KK Kyoto Financial Group
5844
ISIN JP3252200005 / Valor 127723633
KK Kyoto Financial Group
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About company
KK Kyoto Financial Group is a Japanese financial services company that provides banking, insurance, and investment solutions.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (13.06.2024):
Q1 FY2023 Net Income Growth
KK Kyoto Financial Group reported a notable increase in net income for the first quarter of FY2023. The consolidated net income attributable to owners of the parent rose to JPY 31.5 billion, marking a year-over-year increase of JPY 4.3 billion. This growth reflects higher contributions from both Kyoto Bank and other group companies.
Q1 FY2023 Revenue Details
For the first quarter of FY2023, KK Kyoto Financial Group saw its gross operating profit increase to JPY 97.2 billion, up by JPY 3.7 billion from the previous year. The ordinary profit also rose significantly, reaching JPY 43.5 billion, which is a JPY 5.4 billion increase compared to FY2022.
Interest Income Performance
In Q1 FY2023, KK Kyoto Financial Group's Kyoto Bank non-consolidated net interest income showed positive dynamics, increasing to JPY 79.8 billion. This was primarily driven by a rise in interest income from loans, despite a slight decrease in bond-related income.
Net Fees and Commissions
The net fees and commissions for Kyoto Bank, a part of KK Kyoto Financial Group, experienced growth in Q1 FY2023, reaching JPY 13.1 billion. This represents an increase from the previous year, driven by higher earnings from syndicated loans, M&A, and business matching services.
Outlook for FY2024
Looking ahead to FY2024, KK Kyoto Financial Group anticipates both its group consolidated and Kyoto Bank non-consolidated profits to reach record highs. The forecast for the group's consolidated ordinary profit is set at JPY 46.2 billion, and the net income attributable to owners of the parent is expected to be JPY 33.0 billion.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4413 M
Market cap (USD)
524,200
Daily traded volume (Shares)
2309.5 / 2277
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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