Yamagata Bank, Ltd. (JP:8344)
:8344
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Yamagata Bank, Ltd.
(8344)
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Rating:68Neutral
Price Target:
¥2,500.00
▲(21.36% Upside)
Action:ReiteratedDate:03/06/26
The score is primarily driven by solid financial performance with strong revenue and profitability improvement, offset by operational efficiency and cash conversion concerns. Technicals are mixed, showing a near-term pullback despite a broader uptrend. Valuation is supportive with a modest P/E and a moderate dividend yield.
Positive Factors
Revenue Growth
Sustained revenue growth (12.26% year) indicates durable demand for lending and fee services in the bank's regional franchise. Over the next 2-6 months this trend supports core net interest and fee income stability, underpins internal capital generation and funds strategic initiatives.
Negative Factors
Weak Operating Cash Conversion
A low operating cash flow to net income ratio suggests that reported profits are not fully converting into operating cash. Over several months this can strain liquidity for lending growth, require higher reliance on short-term funding, and reduce the cushion for shocks or capital buildup.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained revenue growth (12.26% year) indicates durable demand for lending and fee services in the bank's regional franchise. Over the next 2-6 months this trend supports core net interest and fee income stability, underpins internal capital generation and funds strategic initiatives.
Read all positive factors
Yamagata Bank, Ltd. (8344) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥76.80B
Dividend Yield2.89%
Average Volume (3M)70.19K
Price to Earnings (P/E)11.0
Beta (1Y)0.96
Revenue Growth-0.24%
EPS Growth95.49%
CountryJP
Employees1,175
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)44.12
Shares Outstanding32,216,114
10 Day Avg. Volume71,230
30 Day Avg. Volume70,193
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.33
Price to Sales (P/S)0.89
P/FCF Ratio6.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 secu...
How the Company Makes Money
Yamagata Bank makes money primarily through banking intermediation and fee-based services. The largest driver is net interest income: the bank collects deposits and other funding (paying interest and incurring funding costs) and uses those funds t...
Yamagata Bank, Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
68
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
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 | 545.66B | 525.28B |
| 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 | 0.00 | -471.44B | 445.89B | 438.09B |
| Operating Cash Flow | 0.00 | 10.25B | 0.00 | -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
Positive
2060.00
Price Trends
2439.80
Positive
2149.43
Positive
1853.05
Positive
Market Momentum
-15.66
Positive
51.27
Neutral
77.83
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 2060 is below the 20-day moving average (MA) of 2476.20, below the 50-day MA of 2439.80, and above the 200-day MA of 1853.05, indicating a bullish trend. The MACD of -15.66 indicates Positive momentum. The RSI at 51.27 is Neutral, neither overbought nor oversold. The STOCH value of 77.83 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
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥151.79B | 8.04 | 3.68% | 2.26% | 9.34% | 20.61% | |
72 Outperform | ¥161.46B | 7.55 | ― | 2.29% | 13.93% | 54.44% | |
69 Neutral | ¥170.43B | 9.79 | ― | 2.56% | 17.66% | 49.06% | |
68 Neutral | ¥76.80B | 10.96 | ― | 2.89% | -0.24% | 95.49% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | ¥170.89B | 9.13 | ― | 2.23% | 29.06% | 40.95% | |
60 Neutral | ¥92.15B | 7.75 | ― | 3.35% | 15.96% | 81.27% |
* Financial Sector Average
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Yamagata Bank, Ltd. Corporate Events
Yamagata Bank Reports Slight Decline in Capital Adequacy Ratios for Third Quarter FY2025
Feb 16, 2026
The Yamagata Bank, Ltd., a regional lender listed on the Tokyo Stock Exchange, reported its capital adequacy metrics for the end of the third quarter of the fiscal year ending March 31, 2026. The figures cover both consolidated and non-consolidate...
Yamagata Bank Completes ¥1.2 Billion Share Buyback to Boost Capital Efficiency
Feb 12, 2026
The Yamagata Bank, Ltd. has completed a share buyback aimed at enhancing shareholder returns by improving capital efficiency, underscoring management’s focus on capital allocation. The bank repurchased 449,100 common shares, equivalent to 1....
Yamagata Bank Launches ¥1.2 Billion Share Buyback via ToSTNeT-3
Feb 10, 2026
The Yamagata Bank, Ltd. has resolved to repurchase up to 449,100 of its common shares, equivalent to 1.43% of its outstanding shares excluding treasury stock, via the Tokyo Stock Exchange’s off-auction own share repurchase system (ToSTNeT-3)...
Yamagata Bank to Repurchase Up to 1.2 Billion Yen in Shares
Feb 9, 2026
The Yamagata Bank, Ltd., a regional lender listed on the Tokyo Stock Exchange Prime Market, provides commercial banking services including deposits and loans to customers in its core operating area. As a regional financial institution, it plays a ...
Yamagata Bank Raises Dividend Payout Target and Adopts Progressive Policy
Feb 9, 2026
The Yamagata Bank has revised its shareholder return policy, raising its target dividend payout ratio from at least 35% to 40% of profit attributable to owners of the parent, and adopting a progressive dividend policy that prioritizes stable and i...
Yamagata Bank Lifts FY2026 Earnings Outlook and Sharply Increases Dividend Forecast
Feb 9, 2026
The Yamagata Bank has raised its full-year forecast for the fiscal year ending March 31, 2026, reflecting stronger-than-expected net interest income driven mainly by higher interest and dividend income on securities. Consolidated ordinary income i...
Yamagata Bank Lifts Earnings Outlook and Dividend on Strong Nine-Month Results
Feb 9, 2026
Yamagata Bank reported strong consolidated results for the nine months ended December 31, 2025, with ordinary income rising 16.9% year on year to ¥45.25 billion and profit attributable to owners of the parent climbing 19.7% to ¥4.10 bill...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.