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The Shizuoka Bank, Ltd is currently in a long term uptrend where the price is trading 2.0% above its 200 day moving average.
From a valuation standpoint, the stock is 22.4% more expensive than other stocks from the Financial Services sector with a price to sales ratio of 3.0.
The Shizuoka Bank, Ltd's total revenue rose by 11.2% to $43B since the same quarter in the previous year.
Its net income has increased by 23.3% to $12B since the same quarter in the previous year.
Based on the above factors, The Shizuoka Bank, Ltd gets an overall score of 3/5.
Industry | Banks - Regional |
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Exchange | TSE |
CurrencyCode | JPY |
ISIN | JP3351200005 |
Sector | Financial Services |
Market Cap | 502B |
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PE Ratio | 12.42 |
Target Price | 927.5 |
Dividend Yield | 3.0% |
Beta | 0.36 |
The Shizuoka Bank, Ltd., together with its subsidiaries, provides various banking products and services. The company operates through Banking Operations and Leasing Operations segments. It engages in the banking business centered on deposits, loans, investment securities, and exchange transactions. The company is also involved in the lease transactions centered on finance leases. In addition, it offers corporate and financial management advisory, and bill collection services; computer system development and operation, fee-based job placement, and general administration services. Further, the company engages in the guarantee of housing loans and consumer loans, etc.; purchase of monetary receivables; appraisal of real estate for loan collateral; operation of centers for loans, remittance, and bill collection; and making, printing, and binding of various documents. Additionally, it offers credit cards services; public-offering assistance support services for corporate rehabilitation; part-time employee management services; and finance and securities-related services. As of July 1, 2022, the company operated through a network of head office and 177 branches, and 25 sub-branches in Japan; 1 branch in New York and a representative office in Silicon Valley; and 2 branches in Hong Kong and Singapore, and 1 representative office in Shanghai. The Shizuoka Bank, Ltd. was founded in 1943 and is headquartered in Shizuoka, Japan.
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