Resona Holdings Inc

8308: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Resona Earnings: We Lift Fair Value Estimate by 3% on Additional Buyback News; Shares Overvalued

Michael Makdad

Nov 13, 2024

Resona Holdings reported interim earnings of JPY 114 billion (69% of JPY 165 billion guidance for the year ending March), raised its full-year guidance to JPY 175 billion, and announced a second JPY 20 billion buyback (0.7% of shares outstanding), bringing its full-year buyback to JPY 40 billion.

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Resona Holdings Inc

Resona Earnings: We Lift Fair Value Estimate by 3% on Additional Buyback News; Shares Overvalued

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