trending Market Intelligence /marketintelligence/en/news-insights/trending/WH9G7AUPNCnoUohLIaFMIg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Chiba Bank fiscal full-year net income drops 2.7%

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Chiba Bank fiscal full-year net income drops 2.7%

Chiba BankLtd. said its net income attributable to shareholders for thefiscal year ended March 31 dropped 2.7% to ¥55.44 billion from ¥57.03 billionin the prior fiscal year.

EPS fell to ¥67.03 from ¥68.02.

Ordinary income rose 1.9% year over year to ¥228.69 billionfrom ¥224.266 billion, while ordinary profit for the fiscal year increased 1.5%to ¥85.56 billion from ¥84.24 billion in the fiscal year ended March 31, 2015.

The company raised its fiscal-year dividend to ¥14 yen pershare from ¥13 yen per share in the prior fiscal year.

Chiba Bank expects its net income for the fiscal year endingMarch 31, 2017, to drop 11% to ¥52 billion. However, it plans to raise itsdividend for the fiscal year by 7.1% to ¥15 per share.

As of May 10, US$1 wasequivalent to ¥109.05.