The Gunma Bank, Ltd. Provides Consolidated and Non Consolidated Earnings Guidance for the Quarter Ending March 31, 2020
November 05, 2020 at 01:30 am
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The Gunma Bank, Ltd. provided consolidated and non consolidated earnings guidance for the quarter ending March 31, 2020. For the period, on consolidated basis, the company expects ordinary profit of JPY 28,500 million, profit attributable to owners of parent of JPY 20,500 million and basic earnings per share of JPY 48.80.
For the period, on non-consolidated basis, the company expects ordinary profit of JPY 25,000 million, profit of JPY 18,000 million and basic earnings per share of JPY 42.85.
Gunma Bank Ltd is a Japan-based regional bank that operates in two business segments. The Banking Business segment is engaged in deposit and lending operations as well as securities investment, domestic and foreign exchange, over-the-counter sales of public bonds, investment trusts, and insurance products, and trust services, to provide financial products and services to local customers. The segment is also engaged in lending and other banking services. The Leasing segment is engaged in the provision of financial services, including leasing services, mainly to customers in the local community. The Company is also engaged in transportation of goods, maintenance of automated teller machines, securities, guarantees, management consulting, and fund formation and management.