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Towa Bank Reports Decline in Financial Performance for 2024

Story Highlights

An announcement from Towa Bank, Ltd. ( (JP:8558) ) is now available.

Towa Bank, Ltd. reported a slight decline in its financial performance for the nine months ending December 31, 2024, with ordinary income decreasing by 0.2% and a significant drop in profit attributable to owners of the parent by 30.8% compared to the previous year. The bank’s equity ratio and capital adequacy ratio also saw reductions, indicating potential financial challenges that may impact its operations and stakeholder interests.

More about Towa Bank, Ltd.

Towa Bank, Ltd. operates within the financial services industry, primarily focused on offering banking services. The company is publicly listed on the Tokyo Stock Exchange.

YTD Price Performance: 2.18%

Average Trading Volume: 88,484

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen24.17B

See more data about 8558 stock on TipRanks’ Stock Analysis page.

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