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The Gunma Bank, Ltd is currently in a long term downtrend where the price is trading 2.3% below its 200 day moving average.
From a valuation standpoint, the stock is 46.9% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.3.
The Gunma Bank, Ltd's total revenue sank by 5.6% to $32B since the same quarter in the previous year.
Its net income has dropped by 27.8% to $6B since the same quarter in the previous year.
Based on the above factors, The Gunma Bank, Ltd gets an overall score of 1/5.
| Sector | Financial Services |
|---|---|
| Industry | Banks - Regional |
| ISIN | JP3276400003 |
| Exchange | TSE |
| CurrencyCode | JPY |
| Beta | -0.14 |
|---|---|
| Target Price | 1600 |
| Dividend Yield | 1.5% |
| Market Cap | 615B |
| PE Ratio | 12.72 |
The Gunma Bank, Ltd. provides various banking and financial services in Japan. It operates through Banking and Lease segments. The company offers current, ordinary, savings, fixed, separate, and foreign currency deposits; negotiable certificates of deposit; loans on bills and deeds, as well as overdrafts; discounts on bank acceptance, commercial bills, and documentary bills; domestic exchange transactions comprising transfers and debt collection; and foreign exchange transaction services, such as exports, imports, and foreign remittances. It also trades in public bonds, including national government bonds; and invests in government and municipal bonds, corporate bonds, stocks, and other securities for bank reserves and fund management. In addition, the company provides over-the-counter sales of national government bonds and investment trusts; leasing; services as a trustee of bonds and an issuing and paying agent; and trust services for testamentary substitute, land, real estate management, specific charitable, and charitable public trusts, as well as inheritance-related services, including testamentary trust and estate liquidation services. Further, it engages in the handling of defined contribution pension plans and commercial papers; agency services for pension trusts, non-life and life insurance, and others; and safe deposit box, securities dealing and lending, loan guarantees, financial instruments brokerage, underwriting of public bonds, and derivative transactions of interest rates and currencies. The Gunma Bank, Ltd. was founded in 1878 and is headquartered in Maebashi, Japan.
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