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Bank of Iwate TSE:8345 Stock Report

Last Price

JP¥2.46k

Market Cap

JP¥42.0b

7D

0.5%

1Y

14.5%

Updated

30 Apr, 2024

Data

Company Financials

The Bank of Iwate, Ltd.

TSE:8345 Stock Report

Market Cap: JP¥42.0b

8345 Stock Overview

The Bank of Iwate, Ltd. engages in the provision of various financial products and services in Japan.

8345 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends4/6

The Bank of Iwate, Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bank of Iwate
Historical stock prices
Current Share PriceJP¥2,460.00
52 Week HighJP¥2,935.00
52 Week LowJP¥1,992.00
Beta-0.030
1 Month Change-4.43%
3 Month Change-5.38%
1 Year Change14.53%
3 Year Change21.30%
5 Year Change-21.90%
Change since IPO-49.89%

Recent News & Updates

Recent updates

Shareholder Returns

8345JP BanksJP Market
7D0.5%0.6%0.8%
1Y14.5%58.1%26.5%

Return vs Industry: 8345 underperformed the JP Banks industry which returned 58.1% over the past year.

Return vs Market: 8345 underperformed the JP Market which returned 26.5% over the past year.

Price Volatility

Is 8345's price volatile compared to industry and market?
8345 volatility
8345 Average Weekly Movement3.6%
Banks Industry Average Movement4.1%
Market Average Movement4.1%
10% most volatile stocks in JP Market8.2%
10% least volatile stocks in JP Market2.3%

Stable Share Price: 8345 has not had significant price volatility in the past 3 months.

Volatility Over Time: 8345's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19321,409Sachio Taguchiwww.iwatebank.co.jp

The Bank of Iwate, Ltd. engages in the provision of various financial products and services in Japan. It operates through three segments: Commercial Banking Business; Leasing Business; and Credit Card and Credit Guarantee Business. The Commercial Banking Business segment provides current and time deposits, as well as negotiable certificates of deposit; personal and SME loans; and securities investment and foreign exchange services.

The Bank of Iwate, Ltd. Fundamentals Summary

How do Bank of Iwate's earnings and revenue compare to its market cap?
8345 fundamental statistics
Market capJP¥41.96b
Earnings (TTM)JP¥3.55b
Revenue (TTM)JP¥40.17b

11.8x

P/E Ratio

0.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8345 income statement (TTM)
RevenueJP¥40.17b
Cost of RevenueJP¥0
Gross ProfitJP¥40.17b
Other ExpensesJP¥36.62b
EarningsJP¥3.55b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 14, 2024

Earnings per share (EPS)207.83
Gross Margin100.00%
Net Profit Margin8.83%
Debt/Equity Ratio76.2%

How did 8345 perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

41%

Payout Ratio
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