The Hachijuni Bank, Ltd. Announces Consolidated and Non Consolidated Earnings Results for the Second Quarter Ended September 2018; Announces Dividend for the Second Quarter Ended September 2018, Payable on December 05, 2018; Provides Year End Dividend Guidance for the Year Ending March 2019; Provides Consolidated and Non Consolidated Earnings Guidance for the Year Ending March 2019
October 26, 2018 at 02:30 am EDT
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The Hachijuni Bank, Ltd. announced consolidated and non consolidated earnings results for the second quarter ended September 2018. For the period, on consolidated basis, the company reported ordinary revenues of JPY 80,038 million compared to JPY 91,055 million a year ago. Ordinary profit was JPY 16,773 million compared to JPY 20,211 million a year ago. Profit attributable to owners of parent was JPY 10,842 million compared to JPY 13,405 million a year ago. Basic earnings per share was JPY 21.69 compared to JPY 26.45 a year ago. Diluted earnings per share was JPY 21.67 compared to JPY 26.42 a year ago.
For the period, on non-consolidated basis, the company reported ordinary revenues of JPY 59,708 million compared to JPY 71,073 million a year ago. Ordinary profit was JPY 14,224 million compared to JPY 17,524 million a year ago. Profit was JPY 11,437 million compared to JPY 12,200 million a year ago. Basic earnings per share was JPY 22.88 compared to JPY 24.07 a year ago.
The company announced dividend for the second quarter ended September 2018. For the quarter, the company announced dividend of JPY 6.00 per share compared to JPY 6.00 per share paid in the same period ago. The dividend will be payable on December 05, 2018.
The company provided year end dividend guidance for the year ending March 2019. For the period, the company expected dividend of JPY 8.00 per share compared to JPY 7.00 per share paid in the same period ago.
The company provided consolidated and non consolidated earnings guidance for the year ending March 2019. For the year ending March 2019, on consolidated basis, the company expected ordinary profit of JPY 34,500 million, profit attributable to owners of parent of JPY 22,500 million and basic earnings per share of JPY 45.37.
For the year ending March 2019, on non-consolidated basis, the company expected ordinary profit of JPY 28,500 million, profit of JPY 21,500 million and basic earnings per share of JPY 43.35.
The Hachijuni Bank, Ltd. (the Bank) is a regional bank which operates in two business segments. The Banking segment provides deposit, loan, domestic exchange, foreign exchange and trust services. This segment is also engaged in the credit guarantee, debt management and collection, as well as fund transaction. The Leasing segment is engaged in the provision of leasing services. The Bank is also engaged in the purchase and sale of securities, as well as the investment business.
The Hachijuni Bank, Ltd. Announces Consolidated and Non Consolidated Earnings Results for the Second Quarter Ended September 2018; Announces Dividend for the Second Quarter Ended September 2018, Payable on December 05, 2018; Provides Year End Dividend Guidance for the Year Ending March 2019; Provides Consolidated and Non Consolidated Earnings Guidance for the Year Ending March 2019