Suruga Bank Ltd.

TSE:8358 Stock Report

Market Cap: JP¥210.6b

Suruga Bank Past Earnings Performance

Past criteria checks 4/6

Suruga Bank's earnings have been declining at an average annual rate of -14.6%, while the Banks industry saw earnings growing at 7.3% annually. Revenues have been declining at an average rate of 10.8% per year. Suruga Bank's return on equity is 5.7%, and it has net margins of 23.2%.

Key information

-14.6%

Earnings growth rate

-10.5%

EPS growth rate

Banks Industry Growth4.1%
Revenue growth rate-10.8%
Return on equity5.7%
Net Margin23.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Suruga Bank's (TSE:8358) Dividend Will Be ¥14.50

Dec 25
Suruga Bank's (TSE:8358) Dividend Will Be ¥14.50

Suruga Bank (TSE:8358) Will Pay A Dividend Of ¥14.50

Dec 11
Suruga Bank (TSE:8358) Will Pay A Dividend Of ¥14.50

Suruga Bank's (TSE:8358) Dividend Will Be ¥11.00

Sep 18
Suruga Bank's (TSE:8358) Dividend Will Be ¥11.00

Suruga Bank (TSE:8358) Will Pay A Dividend Of ¥11.00

Aug 27
Suruga Bank (TSE:8358) Will Pay A Dividend Of ¥11.00

Suruga Bank (TSE:8358) Is Due To Pay A Dividend Of ¥11.00

Aug 13
Suruga Bank (TSE:8358) Is Due To Pay A Dividend Of ¥11.00

Revenue & Expenses Breakdown

How Suruga Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:8358 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2472,78716,87037,0260
30 Jun 2477,13318,67537,4010
31 Mar 2473,15615,37538,0130
31 Dec 2360,2773,19237,9550
30 Sep 2358,7853,77438,1080
30 Jun 2369,02310,02638,6230
31 Mar 2368,70910,57638,3480
31 Dec 2280,92619,25739,7610
30 Sep 2268,9146,54640,0960
30 Jun 2269,8379,47040,7200
31 Mar 2269,6997,96041,1860
31 Dec 2182,47421,60141,4640
30 Sep 2197,61933,75642,3020
30 Jun 2191,18923,47642,6790
31 Mar 2189,61221,43343,4940
31 Dec 2095,86915,28644,7900
30 Sep 2099,34614,83445,3240
30 Jun 20104,09621,98446,3380
31 Mar 20112,17825,32447,5590
31 Dec 19104,13618,47348,3860
30 Sep 19103,01119,61149,8550
30 Jun 19-434-96,45950,7050
31 Mar 19-1,773-97,14651,3260
31 Dec 18-46,969-123,89351,1900
30 Sep 18-32,946-114,96551,2510
30 Jun 1874,261-58351,7630
31 Mar 1885,5786,98851,9450
31 Dec 17138,69045,62051,7940
30 Sep 17135,19944,57651,8560
30 Jun 17133,94544,45751,5300
31 Mar 17130,83342,62751,5000
31 Dec 16131,78440,25251,3290
30 Sep 16128,12636,94750,5900
30 Jun 16127,73035,89749,9230
31 Mar 16128,46036,71748,9400
31 Dec 15128,25637,05648,2200
30 Sep 15127,38036,51048,2620
30 Jun 15125,81735,67648,2900
31 Mar 15121,46032,89148,3720
31 Dec 14119,49230,77049,2540
30 Sep 14116,94129,13148,7980
30 Jun 14114,61028,39547,4430
31 Mar 14113,00727,60746,6380

Quality Earnings: 8358 has high quality earnings.

Growing Profit Margin: 8358's current net profit margins (23.2%) are higher than last year (6.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 8358's earnings have declined by 14.6% per year over the past 5 years.

Accelerating Growth: 8358's earnings growth over the past year (347%) exceeds its 5-year average (-14.6% per year).

Earnings vs Industry: 8358 earnings growth over the past year (347%) exceeded the Banks industry 22.6%.

Return on Equity

High ROE: 8358's Return on Equity (5.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 04:54
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Suruga Bank Ltd. is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shinichi TamuraBarclays
Shinichiro NakamuraBofA Global Research
J. WaterhouseCLSA