tiprankstipranks
Trending News
More News >

Rakuten Bank Increases Profit Forecast Amid Strong Growth

Rakuten Bank Increases Profit Forecast Amid Strong Growth

Rakuten Bank, Ltd. (JP:5838) has released an update.

Confident Investing Starts Here:

Rakuten Bank has revised its financial forecasts for the fiscal year ending March 31, 2025, expecting higher ordinary income and profit due to increased interest income and improved management efficiency. The bank now anticipates a 22.3% rise in profit attributable to owners compared to previous projections. This reflects a positive trend in Rakuten Bank’s operations.

For further insights into JP:5838 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App