Suruga Bank (SUGBY) Projected to Post Quarterly Earnings on Thursday

Suruga Bank (OTCMKTS:SUGBYGet Free Report) is expected to post its results after the market closes on Thursday, August 6th. Analysts expect Suruga Bank to post earnings of $2.76 per share and revenue of $16.9628 billion for the quarter.

Suruga Bank (OTCMKTS:SUGBYGet Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported $4.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $2.83. The company had revenue of $190.14 million during the quarter, compared to analyst estimates of $113.95 million. Suruga Bank had a net margin of 33.98% and a return on equity of 11.18%.

Suruga Bank Price Performance

Suruga Bank stock opened at $80.02 on Tuesday. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 6.10 and a beta of -0.02. The firm has a 50-day moving average of $80.02 and a two-hundred day moving average of $80.02. Suruga Bank has a 1 year low of $45.82 and a 1 year high of $80.02.

Suruga Bank Company Profile

(Get Free Report)

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.

Featured Stories

Earnings History for Suruga Bank (OTCMKTS:SUGBY)

Receive News & Ratings for Suruga Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suruga Bank and related companies with MarketBeat.com's FREE daily email newsletter.