Resona Holdings (TYO:8308) raised its consolidated profit attributable to owners of the parent target for fiscal 2024 to 210.0 billion yen from 175 billion yen previously, according to its Tokyou bourse filing on April 30.

This upward revision for the fiscal year ended March 31 was attributed to steady growth in net interest income and fee income, increased net gains on stocks due to policy-oriented sales, and anticipated lower credit costs than initially projected.

Resona Holdings' shares shed more than 5% at market close.

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