Shiga Bank Ltd 8366
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 3,995.00
- Day Range
- JPY 3,945.00–4,005.00
- 52-Week Range
- JPY 2,634.00–4,515.00
- Bid/Ask
- JPY 3,970.00 / JPY 3,985.00
- Market Cap
- JPY 186.78 Bil
- Volume/Avg
- 65,900 / 119,362
Key Statistics
- Price/Earnings (Normalized)
- 10.60
- Price/Sales
- 1.98
- Dividend Yield (Trailing)
- 1.96%
- Dividend Yield (Forward)
- 1.96%
- Total Yield
- 2.54%
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 strategy emphasizes regional market penetration to build and grow its current customer base. Its corporate customer acquisition strategy attempts to leverage its financial intermediary functions. Its high-net-worth client acquisition strategy 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 Value
- Total Number of Employees
- 3,244
- Website
- http://www.shigagin.com
Comparables
Valuation
|
Metric
|
8366
|
8387
|
8527
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.60 | 6.83 | 7.87 |
Price/Book Value | 0.41 | 0.29 | 0.27 |
Price/Sales | 1.98 | 0.88 | 1.27 |
Price/Cash Flow | 7.32 | — | 10.65 |
Price/Earnings
8366
8387
8527
Financial Strength
|
Metric
|
8366
|
8387
|
8527
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
8366
|
8387
|
8527
|
|---|---|---|---|
Return on Assets (Normalized) | 0.34% | 0.26% | 0.41% |
Return on Equity (Normalized) | 5.68% | 5.55% | 7.55% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
8366
8387
8527
Banks - Regional Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
BNPQY
| BNP Paribas ADR | Xyckrcyq | Zxnnb | $81.5 Bil | |
ISNPY
| Intesa Sanpaolo ADR | Vfsjbdpyx | Fkgj | $68.7 Bil | |
USB
| U.S. Bancorp | Sdgcnrbqrt | Tcbt | $64.1 Bil | |
PNC
| PNC Financial Services Group Inc | Vrxkkydt | Bgwnj | $61.3 Bil | |
ITUB
| Itau Unibanco Holding SA ADR | Vrbjbvwx | Phm | $55.3 Bil | |
TFC
| Truist Financial Corp | Dskhvsfb | Wkwwh | $50.9 Bil | |
MFG
| Mizuho Financial Group Inc ADR | Mrxlcfh | Mth | $48.5 Bil | |
LYG
| Lloyds Banking Group PLC ADR | Stvdcqq | Kbjbpjq | $41.2 Bil | |
NWG
| NatWest Group PLC ADR | Wfnw | Vspp | $33.2 Bil | |
DB
| Deutsche Bank AG | Hnswv | Dpvf | $32.0 Bil |