Suruga Bank（URU）株式概要スルガ銀行は日本国内の個人および法人顧客に対し、様々な銀行業務および金融商品・サービスを提供している。 詳細URU ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長1/6過去の実績5/6財務の健全性4/6配当金3/6報酬株価収益率（ 12.8 x） German市場（ 17 x）を下回っています。収益は年間3.08%増加すると予測されています 過去1年間で収益は72.1%増加しました リスク分析不安定な配当実績 すべてのリスクチェックを見るURU Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW495,712 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG495,712 investors already sharing narrativesYour Fair Value€Current Price€13.9016.4% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-97b131b2016201920222025202620282031Revenue JP¥102.3bEarnings JP¥40.9bAdvancedSet Fair ValueView all narrativesSuruga Bank Ltd. 競合他社ProCredit HoldingSymbol: XTRA:PCZMarket cap: €490.6mJuroku Financial GroupIncSymbol: TSE:7380Market cap: JP¥432.1bBancorpSymbol: NasdaqGS:TBBKMarket cap: US$2.8bNBT BancorpSymbol: NasdaqGS:NBTBMarket cap: US$2.6b価格と性能株価の高値、安値、推移の概要Suruga Bank過去の株価現在の株価JP¥13.9052週高値JP¥13.9052週安値JP¥7.70ベータ0.551ヶ月の変化11.20%3ヶ月変化17.80%1年変化80.52%3年間の変化297.14%5年間の変化456.00%IPOからの変化219.54%最新ニュースReported Earnings • May 20Full year 2026 earnings released: EPS: JP¥199 (vs JP¥107 in FY 2025)Full year 2026 results: EPS: JP¥199 (up from JP¥107 in FY 2025). Revenue: JP¥86.8b (up 10% from FY 2025). Net income: JP¥34.7b (up 72% from FY 2025). Profit margin: 40% (up from 26% in FY 2025). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year whereas the company’s share price has increased by 55% per year.お知らせ • May 14Suruga Bank Ltd., Annual General Meeting, Jun 24, 2026Suruga Bank Ltd., Annual General Meeting, Jun 24, 2026.お知らせ • May 10Suruga Bank Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Suruga Bank Ltd. announced that they will report fiscal year 2026 results on May 14, 2026お知らせ • Mar 15Suruga Bank Ltd. Announces Retirement of Mr. Tomoaki Tsutsumi as CCO & General Manager of the Compliance & Risk Management Division, Effective March 31, 2026Suruga Bank Ltd. announced that Mr. Tomoaki Tsutsumi is scheduled to retire as CCO & General Manager of the Compliance & Risk Management Division on March 31, 2026. Current position: Director & Senior Managing Executive Officer, CCO & General Manager of Compliance & Risk Management Division.お知らせ • Oct 03Suruga Bank Ltd. to Report Q2, 2026 Results on Nov 13, 2025Suruga Bank Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025お知らせ • Jul 29Suruga Bank Ltd. to Report Q1, 2026 Results on Aug 07, 2025Suruga Bank Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025最新情報をもっと見るRecent updatesReported Earnings • May 20Full year 2026 earnings released: EPS: JP¥199 (vs JP¥107 in FY 2025)Full year 2026 results: EPS: JP¥199 (up from JP¥107 in FY 2025). Revenue: JP¥86.8b (up 10% from FY 2025). Net income: JP¥34.7b (up 72% from FY 2025). Profit margin: 40% (up from 26% in FY 2025). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year whereas the company’s share price has increased by 55% per year.お知らせ • May 14Suruga Bank Ltd., Annual General Meeting, Jun 24, 2026Suruga Bank Ltd., Annual General Meeting, Jun 24, 2026.お知らせ • May 10Suruga Bank Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Suruga Bank Ltd. announced that they will report fiscal year 2026 results on May 14, 2026お知らせ • Mar 15Suruga Bank Ltd. Announces Retirement of Mr. Tomoaki Tsutsumi as CCO & General Manager of the Compliance & Risk Management Division, Effective March 31, 2026Suruga Bank Ltd. announced that Mr. Tomoaki Tsutsumi is scheduled to retire as CCO & General Manager of the Compliance & Risk Management Division on March 31, 2026. Current position: Director & Senior Managing Executive Officer, CCO & General Manager of Compliance & Risk Management Division.お知らせ • Oct 03Suruga Bank Ltd. to Report Q2, 2026 Results on Nov 13, 2025Suruga Bank Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025お知らせ • Jul 29Suruga Bank Ltd. to Report Q1, 2026 Results on Aug 07, 2025Suruga Bank Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025お知らせ • May 14+ 1 more updateSuruga Bank Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2025, Payable on June 3, 2025; Provides Dividend Guidance for the Second Quarter and Year-End of Fiscal Year Ending March 31, 2026Suruga Bank Ltd. announced dividend for the Fiscal year ended March 31, 2025 and provided dividend guidance for the Second quarter and year-end of fiscal year ending March 31, 2026 . For the Fiscal year ended March 31, 2025, company announced dividend of JPY 14.50 per share as compared to JPY 14.00 per share paid an year ago. Scheduled date to commence dividend payments: June 3, 2025, For the Second quarter of year Ending March 31, 2026, company expected to pay JPY 18.50 per share against JPY 14.50 per share for the previous period, For the full year ending March 31, 2026, company expected to pay dividend of JPY 18.50 per share against JPY 14.50 per share for the previous period.お知らせ • May 13Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 12,500,000 shares, representing 6.8% for ¥15,000 million.Suruga Bank Ltd. (TSE:8358) announces a share repurchase program. Under the program, the company will repurchase 12,500,000 shares, representing 6.80% of its issued share capital for ¥15,000 million. The purpose of the program is to enhance shareholders returns. The program will expire on January 31, 2026. As of March 31, 2025, the company had 197,139,248 shares and 13,209,575 shares in treasury.お知らせ • May 12Suruga Bank Ltd., Annual General Meeting, Jun 25, 2025Suruga Bank Ltd., Annual General Meeting, Jun 25, 2025.お知らせ • Mar 13Suruga Bank, Ltd. Hereby Announces the Retirement of Board and CommitteesSuruga Bank Ltd. hereby announced the retire at the conclusion of the 214th Annual General Meeting of Shareholders to be held on June 25, 2025, of Emi Noge as Outside Director, Member of the Audit & Supervisory Committee and Takeshi Miyajima as Director & Senior Executive Officer, General Manager of IT & Operations Division.お知らせ • Mar 11Suruga Bank Ltd. to Report Fiscal Year 2025 Results on May 12, 2025Suruga Bank Ltd. announced that they will report fiscal year 2025 results on May 12, 2025お知らせ • Feb 06Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 4,500,000 shares, representing 2.41% for ¥6,000 million.Suruga Bank Ltd. (TSE:8358) announces a share repurchase program. Under the program, the company will repurchase 4,500,000 shares, representing 2.41% of its issued share capital for ¥6,000 million. The purpose of the program is to enhance shareholders returns. The program will expire on April 30, 2025. As of December 31, 2024, the company had 197,139,248 shares and 10,179,098 shares in treasury.お知らせ • Jan 03Suruga Bank Ltd. to Report Q3, 2025 Results on Feb 06, 2025Suruga Bank Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025Declared Dividend • Dec 30First half dividend of JP¥14.50 announcedShareholders will receive a dividend of JP¥14.50. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 216%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 5.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥22.47 (vs JP¥27.46 in 2Q 2024)Second quarter 2025 results: EPS: JP¥22.47 (down from JP¥27.46 in 2Q 2024). Revenue: JP¥19.7b (down 6.8% from 2Q 2024). Net income: JP¥4.27b (down 30% from 2Q 2024). Profit margin: 22% (down from 29% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 5.3% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 2.9%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 20Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 12 December 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.4%).お知らせ • Sep 18Suruga Bank Ltd. to Report Q2, 2025 Results on Nov 12, 2024Suruga Bank Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024New Risk • Aug 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (2.2% increase in shares outstanding).Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥35.37 (vs JP¥18.63 in 1Q 2024)First quarter 2025 results: EPS: JP¥35.37 (up from JP¥18.63 in 1Q 2024). Revenue: JP¥22.5b (up 21% from 1Q 2024). Net income: JP¥6.81b (up 94% from 1Q 2024). Profit margin: 30% (up from 19% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 5.9% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 3.0%. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 05Now 29% undervaluedThe stock has been flat over the last 90 days, currently trading at €5.70. The fair value is estimated to be €8.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 35%. For the next 3 years, revenue is forecast to decline by 5.4% per annum. Earnings are forecast to grow by 1.3% per annum over the same time period.Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €7.25, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 206% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.13 per share.Declared Dividend • Jul 11Final dividend of JP¥11.00 announcedShareholders will receive a dividend of JP¥11.00. Ex-date: 27th September 2024 Payment date: 12th December 2024 Dividend yield will be 188%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 2.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 13% over the next 3 years, which should be enough to bring the dividend into a sustainable range.お知らせ • Jun 22Suruga Bank Ltd. to Report Q1, 2025 Results on Aug 08, 2024Suruga Bank Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €6.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 164% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.47 per share.Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥75.45 (vs JP¥56.15 in FY 2023)Full year 2024 results: EPS: JP¥75.45 (up from JP¥56.15 in FY 2023). Revenue: JP¥73.2b (up 6.5% from FY 2023). Net income: JP¥15.4b (up 45% from FY 2023). Profit margin: 21% (up from 15% in FY 2023). Revenue is expected to decline by 5.5% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.お知らせ • May 12Suruga Bank Ltd., Annual General Meeting, Jun 26, 2024Suruga Bank Ltd., Annual General Meeting, Jun 26, 2024.Buy Or Sell Opportunity • Apr 10Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to €5.85. The fair value is estimated to be €4.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 38%. For the next 3 years, revenue is forecast to decline by 3.9% per annum. Earnings are forecast to grow by 13% per annum over the same time period.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €6.05, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.23 per share.お知らせ • Apr 04Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 6,000,000 shares, representing 3.11% for ¥7,000 million.Suruga Bank Ltd. (TSE:8358) announces a share repurchase program. Under the program, the company will repurchase 6,000,000 shares, representing 3.11% of its issued share capital for ¥7,000 million. The purpose of the program is to enhance shareholders returns. The program will expire on September 30, 2024. As of March 31, 2024, the company had 232,139,248 shares and 39,334,605 shares in treasury.お知らせ • Mar 24Suruga Bank Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Suruga Bank Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 06 June 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.6%).Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥18.66 (vs JP¥23.84 in 3Q 2023)Third quarter 2024 results: EPS: JP¥18.66 (down from JP¥23.84 in 3Q 2023). Revenue: JP¥26.5b (up 41% from 3Q 2023). Net income: JP¥3.91b (down 13% from 3Q 2023). Profit margin: 15% (down from 24% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 6.0% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.お知らせ • Jan 09Suruga Bank Ltd. to Report Q3, 2024 Results on Feb 09, 2024Suruga Bank Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024New Risk • Dec 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.1% net profit margin). Shareholders have been diluted in the past year (8.8% increase in shares outstanding).New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.1% Last year net profit margin: 9.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.1% net profit margin).お知らせ • Sep 27Suruga Bank Ltd. to Report Q2, 2024 Results on Nov 09, 2023Suruga Bank Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023New Risk • Aug 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.09% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.09% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 13First quarter 2024 earnings released: EPS: JP¥18.63 (vs JP¥21.56 in 1Q 2023)First quarter 2024 results: EPS: JP¥18.63 (down from JP¥21.56 in 1Q 2023). Revenue: JP¥20.6b (up 13% from 1Q 2023). Net income: JP¥3.51b (down 14% from 1Q 2023). Profit margin: 17% (down from 22% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Jul 04Suruga Bank Ltd. announced that it has received ¥17.123432 billion in funding from Credit Saison Co., Ltd.On July 3, 2023, Suruga Bank Ltd. closed the transaction.お知らせ • Jun 24Suruga Bank Ltd. to Report Q1, 2024 Results on Aug 10, 2023Suruga Bank Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023お知らせ • May 20Suruga Bank Ltd. announced that it expects to receive ¥17.123432 billion in funding from Sansei Capital Investment Co., Ltd.Suruga Bank Ltd. announced that it will issue 35,089,000 common shares at a price of ¥488 per share for gross proceeds of ¥17,123,432,000 on May 18, 2023. The transaction included participation from new investor, Saison Information Systems Co., Ltd. for 15.70% shares. The transaction is expected to complete from July 3, 2023 to September 29, 2023. The company will pay ¥254,890,000 as legal fees, advisory fees and document preparation costs such as securities registration statements.お知らせ • May 19Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 35,000,000 shares, representing 18.58% for ¥22,000 million.Suruga Bank Ltd. (TSE:8358) announces a share repurchase program. Under the program, the company will repurchase 35,000,000 shares, representing 18.58% of its issued share capital for ¥22,000 million. The purpose of the program is implementing a capital policy that responds to changes in the environment and market environment. The program will expire on March 31, 2024. As of March 31, 2023, the company had 232,139,248 shares and 43,768,676 shares in treasury.お知らせ • May 18Credit Saison Reportedly to Acquire Stake in Suruga BankCredit Saison Co., Ltd. (TSE:8253) plans to acquire a stake of around 15% in Suruga Bank Ltd. (TSE:8358), people familiar with the matter said 17 May 2023. The Japanese lender, for its part, will acquire a stake of about 5% in Credit Saison, the people said. The cross-shareholding deal comes as an effort by Nojima Corp, a Japanese electronics retailer, to help rebuild the struggling bank had fallen through.Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥56.15 (vs JP¥34.73 in FY 2022)Full year 2023 results: EPS: JP¥56.15 (up from JP¥34.73 in FY 2022). Revenue: JP¥68.7b (down 1.4% from FY 2022). Net income: JP¥10.6b (up 33% from FY 2022). Profit margin: 15% (up from 11% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • May 13+ 3 more updatesSuruga Bank Ltd. Announces Dividend for the Year Ended March 31, 2023, Payable on June 6, 2023Suruga Bank Ltd. announced dividend for the year ended March 31, 2023, for the year, the company announced dividend of JPY 9.00 per share against JPY 6.00 per share a year ago, Payable on June 6, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥6.00 per share at 1.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 6.1% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.1%).Reported Earnings • Feb 13Third quarter 2023 earnings released: EPS: JP¥23.84 (vs JP¥35.48 loss in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.84 (up from JP¥35.48 loss in 3Q 2022). Revenue: JP¥22.1b (up 226% from 3Q 2022). Net income: JP¥4.49b (up JP¥12.7b from 3Q 2022). Profit margin: 20% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.お知らせ • Feb 09Suruga Bank Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Suruga Bank Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects ordinary revenues of ¥86,000 million, ordinary profit of ¥11,000 million, profit attributable to owners of parent of ¥9,000 million and basic earnings per share of ¥47.77.お知らせ • Dec 22Suruga Bank Ltd. to Report Q3, 2023 Results on Feb 09, 2023Suruga Bank Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 7 non-independent directors. Outside Independent Director Yoriyuki Kusaki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥65.47 (vs JP¥65.85 in 2Q 2022)Second quarter 2023 results: EPS: JP¥65.47 (down from JP¥65.85 in 2Q 2022). Revenue: JP¥33.5b (up 3.8% from 2Q 2022). Net income: JP¥12.3b (down 19% from 2Q 2022). Profit margin: 37% (down from 47% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 13% per year.お知らせ • Nov 12+ 1 more updateSuruga Bank Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Suruga Bank Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the year, the company expects dividend of ¥6.00 per share against ¥6.00 per share a year ago.お知らせ • Sep 17Suruga Bank Ltd. to Report Q2, 2023 Results on Nov 11, 2022Suruga Bank Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥21.56 (vs JP¥11.01 in 1Q 2022)First quarter 2023 results: EPS: JP¥21.56 (up from JP¥11.01 in 1Q 2022). Revenue: JP¥20.3b (up 12% from 1Q 2022). Net income: JP¥4.06b (up 59% from 1Q 2022). Profit margin: 20% (up from 14% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Aug 11+ 1 more updateSuruga Bank Ltd. Provides Earnings Guidance for the Quarter Ending September 2022 and March 31, 2023Suruga Bank Ltd. provided earnings guidance for the quarter ending September 2022 and March 31, 2023. For the quarter, the company expects ordinary revenues of ¥45,500 million, ordinary profit of ¥12,000 million, profit attributable to owners of parent of ¥11,000 million and basic earnings per share of ¥58.41. For the quarter, the company expects ordinary revenues of ¥86,000 million, ordinary profit of ¥10,500 million, profit attributable to owners of parent of ¥9,000 million and basic earnings per share of ¥47.79.お知らせ • Jun 25Suruga Bank Ltd. to Report Q1, 2023 Results on Aug 10, 2022Suruga Bank Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥34.73 (vs JP¥92.52 in FY 2021)Full year 2022 results: EPS: JP¥34.73 (down from JP¥92.52 in FY 2021). Revenue: JP¥69.7b (down 22% from FY 2021). Net income: JP¥7.96b (down 63% from FY 2021). Profit margin: 11% (down from 24% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 1.0% compared to a 13% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • May 15Suruga Bank Ltd., Annual General Meeting, Jun 29, 2022Suruga Bank Ltd., Annual General Meeting, Jun 29, 2022.Board Change • Apr 28Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Outside Director Yoichi Namekata is the most experienced director on the board, commencing their role in 2019. Outside Independent Director Yoriyuki Kusaki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 08Suruga Bank Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Suruga Bank Ltd. announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 5.4% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.7%).お知らせ • Mar 10Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 42,854 shares, for ¥17.44 million.Suruga Bank Ltd. (TSE:8358) announces a share repurchase program. Under the program, the company will repurchase 42,854 shares from Nojima Corporation at a price of ¥407 per share. The program will expire on March 9, 2022.お知らせ • Feb 11+ 1 more updateSuruga Bank Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2022Suruga Bank Ltd. provided consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expects Ordinary revenues of JPY 87,000 million, Ordinary profit of JPY 8,000 million, profit attributable to owners of the company of JPY 7,000 million and basic earnings per share of JPY 30.21.Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: JP¥35.48 loss per share (down from JP¥16.98 profit in 3Q 2021). Revenue: JP¥16.9b (down 23% from 3Q 2021). Net loss: JP¥8.22b (down 309% from profit in 3Q 2021). Revenue missed analyst estimates by 1.6%. Over the next year, revenue is expected to shrink by 24% compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS JP¥65.85 (vs JP¥21.48 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥34.8b (up 35% from 2Q 2021). Net income: JP¥15.3b (up 207% from 2Q 2021). Profit margin: 44% (up from 19% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Executive Departure • Jul 06Independent Director Kiyoto Matsuda has left the companyOn the 28th of June, Kiyoto Matsuda's tenure as Independent Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Kiyoto's name. Kiyoto is the only executive to leave the company over the last 12 months.お知らせ • May 16+ 1 more updateSuruga Bank Ltd. Provides Year End Dividend Guidance for the Fiscal Year Ending March 2022Suruga Bank Ltd. provided year end dividend guidance for the fiscal year ending March 2022. For the year, the company expects year end dividend of JPY 5.00 per share.Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 12 June 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.9%).Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥3.52, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Banks industry in Europe. Total returns to shareholders of 23% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.38 per share.Is New 90 Day High Low • Mar 10New 90-day high: €2.90The company is up 13% from its price of €2.56 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.59 per share.Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥16.98 (vs JP¥15.03 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥31.9b (up 26% from 3Q 2020). Net income: JP¥3.93b (up 13% from 3Q 2020). Profit margin: 12% (down from 14% in 3Q 2020).Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 26%. Over the next year, revenue is expected to shrink by 24% compared to a 25% growth forecast for the Banks industry in Germany.Is New 90 Day High Low • Jan 30New 90-day low: €2.36The company is down 13% from its price of €2.72 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.60 per share.お知らせ • Jan 28Suruga Bank Ltd.(TSE:8358) dropped from FTSE All-World Index (USD)Suruga Bank Ltd.(TSE:8358) dropped from FTSE All-World Index (USD)Is New 90 Day High Low • Dec 23New 90-day low: €2.40The company is down 21% from its price of €3.04 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.06 per share.お知らせ • Dec 19Suruga Bank Ltd. to Report Q3, 2021 Results on Feb 12, 2021Suruga Bank Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021Is New 90 Day High Low • Dec 01New 90-day low: €2.54The company is down 13% from its price of €2.92 on 02 September 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.06 per share.Reported Earnings • Nov 15Second quarter 2021 earnings released: EPS JP¥21.48The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥33.7b (up 10.0% from 2Q 2020). Net income: JP¥4.98b (down 59% from 2Q 2020). Profit margin: 15% (down from 40% in 2Q 2020). The decrease in margin was driven by higher expenses.Is New 90 Day High Low • Oct 21New 90-day low: €2.72The company is down 7.0% from its price of €2.94 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.45 per share.お知らせ • Oct 10Suruga Bank Ltd. to Report Q2, 2021 Results on Nov 13, 2020Suruga Bank Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020お知らせ • Sep 23Suruga Bank Ltd.(TSE:8358) dropped from S&P Japan 500Suruga Bank Ltd.(TSE:8358) dropped from S&P Japan 500お知らせ • Jul 30Nojima Corporation (TSE:7419) completed the acquisition of an additional 13.52% stake in Suruga Bank Ltd. (TSE:8358) from SG Investments, Ltd., Suruga Sogo Hoken K.K., S.G. Asset Company, Mitsuyoshi Okano and the other Okano founding family members.Nojima Corporation (TSE:7419) agreed to acquire an additional 13.52% stake in Suruga Bank Ltd. (TSE:8358) from SG Investments, Ltd., Suruga Sogo Hoken K.K., S.G. Asset Company, Mitsuyoshi Okano and the other Okano founding family members for approximately ¥14.1 billion on October 25, 2019. Nojima Corporation will acquire 31.3 million shares of Suruga Bank Ltd. After the transaction, Nojima Corporation will hold 18.52% stake in Suruga Bank Ltd. The transaction is expected to be completed on October 29, 2019. The proceeds from the share sale will go toward repaying debts owed to the bank by companies linked to the Okano family. Nojima Corporation (TSE:7419) completed the acquisition of an additional 13.52% stake in Suruga Bank Ltd. (TSE:8358) from SG Investments, Ltd., Suruga Sogo Hoken K.K., S.G. Asset Company, Mitsuyoshi Okano and the other Okano founding family members on October 29, 2019.お知らせ • Jun 20Suruga Bank Ltd. to Report Q1, 2021 Results on Aug 14, 2020Suruga Bank Ltd. announced that they will report Q1, 2021 results on Aug 14, 2020株主還元URUDE BanksDE 市場7D2.2%-1.0%-2.3%1Y80.5%43.3%0.3%株主還元を見る業界別リターン: URU過去 1 年間で43.3 % の収益を上げたGerman Banks業界を上回りました。リターン対市場: URU過去 1 年間で0.3 % の収益を上げたGerman市場を上回りました。価格変動Is URU's price volatile compared to industry and market?URU volatilityURU Average Weekly Movement4.7%Banks Industry Average Movement3.5%Market Average Movement5.4%10% most volatile stocks in DE Market12.6%10% least volatile stocks in DE Market2.8%安定した株価: URU 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: URUの 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト18951,383Kosuke Katowww.surugabank.co.jpスルガ銀行は、日本の個人および法人顧客に対し、様々な銀行商品および金融サービスを提供している。定期預金、普通預金、貯蓄預金、外貨預金、その他預金、当座預金、総合口座などの預金商品、カードローン、住宅ローン、セカンドハウス、創業融資、事業資金、目的別ローン、クレジットカード、デビットカード、当座貸越、その他融資商品を提供している。また、投資信託、公社債、年金拠出金、保険、相続・信託、宝くじ、外貨、Pay-easy（ペイジー）、Webダイレクト、貸金庫、外部連携、外国送金、資金管理、e-コンビネーション、ペイメント、介護・医療・調剤報酬債権ファクタリング、住宅ローン、インターネット・テレフォンバンキングサービスも提供している。さらに、人材派遣、貸金、保証、印刷、リース、代理店サービスも提供している。同社は1895年に設立され、沼津市に本社を置く。もっと見るSuruga Bank Ltd. 基礎のまとめSuruga Bank の収益と売上を時価総額と比較するとどうか。URU 基礎統計学時価総額€2.41b収益（TTM）€187.80m売上高(TTM)€469.60m12.8xPER（株価収益率1.4xPBR（株価純資産倍率URU は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計URU 損益計算書（TTM）収益JP¥86.84b売上原価JP¥0売上総利益JP¥86.84bその他の費用JP¥52.11b収益JP¥34.73b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）203.85グロス・マージン100.00%純利益率39.99%有利子負債／自己資本比率0%URU の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.3%現在の配当利回り30%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/13 15:45終値2026/07/13 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Suruga Bank Ltd. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Shinichi TamuraBarclaysShinichiro NakamuraBofA Global ResearchJ. WaterhouseCLSA12 その他のアナリストを表示
Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥199 (vs JP¥107 in FY 2025)Full year 2026 results: EPS: JP¥199 (up from JP¥107 in FY 2025). Revenue: JP¥86.8b (up 10% from FY 2025). Net income: JP¥34.7b (up 72% from FY 2025). Profit margin: 40% (up from 26% in FY 2025). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year whereas the company’s share price has increased by 55% per year.
お知らせ • May 14Suruga Bank Ltd., Annual General Meeting, Jun 24, 2026Suruga Bank Ltd., Annual General Meeting, Jun 24, 2026.
お知らせ • May 10Suruga Bank Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Suruga Bank Ltd. announced that they will report fiscal year 2026 results on May 14, 2026
お知らせ • Mar 15Suruga Bank Ltd. Announces Retirement of Mr. Tomoaki Tsutsumi as CCO & General Manager of the Compliance & Risk Management Division, Effective March 31, 2026Suruga Bank Ltd. announced that Mr. Tomoaki Tsutsumi is scheduled to retire as CCO & General Manager of the Compliance & Risk Management Division on March 31, 2026. Current position: Director & Senior Managing Executive Officer, CCO & General Manager of Compliance & Risk Management Division.
お知らせ • Oct 03Suruga Bank Ltd. to Report Q2, 2026 Results on Nov 13, 2025Suruga Bank Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025
お知らせ • Jul 29Suruga Bank Ltd. to Report Q1, 2026 Results on Aug 07, 2025Suruga Bank Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025
Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥199 (vs JP¥107 in FY 2025)Full year 2026 results: EPS: JP¥199 (up from JP¥107 in FY 2025). Revenue: JP¥86.8b (up 10% from FY 2025). Net income: JP¥34.7b (up 72% from FY 2025). Profit margin: 40% (up from 26% in FY 2025). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year whereas the company’s share price has increased by 55% per year.
お知らせ • May 14Suruga Bank Ltd., Annual General Meeting, Jun 24, 2026Suruga Bank Ltd., Annual General Meeting, Jun 24, 2026.
お知らせ • May 10Suruga Bank Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Suruga Bank Ltd. announced that they will report fiscal year 2026 results on May 14, 2026
お知らせ • Mar 15Suruga Bank Ltd. Announces Retirement of Mr. Tomoaki Tsutsumi as CCO & General Manager of the Compliance & Risk Management Division, Effective March 31, 2026Suruga Bank Ltd. announced that Mr. Tomoaki Tsutsumi is scheduled to retire as CCO & General Manager of the Compliance & Risk Management Division on March 31, 2026. Current position: Director & Senior Managing Executive Officer, CCO & General Manager of Compliance & Risk Management Division.
お知らせ • Oct 03Suruga Bank Ltd. to Report Q2, 2026 Results on Nov 13, 2025Suruga Bank Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025
お知らせ • Jul 29Suruga Bank Ltd. to Report Q1, 2026 Results on Aug 07, 2025Suruga Bank Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025
お知らせ • May 14+ 1 more updateSuruga Bank Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2025, Payable on June 3, 2025; Provides Dividend Guidance for the Second Quarter and Year-End of Fiscal Year Ending March 31, 2026Suruga Bank Ltd. announced dividend for the Fiscal year ended March 31, 2025 and provided dividend guidance for the Second quarter and year-end of fiscal year ending March 31, 2026 . For the Fiscal year ended March 31, 2025, company announced dividend of JPY 14.50 per share as compared to JPY 14.00 per share paid an year ago. Scheduled date to commence dividend payments: June 3, 2025, For the Second quarter of year Ending March 31, 2026, company expected to pay JPY 18.50 per share against JPY 14.50 per share for the previous period, For the full year ending March 31, 2026, company expected to pay dividend of JPY 18.50 per share against JPY 14.50 per share for the previous period.
お知らせ • May 13Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 12,500,000 shares, representing 6.8% for ¥15,000 million.Suruga Bank Ltd. (TSE:8358) announces a share repurchase program. Under the program, the company will repurchase 12,500,000 shares, representing 6.80% of its issued share capital for ¥15,000 million. The purpose of the program is to enhance shareholders returns. The program will expire on January 31, 2026. As of March 31, 2025, the company had 197,139,248 shares and 13,209,575 shares in treasury.
お知らせ • May 12Suruga Bank Ltd., Annual General Meeting, Jun 25, 2025Suruga Bank Ltd., Annual General Meeting, Jun 25, 2025.
お知らせ • Mar 13Suruga Bank, Ltd. Hereby Announces the Retirement of Board and CommitteesSuruga Bank Ltd. hereby announced the retire at the conclusion of the 214th Annual General Meeting of Shareholders to be held on June 25, 2025, of Emi Noge as Outside Director, Member of the Audit & Supervisory Committee and Takeshi Miyajima as Director & Senior Executive Officer, General Manager of IT & Operations Division.
お知らせ • Mar 11Suruga Bank Ltd. to Report Fiscal Year 2025 Results on May 12, 2025Suruga Bank Ltd. announced that they will report fiscal year 2025 results on May 12, 2025
お知らせ • Feb 06Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 4,500,000 shares, representing 2.41% for ¥6,000 million.Suruga Bank Ltd. (TSE:8358) announces a share repurchase program. Under the program, the company will repurchase 4,500,000 shares, representing 2.41% of its issued share capital for ¥6,000 million. The purpose of the program is to enhance shareholders returns. The program will expire on April 30, 2025. As of December 31, 2024, the company had 197,139,248 shares and 10,179,098 shares in treasury.
お知らせ • Jan 03Suruga Bank Ltd. to Report Q3, 2025 Results on Feb 06, 2025Suruga Bank Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025
Declared Dividend • Dec 30First half dividend of JP¥14.50 announcedShareholders will receive a dividend of JP¥14.50. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 216%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 5.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥22.47 (vs JP¥27.46 in 2Q 2024)Second quarter 2025 results: EPS: JP¥22.47 (down from JP¥27.46 in 2Q 2024). Revenue: JP¥19.7b (down 6.8% from 2Q 2024). Net income: JP¥4.27b (down 30% from 2Q 2024). Profit margin: 22% (down from 29% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 5.3% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 2.9%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 12 December 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.4%).
お知らせ • Sep 18Suruga Bank Ltd. to Report Q2, 2025 Results on Nov 12, 2024Suruga Bank Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024
New Risk • Aug 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (2.2% increase in shares outstanding).
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥35.37 (vs JP¥18.63 in 1Q 2024)First quarter 2025 results: EPS: JP¥35.37 (up from JP¥18.63 in 1Q 2024). Revenue: JP¥22.5b (up 21% from 1Q 2024). Net income: JP¥6.81b (up 94% from 1Q 2024). Profit margin: 30% (up from 19% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 5.9% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 3.0%. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 05Now 29% undervaluedThe stock has been flat over the last 90 days, currently trading at €5.70. The fair value is estimated to be €8.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 35%. For the next 3 years, revenue is forecast to decline by 5.4% per annum. Earnings are forecast to grow by 1.3% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €7.25, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 206% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.13 per share.
Declared Dividend • Jul 11Final dividend of JP¥11.00 announcedShareholders will receive a dividend of JP¥11.00. Ex-date: 27th September 2024 Payment date: 12th December 2024 Dividend yield will be 188%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 2.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 13% over the next 3 years, which should be enough to bring the dividend into a sustainable range.
お知らせ • Jun 22Suruga Bank Ltd. to Report Q1, 2025 Results on Aug 08, 2024Suruga Bank Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €6.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 164% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.47 per share.
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥75.45 (vs JP¥56.15 in FY 2023)Full year 2024 results: EPS: JP¥75.45 (up from JP¥56.15 in FY 2023). Revenue: JP¥73.2b (up 6.5% from FY 2023). Net income: JP¥15.4b (up 45% from FY 2023). Profit margin: 21% (up from 15% in FY 2023). Revenue is expected to decline by 5.5% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
お知らせ • May 12Suruga Bank Ltd., Annual General Meeting, Jun 26, 2024Suruga Bank Ltd., Annual General Meeting, Jun 26, 2024.
Buy Or Sell Opportunity • Apr 10Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to €5.85. The fair value is estimated to be €4.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 38%. For the next 3 years, revenue is forecast to decline by 3.9% per annum. Earnings are forecast to grow by 13% per annum over the same time period.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €6.05, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.23 per share.
お知らせ • Apr 04Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 6,000,000 shares, representing 3.11% for ¥7,000 million.Suruga Bank Ltd. (TSE:8358) announces a share repurchase program. Under the program, the company will repurchase 6,000,000 shares, representing 3.11% of its issued share capital for ¥7,000 million. The purpose of the program is to enhance shareholders returns. The program will expire on September 30, 2024. As of March 31, 2024, the company had 232,139,248 shares and 39,334,605 shares in treasury.
お知らせ • Mar 24Suruga Bank Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Suruga Bank Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 06 June 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.6%).
Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥18.66 (vs JP¥23.84 in 3Q 2023)Third quarter 2024 results: EPS: JP¥18.66 (down from JP¥23.84 in 3Q 2023). Revenue: JP¥26.5b (up 41% from 3Q 2023). Net income: JP¥3.91b (down 13% from 3Q 2023). Profit margin: 15% (down from 24% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 6.0% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
お知らせ • Jan 09Suruga Bank Ltd. to Report Q3, 2024 Results on Feb 09, 2024Suruga Bank Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024
New Risk • Dec 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.1% net profit margin). Shareholders have been diluted in the past year (8.8% increase in shares outstanding).
New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.1% Last year net profit margin: 9.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.1% net profit margin).
お知らせ • Sep 27Suruga Bank Ltd. to Report Q2, 2024 Results on Nov 09, 2023Suruga Bank Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023
New Risk • Aug 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.09% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.09% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 13First quarter 2024 earnings released: EPS: JP¥18.63 (vs JP¥21.56 in 1Q 2023)First quarter 2024 results: EPS: JP¥18.63 (down from JP¥21.56 in 1Q 2023). Revenue: JP¥20.6b (up 13% from 1Q 2023). Net income: JP¥3.51b (down 14% from 1Q 2023). Profit margin: 17% (down from 22% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Jul 04Suruga Bank Ltd. announced that it has received ¥17.123432 billion in funding from Credit Saison Co., Ltd.On July 3, 2023, Suruga Bank Ltd. closed the transaction.
お知らせ • Jun 24Suruga Bank Ltd. to Report Q1, 2024 Results on Aug 10, 2023Suruga Bank Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023
お知らせ • May 20Suruga Bank Ltd. announced that it expects to receive ¥17.123432 billion in funding from Sansei Capital Investment Co., Ltd.Suruga Bank Ltd. announced that it will issue 35,089,000 common shares at a price of ¥488 per share for gross proceeds of ¥17,123,432,000 on May 18, 2023. The transaction included participation from new investor, Saison Information Systems Co., Ltd. for 15.70% shares. The transaction is expected to complete from July 3, 2023 to September 29, 2023. The company will pay ¥254,890,000 as legal fees, advisory fees and document preparation costs such as securities registration statements.
お知らせ • May 19Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 35,000,000 shares, representing 18.58% for ¥22,000 million.Suruga Bank Ltd. (TSE:8358) announces a share repurchase program. Under the program, the company will repurchase 35,000,000 shares, representing 18.58% of its issued share capital for ¥22,000 million. The purpose of the program is implementing a capital policy that responds to changes in the environment and market environment. The program will expire on March 31, 2024. As of March 31, 2023, the company had 232,139,248 shares and 43,768,676 shares in treasury.
お知らせ • May 18Credit Saison Reportedly to Acquire Stake in Suruga BankCredit Saison Co., Ltd. (TSE:8253) plans to acquire a stake of around 15% in Suruga Bank Ltd. (TSE:8358), people familiar with the matter said 17 May 2023. The Japanese lender, for its part, will acquire a stake of about 5% in Credit Saison, the people said. The cross-shareholding deal comes as an effort by Nojima Corp, a Japanese electronics retailer, to help rebuild the struggling bank had fallen through.
Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥56.15 (vs JP¥34.73 in FY 2022)Full year 2023 results: EPS: JP¥56.15 (up from JP¥34.73 in FY 2022). Revenue: JP¥68.7b (down 1.4% from FY 2022). Net income: JP¥10.6b (up 33% from FY 2022). Profit margin: 15% (up from 11% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • May 13+ 3 more updatesSuruga Bank Ltd. Announces Dividend for the Year Ended March 31, 2023, Payable on June 6, 2023Suruga Bank Ltd. announced dividend for the year ended March 31, 2023, for the year, the company announced dividend of JPY 9.00 per share against JPY 6.00 per share a year ago, Payable on June 6, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥6.00 per share at 1.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 6.1% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.1%).
Reported Earnings • Feb 13Third quarter 2023 earnings released: EPS: JP¥23.84 (vs JP¥35.48 loss in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.84 (up from JP¥35.48 loss in 3Q 2022). Revenue: JP¥22.1b (up 226% from 3Q 2022). Net income: JP¥4.49b (up JP¥12.7b from 3Q 2022). Profit margin: 20% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.
お知らせ • Feb 09Suruga Bank Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Suruga Bank Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects ordinary revenues of ¥86,000 million, ordinary profit of ¥11,000 million, profit attributable to owners of parent of ¥9,000 million and basic earnings per share of ¥47.77.
お知らせ • Dec 22Suruga Bank Ltd. to Report Q3, 2023 Results on Feb 09, 2023Suruga Bank Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 7 non-independent directors. Outside Independent Director Yoriyuki Kusaki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥65.47 (vs JP¥65.85 in 2Q 2022)Second quarter 2023 results: EPS: JP¥65.47 (down from JP¥65.85 in 2Q 2022). Revenue: JP¥33.5b (up 3.8% from 2Q 2022). Net income: JP¥12.3b (down 19% from 2Q 2022). Profit margin: 37% (down from 47% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 13% per year.
お知らせ • Nov 12+ 1 more updateSuruga Bank Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Suruga Bank Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the year, the company expects dividend of ¥6.00 per share against ¥6.00 per share a year ago.
お知らせ • Sep 17Suruga Bank Ltd. to Report Q2, 2023 Results on Nov 11, 2022Suruga Bank Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥21.56 (vs JP¥11.01 in 1Q 2022)First quarter 2023 results: EPS: JP¥21.56 (up from JP¥11.01 in 1Q 2022). Revenue: JP¥20.3b (up 12% from 1Q 2022). Net income: JP¥4.06b (up 59% from 1Q 2022). Profit margin: 20% (up from 14% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Aug 11+ 1 more updateSuruga Bank Ltd. Provides Earnings Guidance for the Quarter Ending September 2022 and March 31, 2023Suruga Bank Ltd. provided earnings guidance for the quarter ending September 2022 and March 31, 2023. For the quarter, the company expects ordinary revenues of ¥45,500 million, ordinary profit of ¥12,000 million, profit attributable to owners of parent of ¥11,000 million and basic earnings per share of ¥58.41. For the quarter, the company expects ordinary revenues of ¥86,000 million, ordinary profit of ¥10,500 million, profit attributable to owners of parent of ¥9,000 million and basic earnings per share of ¥47.79.
お知らせ • Jun 25Suruga Bank Ltd. to Report Q1, 2023 Results on Aug 10, 2022Suruga Bank Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022
Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥34.73 (vs JP¥92.52 in FY 2021)Full year 2022 results: EPS: JP¥34.73 (down from JP¥92.52 in FY 2021). Revenue: JP¥69.7b (down 22% from FY 2021). Net income: JP¥7.96b (down 63% from FY 2021). Profit margin: 11% (down from 24% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 1.0% compared to a 13% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • May 15Suruga Bank Ltd., Annual General Meeting, Jun 29, 2022Suruga Bank Ltd., Annual General Meeting, Jun 29, 2022.
Board Change • Apr 28Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Outside Director Yoichi Namekata is the most experienced director on the board, commencing their role in 2019. Outside Independent Director Yoriyuki Kusaki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 08Suruga Bank Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Suruga Bank Ltd. announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 5.4% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.7%).
お知らせ • Mar 10Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 42,854 shares, for ¥17.44 million.Suruga Bank Ltd. (TSE:8358) announces a share repurchase program. Under the program, the company will repurchase 42,854 shares from Nojima Corporation at a price of ¥407 per share. The program will expire on March 9, 2022.
お知らせ • Feb 11+ 1 more updateSuruga Bank Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2022Suruga Bank Ltd. provided consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expects Ordinary revenues of JPY 87,000 million, Ordinary profit of JPY 8,000 million, profit attributable to owners of the company of JPY 7,000 million and basic earnings per share of JPY 30.21.
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: JP¥35.48 loss per share (down from JP¥16.98 profit in 3Q 2021). Revenue: JP¥16.9b (down 23% from 3Q 2021). Net loss: JP¥8.22b (down 309% from profit in 3Q 2021). Revenue missed analyst estimates by 1.6%. Over the next year, revenue is expected to shrink by 24% compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS JP¥65.85 (vs JP¥21.48 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥34.8b (up 35% from 2Q 2021). Net income: JP¥15.3b (up 207% from 2Q 2021). Profit margin: 44% (up from 19% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Executive Departure • Jul 06Independent Director Kiyoto Matsuda has left the companyOn the 28th of June, Kiyoto Matsuda's tenure as Independent Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Kiyoto's name. Kiyoto is the only executive to leave the company over the last 12 months.
お知らせ • May 16+ 1 more updateSuruga Bank Ltd. Provides Year End Dividend Guidance for the Fiscal Year Ending March 2022Suruga Bank Ltd. provided year end dividend guidance for the fiscal year ending March 2022. For the year, the company expects year end dividend of JPY 5.00 per share.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 12 June 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.9%).
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥3.52, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Banks industry in Europe. Total returns to shareholders of 23% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.38 per share.
Is New 90 Day High Low • Mar 10New 90-day high: €2.90The company is up 13% from its price of €2.56 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.59 per share.
Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥16.98 (vs JP¥15.03 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥31.9b (up 26% from 3Q 2020). Net income: JP¥3.93b (up 13% from 3Q 2020). Profit margin: 12% (down from 14% in 3Q 2020).
Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 26%. Over the next year, revenue is expected to shrink by 24% compared to a 25% growth forecast for the Banks industry in Germany.
Is New 90 Day High Low • Jan 30New 90-day low: €2.36The company is down 13% from its price of €2.72 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.60 per share.
お知らせ • Jan 28Suruga Bank Ltd.(TSE:8358) dropped from FTSE All-World Index (USD)Suruga Bank Ltd.(TSE:8358) dropped from FTSE All-World Index (USD)
Is New 90 Day High Low • Dec 23New 90-day low: €2.40The company is down 21% from its price of €3.04 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.06 per share.
お知らせ • Dec 19Suruga Bank Ltd. to Report Q3, 2021 Results on Feb 12, 2021Suruga Bank Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021
Is New 90 Day High Low • Dec 01New 90-day low: €2.54The company is down 13% from its price of €2.92 on 02 September 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.06 per share.
Reported Earnings • Nov 15Second quarter 2021 earnings released: EPS JP¥21.48The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥33.7b (up 10.0% from 2Q 2020). Net income: JP¥4.98b (down 59% from 2Q 2020). Profit margin: 15% (down from 40% in 2Q 2020). The decrease in margin was driven by higher expenses.
Is New 90 Day High Low • Oct 21New 90-day low: €2.72The company is down 7.0% from its price of €2.94 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.45 per share.
お知らせ • Oct 10Suruga Bank Ltd. to Report Q2, 2021 Results on Nov 13, 2020Suruga Bank Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020
お知らせ • Sep 23Suruga Bank Ltd.(TSE:8358) dropped from S&P Japan 500Suruga Bank Ltd.(TSE:8358) dropped from S&P Japan 500
お知らせ • Jul 30Nojima Corporation (TSE:7419) completed the acquisition of an additional 13.52% stake in Suruga Bank Ltd. (TSE:8358) from SG Investments, Ltd., Suruga Sogo Hoken K.K., S.G. Asset Company, Mitsuyoshi Okano and the other Okano founding family members.Nojima Corporation (TSE:7419) agreed to acquire an additional 13.52% stake in Suruga Bank Ltd. (TSE:8358) from SG Investments, Ltd., Suruga Sogo Hoken K.K., S.G. Asset Company, Mitsuyoshi Okano and the other Okano founding family members for approximately ¥14.1 billion on October 25, 2019. Nojima Corporation will acquire 31.3 million shares of Suruga Bank Ltd. After the transaction, Nojima Corporation will hold 18.52% stake in Suruga Bank Ltd. The transaction is expected to be completed on October 29, 2019. The proceeds from the share sale will go toward repaying debts owed to the bank by companies linked to the Okano family. Nojima Corporation (TSE:7419) completed the acquisition of an additional 13.52% stake in Suruga Bank Ltd. (TSE:8358) from SG Investments, Ltd., Suruga Sogo Hoken K.K., S.G. Asset Company, Mitsuyoshi Okano and the other Okano founding family members on October 29, 2019.
お知らせ • Jun 20Suruga Bank Ltd. to Report Q1, 2021 Results on Aug 14, 2020Suruga Bank Ltd. announced that they will report Q1, 2021 results on Aug 14, 2020
