The Gunma Bank, Ltd. Provides Consolidated Earnings Guidance for the Quarter Ending September 30, 2024 and Fiscal Year Ending March 31, 2025
May 09, 2024 at 02:30 am EDT
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The Gunma Bank, Ltd. provided consolidated earnings guidance for the quarter ending September 30, 2024 and fiscal year ending March 31, 2025. For the quarter ending September 30, 2024, the company expects Profit attributable to owners of parent of JPY 17,500 million and Basic earnings per share of JPY 44.59.
For the year ending March 31, 2025, the company expects Profit attributable to owners of parent of JPY 35,000 million and Basic earnings per share of JPY 89.17.
Gunma Bank Ltd is a Japan-based regional bank that operates in two business segments. The Banking Business segment is engaged in deposit and lending operations as well as securities investment, domestic and foreign exchange, over-the-counter sales of public bonds, investment trusts, and insurance products, and trust services, to provide financial products and services to local customers. The segment is also engaged in lending and other banking services. The Leasing segment is engaged in the provision of financial services, including leasing services, mainly to customers in the local community. The Company is also engaged in transportation of goods, maintenance of automated teller machines, securities, guarantees, management consulting, and fund formation and management.