TSE:8308Banks
Resona Holdings (TSE:8308) Eyes Growth with Earnings Surge and Corporate Lending Expansion
Resona Holdings (TSE:8308) has recently demonstrated strong financial performance, achieving a consolidated bottom line of ¥114.2 billion and prompting an upward revision of earnings targets to ¥175 billion, with a potential target of ¥190 billion. This success is attributed to strategic expansions in top-line income and fee income growth, alongside a noteworthy improvement in the cost/income ratio. However, challenges such as a relatively low Return on Equity and anticipated revenue declines...