Tsukuba Bank, Ltd. (8338) AI Stock Analysis

• Market Cap: ¥34.25B
• Dividend Yield: 1.24%
• Average Volume (3M): 858.69K
• Price to Earnings (P/E): 5.7
• Beta (1Y): 1.42
• Revenue Growth: 8.45%
• EPS Growth: 168.74%
• Country: JP
• Employees: 1,335
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 24.99
• Shares Outstanding: 82,553,720
• 10 Day Avg. Volume: 901,940
• 30 Day Avg. Volume: 858,693
• PEG Ratio: 0.06
• Price to Book (P/B): 0.23
• Price to Sales (P/S): 0.58
• P/FCF Ratio: -2.25
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: ¥390.00 ▼(-3.23% Downside)

The overall stock score is driven by strong technical indicators and attractive valuation, despite mixed financial performance. The stock's bullish momentum and low P/E ratio are significant positives, while financial challenges such as negative revenue growth and cash flow issues are notable risks.

Positive Factors

Strong Gross Margins

Strong gross margins suggest the bank is effectively managing its costs, which can contribute to sustained profitability and competitive pricing.

Stable Equity Base

A stable equity base provides financial resilience and supports long-term growth, enabling the bank to withstand economic fluctuations.

Revenue Growth

Positive revenue growth indicates expanding business operations and market presence, enhancing the bank's ability to generate future earnings.

Negative Factors

Negative Cash Flows

Negative cash flows can limit the bank's ability to invest in growth opportunities and meet financial obligations, impacting long-term viability.

Rising Leverage

Increasing leverage can strain financial resources and elevate risk, potentially affecting the bank's ability to navigate economic downturns.

Declining Net Profit Margin

A declining net profit margin suggests challenges in maintaining profitability, which could hinder the bank's ability to reinvest in its operations.

Tsukuba Bank, Ltd. Business Overview & Revenue Model

Company Description

Tsukuba Bank, Ltd. provides various banking products and services primarily in Ibaraki prefecture in Japan. It offers deposits and loans; insurance; and asset management and other services. It operates through a network of 149 branches in Japan. The company was formerly known as Ibaraki Mutual Bank, Ltd. and changed its name to Tsukuba Bank, Ltd. in 1989. Tsukuba Bank, Ltd. was incorporated in 1952 and is headquartered in Tsukuba, Japan.

How the Company Makes Money

Tsukuba Bank generates revenue primarily through interest income from loans and advances, which constitutes its main revenue stream. The bank lends money to individuals and businesses, charging interest on these loans. Additionally, the bank earns fees from various services such as account maintenance, transaction processing, and investment advisory services. The bank also generates income through its treasury operations, including trading in securities and foreign exchange. Partnerships with local businesses and government entities help to enhance its product offerings and attract more customers, contributing to its overall earnings.

Tsukuba Bank, Ltd. Financial Statement Overview

Summary

The financial performance is mixed, with strong gross margins and a stable equity base. However, challenges include negative revenue growth, cash flow management issues, and increasing leverage, which pose risks to long-term stability.

Income Statement

The income statement shows a mixed performance. The gross profit margin remains strong, indicating effective cost management. However, the net profit margin has seen fluctuations, with a recent decline due to a drop in revenue. The revenue growth rate has been negative in the latest period, reflecting challenges in maintaining top-line growth. EBIT and EBITDA margins have also shown volatility, suggesting potential operational inefficiencies.

Balance Sheet

The balance sheet reflects a stable equity base with a moderate debt-to-equity ratio, although it has increased over time, indicating rising leverage. Return on equity is relatively low, suggesting limited profitability from equity investments. The equity ratio is healthy, showing a solid asset base supported by equity.

Cash Flow

Cash flow analysis reveals concerns with negative operating and free cash flows in the latest period, indicating cash management issues. The free cash flow to net income ratio is positive, suggesting some ability to convert earnings into cash, but the negative growth in free cash flow is a red flag. The operating cash flow to net income ratio is negative, highlighting potential cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	36.52B	35.66B	36.26B	32.79B	32.46B	31.68B
Gross Profit	36.52B	33.80B	35.49B	31.97B	32.00B	31.04B
EBITDA	5.27B	6.61B	4.63B	4.09B	6.74B	4.27B
Net Income	4.45B	4.10B	2.19B	2.10B	4.23B	1.76B
Balance Sheet
Total Assets	2.89T	2.89T	2.85T	2.77T	2.96T	2.70T
Cash, Cash Equivalents and Short-Term Investments	0.00	307.35B	351.61B	334.87B	524.84B	357.13B
Total Debt	155.30B	143.30B	138.30B	128.30B	369.00B	158.00B
Total Liabilities	2.79T	2.80T	2.76T	2.68T	2.86T	2.59T
Stockholders Equity	98.14B	91.75B	97.14B	91.02B	104.10B	112.31B
Cash Flow
Free Cash Flow	0.00	-9.17B	11.82B	-263.47B	218.45B	172.86B
Operating Cash Flow	0.00	-8.80B	12.61B	-261.93B	220.00B	174.18B
Investing Cash Flow	0.00	-86.31B	18.44B	59.37B	-34.66B	-30.96B
Financing Cash Flow	0.00	39.01B	-464.00M	-431.00M	-424.00M	151.61B

Tsukuba Bank, Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 403.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8338, the sentiment is Positive. The current price of 403 is above the 20-day moving average (MA) of 389.75, above the 50-day MA of 345.74, and above the 200-day MA of 276.98, indicating a bullish trend. The MACD of 20.43 indicates Positive momentum. The RSI at 58.75 is Neutral, neither overbought nor oversold. The STOCH value of 43.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8338.

Tsukuba Bank, Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8558	78 Outperform	¥36.76B	5.62	―	3.01%	16.42%	119.62%
8551	75 Outperform	¥34.99B	9.19	―	3.38%	22.26%	-12.68%
8338	72 Outperform	¥34.25B	5.75	―	1.24%	8.45%	168.74%
8537	71 Outperform	¥18.25B	8.38	―	3.62%	16.60%	-5.51%
8364	68 Neutral	¥25.63B	11.71	―	2.71%	4.90%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8542	64 Neutral	¥16.70B	9.82	―	3.43%	3.70%	24.98%

Tsukuba Bank, Ltd. Corporate Events

Tsukuba Bank Reports Robust Financial Growth for H1 2025

Tsukuba Bank reported a significant increase in its financial performance for the six months ended September 30, 2025, with ordinary income rising by 17.9% and ordinary profit surging by 84.5% compared to the previous year. The bank’s strong results indicate a positive trajectory in its financial health, potentially enhancing its market position and providing value to its stakeholders.

Tsukuba Bank Revises Financial Forecasts Upward Amid Strong Performance

Tsukuba Bank, Ltd. has revised its financial results forecast for the six months ended September 30, 2025, significantly increasing its expectations for ordinary profit and net income due to higher interest on loans and lower credit-related costs. The bank anticipates a year-on-year increase in ordinary income by over 10%, reflecting improved business performance and strategic financial management.

Tsukuba Bank’s Management Enhancement Plan Approved by Financial Services Agency

Tsukuba Bank, Ltd. announced that the Financial Services Agency has approved its Management Enhancement Plan, which aims to strengthen the bank’s financial functions over a three-year period starting April 2025. The plan includes promoting financing for local SMEs, supporting business turnarounds, and providing risk-based financing, which is expected to enhance corporate value and contribute to local economic growth.