CPSE:SPKSJFBanks
SJF Bank (CPSE:SPKSJF) Margin Compression Undercuts Bullish Narrative After Years of Earnings Growth
SJF Bank (CPSE:SPKSJF) posted a net profit margin of 32.3% for the recent period, down from 35.1% a year ago. Over the past five years, annual earnings growth averaged 16.9%, but the most recent year saw a reversal with negative growth. Investors are weighing this decline in profitability against SJF Bank’s track record of strong multi-year earnings and its valuation, with the stock trading under fair value and showing a price-to-earnings ratio of 10x, roughly in line with the industry...