JAPAN POST BANK Full Year 2024 Earnings: Beats Expectations

JAPAN POST BANK (TSE:7182) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥1.95t (up 22% from FY 2023).
• Net income: JP¥356.1b (up 9.6% from FY 2023).
• Profit margin: 18% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥98.43 (up from JP¥86.85 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

JAPAN POST BANK Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 5.4%.

Looking ahead, revenue is expected to fall by 12% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Banks industry in Japan.

Performance of the Japanese Banks industry.

The company's shares are down 3.0% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for JAPAN POST BANK that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.