OTCPK:SHZU.Y

Stock Analysis Report

Executive Summary

The Shizuoka Bank, Ltd., a regional bank, provides various banking products and services.

Snowflake

Fundamentals

Excellent balance sheet average dividend payer.

Share Price & News

How has Shizuoka Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.5%

OTCPK:SHZU.Y

-1.8%

US Banks

-1.6%

US Market


1 Year Return

-22.5%

OTCPK:SHZU.Y

-16.1%

US Banks

-3.0%

US Market

SHZU.Y underperformed the Banks industry which returned -16.1% over the past year.

SHZU.Y underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

SHZU.YIndustryMarket
7 Day1.5%-1.8%-1.6%
30 Day-7.2%-10.1%-5.7%
90 Day-14.2%-5.0%0.2%
1 Year-22.5%-22.5%-13.7%-16.1%-0.8%-3.0%
3 Yearn/a37.9%28.5%38.1%29.1%
5 Yearn/a49.3%33.2%50.8%34.1%

Price Volatility Vs. Market

How volatile is Shizuoka Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

10.16x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Shizuoka Bank's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Shizuoka Bank's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Shizuoka Bank is good value based on earnings compared to the US Banks industry average.

Shizuoka Bank is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Shizuoka Bank is poor value based on expected growth next year.


Price Based on Value of Assets

Shizuoka Bank is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Shizuoka Bank expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

3.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Shizuoka Bank's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Shizuoka Bank's earnings are expected to grow by 3.2% yearly, however this is not considered high growth (20% yearly).

Shizuoka Bank's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Shizuoka Bank's earnings growth is positive but not above the United States of America market average.

Shizuoka Bank's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Shizuoka Bank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Shizuoka Bank performed over the past 5 years?

0.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Shizuoka Bank's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Shizuoka Bank's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Shizuoka Bank's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

Shizuoka Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Shizuoka Bank used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Shizuoka Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

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


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Shizuoka Bank has an acceptable proportion of non-loan assets held.

Shizuoka Bank has a low allowance for bad loans.

Shizuoka Bank's liabilities are made up of primarily low risk sources of funding.

Shizuoka Bank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Shizuoka Bank are broadly funded by customer deposits.

Shizuoka Bank has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

3.21%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Shizuoka Bank's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Shizuoka Bank's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.2x 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.


Next Steps

Management

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

2.2yrs

Average management tenure


CEO

Katsunori Nakanishi (66yo)

14.2yrs

Tenure

0

Mr. Katsunori Nakanishi has been the Chief Executive Officer of The Shizuoka Bank, Ltd. since June 2005 and its Chairman of the Board since June 2017 also served as its President since June 2005 until June ...


Management Age and Tenure

2.2yrs

Average Tenure

62yo

Average Age

The tenure for the Shizuoka Bank management team is about average.


Board Age and Tenure

3.2yrs

Average Tenure

62yo

Average Age

The tenure for the Shizuoka Bank board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Katsunori Nakanishi (66yo)

    Chairman of the Board & CEO

    • Tenure: 14.2yrs
  • Hidehito Iio (62yo)

    Managing Executive Officer

    • Tenure: 2.2yrs
  • Yoshihiro Nagasawa (63yo)

    Managing Exec. Officer

    • Tenure: 6.2yrs
  • Hisashi Shibata (56yo)

    President & Director

    • Tenure: 5.2yrs
  • Hirotoshi Sugimoto (62yo)

    Sr. Managing Exec. Officer

    • Tenure: 4.2yrs
  • Mitsuhide Sugita

    Senior Managing Executive Office & Head of Tokyo Metropolitan Area Company

    • Tenure: 0.0yrs
  • Minoru Yagi (56yo)

    Sr. Managing Executive Officer

    • Tenure: 5.2yrs
  • Mitsuru Kobayashi (61yo)

    Managing Executive Officer

    • Tenure: 2.2yrs
  • Tomoya Minegishi

    Business Reader

    • Tenure: 0.0yrs
  • Koichi Kiyokawa

    Executive Officer & Head of Sales Department

    • Tenure: 0.0yrs

Board Members

  • Katsunori Nakanishi (66yo)

    Chairman of the Board & CEO

    • Tenure: 14.2yrs
  • Kumi Fujisawa (52yo)

    Outside Director

    • Tenure: 9.2yrs
  • Toshihiko Yamamoto (64yo)

    Director

    • Tenure: 1.2yrs
  • Hidehito Iio (62yo)

    Managing Executive Officer

    • Tenure: 2.2yrs
  • Yoshihiro Nagasawa (63yo)

    Managing Exec. Officer

    • Tenure: 6.2yrs
  • Hisashi Shibata (56yo)

    President & Director

    • Tenure: 5.2yrs
  • Hirotoshi Sugimoto (62yo)

    Sr. Managing Exec. Officer

    • Tenure: 4.2yrs
  • Minoru Yagi (56yo)

    Sr. Managing Executive Officer

    • Tenure: 5.2yrs
  • Motoshige Itoh (68yo)

    Director

    • Tenure: 1.2yrs
  • Mitsuru Kobayashi (61yo)

    Managing Executive Officer

    • Tenure: 2.2yrs

Company Information

The Shizuoka Bank, Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Shizuoka Bank, Ltd.
  • Ticker: SHZU.Y
  • Exchange: OTCPK
  • Founded: 1943
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: JP¥405.176b
  • Listing Market Cap: JP¥3.838b
  • Shares outstanding: 573.90m
  • Website: https://www.shizuokabank.co.jp

Number of Employees


Location

  • The Shizuoka Bank, Ltd.
  • 2-1, Kusanagi-Kita
  • Shimizu-ku
  • Shizuoka
  • Shizuoka
  • 424-8677
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SZKB.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
8355TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
SHZU.YOTCPK (Pink Sheets LLC)ADRUSUSDMay 1992

Biography

The Shizuoka Bank, Ltd., a regional bank, provides various banking products and services. The company’s deposit products include current deposits, savings deposits, deposits at notice, time deposits, negot ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:45
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.