HACHIJUNI NAGANO BANK (8359) Q2 2026 earnings summary

Executive summary

• Ordinary income rose 18.3% year-over-year to ¥136.2bn, with ordinary profit up 57.0% to ¥41.9bn and profit attributable to owners of parent up 52.5% to ¥29.8bn for the six months ended September 30, 2025.

• Growth was driven by higher interest income on loans, gains on equity securities, and improved fee income, despite increased deposit interest expenses and administrative costs.

• The bank revised its full-year forecast upward, reflecting strong interim results.

Financial highlights

• Consolidated gross business profit increased by ¥13.3bn year-over-year to ¥72.5bn; profit on interest rose by ¥8.2bn to ¥58.6bn.

• Net assets increased by ¥73.4bn from March 2025 to ¥1,041.1bn; capital adequacy ratio improved to 7.6%.

• Loans and bills discounted grew by ¥45.0bn to ¥6,506.6bn; securities holdings increased by ¥55.2bn to ¥3,461.9bn.

• Deposits decreased by ¥49.7bn to ¥9,499.6bn.

• Basic EPS for the period was ¥64.75, up from ¥40.64 a year earlier.

• Comprehensive income swung from a loss of ¥23.4bn to a gain of ¥93.0bn, mainly due to valuation gains on securities.

Outlook and guidance

• Full-year consolidated ordinary profit forecast raised to ¥76.0bn (up 19.0% YoY), with profit attributable to owners of parent forecast at ¥55.0bn (up 14.6% YoY).

• Basic EPS for the full year is projected at ¥120.35.

• Dividend forecast for FY2025 raised to ¥50.00 per share, including a ¥5.00 commemorative dividend.