Suruga Bank (OTCMKTS:SUGBY – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $4.00 earnings per share 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
Shares of OTCMKTS SUGBY remained flat at $80.02 during trading hours on Thursday. Suruga Bank has a 1 year low of $45.82 and a 1 year high of $80.02. The stock has a market cap of $1.37 billion, a P/E ratio of 8.20 and a beta of -0.03. The firm has a 50 day simple moving average of $80.02 and a two-hundred day simple 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.
Read More
- Five stocks we like better than Suruga Bank
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
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.
