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Shimizu Bank Exceeds Financial Forecasts for First Half of Fiscal Year

Story Highlights
  • Shimizu Bank’s actual financial results surpassed forecasts due to higher income and lower costs.
  • Despite exceeding forecasts, Shimizu Bank maintains its full-year financial outlook.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shimizu Bank Exceeds Financial Forecasts for First Half of Fiscal Year

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Shimizu Bank, Ltd. ( (JP:8364) ) just unveiled an announcement.

The Shimizu Bank, Ltd. reported a significant positive variance between its forecasted and actual financial results for the first half of the fiscal year ending March 31, 2026. The bank’s actual ordinary income, profit, and earnings per share exceeded expectations due to higher net interest income and lower expenses and credit-related costs. Despite these favorable results, the bank has decided to maintain its full-year financial forecast, citing current economic conditions.

The most recent analyst rating on (JP:8364) stock is a Hold with a Yen2262.00 price target. To see the full list of analyst forecasts on Shimizu Bank, Ltd. stock, see the JP:8364 Stock Forecast page.

More about Shimizu Bank, Ltd.

The Shimizu Bank, Ltd. operates in the financial services industry, providing banking services and products. It is a publicly traded company listed on the Tokyo Stock Exchange under the securities code 8364.

Average Trading Volume: 40,899

Technical Sentiment Signal: Buy

Current Market Cap: Yen23.63B

Learn more about 8364 stock on TipRanks’ Stock Analysis page.

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