Shares of Suruga Bank Ltd. (OTCMKTS:SUGBY – Get Free Report) saw unusually-high trading volume on Friday. Approximately 1 shares were traded during trading, an increase of ∞ from the previous session’s volume of 0 shares. The stock last traded at $193.80 and had previously closed at $193.80.
Suruga Bank Price Performance
The stock has a market capitalization of $3.34 billion, a price-to-earnings ratio of 11.93 and a beta of -0.03. The business’s fifty day moving average price is $84.54 and its 200-day moving average price is $81.61.
Suruga Bank (OTCMKTS:SUGBY – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $5.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $2.46. The business had revenue of $234.94 million during the quarter, compared to the consensus estimate of $16.96 billion. Suruga Bank had a return on equity of 13.65% and a net margin of 38.48%.
About Suruga Bank
Suruga Bank Ltd. is a regional financial institution headquartered in Numazu, Shizuoka Prefecture, Japan. The bank provides banking and financial services primarily to individuals, small businesses and local communities in Shizuoka Prefecture and neighboring areas, including parts of the greater Tokyo region.
Its services include deposit accounts, residential and other consumer lending, business loans, foreign-exchange services, investment trusts and internet banking. Suruga Bank has also developed a reputation for focusing on retail banking and specialized lending products, supported by branch-based and digital delivery channels.
The bank traces its origins to 1895 and has operated for more than a century as a community-oriented Japanese bank.
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