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Akita Bank Ltd 8343

Rating as of

Morningstar’s Analysis

Valuation
Currency in JPY
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5-Star Price

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Economic Moat

PREMIUM

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Company Profile

Business Description

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.

Contact
2-1 Sanno 3-Chome
Akita, 010-8655, Japan
T +81 188631212
Sector Financial Services
Industry Banks - Regional
Most Recent Earnings Dec 31, 2020
Fiscal Year End Mar 31, 2020
Stock Type
Employees 2,072