The Chiba Bank (8331) Q1 2026 earnings summary

Executive summary

• Achieved record high non-consolidated net income for Q1 and fifth consecutive quarter of increased consolidated net income year-over-year.

• Ordinary income rose to ¥102.8 billion, up 16.7% year-over-year, driven by higher interest income.

• Ordinary profit increased to ¥31.1 billion, up ¥2.3 billion from the previous year; net income attributable to owners was ¥21.8 billion, up ¥1.8 billion.

• The economic environment showed moderate recovery, with improvements in employment and income, despite ongoing uncertainties.

Financial highlights

• Consolidated net interest income increased by ¥6.2B year-over-year to ¥45.4B, driven by higher loan yields and balances.

• Consolidated ordinary profit rose by ¥2.3B to ¥31.0B, and profit attributable to owners of parent increased by ¥1.7B to ¥21.7B year-over-year.

• Balance of loans at term-end grew 5.0% year-over-year, with domestic operations up 3.0% and overseas up 9.3%.

• Non-performing loan ratio (consolidated) was 0.86%, down 0.04 percentage points from March 2025.

• G&A expenses increased by ¥2.1B year-over-year, with OHR rising slightly to 45.65% on a consolidated basis.

Outlook and guidance

• FY2025 plan targets ordinary profit of ¥124.3B and profit attributable to owners of parent of ¥85.0B, with progress rates near 25% after Q1.

• No changes to the previously announced earnings forecast; actual results may differ due to various factors.

• Interest rate rise simulations indicate further profit upside if BOJ policy rates increase to 1.0% by July 2026.