Okinawa Financial Group, parent of Bank of Okinawa, reported net profit attributable to shareholders of ¥3.61bn for the three months to June 2026, up 40.9% from ¥2.56bn a year earlier. Ordinary profit rose 39.8% to ¥5.31bn, and ordinary income climbed to ¥19.86bn from ¥17.03bn.
| Metric | This quarter | Year earlier |
|---|---|---|
| Ordinary income | ¥19.86bn | ¥17.03bn |
| Ordinary profit | ¥5.31bn | ¥3.80bn |
| Net profit attributable to parent | ¥3.61bn | ¥2.56bn |
| Loan interest income | ¥9.18bn | ¥7.78bn |
| Deposit interest expense | ¥1.99bn | ¥1.11bn |
The engine behind the gain is a lending book that finally earns more. Bank of Okinawa's loan yield, on a standalone basis, rose to 1.811% in the quarter, up from 1.700% in the second half of the year to March 2026, as the lender priced loans higher while local credit demand stayed firm. Group-wide loan interest income rose to ¥9.18bn from ¥7.78bn. That is not a free lunch: Bank of Okinawa's deposit yield rose to 0.292% from 0.213%, and consolidated deposit interest expense nearly doubled to ¥1.99bn from ¥1.11bn.
Credit demand itself held up. Bank of Okinawa's standalone loan book, bank and trust accounts combined, grew ¥71.1bn year-on-year to ¥2,006.5bn, with the company citing steady demand from businesses navigating Okinawa Prefecture's expanding local economy and higher costs. Consolidated group lending nonetheless dipped ¥20.0bn from the end of March to ¥1.99tn, which the company attributed to seasonal repayment of construction loans and lower lending to local governments. Deposits rose ¥168.0bn over the same period to ¥2.81tn, on personal, corporate and public-sector inflows.
Okinawa Financial Group left its earnings forecast for the current fiscal year unchanged from the figures it published on May 15, 2026. The rate arithmetic here is specific to Bank of Okinawa's own loan book in Okinawa Prefecture; the filing says nothing about lending yields at other regional banks.