Declared Dividend • Jun 28
Fourth quarter dividend of JP¥8.00 announced Shareholders will receive a dividend of JP¥8.00. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 149%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 9.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 19
North Pacific Bank,Ltd. to Report Q1, 2027 Results on Aug 05, 2026 North Pacific Bank,Ltd. announced that they will report Q1, 2027 results on Aug 05, 2026 Board Change • Jun 11
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. 1 highly experienced director. 5 independent directors (6 non-independent directors). Independent Chairperson of the Board Toshiaki Kobe was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • May 28
North Pacific Bank,Ltd. announces Quarterly dividend, payable on September 01, 2026 North Pacific Bank,Ltd. announced Quarterly dividend of JPY 8.0000 per share payable on September 01, 2026, ex-date on June 29, 2026 and record date on June 30, 2026. Announcement • May 13
North Pacific Bank,Ltd., Annual General Meeting, Jun 25, 2026 North Pacific Bank,Ltd., Annual General Meeting, Jun 25, 2026. Announcement • May 10
North Pacific Bank,Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 North Pacific Bank,Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 Announcement • Apr 22
North Pacific Bank,Ltd. (TSE:8524) completed the acquisition of 85.85% stake in CAREER BANK Co., Ltd. (SPSE:4834) from group of sellers for ¥1.5 billion. North Pacific Bank,Ltd. (TSE:8524) proposed to acquire remaining 97.58% stake in CAREER BANK Co., Ltd. (SPSE:4834) from group of sellers for ¥1.7 billion on March 3, 2026. A cash consideration valued at ¥1755 per share will be paid by North Pacific Bank,Ltd. As part of consideration, an undisclosed value is paid towards common equity of CAREER BANK Co., Ltd. Upon completion, North Pacific Bank,Ltd. will own 100% stake in CAREER BANK Co., Ltd.
The transaction is subject to obtaining permits, approvals from the relevant authorities and minimum tender. The expected completion of the transaction is April 21, 2026.
North Pacific Bank,Ltd. (TSE:8524) completed the acquisition of 85.85% stake in CAREER BANK Co., Ltd. (SPSE:4834) from group of sellers for ¥1.5 billion on April 21, 2026. As a result of the Tender Offer, the Target Company will become a consolidated subsidiary of the Tender Offeror on April 28, 2026 (the commencement date of settlement of the Tender Offer). Announcement • Mar 03
North Pacific Bank,Ltd. (TSE:8524) proposed to acquire remaining 97.58% stake in CAREER BANK Co., Ltd. (SPSE:4834) from group of sellers for ¥1.7 billion. North Pacific Bank,Ltd. (TSE:8524) proposed to acquire remaining 97.58% stake in CAREER BANK Co., Ltd. (SPSE:4834) from group of sellers for ¥1.7 billion on March 3, 2026. A cash consideration valued at ¥1755 per share will be paid by North Pacific Bank,Ltd. As part of consideration, an undisclosed value is paid towards common equity of CAREER BANK Co., Ltd. Upon completion, North Pacific Bank,Ltd. will own 100% stake in CAREER BANK Co., Ltd.
The transaction is subject to obtaining permits, approvals from the relevant authorities and minimum tender. The expected completion of the transaction is April 21, 2026. Announcement • Feb 11
North Pacific Bank,Ltd. announces Quarterly dividend, payable on June 29, 2026 North Pacific Bank,Ltd. announced Quarterly dividend of JPY 6.5000 per share payable on June 29, 2026, ex-date on March 30, 2026 and record date on March 31, 2026. Announcement • Jan 29
North Pacific Bank,Ltd. (TSE:8524) announces an Equity Buyback for 3,200,000 shares, representing 0.85% for ¥2,400 million. North Pacific Bank,Ltd. (TSE:8524) announces a share repurchase program. Under the program, the company will repurchase up to 3,200,000 shares, representing 0.84% of its share capital, for ¥2,400 million. The purpose of the program is to enhance shareholder returns and to improve capital efficiency. The program will expire on March 31, 2026. As of December 31, 2025, the company had 376,495,160 shares in issue (excluding treasury stock) and 1,565,019 shares in treasury. Announcement • Dec 05
North Pacific Bank,Ltd. to Report Q3, 2026 Results on Feb 10, 2026 North Pacific Bank,Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Announcement • Nov 12
North Pacific Bank,Ltd. announces Quarterly dividend North Pacific Bank,Ltd. announced Quarterly dividend of JPY 6.5000 per share, ex-date on December 29, 2025 and record date on December 31, 2025. Announcement • Sep 04
North Pacific Bank,Ltd. to Report Q2, 2026 Results on Nov 11, 2025 North Pacific Bank,Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Announcement • Aug 06
North Pacific Bank,Ltd. announces Quarterly dividend, payable on December 03, 2025 North Pacific Bank,Ltd. announced Quarterly dividend of JPY 6.5000 per share payable on December 03, 2025, ex-date on September 29, 2025 and record date on September 30, 2025. Announcement • Jun 13
North Pacific Bank,Ltd. to Report Q1, 2026 Results on Aug 05, 2025 North Pacific Bank,Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025 Announcement • Jun 12
North Pacific Bank,Ltd. announces Quarterly dividend North Pacific Bank,Ltd. announced Quarterly dividend of JPY 6.5000 per share, ex-date on June 27, 2025 and record date on June 30, 2025. Announcement • May 13
North Pacific Bank,Ltd., Annual General Meeting, Jun 26, 2025 North Pacific Bank,Ltd., Annual General Meeting, Jun 26, 2025. Announcement • Mar 20
North Pacific Bank,Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 North Pacific Bank,Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Announcement • Feb 20
North Pacific Bank,Ltd. (TSE:8524) announces an Equity Buyback for 8,000,000 shares, representing 2.09% for ¥3,200 million. North Pacific Bank,Ltd. (TSE:8524) announces a share repurchase program. Under the program, the company will repurchase up to 8,000,000 shares, representing 2.09% of its share capital, for ¥3,200 million. The purpose of the program is to enhance shareholder returns and to improve capital efficiency. The program will expire on April 30, 2025. As of December 31, 2024, the company had 382,717,995 shares in issue (excluding treasury stock) and 16,342,184 shares in treasury. Announcement • Dec 17
North Pacific Bank,Ltd. to Report Q3, 2025 Results on Feb 10, 2025 North Pacific Bank,Ltd. announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 17
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: JP¥33.3b (up 13% from 2Q 2024). Net income: JP¥3.21b (down 5.9% from 2Q 2024). Profit margin: 9.6% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Nov 07
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 4.3% to €2.42. The fair value is estimated to be €1.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥6.50 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.4%). Announcement • Sep 20
North Pacific Bank,Ltd. to Report Q2, 2025 Results on Nov 12, 2024 North Pacific Bank,Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024 Buy Or Sell Opportunity • Aug 17
Now 25% overvalued Over the last 90 days, the stock has fallen 14% to €2.72. The fair value is estimated to be €2.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%. Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: JP¥13.66 (vs JP¥8.38 in 1Q 2024) First quarter 2025 results: EPS: JP¥13.66 (up from JP¥8.38 in 1Q 2024). Revenue: JP¥33.0b (up 1.9% from 1Q 2024). Net income: JP¥5.24b (up 62% from 1Q 2024). Profit margin: 16% (up from 10.0% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €2.32, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 40% over the past three years. New Risk • Aug 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Announcement • Jun 26
North Pacific Bank,Ltd. to Report Q1, 2025 Results on Aug 05, 2024 North Pacific Bank,Ltd. announced that they will report Q1, 2025 results on Aug 05, 2024 Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥33.33 (vs JP¥25.03 in FY 2023) Full year 2024 results: EPS: JP¥33.33 (up from JP¥25.03 in FY 2023). Revenue: JP¥126.5b (up 6.4% from FY 2023). Net income: JP¥12.8b (up 33% from FY 2023). Profit margin: 10% (up from 8.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €3.18, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 91% over the past three years. Announcement • May 16
North Pacific Bank,Ltd., Annual General Meeting, Jun 26, 2024 North Pacific Bank,Ltd., Annual General Meeting, Jun 26, 2024. Announcement • May 15
North Pacific Bank,Ltd. (TSE:8524) announces an Equity Buyback for 3,940,000 shares, representing 1.02% for ¥1,300 million. North Pacific Bank,Ltd. (TSE:8524) announces a share repurchase program. Under the program, the company will repurchase up to 3,940,000 shares, representing 1.02% of its share capital, for ¥1,300 million. The purpose of the program is to enhance shareholder returns and to improve capital efficiency. The program will expire on June 28, 2024. As of March 31, 2024, the company had 384,743,974 shares in issue (excluding treasury stock) and 14,316,205 shares in treasury. New Risk • Apr 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Announcement • Mar 24
North Pacific Bank,Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 North Pacific Bank,Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.6%). Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €2.38, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.03 per share. Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥8.78 (vs JP¥8.32 in 3Q 2023) Third quarter 2024 results: EPS: JP¥8.78 (up from JP¥8.32 in 3Q 2023). Revenue: JP¥34.2b (up 16% from 3Q 2023). Net income: JP¥3.38b (up 5.5% from 3Q 2023). Profit margin: 9.9% (in line with 3Q 2023). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Dec 16
North Pacific Bank,Ltd. to Report Q3, 2024 Results on Feb 08, 2024 North Pacific Bank,Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 16
Second quarter 2024 earnings released: EPS: JP¥8.87 (vs JP¥5.89 in 2Q 2023) Second quarter 2024 results: EPS: JP¥8.87 (up from JP¥5.89 in 2Q 2023). Revenue: JP¥31.9b (up 7.8% from 2Q 2023). Net income: JP¥3.42b (up 51% from 2Q 2023). Profit margin: 11% (up from 7.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥5.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.0%). Announcement • Sep 14
North Pacific Bank,Ltd. to Report Q2, 2024 Results on Nov 13, 2023 North Pacific Bank,Ltd. announced that they will report Q2, 2024 results on Nov 13, 2023 New Risk • Aug 11
New major risk - Revenue and earnings growth Earnings have declined by 3.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.4% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.5% net profit margin). New Risk • Aug 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.4% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.4% net profit margin). Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥8.38 (vs JP¥13.56 in 1Q 2023) First quarter 2024 results: EPS: JP¥8.38 (down from JP¥13.56 in 1Q 2023). Revenue: JP¥32.5b (up 1.9% from 1Q 2023). Net income: JP¥3.23b (down 38% from 1Q 2023). Profit margin: 9.9% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Announcement • Jun 23
North Pacific Bank,Ltd. to Report Q1, 2024 Results on Aug 07, 2023 North Pacific Bank,Ltd. announced that they will report Q1, 2024 results on Aug 07, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥25.03 (vs JP¥30.26 in FY 2022) Full year 2023 results: EPS: JP¥25.03 (down from JP¥30.26 in FY 2022). Revenue: JP¥119.7b (up 2.1% from FY 2022). Net income: JP¥9.65b (down 18% from FY 2022). Profit margin: 8.1% (down from 10.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Banks industry in Europe. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share at 3.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.1%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥8.32 (vs JP¥11.88 in 3Q 2022) Third quarter 2023 results: EPS: JP¥8.32 (down from JP¥11.88 in 3Q 2022). Revenue: JP¥32.7b (up 18% from 3Q 2022). Net income: JP¥3.20b (down 31% from 3Q 2022). Profit margin: 9.8% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Europe. Announcement • Dec 21
North Pacific Bank,Ltd. to Report Q3, 2023 Results on Feb 08, 2023 North Pacific Bank,Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥5.89 (vs JP¥4.82 in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.89 (up from JP¥4.82 in 2Q 2022). Revenue: JP¥31.7b (up 5.3% from 2Q 2022). Net income: JP¥2.27b (up 21% from 2Q 2022). Profit margin: 7.1% (up from 6.2% in 2Q 2022). The increase in margin was driven by higher revenue. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. External Independent Director Makiko Sasaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥5.89 (vs JP¥4.82 in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.89 (up from JP¥4.82 in 2Q 2022). Revenue: JP¥31.7b (up 5.3% from 2Q 2022). Net income: JP¥2.27b (up 21% from 2Q 2022). Profit margin: 7.1% (up from 6.2% in 2Q 2022). The increase in margin was driven by higher revenue. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.3%). Announcement • Sep 14
North Pacific Bank,Ltd. to Report Q2, 2023 Results on Nov 11, 2022 North Pacific Bank,Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥13.56 (vs JP¥11.21 in 1Q 2022) First quarter 2023 results: EPS: JP¥13.56 (up from JP¥11.21 in 1Q 2022). Revenue: JP¥33.4b (up 3.1% from 1Q 2022). Net income: JP¥5.24b (up 20% from 1Q 2022). Profit margin: 16% (up from 13% in 1Q 2022). Announcement • Jun 17
North Pacific Bank,Ltd. to Report Q1, 2023 Results on Aug 05, 2022 North Pacific Bank,Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥30.26 (vs JP¥24.25 in FY 2021) Full year 2022 results: EPS: JP¥30.26 (up from JP¥24.25 in FY 2021). Revenue: JP¥120.4b (down 4.3% from FY 2021). Net income: JP¥11.8b (up 25% from FY 2021). Profit margin: 9.8% (up from 7.5% in FY 2021). The increase in margin was driven by lower expenses. Announcement • May 18
North Pacific Bank,Ltd., Annual General Meeting, Jun 28, 2022 North Pacific Bank,Ltd., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Naoki Nishita was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Apr 08
North Pacific Bank,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 North Pacific Bank,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.7%). Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥11.88 (up from JP¥6.19 in 3Q 2021). Revenue: JP¥30.0b (down 2.6% from 3Q 2021). Net income: JP¥4.62b (up 92% from 3Q 2021). Profit margin: 15% (up from 7.8% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Announcement • Feb 09
North Pacific Bank Ltd. Provides Non-Consolidated Earnings Guidance for the Year Ending March 31, 2022 North Pacific Bank Ltd. provided non-consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expects ordinary income to be JPY 98,700 million. Net income to be JPY 11,800 million. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS JP¥4.82 (vs JP¥5.90 in 2Q 2021) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥31.7b (flat on 2Q 2021). Net income: JP¥1.87b (down 18% from 2Q 2021). Profit margin: 5.9% (down from 7.2% in 2Q 2021). Upcoming Dividend • Sep 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 December 2021. Trailing yield: 3.9%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.4%). Reported Earnings • Aug 08
First quarter 2022 earnings released: EPS JP¥11.21 (vs JP¥10.87 in 1Q 2021) The company reported a mediocre first quarter result with weaker revenues, although profit margins were flat and earnings improved. First quarter 2022 results: Revenue: JP¥32.7b (down 3.2% from 1Q 2021). Net income: JP¥4.35b (up 2.9% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥24.25 (vs JP¥19.40 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥125.8b (up 1.0% from FY 2020). Net income: JP¥9.42b (up 25% from FY 2020). Profit margin: 7.5% (up from 6.1% in FY 2020). Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥6.19 (vs JP¥5.26 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥35.6b (up 14% from 3Q 2020). Net income: JP¥2.40b (up 17% from 3Q 2020). Profit margin: 6.7% (up from 6.6% in 3Q 2020). The increase in margin was driven by higher revenue.