Suruga Bank (OTCMKTS:SUGBY – Get Free Report) released its quarterly earnings results on Monday. The company reported $5.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.76 by $2.46, Zacks reports. Suruga Bank had a net margin of 33.98% and a return on equity of 11.18%.
Suruga Bank Stock Performance
OTCMKTS SUGBY opened at $80.02 on Monday. The company 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 12-month low of $45.82 and a 12-month high of $80.02. The stock has a market cap of $1.38 billion, a P/E ratio of 6.10 and a beta of -0.02.
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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