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Akita Bank TSE:8343 Stock Report

Last Price

JP¥1.96k

Market Cap

JP¥34.5b

7D

-3.2%

1Y

9.3%

Updated

18 Apr, 2024

Data

Company Financials

8343 Stock Overview

The Akita Bank, Ltd. provides banking and other financial services in Japan.

8343 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends5/6

The Akita Bank, Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Akita Bank
Historical stock prices
Current Share PriceJP¥1,960.00
52 Week HighJP¥2,210.00
52 Week LowJP¥1,620.00
Beta0.20
1 Month Change-8.50%
3 Month Change0.77%
1 Year Change9.25%
3 Year Change41.11%
5 Year Change-11.79%
Change since IPO-68.29%

Recent News & Updates

Recent updates

Shareholder Returns

8343JP BanksJP Market
7D-3.2%-2.5%-2.6%
1Y9.3%52.5%28.4%

Return vs Industry: 8343 underperformed the JP Banks industry which returned 50.4% over the past year.

Return vs Market: 8343 underperformed the JP Market which returned 27.6% over the past year.

Price Volatility

Is 8343's price volatile compared to industry and market?
8343 volatility
8343 Average Weekly Movement2.6%
Banks Industry Average Movement4.0%
Market Average Movement4.0%
10% most volatile stocks in JP Market8.2%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 8343 has not had significant price volatility in the past 3 months.

Volatility Over Time: 8343's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18791,277Akihiro Arayawww.akita-bank.co.jp

The Akita Bank, Ltd. provides banking and other financial services in Japan. It offers current, ordinary, savings, time, and other deposits, as well as installment savings and deposits at notice. The company also provides loans and credit cards, as well as guarantee, leasing, and consulting services.

The Akita Bank, Ltd. Fundamentals Summary

How do Akita Bank's earnings and revenue compare to its market cap?
8343 fundamental statistics
Market capJP¥34.55b
Earnings (TTM)JP¥2.87b
Revenue (TTM)JP¥38.58b

12.1x

P/E Ratio

0.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8343 income statement (TTM)
RevenueJP¥38.58b
Cost of RevenueJP¥0
Gross ProfitJP¥38.58b
Other ExpensesJP¥35.71b
EarningsJP¥2.87b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 10, 2024

Earnings per share (EPS)162.65
Gross Margin100.00%
Net Profit Margin7.43%
Debt/Equity Ratio140.7%

How did 8343 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

43%

Payout Ratio
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