Hachijuni Nagano Bank (8359) Q4 2026 earnings summary

Executive summary

• Achieved record consolidated ordinary profit of ¥81.5bn and profit attributable to owners of parent of ¥64.6bn, both up significantly year-over-year.

• Ordinary income rose 20.1% year-over-year to ¥305.4bn, driven by higher interest and other ordinary income.

• Growth driven by higher profit on interest, gains on stocks, and increased fees and commissions.

• Merger with Nagano Bank effective January 1, 2026, contributed to expanded business scale and a ¥5.7bn gain on extinguishment of tie-in shares.

Financial highlights

• Consolidated gross business profit rose to ¥128.0bn, up ¥14.7bn year-over-year.

• Total assets at March 31, 2026, were ¥13,554.5bn, up ¥39.1bn from the prior year.

• Loans and bills discounted rose by ¥250.3bn to ¥6,711.9bn; deposits increased to ¥9,552.0bn.

• Profit on interest increased by ¥12.4bn to ¥116.7bn; fees and commissions up ¥2.5bn to ¥20.3bn.

• Basic earnings per share were ¥141.18, up from ¥101.23 year-over-year.

Outlook and guidance

• FY2026 forecast: consolidated ordinary profit expected to reach ¥106.0bn, net income ¥73.0bn.

• Basic earnings per share forecast for FY2027 is ¥160.60.

• Dividend payout ratio target set at 40% or higher, with ongoing share buybacks.