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Hachijuni Bank ( (JP:8359) ) has shared an announcement.
The Hachijuni Bank has obtained regulatory approval under the Banking Act to merge with its wholly owned subsidiary, The Nagano Bank, on January 1, 2026, after which the integrated entity will begin operations as Hachijuni Nagano Bank, Ltd. The merged bank will be headquartered at Hachijuni Bank’s current Nagano City address, led by President Masaki Matsushita, and will have capital of ¥52.2 billion, combined deposits of ¥9,522.0 billion, loans of ¥6,577.6 billion, a workforce of 3,957 employees and 117 domestic branches, marking a significant consolidation of regional banking operations that is expected to reinforce its scale and competitiveness in the local financial market.
The most recent analyst rating on (JP:8359) stock is a Buy with a Yen1816.00 price target. To see the full list of analyst forecasts on Hachijuni Bank stock, see the JP:8359 Stock Forecast page.
More about Hachijuni Bank
The Hachijuni Bank, Ltd. is a regional financial institution based in Nagano Prefecture, Japan, operating in the banking industry with a focus on deposit-taking, lending and related financial services. Through its wholly owned subsidiary The Nagano Bank, Ltd., the group serves retail and corporate customers primarily in its home region, and following their integration aims to strengthen its position as a leading regional bank.
Average Trading Volume: 1,226,290
Technical Sentiment Signal: Buy
Current Market Cap: Yen775.2B
For a thorough assessment of 8359 stock, go to TipRanks’ Stock Analysis page.