The Hachijuni Bank, Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
February 02, 2017 at 10:30 am EST
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The Hachijuni Bank, Ltd. reported consolidated earnings results for the third quarter ended December 31, 2016. For the quarter, the company reported ordinary revenue of JPY 160,653 million compared to JPY 131,112 million a year ago. Ordinary income was JPY 31,001 million compared to JPY 37,292 million a year ago. Profit attributable to owners of parent was JPY 20,731 million compared to JPY 23,489 million a year ago. Diluted earnings per share were JPY 40.86 compared to JPY 46.63 a year ago.
The company provided consolidated earnings guidance for the year ending of March 31, 2017. For the period, on a consolidated basis, the company expects ordinary income of JPY 38,000 million. Profit attributable to owners of parent expected to be of JPY 24,500 million. Basic earnings per share expected to be of JPY 48.35.
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. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
THE HACHIJUNI BANK, LTD. 
