Suruga Bank Ltd. (SUGBY)
Suruga Bank Ltd. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Numazu, SZ, JP. The stock last traded at $80.02, up 0.00% on the session, giving a market capitalisation of $1.36B. On trailing twelve-month figures it carries a trailing P/E of 11.25, a net margin of 41.9%. Its beta of 0.52 implies it has historically moved less than the broad market.
Suruga Bank Ltd. is a Japanese financial institution that provides a comprehensive array of banking and financial services and products to both individual consumers and corporate clients across Japan. Its primary offerings encompass a diverse portfolio of deposit accounts, including time, ordinary, savings, foreign currency, and other specialized deposits, alongside current and general accounts. The bank also extends an extensive range of loan products, featuring specialized options for housing, second homes, resorts, startups, project assistance, and business term loans, in addition to other purpose-specific financing. The bank further provides payment solutions like credit and debit cards, as well as flexible financing products such as overdrafts. Beyond core banking, Suruga Bank delves into wealth management and specialized financial services. These include investment trusts, public bonds, pension contributions, and various insurance products. Additional services cover inheritance and trust arrangements, foreign currency exchange reservations, and digital payment facilitation via platforms like Pay-easy and Web oral receipt. Other provisions include safe deposit boxes, foreign remittances, comprehensive fund management, mortgage services, and specialized factoring for nursing care, medical, and dispensing compensation receivables. Clients also benefit from convenient access through internet and telephone banking platforms. Furthermore, the company diversifies its operations by offering a suite of ancillary services. These range from staffing solutions, money lending, and credit guarantees (both general and specific to mortgage loans) to administrative support such as printing, bookbinding, packing, and shipping. The bank also engages in leasing, clerical agency services, and system engineering. Founded in 1895 and headquartered in Numazu, Japan, Suruga Bank serves its clientele through an extensive network of 128 branches nationwide.
Suruga Bank Ltd. is most often compared with the following Financial Services names: