Resona Holdings Inc
8308: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|M@ | LOCK|%?N | LOCK|f>K?$#Z |
Resona Group: Solid Improvement in Profitability, but Still Room to Improve; Valuation Raised 12%
Resona's fiscal 2025 net income grew 21% to JPY 259 billion, exceeding guidance, topped off with JPY 120 billion in share-sale gains, a higher net interest margin, and lower cost/income. Management guides for 20% growth in fiscal 2026 net income to JPY 310 billion.
