Akita Bank Ltd 8343
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- —
- Day Range
- —–—
- 52-Week Range
- —–—
- Bid/Ask
- — / —
- Market Cap
- —
- Volume/Avg
- — / —
Key Statistics
- Price/Earnings (Normalized)
- 8.19
- Price/Sales
- 0.95
- Dividend Yield (Trailing)
- 4.14%
- Dividend Yield (Forward)
- 4.14%
- Total Yield
- 4.14%
Company Profile
Akita Bank Ltd is the banking subsidiary of the Akita Bank Group, which is composed of a Japanese regional bank and five consolidated subsidiaries operating primarily in the Akita Prefecture. The bank's strategy emphasizes regional market penetration to drive profitability. The group offers various financial services, principally banking. In addition, it offers leasing, consulting, guarantee services, and credit card services. Just over half of its earning assets are in loans and bills discounted, followed in size by securities. Most of the group's income is generated through net interest income, followed by fees and commissions.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 1,821
- Website
- http://www.akita-bank.co.jp
Comparables
Valuation
|
Metric
|
8343
|
8392
|
8367
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.19 | 7.30 | 76.68 |
Price/Book Value | 0.22 | 0.22 | 0.32 |
Price/Sales | 0.95 | 0.74 | 1.46 |
Price/Cash Flow | 8.27 | 2.81 | 6.97 |
Price/Earnings
8343
8392
8367
Financial Strength
|
Metric
|
8343
|
8392
|
8367
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
8343
|
8392
|
8367
|
|---|---|---|---|
Return on Assets (Normalized) | 0.18% | 0.20% | 0.25% |
Return on Equity (Normalized) | 4.18% | 4.56% | 5.98% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
8343
8392
8367
Banks - Regional Industry Comparables
|
1-Day Chart
|
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United States