Bank of Iwate Ltd 8345
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
- JPY 2,466.00
- Day Range
- JPY 2,456.00–2,484.00
- 52-Week Range
- JPY 1,992.00–2,935.00
- Bid/Ask
- JPY 2,463.00 / JPY 2,472.00
- Market Cap
- JPY 42.09 Bil
- Volume/Avg
- 22,500 / 44,375
Key Statistics
- Price/Earnings (Normalized)
- 14.10
- Price/Sales
- 1.13
- Dividend Yield (Trailing)
- 3.24%
- Dividend Yield (Forward)
- 3.24%
- Total Yield
- 5.27%
Company Profile
The Bank of Iwate is headquartered in Japan and provides financial services both in Japan and internationally. The company derives the majority of revenue providing deposit and lending services to customers. Customers include individuals, companies and governments. In addition to deposit and lending services, the company invests and trades in securities. The Bank of Iwate focuses operations in Iwate, and the Iwate Prefecture of Japan is a shareholder. The company earns the majority of revenue domestically.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 1,846
- Website
- http://www.iwatebank.co.jp
Comparables
Valuation
Metric
|
8345
|
8387
|
8386
|
---|---|---|---|
Price/Earnings (Normalized) | 14.10 | 6.83 | 6.16 |
Price/Book Value | 0.22 | 0.29 | 0.27 |
Price/Sales | 1.13 | 0.88 | 1.33 |
Price/Cash Flow | — | — | 3.50 |
Price/Earnings
8345
8387
8386
Financial Strength
Metric
|
8345
|
8387
|
8386
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
Metric
|
8345
|
8387
|
8386
|
---|---|---|---|
Return on Assets (Normalized) | 0.14% | 0.26% | 0.23% |
Return on Equity (Normalized) | 2.89% | 5.55% | 4.62% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
8345
8387
8386
Banks - Regional Industry Comparables
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Name
|
Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
|
Market Cap
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