Shiga Bank Ltd 8366

Morningstar Rating
¥2,532.00 −18.00 (0.71%)
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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.

Price vs Fair Value

8366 is trading at a LOCK|Wy?rHf premium.
Price
¥2,550.00
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
¥2,550.00
Day Range
¥2,518.00–2,600.00
52-Week Range
¥1,196.00–3,180.00
Bid/Ask
¥2,531.00 / ¥2,545.00
Shares Outstanding
229.88M
Market Cap
¥582.05B
Volume/Avg
857,400 / 811,411

Key Statistics

Price/Earnings (Normalized)
23.70
Price/Sales
4.45
Dividend Yield (Trailing)
1.58%
Dividend Yield (Forward)
1.97%
Dividend Payment Schedule
Jun, Dec
Total Yield
2.01%

Company Profile

Shiga Bank Ltd is a Japanese bank that has a majority of its deposit and loan portfolio targeting the Shiga prefecture. The bank's emphasizes regional market penetration to build and grow its current customer base. Its corporate customer acquisition attempts to leverage its financial intermediary functions. Its high-net-worth client acquisition emphasizes pushing trust products and inheritance tax mitigation measures such as real estate. Loans on deeds constitute an overwhelming majority of its loan portfolio. The bank's deposit base, however, is split nearly evenly between ordinary and time deposits.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Mid Growth
Total Number of Employees
3,222

Valuation

Metric
8366
Price/Earnings (Normalized)
23.70
Price/Book Value
0.90
Price/Sales
4.45
Price/Cash Flow
16.47
Price/Earnings
8366

Financial Strength

Metric
8366
Quick Ratio
—
Current Ratio
—
Interest Coverage
—
Quick Ratio
No chart available

Profitability

Metric
8366
Return on Assets (Normalized)
0.44%
Return on Equity (Normalized)
6.55%
Return on Invested Capital (Normalized)
—
Return on Assets
8366

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