Suruga Bank (OTCMKTS:SUGBY – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $4.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $2.83, Zacks reports. Suruga Bank had a return on equity of 9.01% and a net margin of 27.03%.
Suruga Bank Price Performance
OTCMKTS:SUGBY remained flat at $80.02 during mid-day trading on Thursday. The stock has a fifty day simple moving average of $80.02 and a two-hundred day simple moving average of $80.02. Suruga Bank has a 52-week low of $45.82 and a 52-week high of $80.02. The firm has a market cap of $1.37 billion, a PE ratio of 8.20 and a beta of -0.03.
Suruga Bank Company Profile
Suruga Bank Ltd. is a regional financial institution headquartered in Shizuoka City, Shizuoka Prefecture, Japan. Established in the mid-20th century, the bank has built a reputation for serving both individual and corporate customers in its home region and beyond. As a member of Concordia Financial Group, Suruga Bank leverages group-wide resources to enhance its product offerings and operational capabilities.
The bank’s core business activities encompass a broad range of commercial and retail banking services.
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