Japan Post Bank announced its first-quarter results for the fiscal year ending March 2027, with quarterly net profit rising 69.3% year-on-year to 177.5 billion yen. Ordinary revenue increased 27.1% to 848.1 billion yen, and ordinary profit rose 64.7% to 253.5 billion yen, representing progress rates of 26.5% and 26.9% respectively against full-year forecasts. The main driver was a 174.8 billion yen increase in net interest income, due to higher interest on Japanese government bonds amid rising domestic interest rates and expanded earnings from foreign bond investment trusts. Despite the strong results, the stock closed at 3,087 yen on the 10th, down 101 yen from the previous day, amid a broader decline in financial stocks.
Japan Post Bank Co., Ltd.Net profit rose 69.3% to 177.5 billion yen, driven by higher net interest income from rising rates.
