Suruga Bank (OTCMKTS:SUGBY – Get Free Report) released its quarterly earnings results on Thursday. The company reported $5.76 EPS for the quarter, beating analysts’ consensus estimates of $4.18 by $1.58, Zacks reports. Suruga Bank had a return on equity of 13.65% and a net margin of 38.48%.
Suruga Bank Stock Performance
Shares of OTCMKTS:SUGBY remained flat at $176.76 on Thursday. Suruga Bank has a 52-week low of $172.63 and a 52-week high of $197.17. The firm has a market cap of $3.04 billion, a P/E ratio of 10.88 and a beta of -0.18. The business has a 50-day moving average price of $144.52 and a 200 day moving average price of $96.15.
Suruga Bank Company Profile
Suruga Bank, Ltd. is a Japanese regional financial institution headquartered in Numazu, Shizuoka Prefecture. The bank provides retail banking services to individuals and businesses, including deposit accounts, lending, mortgages, consumer finance, investment trusts, insurance-related products, credit cards and electronic banking services. Suruga Bank primarily serves customers in Shizuoka Prefecture and surrounding areas, with additional operations in selected parts of the greater Tokyo region. Its business is focused on relationship-based banking, residential and investment-property lending, small-business finance and other financial services delivered through branches and digital channels.
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