Loading...

Chiba Bank

OTCPK:CHBA.Y
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CHBA.Y
OTCPK
¥410B
Market Cap
  1. Home
  2. US
  3. Banks
Company description

The Chiba Bank, Ltd., together with its subsidiaries, provides banking products and services in Japan and internationally. The last earnings update was 22 days ago. More info.


Add to Portfolio Compare Print
CHBA.Y Share Price and Events
7 Day Returns
-4.8%
OTCPK:CHBA.Y
-0.6%
US Banks
-0.3%
US Market
1 Year Returns
-24.4%
OTCPK:CHBA.Y
-7.3%
US Banks
3.4%
US Market
CHBA.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chiba Bank (CHBA.Y) -4.8% -1% -8.8% -24.4% 4.9% -33.3%
US Banks -0.6% 2.9% -1.2% -7.3% 44.2% 45.2%
US Market -0.3% 2.9% 2.1% 3.4% 36.2% 41.3%
1 Year Return vs Industry and Market
  • CHBA.Y underperformed the Banks industry which returned -7.3% over the past year.
  • CHBA.Y underperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
CHBA.Y
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Chiba Bank's competitors could be found in our database.

CHBA.Y Value

 Is Chiba Bank undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Chiba Bank to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Chiba Bank.

OTCPK:CHBA.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 9 analysts.
= Stable Book Value * Return on Equity
= ¥1,322.55 * 5.5%
¥72.26
Book Value of Equity per Share Weighted future Book Value estimates from 7 analysts. ¥1,322.55
Discount Rate (Cost of Equity) See below 10.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:CHBA.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.595 (1 + (1- 30.86%) (220.89%))
1.337
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.34
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.337 * 5.96%)
10.7%

Discounted Cash Flow Calculation for OTCPK:CHBA.Y using Excess Returns Model Model

The calculations below outline how an intrinsic value for Chiba Bank is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

OTCPK:CHBA.Y Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (5.5% – 10.7%) * ¥1,322.55)
¥-69.24
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ¥-69.24 / (10.7% - 2.73%)
¥-868.85
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ¥1,322.55 + ¥-868.85
¥453.71
OTCPK:CHBA.Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:CHBA.Y represents 0.04586x of TSE:8331
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.04586x
Value per Share
(Listing Adjusted, USD)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 453.71 x 0.04586
$20.81
Value per share (USD) From above. $20.81
Current discount Discount to share price of $24.72
= -1 x ($24.72 - $20.81) / $20.81
-18.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Chiba Bank is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Chiba Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chiba Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CHBA.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥65.31
TSE:8331 Share Price ** TSE (2019-07-18) in JPY ¥539
United States of America Banks Industry PE Ratio Median Figure of 594 Publicly-Listed Banks Companies 12.69x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chiba Bank.

OTCPK:CHBA.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:8331 Share Price ÷ EPS (both in JPY)

= 539 ÷ 65.31

8.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chiba Bank is good value based on earnings compared to the US Banks industry average.
  • Chiba Bank is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Chiba Bank's expected growth come at a high price?
Raw Data
OTCPK:CHBA.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
2.4%per year
United States of America Banks Industry PEG Ratio Median Figure of 271 Publicly-Listed Banks Companies 1.22x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

OTCPK:CHBA.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.25x ÷ 2.4%

3.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chiba Bank is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Chiba Bank's assets?
Raw Data
OTCPK:CHBA.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥1,250.68
TSE:8331 Share Price * TSE (2019-07-18) in JPY ¥539
United States of America Banks Industry PB Ratio Median Figure of 594 Publicly-Listed Banks Companies 1.2x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.8x
OTCPK:CHBA.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:8331 Share Price ÷ Book Value per Share (both in JPY)

= 539 ÷ 1,250.68

0.43x

* Primary Listing of Chiba Bank.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chiba Bank is good value based on assets compared to the US Banks industry average.
X
Value checks
We assess Chiba Bank's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Chiba Bank has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CHBA.Y Future Performance

 How is Chiba Bank expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chiba Bank expected to grow at an attractive rate?
  • Chiba Bank's earnings growth is positive but not above the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Chiba Bank's earnings growth is positive but not above the United States of America market average.
  • Chiba Bank's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:CHBA.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:CHBA.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 2.4%
OTCPK:CHBA.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts -3.9%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 2%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:CHBA.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:CHBA.Y Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 162,857 53,856 5
2021-03-31 164,141 53,849 6
2020-03-31 158,305 52,026 5
OTCPK:CHBA.Y Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 200,084 -127,995 50,478
2018-12-31 202,634 48,773
2018-09-30 207,431 -214,127 51,569
2018-06-30 206,661 51,616
2018-03-31 209,453 -584,442 53,796
2017-12-31 209,087 55,298
2017-09-30 206,908 -812,876 54,140
2017-06-30 208,104 51,298
2017-03-31 206,245 -137,034 52,730
2016-12-31 211,979 53,560
2016-09-30 209,558 -114,829 52,867
2016-06-30 214,716 56,204

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Chiba Bank's earnings are expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).
  • Chiba Bank's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:CHBA.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Chiba Bank Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CHBA.Y Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 72.06 78.07 64.02 7.00
2021-03-31 71.88 83.99 62.82 10.00
2020-03-31 68.41 72.68 62.66 10.00
OTCPK:CHBA.Y Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 65.31
2018-12-31 62.69
2018-09-30 65.91
2018-06-30 65.62
2018-03-31 67.99
2017-12-31 69.54
2017-09-30 67.76
2017-06-30 63.90
2017-03-31 65.32
2016-12-31 65.95
2016-09-30 64.72
2016-06-30 68.31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Chiba Bank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Chiba Bank's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chiba Bank has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CHBA.Y Past Performance

  How has Chiba Bank performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Chiba Bank's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chiba Bank's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Chiba Bank's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Chiba Bank's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.
Earnings and Revenue History
Chiba Bank's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chiba Bank Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CHBA.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 200,084.00 50,478.00 89,113.00
2018-12-31 202,634.00 48,773.00 89,937.00
2018-09-30 207,431.00 51,569.00 90,860.00
2018-06-30 206,661.00 51,616.00 91,217.00
2018-03-31 209,453.00 53,796.00 91,193.00
2017-12-31 209,087.00 55,298.00 91,012.00
2017-09-30 206,908.00 54,140.00 90,592.00
2017-06-30 208,104.00 51,298.00 90,167.00
2017-03-31 206,245.00 52,730.00 90,368.00
2016-12-31 211,979.00 53,560.00 90,336.00
2016-09-30 209,558.00 52,867.00 89,452.00
2016-06-30 214,716.00 56,204.00 88,659.00
2016-03-31 211,501.00 55,444.00 87,626.00
2015-12-31 208,099.00 54,459.00 85,999.00
2015-09-30 209,544.00 54,760.00 86,908.00
2015-06-30 206,207.00 51,755.00 88,112.00
2015-03-31 211,456.00 57,033.00 89,039.00
2014-12-31 205,888.00 56,536.00 89,540.00
2014-09-30 204,366.00 54,790.00 89,471.00
2014-06-30 207,783.00 54,564.00 89,081.00
2014-03-31 202,880.00 46,438.00 88,775.00
2013-12-31 198,256.00 45,601.00 88,539.00
2013-09-30 202,425.00 48,743.00 88,488.00
2013-06-30 201,988.00 48,598.00 88,552.00
2013-03-31 208,900.00 44,152.00 88,943.00
2012-12-31 198,675.00 44,903.00 89,814.00
2012-09-30 190,083.00 39,323.00 89,616.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Chiba Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Chiba Bank used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Chiba Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Chiba Bank's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chiba Bank has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CHBA.Y Health

 How is Chiba Bank's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Chiba Bank's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Chiba Bank Company Filings, last reported 3 months ago.

OTCPK:CHBA.Y Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 952,266.00 906,540.00 2,272,135.00
2018-12-31 944,227.00 948,716.00 2,169,419.00
2018-09-30 963,573.00 962,007.00 2,106,437.00
2018-06-30 961,407.00 805,084.00 2,123,593.00
2018-03-31 943,235.00 726,554.00 1,982,266.00
2017-12-31 957,793.00 844,927.00 1,914,112.00
2017-09-30 925,868.00 808,486.00 1,759,743.00
2017-06-30 920,442.00 706,670.00 1,840,271.00
2017-03-31 900,550.00 993,819.00 1,957,067.00
2016-12-31 895,157.00 1,078,949.00 1,809,861.00
2016-09-30 873,175.00 1,033,140.00 1,774,607.00
2016-06-30 867,146.00 1,084,011.00 2,100,232.00
2016-03-31 866,398.00 729,235.00 1,599,465.00
2015-12-31 879,345.00 1,524,672.00 2,324,711.00
2015-09-30 861,932.00 1,276,481.00 1,865,315.00
2015-06-30 877,944.00 992,405.00 1,852,013.00
2015-03-31 858,747.00 614,628.00 1,519,376.00
2014-12-31 819,987.00 741,392.00 1,354,476.00
2014-09-30 790,700.00 519,370.00 989,287.00
2014-06-30 783,373.00 467,414.00 1,167,110.00
2014-03-31 766,187.00 519,665.00 1,066,516.00
2013-12-31 762,182.00 578,799.00 843,332.00
2013-09-30 761,008.00 348,181.00 702,801.00
2013-06-30 731,260.00 241,869.00 836,866.00
2013-03-31 729,243.00 474,691.00 758,529.00
2012-12-31 686,308.00 541,493.00 685,668.00
2012-09-30 674,374.00 542,964.00 784,784.00
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Chiba Bank has an acceptable proportion of non-loan assets held.
  • Chiba Bank's liabilities are made up of primarily low risk sources of funding.
  • Loans at Chiba Bank are broadly funded by customer deposits.
  • Chiba Bank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Chiba Bank has a low allowance for bad loans.
  • Chiba Bank has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Chiba Bank's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chiba Bank has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CHBA.Y Dividends

 What is Chiba Bank's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.97%
Current annual income from Chiba Bank dividends. Estimated to be 3.12% next year.
If you bought $2,000 of Chiba Bank shares you are expected to receive $59 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Chiba Bank's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
  • Chiba Bank's dividend is below the markets top 25% of dividend payers in United States of America (3.76%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:CHBA.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 479 Stocks 3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:CHBA.Y Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 17.71 7.00
2021-03-31 16.90 10.00
2020-03-31 16.00 9.00
OTCPK:CHBA.Y Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-05-13 16.000 2.989
2019-02-08 16.000 2.561
2019-02-06 16.000 2.427
2018-11-26 16.000 2.436
2018-11-07 16.000 2.207
2018-06-28 16.000 2.144
2018-05-09 16.000 1.893
2018-02-09 15.000 1.738
2018-02-07 15.000 1.662
2017-11-27 15.000 1.603
2017-11-08 15.000 1.819
2017-08-31 15.000 1.887
2017-06-29 15.000 1.890
2017-05-10 15.000 1.940
2017-02-10 15.000 2.002
2017-02-06 15.000 1.930
2016-11-28 15.000 2.059
2016-11-09 15.000 2.199
2016-11-08 15.000 2.412
2016-06-29 15.000 2.696
2016-05-11 15.000 2.827
2016-02-10 14.000 2.536
2016-02-04 14.000 2.486
2015-11-24 14.000 1.762
2015-11-09 14.000 1.584
2015-06-26 14.000 1.548
2015-05-12 14.000 1.451
2015-02-10 14.000 1.522
2015-02-04 14.000 1.730
2014-11-21 12.000 1.540
2014-11-07 12.000 1.484
2014-10-23 12.000 1.599
2014-06-30 12.000 1.626
2014-05-09 12.000 1.782
2013-11-11 12.000 1.823
2013-08-02 12.000 1.708
2013-06-28 11.000 1.537
2013-05-10 12.000 1.844
2013-02-08 11.000 1.645
2013-02-01 11.000 1.927
2012-11-22 11.000 2.137
2012-11-12 11.000 2.330
2012-08-03 11.000 2.394
2012-06-29 11.000 2.362
2012-05-11 11.000 2.420
2012-02-10 11.000 2.172
2012-02-02 11.000 2.285
2011-11-25 11.000 2.243
2011-11-11 11.000 2.188
2011-08-05 11.000 2.197
2011-06-30 11.000 2.190
2011-05-13 11.000 2.292
2011-02-10 11.000 2.219
2011-02-04 11.000 2.087
2010-11-29 11.000 2.113
2010-11-12 11.000 2.202
2010-06-30 11.000 2.160
2010-05-14 11.000 2.015
2010-02-05 11.000 1.974
2009-11-13 11.000 1.961
2009-05-15 11.000 1.900
2009-02-10 13.000 2.706
2008-11-14 13.000 2.709
2008-08-08 13.000 2.468

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Chiba Bank's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Chiba Bank's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chiba Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chiba Bank has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CHBA.Y Management

 What is the CEO of Chiba Bank's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Hidetoshi Sakuma
AGE 67
CEO Bio

Mr. Hidetoshi Sakuma has been the President of The Chiba Bank, Ltd. since March 1, 2009 and serves as its Group Chief Executive Officer also its Chairman of the Board of Directors since 2018. Mr. Sakuma served as a Managing Executive Officer and Executive Officer in charge of Treasury Division and Treasury Operation Division at The Chiba Bank Ltd. He served as a Senior Executive Officer and General Manager of Head Office at Chiba Bank Ltd. Mr. Sakuma served as General Manager of Corporate Planning Division at Chiba Bank Limited. He has been a Director of Chiba Bank, Ltd since June 2003.

CEO Compensation
  • Insufficient data for Hidetoshi to compare compensation growth.
  • Insufficient data for Hidetoshi to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Chiba Bank management team in years:

0.3
Average Tenure
56
Average Age
  • The average tenure for the Chiba Bank management team is less than 2 years, this suggests a new team.
Management Team

Hidetoshi Sakuma

TITLE
President
AGE
67

Yukihito Inamura

TITLE
Deputy President
AGE
56
TENURE
0.1 yrs

Norio Takatsu

TITLE
Managing Executive Officer
AGE
57
TENURE
1.5 yrs

Matsuti Torou

TITLE
IR Professional

Hironaga Fukuo

TITLE
Executive Officer & GM of Human Resources Division
TENURE
0.5 yrs

Junya Wakabayashi

TITLE
Managing Executive Officer
AGE
56
TENURE
0.1 yrs

Satoru Maki

TITLE
Managing Executive Officer & Head of Sales Division
TENURE
1.5 yrs

Tsutomu Yonemoto

TITLE
Senior Executive Officer
AGE
55
TENURE
0.1 yrs

Takayuki Hosokai

TITLE
Managing Executive Officer & Tokyo Sales Manager
TENURE
0.1 yrs

Tadayoshi Shinozaki

TITLE
Senior Executive Officer
AGE
54
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the Chiba Bank board of directors in years:

3.1
Average Tenure
57
Average Age
  • The tenure for the Chiba Bank board of directors is about average.
Board of Directors

Hidetoshi Sakuma

TITLE
President
AGE
67
TENURE
10.3 yrs

Yukihito Inamura

TITLE
Deputy President
AGE
56
TENURE
3.1 yrs

Norio Takatsu

TITLE
Managing Executive Officer
AGE
57
TENURE
3.1 yrs

Junya Wakabayashi

TITLE
Managing Executive Officer
AGE
56
TENURE
0.1 yrs

Tsutomu Yonemoto

TITLE
Senior Executive Officer
AGE
55
TENURE
2.1 yrs

Tadayoshi Shinozaki

TITLE
Senior Executive Officer
AGE
54
TENURE
1.1 yrs

Yuko Tashima

TITLE
Outside Director
AGE
67
TENURE
4.1 yrs

Yasuko Takayama

TITLE
Outside Director
AGE
61
TENURE
4.1 yrs

Tomoyuki Yokota

TITLE
Outside Director
AGE
75
TENURE
2.1 yrs

Toshikazu Okubo

TITLE
Standing Audit & Supervisory Board Member
TENURE
3.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Chiba Bank's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chiba Bank has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CHBA.Y News

Simply Wall St News

CHBA.Y Company Info

Description

The Chiba Bank, Ltd., together with its subsidiaries, provides banking products and services in Japan and internationally. It offers various deposit products, including current, ordinary, savings, time, and liquid deposits, as well as deposits at notice; and various loans and bills discounting. The company also engages in securities, leasing, credit card, and credit guarantee business; management and collection of claims; and outsourcing of operational business. In addition, it rents and maintains office buildings and welfare facilities; purchases and sells supplies and consumer goods; and develops computer systems and commissioned computation tasks. Further, the company provides housing-loan guarantees and fee collection services; consulting services for portfolio investments of client financial assets; information and survey services; and accounting and administration, and temporary staff services. Additionally, it engages in the investigation and research of advanced financial technologies; and planning and development of financial services. The company serves individual customers; and regional small- and medium-sized, and middle-market companies. As of March 31, 2018, it operated approximately 181 offices, including 158 branches, 20 sub-branches, and 3 virtual branches; 48,635 off-branch ATM locations; 3 money exchange counters; 3 branches in New York, Hong Kong, and London; and 3 representative offices in Shanghai, Singapore, and Bangkok. The Chiba Bank, Ltd. was founded in 1943 and is headquartered in Chiba, Japan.

Details
Name: The Chiba Bank, Ltd.
CHBA.Y
Exchange: OTCPK
Founded: 1943
¥3,807,632,623
761,399,368
Website: http://www.chibabank.co.jp
Address: The Chiba Bank, Ltd.
1-2, Chiba-minato,
Chuo-ku,
Chiba,
Chiba, 260-8720,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 8331 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
OTCPK CHBA.F Common Stock Pink Sheets LLC US USD 06. Jan 1992
OTCPK CHBA.Y ADR Pink Sheets LLC US USD 13. Oct 2008
Number of employees
Current staff
Staff numbers
4,420
Chiba Bank employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 00:14
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2019/07/12
Last earnings filing: 2019/06/27
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.