山形銀行 announced that it had revised up its consolidated earnings forecast for the fiscal year ending March 2027, forecasting net income of ¥8.5 billion. The dividend forecast was also raised to ¥56 per share, or ¥112 for the full year.
山形銀行 announced that it had revised up its consolidated earnings forecast for the fiscal year ending March 2027, raising net income from ¥7.5 billion to ¥8.5 billion and forecasting a 30% increase from the previous fiscal year. At the standalone bank level, net interest income and income from fees and commissions are expected to exceed the initial forecast.
It also announced that credit-related expenses and expenses are expected to come in below assumptions, citing these factors as the background to the upward revision. The dividend outlook was also raised, with the dividend per share set at ¥56.
The full-year dividend is now expected to be ¥112, with both the second-quarter-end and year-end dividends expected to be ¥56.