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Hyakujushi Bank shares briefly turn positive as FY2,026 results top forecasts, dividend raised
The Hyakujushi Bank, Ltd. <8386> narrowed its losses in late afternoon trading on Tuesday and briefly turned positive after raising its profit and dividend outlooks. Around 3 p.m., the lender announced that consolidated net profit for the fiscal year ended March 2,026 is expected to reach 18.8 billion yen (up 37.2% year-on-year), topping its previous guidance of 17.5 billion yen. The company attributed the upside to factors including an increase in interest income. In line with the stronger results, Hyakujushi Bank hiked its year-end dividend forecast to 126 yen from 108 yen, bringing the full-year payout to 234 yen. This represents a significant increase from the 145 yen distributed in the prior fiscal year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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