Hokuhoku Financial Group, Inc. (TYO: 8377)

Hokuhoku 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	91,944	84,624	83,070	82,579	84,053	85,024
Interest Income on Investments	25,439	22,035	26,043	22,219	20,449	24,213
Total Interest Income	117,383	106,659	109,113	104,798	104,502	109,237
Interest Paid on Deposits	4,607	1,020	877	437	625	1,049
Interest Paid on Borrowings	12,606	12,606	8,748	1,048	1,138	3,346
Total Interest Expense	17,213	13,626	9,625	1,485	1,763	4,395
Net Interest Income	100,170	93,033	99,488	103,313	102,739	104,842
Net Interest Income Growth (YoY)	6.32%	-6.49%	-3.70%	0.56%	-2.01%	-2.06%
Trust Income	21	26	30	36	42	6
Income From Trading Activities	1,357	1,054	860	1,627	1,625	1,270
Gain (Loss) on Sale of Assets	-782	-406	-363	-523	-403	-174
Gain (Loss) on Sale of Investments	15,363	17,079	10,296	2,049	5,087	-2,266
Other Non-Interest Income	55,038	60,461	59,858	61,552	60,182	66,092
Total Non-Interest Income	70,997	78,214	70,681	64,741	66,533	64,928
Non-Interest Income Growth (YoY)	-6.73%	10.66%	9.18%	-2.69%	2.47%	0.98%
Revenues Before Loan Losses	171,167	171,247	170,169	168,054	169,272	169,770
Provision for Loan Losses	2,190	317	1,155	13,374	13,281	11,921
Revenue	168,977	170,930	169,014	154,680	155,991	157,849
Revenue Growth (YoY)	-3.92%	1.13%	9.27%	-0.84%	-1.18%	-4.48%
Selling, General & Administrative	87,924	87,772	83,683	87,273	91,511	94,962
Other Non-Interest Expense	47,118	60,287	59,302	37,651	32,660	31,377
Total Non-Interest Expense	135,042	148,059	142,985	124,924	124,171	126,339
EBT Excluding Unusual Items	33,935	22,871	26,029	29,756	31,820	31,510
Asset Writedown	-747	-416	-286	-414	-685	-915
Other Unusual Items	713	3,343	-13	3,889	41	-3
Pretax Income	33,901	25,798	25,730	33,231	31,176	30,592
Income Tax Expense	8,016	2,507	4,174	12,547	9,579	10,199
Earnings From Continuing Operations	25,885	23,291	21,556	20,684	21,597	20,393
Minority Interest in Earnings	-327	-243	-121	-158	-263	-141
Net Income	25,558	23,048	21,435	20,526	21,334	20,252
Preferred Dividends & Other Adjustments	403	886	1,047	1,208	1,369	1,530
Net Income to Common	25,155	22,162	20,388	19,318	19,965	18,722
Net Income Growth	-9.44%	7.53%	4.43%	-3.79%	5.34%	-16.86%
Basic Shares Outstanding	124	125	128	131	131	131
Diluted Shares Outstanding	126	126	129	131	132	131
Shares Change (YoY)	-1.23%	-2.18%	-2.23%	-0.12%	0.10%	0.07%
EPS (Basic)	202.86	176.99	159.19	147.47	152.17	142.75
EPS (Diluted)	199.82	176.28	158.63	146.95	151.68	142.37
EPS Growth	-6.55%	11.13%	7.95%	-3.12%	6.54%	-17.76%
Dividend Per Share	40.000	40.000	37.000	35.000	35.000	40.000
Dividend Growth	8.11%	8.11%	5.71%	0%	-12.50%	-9.09%
Effective Tax Rate	23.65%	9.72%	16.22%	37.76%	30.73%	33.34%

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