Suruga Bank (OTCMKTS:SUGBY) Announces Earnings Results

Suruga Bank (OTCMKTS:SUGBY) posted its quarterly earnings data on Thursday. The company reported $2.71 earnings per share for the quarter, Zacks reports. Suruga Bank had a net margin of 18.59% and a return on equity of 5.74%.

Suruga Bank Stock Performance

OTCMKTS:SUGBY remained flat at $72.20 during midday trading on Friday. The business’s 50 day moving average price is $72.20 and its 200-day moving average price is $71.92. Suruga Bank has a 1-year low of $45.82 and a 1-year high of $72.20. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 12.62 and a beta of -0.04.

About Suruga Bank

Suruga Bank Ltd. provides various banking and financial products and services to individuals and corporate customers in Japan. The company offers deposit products, such as time, ordinary, savings, foreign currency, and other deposits, as well as current and general accounts; card, housing, second house, startup, and business up term loans, as well as loans by purpose; credit and debit cards; overdrafts; and other financing products.