The Hachijuni Bank, Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2016; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2016
February 08, 2016 at 10:30 am EST
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The Hachijuni Bank, Ltd. reported consolidated earnings results for the third quarter ended December 31, 2015. For the quarter, the company reported ordinary revenues of JPY 131,112 million against JPY 136,034 million a year ago. Ordinary income was JPY 37,292 million against JPY 38,895 million a year ago. Profit attributable to owners of parent was JPY 23,489 million against JPY 23,791 million a year ago. Diluted net income per share was JPY 46.63 against JPY 47.25 a year ago.
The company provided earnings guidance for the fourth quarter ending March 31, 2016. For the quarter, the company expects ordinary income of JPY 44,000 million, profit attributable to owners of parent of JPY 28,500 million and net income per share of JPY 55.80.
The company provided dividend guidance for the fiscal year ending March 31, 2016. For the year, the company expects to pay a dividend of JPY 7.00 per share against JPY 10.00 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 Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2016; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2016