JP-listed companies
Suruga Bank Ltd.

Suruga Bank Ltd.JP:8358

Market cap

¥228B

P/E ratio

21.6x

Income statement Balance sheet Cash flow

	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023
Ordinary income	111,241	121,292	131,114	139,430	145,753	156,278	139,635	118,008	99,791	92,072	92,403
Interest income	91,528	100,075	109,458	118,650	124,718	130,751	111,901	94,016	83,163	75,030	68,562
Interest on loans and discounts	89,659	97,304	105,953	113,552	121,045	125,367	109,933	92,607	81,223	71,906	65,145
Interest and dividends on securities	1,132	1,973	2,535	3,989	2,578	4,107	1,383	828	1,111	2,038	864
Interest on call loans and bills bought	542	399	153	112	38	32	21	8	-	1	13
Interest on deposits with banks	-	307	712	830	805	814	538	529	805	820	819
Other interest income	194	90	103	164	250	429	23	42	22	263	1,719
Fees and commissions	12,204	12,216	12,544	13,022	13,443	13,283	11,902	10,372	8,593	7,683	7,306
Other ordinary income	4,754	4,569	5,145	4,932	4,393	4,118	4,068	5,892	4,727	3,741	3,461
Gain on redemption of bonds	1,019	753	1,097	797	473	396	594	375	912	616	304
Other	3,649	3,789	4,032	4,095	3,917	3,720	3,468	5,509	3,210	3,124	3,157
Gain on redemption of bonds	1,019	753	1,097	797	473	396	594	375	912	616	304
Fees and commissions	12,204	12,216	12,544	13,022	13,443	13,283	11,902	10,372	8,593	7,683	7,306
Other income	2,754	4,431	3,965	2,824	3,198	8,125	11,763	7,727	3,307	5,617	13,072
Reversal of allowance for loan losses	528	2,619	1,592	-	927	-	-	-	-	-	4,116
Recoveries of written off receivables	1,264	1,043	1,036	923	1,339	1,793	1,141	1,838	2,170	5,035	3,143
Gain on sale of equity securities	98	53	387	187	129	5,465	9,801	5,440	69	5	5,100
Other	840	714	883	1,696	800	861	819	442	1,067	576	712
Other	840	714	883	1,696	800	861	819	442	1,067	576	712
Other ordinary income	4,754	4,569	5,145	4,932	4,393	4,118	4,068	5,892	4,727	3,741	3,461
Gain on redemption of bonds	1,019	753	1,097	797	473	396	594	375	912	616	304
Other	3,649	3,789	4,032	4,095	3,917	3,720	3,468	5,509	3,210	3,124	3,157
Gain on redemption of bonds	1,019	753	1,097	797	473	396	594	375	912	616	304
Other income	2,754	4,431	3,965	2,824	3,198	8,125	11,763	7,727	3,307	5,617	13,072
Reversal of allowance for loan losses	528	2,619	1,592	-	927	-	-	-	-	-	4,116
Recoveries of written off receivables	1,264	1,043	1,036	923	1,339	1,793	1,141	1,838	2,170	5,035	3,143
Gain on sale of equity securities	98	53	387	187	129	5,465	9,801	5,440	69	5	5,100
Other	840	714	883	1,696	800	861	819	442	1,067	576	712
Other	840	714	883	1,696	800	861	819	442	1,067	576	712
Ordinary expenses	74,993	75,181	77,708	83,035	87,530	145,752	213,978	76,245	76,677	81,476	79,137
Interest expenses	3,047	3,438	4,039	4,685	4,287	3,670	2,033	1,578	1,563	1,489	1,383
Interest on deposits	2,967	3,386	3,948	4,557	4,069	3,439	1,706	1,293	1,486	1,461	1,298
Interest expenses on cash collateral received for securities lent	-	-	-	-	-	-	-	-	-	-	-
Other interest expenses	46	23	67	106	203	220	317	280	77	27	84
Other interest expenses	46	23	67	106	203	220	317	280	77	27	84
Fees and commissions payments	13,300	13,103	13,667	14,915	14,326	14,981	13,992	15,094	11,943	11,620	10,827
Other ordinary expenses	3,157	3,885	3,434	3,703	3,647	3,302	3,062	3,143	3,408	2,922	20,037
Loss on sale of bonds	-	187	-	-	-	-	1	-	150	-	1,740
Loss on redemption of bonds	204	490	121	199	310	116	96	152	308	72	15,387
Other	2,951	3,207	3,312	3,503	3,336	3,186	2,964	2,991	2,949	2,850	2,909
Loss on sale of bonds	-	187	-	-	-	-	1	-	150	-	1,740
Loss on redemption of bonds	204	490	121	199	310	116	96	152	308	72	15,387
General and administrative expenses	44,723	46,638	48,372	48,940	51,500	51,945	51,326	47,559	43,494	41,186	38,348
Other expenses	10,765	8,115	8,194	10,791	13,768	71,853	143,562	8,869	16,266	24,258	8,540
Provision of allowance for loan losses	-	-	-	879	-	60,546	134,216	759	3,213	14,250	-
Write-off of loans	4,580	3,885	3,820	4,744	9,381	5,938	4,649	2,727	5,171	5,654	4,693
Loss on devaluation of equity securities	503	9	609	-	636	10	16	6	-	27	120
Other	5,605	4,174	3,764	5,167	3,744	5,357	4,481	5,233	7,881	4,325	3,726
Ordinary profit (loss)	36,247	46,110	53,405	56,395	58,222	10,525	-74,342	41,763	23,113	10,596	13,266
Extraordinary income	26	140	30	26	2,170	64	2,469	47	670	76	51
Gain on disposal of non-current assets	26	52	10	26	36	64	157	35	670	76	51
Extraordinary losses	258	309	1,075	509	335	484	3,186	9,951	1,012	1,611	1,282
Loss on disposal of non-current assets	254	309	1,075	489	335	484	356	500	444	957	422
Impairment losses	3	-	-	19	-	-	2,829	9,451	568	653	859
Profit (loss) before income taxes	36,015	45,941	52,360	55,912	60,057	10,105	-75,059	31,858	22,772	9,061	12,036
Income taxes - current	10,770	15,936	17,537	19,426	15,781	19,927	17,474	4,124	186	161	1,371
Income taxes - deferred	3,767	2,298	1,848	-387	1,488	-17,020	4,647	2,161	1,158	943	86
Income taxes	14,538	18,234	19,385	19,039	17,270	2,906	22,122	6,285	1,344	1,105	1,457
Profit (loss)	-	-	32,975	36,873	42,787	7,198	-97,181	25,573	21,427	7,955	10,578
Profit (loss) attributable to non-controlling interests	-	-	83	156	159	209	-35	248	-6	-4	1
Profit (loss) attributable to owners of parent	-	-	32,891	36,717	42,627	6,988	-97,146	25,324	21,433	7,960	10,576