Fukuoka Financial Group, Inc. (TYO: 8354)

Fukuoka Financial Group Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	192,948	180,640	162,585	147,715	148,706	155,346
Interest Income on Investments	139,079	128,005	66,685	43,779	38,761	44,795
Total Interest Income	332,027	308,645	229,270	191,494	187,467	200,141
Interest Paid on Deposits	26,718	13,255	5,928	980	1,304	5,265
Interest Paid on Borrowings	94,181	94,181	39,278	9,297	11,314	20,564
Total Interest Expense	120,899	107,436	45,206	10,277	12,618	25,829
Net Interest Income	211,128	201,209	184,064	181,217	174,849	174,312
Net Interest Income Growth (YoY)	11.04%	9.31%	1.57%	3.64%	0.31%	11.90%
Trust Income	105	105	-	-	-	-
Income From Trading Activities	134	160	652	1,204	758	344
Gain (Loss) on Sale of Assets	1,494	-72	-	-	-415	-388
Gain (Loss) on Sale of Investments	10,701	4,817	7,412	10,164	4,798	6,589
Other Non-Interest Income	91,641	91,016	94,160	77,744	80,064	76,112
Total Non-Interest Income	104,075	96,026	102,224	89,112	85,205	82,657
Non-Interest Income Growth (YoY)	2.13%	-6.06%	14.71%	4.59%	3.08%	21.50%
Revenues Before Loan Losses	315,203	297,235	286,288	270,329	260,054	256,969
Provision for Loan Losses	14,608	23,036	-	-	1,550	66,774
Revenue	300,595	274,199	286,288	270,329	258,504	190,195
Revenue Growth (YoY)	5.38%	-4.22%	5.90%	4.57%	35.92%	-12.07%
Selling, General & Administrative	155,062	150,918	140,677	141,978	150,284	154,951
Other Non-Interest Expense	75,925	66,416	95,985	53,191	48,209	40,882
Total Non-Interest Expense	230,987	217,334	236,662	195,169	198,493	195,833
EBT Excluding Unusual Items	69,608	56,865	49,626	75,160	60,011	-5,638
Asset Writedown	-602	-633	-4,388	-	-678	-3,414
Other Unusual Items	20,907	21,258	-	-	-3	117,284
Pretax Income	89,913	77,490	45,238	75,160	59,330	108,232
Income Tax Expense	19,761	16,246	13,954	21,004	14,743	-2,353
Earnings From Continuing Operations	70,152	61,244	31,284	54,156	44,587	110,585
Minority Interest in Earnings	-81	-66	-132	-38	60	22
Net Income	70,071	61,178	31,152	54,118	44,647	110,607
Net Income to Common	70,071	61,178	31,152	54,118	44,647	110,607
Net Income Growth	128.40%	96.39%	-42.44%	21.21%	-59.63%	114.15%
Basic Shares Outstanding	189	188	188	190	190	190
Diluted Shares Outstanding	189	188	188	190	190	190
Shares Change (YoY)	0.72%	0.10%	-1.00%	-0.00%	-0.00%	10.68%
EPS (Basic)	370.64	324.77	165.54	284.69	234.86	581.83
EPS (Diluted)	370.64	324.77	165.54	284.69	234.86	581.83
EPS Growth	126.77%	96.19%	-41.85%	21.22%	-59.63%	93.48%
Dividend Per Share	122.500	115.000	105.000	-	85.000	85.000
Dividend Growth	11.36%	9.52%	-	-	0%	0%
Effective Tax Rate	21.98%	20.97%	30.85%	27.95%	24.85%	-

Source: S&P Capital IQ. Banks template. Financial Sources.