Hachijuni Bank boosts dividend, forecasts merger amid strong results

The Hachijuni Bank (TSE: 8359) has reported strong consolidated financial results for the year ended March 31, 2025, triggering a boost in shareholder returns and forward-looking strategies including a merger and increased capital efficiency. Ordinary income increased by 19.7% year-over-year to JPY 254.193 billion, and profit attributable to owners of the parent increased by 29.4% to JPY 47.982 billion. As a result, the bank’s Board has proposed a year-end dividend of JPY 29.00 per share, bringing the total annual dividend to JPY 42.00 per share, a substantial increase from the previous year's JPY 24.00.