Nomura Holdings Reports Increased Q2 Profit Driven by Wealth Management Growth
Nomura Holdings (NMR) reported a rise in second-quarter earnings, with diluted earnings per share reaching ¥34.61 compared to ¥30.73 in the previous year. The company's net revenue grew 18% year-over-year to ¥607.5 billion, bolstered significantly by strength in its wealth management division. Despite the annual growth, net income attributable to shareholders saw a quarterly decline of 29%, settling at ¥103.7 billion. While the yearly trajectory remains positive due to revenue expansion, the sequential drop in net income highlights volatility in quarterly performance. The company has not provided guidance for fiscal year 2027.
Tickers: $NMR
Topics: earnings report net income revenue growth
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Part of the story Nomura Holdings Reports Decline in Quarterly Revenue and Net Income Amid Market Moderation (2 articles)