Suruga Bank (OTCMKTS:SUGBY – Get Free Report) issued its quarterly earnings data on Monday. The company reported $5.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $2.46, Zacks reports. Suruga Bank had a net margin of 38.48% and a return on equity of 13.68%. The business had revenue of $234.94 million for the quarter, compared to the consensus estimate of $16.96 billion.
Suruga Bank Price Performance
SUGBY stock opened at $80.02 on Wednesday. Suruga Bank has a 1 year low of $45.82 and a 1 year high of $80.02. The company has a market cap of $1.38 billion, a P/E ratio of 4.93 and a beta of -0.02. The firm has a 50-day moving average of $80.02 and a 200 day moving average of $80.02.
About Suruga Bank
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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