The Kiyo Bank (TYO:8370) has raised its full-year consolidated attributable profit forecast by 21% to 17.6 billion yen for fiscal 2025, from 14.5 billion yen earlier, citing better-than-expected net interest income and reduced credit costs.
The upward revision also reflects a higher ordinary income of 98.7 billion yen initially for the fiscal year ended March 31.
The improved outlook follows stronger fee-based revenue and improved asset quality, exceeding previous expectations.
The Kiyo Bank's shares shed nearly 3% at market close.
Price (JPY): $2294.00, Change: $-63, Percent Change: -2.67%
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