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Ehime Bank turns positive in afternoon session as fiscal 2026 net profit exceeds forecast on higher interest and fee income
The Ehime Bank, Ltd. <8541> rose into positive territory in the afternoon session. Around 1:00 p.m. today, the company announced that its consolidated net profit for the fiscal year ending March 2026 is expected to reach 7.2 billion yen (up 26.0% year-on-year), up from the previous forecast of 5.8 billion yen. The announcement drew buying interest as the upward revision to net profit significantly exceeded expectations. The increase was driven by higher interest income and fees and commissions income. The year-end dividend forecast was raised by 10 yen to 29 yen, bringing the full-year dividend forecast to 46 yen (compared to 34 yen in the previous fiscal year). The company is scheduled to announce its earnings results on May 15.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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