Bank of Nagoya (8522) Earnings: Ordinary Profit Increases by 35.8% YoY to 9.93 Billion Yen

The Bank of Nagoya (8522) announced its latest financial results, posting an ordinary profit increase of 35.8% year-on-year to 9,931 million yen. Ordinary revenue rose 25.2% to 38,502 million yen, and net income attributable to owners of the parent grew 28.8% to 6,744 million yen, marking a solid increase in both revenue and earnings. Earnings per share (EPS) stood at 137.09 yen, while comprehensive income was 6,959 million yen.

From a financial structure and valuation perspective, the equity ratio is recorded at 5.1%, supported by substantial retained earnings of 189.65 billion yen, highlighting a solid internal reserve foundation. Additionally, the return on equity (ROE) stands at 2.86% and return on assets (ROA) at 0.11%, amidst interest-bearing liabilities of 10.0 billion yen, reflecting the company's capital efficiency and financial management.