Yamagata Bank, Ltd. (8344) AI Stock Analysis

• Market Cap: ¥56.66B
• Dividend Yield: 2.99%
• Average Volume (3M): 70.19K
• Price to Earnings (P/E): 11.6
• Beta (1Y): 0.81
• Revenue Growth: -0.24%
• EPS Growth: 95.49%
• Country: JP
• Employees: 1,175
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 35.25
• Shares Outstanding: 32,216,114
• 10 Day Avg. Volume: 71,230
• 30 Day Avg. Volume: 70,193
• PEG Ratio: 0.09
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 0.89
• P/FCF Ratio: 6.09
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: ¥1,938.00 ▲(4.42% Upside)

Yamagata Bank's stock is rated positively due to strong technical momentum and reasonable valuation. Financial performance is solid, with notable revenue and profit growth, but operational efficiency and cash flow management need improvement. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

The bank's strong revenue growth indicates successful market penetration and product adoption, supporting long-term business sustainability.

Improved Leverage

Improved leverage management enhances financial stability, reducing risk and increasing the bank's ability to invest in growth opportunities.

Net Profit Margin

An improved net profit margin indicates better cost management and pricing power, contributing to long-term financial health.

Negative Factors

Operational Efficiency

Declining margins may indicate inefficiencies or increased costs, which could impact profitability and competitiveness over time.

Cash Flow Management

Weak cash flow management can strain liquidity and limit the bank's ability to invest in growth or weather economic downturns.

Equity Ratio

A low equity ratio can increase financial risk and reduce flexibility, potentially affecting the bank's resilience to economic changes.

Yamagata Bank, Ltd. Business Overview & Revenue Model

Company Description

The Yamagata Bank, Ltd. provides various banking products and services in Japan. The company operates through Banking, Leasing, and Credit Guarantee Business segments. It is involved in deposit-taking and lending activities; and investment in securities. The company also offers exchange and leasing services. As of March 31, 2021, it operated 81 branches; and 299 ATMs. The Yamagata Bank, Ltd. was founded in 1896 and is headquartered in Yamagata, Japan.

How the Company Makes Money

Yamagata Bank generates revenue primarily through interest income from loans and advances made to customers, which constitutes a significant portion of its earnings. The bank offers various loan products, including personal loans, housing loans, and business loans, charging interest over the duration of these loans. Additionally, the bank earns fees and commissions from services such as account maintenance, fund transfers, and investment services. Other revenue streams include income from investment securities and treasury operations. The bank may also engage in partnerships with local businesses and government entities to enhance its service offerings and expand its customer base, contributing further to its financial performance.

Yamagata Bank, Ltd. Financial Statement Overview

Summary

Yamagata Bank shows strong revenue growth and improved net profit margins, indicating a positive financial trajectory. However, challenges in operational efficiency and cash flow management are noted, with declining EBIT and EBITDA margins and a low operating cash flow to net income ratio.

Income Statement

Yamagata Bank has demonstrated strong revenue growth with a 12.26% increase in the latest year, indicating a positive trajectory. The net profit margin improved significantly to 9.59%, showcasing enhanced profitability. However, the EBIT and EBITDA margins have declined, suggesting potential challenges in operational efficiency.

Balance Sheet

The bank's debt-to-equity ratio has improved to 0.88, reflecting better leverage management compared to previous years. Return on equity has also increased to 3.25%, indicating improved shareholder returns. However, the equity ratio remains relatively low, suggesting a higher reliance on debt financing.

Cash Flow

Yamagata Bank's free cash flow has shown significant growth, but the operating cash flow to net income ratio is low, indicating potential cash flow management issues. The free cash flow to net income ratio is healthy at 0.72, suggesting good cash generation relative to profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	47.83B	50.44B	52.60B	48.60B	41.55B	38.64B
Gross Profit	47.83B	45.31B	47.20B	44.88B	40.35B	37.29B
EBITDA	1.29B	8.38B	5.35B	6.88B	7.23B	5.95B
Net Income	4.43B	4.41B	2.08B	3.44B	3.40B	2.85B
Balance Sheet
Total Assets	3.23T	3.16T	3.15T	3.14T	3.54T	3.13T
Cash, Cash Equivalents and Short-Term Investments	0.00	206.59B	197.12B	249.80B	646.47B	394.59B
Total Debt	117.20B	119.01B	134.47B	133.21B	505.94B	260.06B
Total Liabilities	3.08T	3.03T	3.00T	3.01T	3.38T	2.97T
Stockholders Equity	143.60B	135.82B	143.63B	133.55B	155.46B	161.65B
Cash Flow
Free Cash Flow	0.00	7.40B	-147.49B	-471.44B	445.89B	438.09B
Operating Cash Flow	0.00	10.25B	-145.35B	-469.31B	450.23B	440.20B
Investing Cash Flow	0.00	56.97B	94.19B	75.43B	-194.68B	-132.94B
Financing Cash Flow	0.00	40.08B	12.22B	-1.21B	-1.54B	-981.00M

Yamagata Bank, Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1856.00
• 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:8344, the sentiment is Positive. The current price of 1856 is above the 20-day moving average (MA) of 1811.25, above the 50-day MA of 1721.36, and above the 200-day MA of 1512.40, indicating a bullish trend. The MACD of 34.87 indicates Positive momentum. The RSI at 60.04 is Neutral, neither overbought nor oversold. The STOCH value of 76.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8344.

Yamagata Bank, Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8387	78 Outperform	¥68.69B	10.64	―	3.17%	8.75%	-12.68%
8541	78 Outperform	¥54.66B	8.87	―	2.43%	-0.97%	27.62%
8344	74 Outperform	¥56.66B	11.59	―	2.99%	-0.24%	95.49%
8399	74 Outperform	¥76.14B	9.81	―	2.56%	9.12%	43.43%
8362	73 Outperform	¥55.73B	13.81	―	2.61%	7.08%	-46.44%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8550	56 Neutral	¥75.52B	-3.78	―	2.14%	10.91%	-1225.48%

Yamagata Bank, Ltd. Corporate Events

Yamagata Bank Reports Robust Financial Growth for H1 2025

Yamagata Bank, Ltd. reported significant financial growth for the six months ending September 30, 2025, with a 19.5% increase in ordinary income and a 36.1% rise in ordinary profit compared to the previous year. The bank’s improved financial performance highlights its strong market positioning and potential positive implications for stakeholders, as evidenced by increased dividends and a stable equity-to-asset ratio.

Yamagata Bank Revises Financial Forecasts Amid Increased Income

The Yamagata Bank, Ltd. has revised its financial results forecast for the six months ending September 30, 2025, and the fiscal year ending March 31, 2026, due to higher-than-expected net interest income and lower expenses. While the bank has increased its ordinary income forecast, it maintains its profit forecasts due to anticipated losses from reshuffling its securities portfolio.