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Fukui Bank surges in afternoon trading as fiscal year ending March 2026 sees unexpected profit growth

Tue Apr 28, 2026 1:21 pm JST Catalyst

The Fukui Bank, Ltd. <8362> surged in the afternoon session on April 28. The spike followed a 1:00 p.m. announcement that consolidated net profit for the fiscal year ended March 2026 reached 8.6 billion yen (up 20.0% year-on-year), beating its previous forecast by 2.6 billion yen. The results represent a significant turnaround from earlier projections of a profit decline. In addition to the earnings beat, Fukui Bank hiked its year-end dividend forecast by 33 yen to 79 yen, bringing the total annual payout to 108 yen?a massive jump from the 58 yen paid in the prior period. The bank attributed the performance to robust loan interest income and improved yields from its restructured securities portfolio. Furthermore, the strategic sale of cross-held shares provided a substantial boost to the bottom line, fueling dominant buying interest.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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