Hachijuni Nagano Bank (8359) Q2 2027 earnings summary

Executive summary

• H1 FY2027 ordinary income rose 32.8% YoY to ¥180.959bn; ordinary profit increased 44.0% to ¥60.408bn and profit attributable to owners of parent grew 34.6% to ¥40.087bn.

• Net assets increased ¥4.9bn from FY-end to ¥1,161.159bn, while total assets fell ¥1,043.1bn to ¥12,511.361bn, mainly on lower Bank of Japan deposits.

Financial highlights

• Ordinary expenses rose ¥26.324bn YoY to ¥120.550bn; interest expenses increased to ¥31.441bn and other ordinary expenses to ¥46.874bn.

• Interest income rose to ¥98.285bn from ¥84.631bn; interest on loans and discounts increased to ¥51.928bn from ¥41.483bn.

• Comprehensive income was ¥25.822bn, down from ¥92.950bn, as available-for-sale securities valuation differences swung to a ¥32.459bn loss.

Outlook and guidance

• FY2027 consolidated forecast revised upward: ordinary profit to ¥119bn from ¥106bn and profit attributable to owners of parent to ¥80bn from ¥73bn.

• Non-consolidated FY2027 forecast raised to ¥114bn ordinary profit from ¥101bn and ¥77bn profit from ¥70bn.

• Forecast basic EPS is ¥176.12 consolidated and ¥169.51 non-consolidated; actual results may differ materially from forecasts.