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The Gunma Bank gains momentum in afternoon session as FY March 2026 net profit exceeds forecast on higher loan interest income
The Gunma Bank,Ltd. <8334> gained momentum in the afternoon session. The stock rose by more than 9% at one point. Around 2:30 p.m. today, the company announced that its consolidated net profit for the fiscal year ending March 2026 appeared to have landed at 58.8 billion yen (up 33.9% year-on-year), exceeding the previous forecast of 55 billion yen, prompting buying interest. Core business net profit, the company's main business, performed well due to increases in loan interest income and interest and dividend income from securities. The year-end dividend forecast was raised by 2 yen from the previous outlook to 32 yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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