Suruga Bank (OTCMKTS:SUGBY) Posts Quarterly Earnings Results

Suruga Bank (OTCMKTS:SUGBY) released its quarterly earnings results on Thursday. The company reported $2.71 earnings per share for the quarter, Zacks reports. Suruga Bank had a return on equity of 5.74% and a net margin of 18.59%.

Suruga Bank Stock Performance

Shares of OTCMKTS:SUGBY remained flat at $72.20 during midday trading on Friday. The firm’s 50-day moving average is $72.20 and its 200-day moving average is $71.92. Suruga Bank has a 1 year low of $45.82 and a 1 year high of $72.20. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 12.62 and a beta of -0.04.

Suruga Bank Company Profile

Suruga Bank Ltd. provides various banking and financial products and services to individuals and corporate customers in Japan. The company offers deposit products, such as time, ordinary, savings, foreign currency, and other deposits, as well as current and general accounts; card, housing, second house, startup, and business up term loans, as well as loans by purpose; credit and debit cards; overdrafts; and other financing products.