The Hachijuni Bank, Ltd. Reports Consolidated Earnings Results for the Period Ended December 31, 2018; Provides Earnings and Dividend Guidance for the Fiscal Year Ending March 31, 2019
February 01, 2019 at 01:30 am EST
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The Hachijuni Bank, Ltd. reported consolidated earnings results for the period ended December 31, 2018. For the period, the company reported ordinary revenue of JPY 121,092 million as compared to JPY 142,368 million for the same period last year. Ordinary profit was JPY 26,282 million as compared to JPY 36,235 million for the same period last year. Profit attributable to owners of parent was JPY 17,166 million as compared to JPY 24,046 million for the same period last year. Basic earnings per share was JPY 34.43 as compared to JPY 47.44 for the same period last year. Diluted earnings per share was JPY 34.39 as compared to JPY 47.39 for the same period last year.
For the period ending March 31, 2019, the company expects 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.
The company provided dividend guidance for the fiscal year ending March 31, 2019. For the period, the company provides dividend Guidance of JPY 8.00 per share compared to JPY 7.00 per share a year ago.
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. Reports Consolidated Earnings Results for the Period Ended December 31, 2018; Provides Earnings and Dividend Guidance for the Fiscal Year Ending March 31, 2019