Resona Holdings Inc
8308: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%vY | LOCK|GlX | LOCK|pRb@wHx |
Resona Earnings: Impressive Quarter; Raising Fair Value by 7%
Japanese regional bank Resona's September-quarter net interest income is up 53% year on year. Coupled with share sale gains and contained costs, the cumulative six-month net profit is up 29% to JPY 142.8 billion. The bank is leaving its full-year net profit guidance at JPY 240 billion.
