The Ogaki Kyoritsu Bank, Ltd. (8361) Earnings: Ordinary Income Up 45.1% YoY to 8.487 Billion Yen

The Ogaki Kyoritsu Bank, Ltd. (8361) has released its financial results, reporting that ordinary profit rose significantly by 45.1% YoY to 8.487 billion yen. Ordinary revenue was 42.73 billion yen, a 24.8% increase compared to the same period of the previous year. Net income attributable to owners of the parent grew 38.7% YoY to 5.72 billion yen, and comprehensive income surged by 413.9% to 57.473 billion yen, with earnings per share (EPS) standing at 139.22 yen.

In terms of financial position and cash flows, operating cash flow was positive at 10.73 billion yen, and free cash flow reached 700.0 billion yen. Furthermore, Return on Equity (ROE) stands at 6.51% and Return on Assets (ROA) at 0.09%. Substantial cash reserves and financial metrics underscore a stable financial foundation.