Hachijuni Bank (8359) AI Stock Analysis

• Market Cap: ¥951.93B
• Dividend Yield: 2.87%
• Average Volume (3M): 1.12M
• Price to Earnings (P/E): 14.9
• Beta (1Y): 1.16
• Revenue Growth: 14.57%
• EPS Growth: 100.81%
• Country: JP
• Employees: 4,140
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 39.36
• Shares Outstanding: 493,767,430
• 10 Day Avg. Volume: 1,136,670
• 30 Day Avg. Volume: 1,121,530
• PEG Ratio: 0.32
• Price to Book (P/B): 0.52
• Price to Sales (P/S): 2.03
• P/FCF Ratio: 5.23
• 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): 115.75
• Revenue Forecast (FY): ¥320.70B

• Rating: 70 Outperform
• Price Target: ¥2,263.00 ▲(25.90% Upside)
• Action: Reiterated Date: 02/05/26
• Date: Action: Reiterated 02/05/26

The score is primarily driven by solid financial performance (growth and operational stability) tempered by leverage and cash-flow volatility, alongside strong bullish technicals that are currently overbought. Valuation appears broadly fair with a modest dividend yield.

Positive Factors

Sustained Revenue Growth

Revenue nearly doubled over the 2021–2025 period, showing sustained top-line expansion and strong demand for lending and fee products. Durable revenue growth improves scale economics, funds reinvestment, and supports resilience in core banking operations over a 2–6 month horizon.

Diversified Income Streams

The bank earns from net interest, fee/commission businesses, securities and FX services, providing multiple recurring cash channels. This structural diversification reduces reliance on loan margins alone and helps cushion earnings through interest-rate cycles and regional demand shifts over the medium term.

Solid Capital Base

A substantial equity base provides a durable buffer against credit losses and supports regulatory ratios and underwriting capacity. Strong capital enables continued lending and product distribution in local markets and gives management flexibility on reserves and strategic initiatives over the coming months.

Negative Factors

Rising Leverage

An increasing debt-to-equity trend raises financial leverage and interest burden risk. Continued leverage growth can constrain capital allocation, heighten regulatory scrutiny and amplify earnings volatility during adverse conditions, all of which can materially affect stability over a 2–6 month timeframe.

Volatile Operating Cash Flow

Significant fluctuations in operating cash flow, despite recent positive free cash flow, create uncertainty in internal funding for loans, dividends and reserves. Inconsistent cash generation increases reliance on securities sales or external funding, posing a durable operational risk to liquidity planning.

Regional Concentration Risk

Concentration in Nagano Prefecture and dependence on SMEs and local retail customers exposes credit and deposit pools to localized economic cycles. Limited geographic diversification raises structural sensitivity to regional downturns, affecting loan performance and deposit stability across the medium term.

Hachijuni Bank Business Overview & Revenue Model

Company Description

The Hachijuni Bank, Ltd. provides various banking products and services to individual customers, corporations, and sole proprietors. It offers foreign currency, structured, time, property, public, payment, relay, savings, and fixed deposits; housing, car, education card, remodeling, card, medical, overdraft, business, founding support, and Hachini free loans; public and private placement bonds; and life, medical, education, and fire insurance products. The company also provides credit and debit cards; pension plans; and investment trust, inheritance, internet and mobile banking, pension consultation, foreign currency reserve, payment collection, expense settlement, and management and business support services, as well as information on civil trust. It also engages in financial products brokerage business. As of March 31, 2022, the company operated 142 branches, 9 branch offices, and 221 ATMs in Japan; 1 branch in Hong Kong; and 3 representative offices in Shanghai, Bangkok, and Singapore. The Hachijuni Bank, Ltd. was founded in 1877 and is headquartered in Nagano, Japan.

How the Company Makes Money

Hachijuni Bank generates revenue primarily through interest income from loans and mortgages issued to individuals and businesses. The bank collects interest on these loans, which constitutes a significant portion of its earnings. Additionally, Hachijuni Bank earns fees from various services, including account maintenance, transaction services, and investment products. The bank also benefits from asset management services and wealth management fees. Significant partnerships with local businesses and government entities enhance its lending capabilities and provide avenues for cross-selling financial products, contributing positively to its revenue streams.

Hachijuni Bank Financial Statement Overview

Summary

Strong revenue growth and generally stable operating margins support a solid financial profile, but rising leverage and notably volatile operating cash flow reduce the score.

Income Statement

Hachijuni Bank has demonstrated solid revenue growth over the years, with a notable increase from JPY 139.69 billion in 2021 to JPY 246.18 billion in 2025. The gross profit margin remains consistently high, indicating efficiency in managing its core operations. However, the net profit margin shows some fluctuation, with a significant improvement in 2025. The EBIT and EBITDA margins have remained relatively stable, showcasing operational strength despite market challenges.

Balance Sheet

The bank maintains a strong equity base, as evidenced by a substantial stockholders' equity position, although the debt-to-equity ratio has been rising, indicating increasing leverage. This could suggest potential risks if debt levels continue to grow. The equity ratio has shown slight improvements, reflecting a balanced approach to leveraging assets.

Cash Flow

The cash flow analysis reveals a mixed picture, with the operating cash flow exhibiting significant fluctuations. The free cash flow has been positive in recent years, but the free cash flow growth rate has been inconsistent. The operating cash flow to net income ratio indicates efficient cash generation relative to profits, although the bank needs to stabilize its cash flow patterns to mitigate potential risks.

Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	216.69B	246.18B	204.95B	192.62B	145.75B	146.64B
Gross Profit	216.69B	201.46B	167.94B	174.51B	141.43B	139.77B
EBITDA	45.11B	71.05B	56.79B	40.29B	43.62B	37.66B
Net Income	52.40B	47.98B	37.07B	24.14B	26.67B	22.38B
Balance Sheet
Total Assets	13.61T	13.52T	14.83T	12.96T	13.34T	12.16T
Cash, Cash Equivalents and Short-Term Investments	0.00	3.03T	3.72T	3.60T	4.05T	2.75T
Total Debt	2.36T	2.18T	3.29T	3.05T	3.59T	2.32T
Total Liabilities	12.61T	12.55T	13.71T	12.05T	12.43T	11.25T
Stockholders Equity	999.57B	963.51B	1.11T	913.12B	909.20B	906.29B
Cash Flow
Free Cash Flow	95.73B	95.73B	-36.03B	-595.84B	801.96B	1.36T
Operating Cash Flow	105.25B	105.25B	-27.48B	-588.48B	810.18B	1.37T
Investing Cash Flow	-7.54B	-7.54B	-335.32B	163.35B	499.34B	-264.45B
Financing Cash Flow	-33.39B	241.33B	163.12B	-19.86B	381.54B	-7.24B

Hachijuni Bank Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1797.50
• 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:8359, the sentiment is Positive. The current price of 1797.5 is below the 20-day moving average (MA) of 2056.03, below the 50-day MA of 1906.15, and above the 200-day MA of 1517.08, indicating a bullish trend. The MACD of 29.57 indicates Positive momentum. The RSI at 57.52 is Neutral, neither overbought nor oversold. The STOCH value of 46.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8359.

Hachijuni Bank Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5844	71 Outperform	¥1.13T	25.65	―	2.04%	18.13%	27.43%
8359	70 Outperform	¥951.93B	14.93	5.37%	2.87%	14.57%	100.81%
8334	69 Neutral	¥860.92B	15.14	8.19%	3.14%	15.77%	27.55%
5830	69 Neutral	¥1.03T	13.90	―	2.10%	1.39%	52.58%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8354	66 Neutral	$1.31T	15.82	7.39%	3.06%	12.77%	9.22%
7167	64 Neutral	¥1.17T	17.32	―	2.00%	18.45%	41.89%

Hachijuni Bank Corporate Events

Hachijuni Nagano Bank Posts Strong Nine-Month Profit Gain and Raises Dividend Outlook

Hachijuni Nagano Bank reported strong consolidated results for the nine months ended December 31, 2025, with ordinary income rising 18.7% year on year to ¥208.9 billion and profit attributable to owners of parent surging 49.9% to ¥47.7 billion, helped by a sharp improvement in comprehensive income, which swung from a large loss in the previous year to a substantial gain. The bank’s financial position also strengthened, as total assets edged up to ¥13.6 trillion, net assets increased to ¥1.06 trillion, and its internally defined capital adequacy ratio improved to 7.7%, while management maintained full-year earnings guidance and a higher dividend trajectory, including a commemorative component, signaling confidence in earnings sustainability and offering a clearer return profile for shareholders.

The most recent analyst rating on (JP:8359) stock is a Hold with a Yen2243.00 price target. To see the full list of analyst forecasts on Hachijuni Bank stock, see the JP:8359 Stock Forecast page.

Hachijuni Nagano Bank Launches Shareholder Perks Tied to Nagano Specialties

Hachijuni Nagano Bank has approved the introduction of a new shareholder benefits program designed both to reward existing investors and attract more long-term individual shareholders. Starting with a first record date of March 31, 2026, shareholders who hold at least 500 shares and meet the continuity conditions will receive tiered rewards: a QUO prepaid card for smaller holdings and catalog gifts featuring Nagano specialty products or donation options for larger stakes. By tying the incentives to local products and social contribution choices, the bank aims to strengthen shareholder loyalty while simultaneously promoting Nagano Prefecture’s appeal and contributing to regional economic revitalization, reinforcing its role as a key local financial player.

The most recent analyst rating on (JP:8359) stock is a Buy with a Yen1792.00 price target. To see the full list of analyst forecasts on Hachijuni Bank stock, see the JP:8359 Stock Forecast page.

Hachijuni Bank Completes Merger With Nagano Bank to Form Hachijuni Nagano Bank

Hachijuni Bank and its wholly owned subsidiary The Nagano Bank have completed their merger, effective January 1, 2026, and commenced operations under the new name Hachijuni Nagano Bank, Ltd. The combined institution plans to leverage the strengths and experience of both banks to deliver more advanced financial services, tackle regional challenges, and pursue sustainable growth in partnership with the communities it serves.

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.

Hachijuni Bank Nears ¥10 Billion Cap as It Completes Treasury Share Buyback

The Hachijuni Bank has completed a share buyback program authorized by its board on May 9, 2025, acquiring 777,700 common shares between December 1 and December 25, 2025 via market purchases, at a total cost of approximately ¥1.31 billion. Cumulatively under this resolution, the bank repurchased 7,235,000 shares for about ¥9.999 billion, nearing the approved upper limit of ¥10 billion and representing 2.16% of outstanding shares (excluding treasury stock), a move that is likely to support shareholder returns and capital efficiency by reducing the bank’s free float and potentially enhancing earnings per share.

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.

Hachijuni Bank Secures Approval to Merge with Nagano Bank and Launch Hachijuni Nagano Bank

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.

Hachijuni Bank Acquires Treasury Stock to Optimize Capital Structure

Hachijuni Bank announced the acquisition of 794,900 shares of its common stock, amounting to approximately 1.24 billion yen, as part of its treasury stock acquisition plan. This move is part of a larger strategy approved by the Board of Directors to acquire up to 10 million shares, reflecting the bank’s efforts to manage its capital structure and potentially enhance shareholder value.

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.

Hachijuni Bank Introduces Restricted Stock Incentive Plan

Hachijuni Bank has announced a plan to dispose of its treasury stock as part of a new Restricted Stock Incentive Plan aimed at its Group’s Employee Shareholding Association. This initiative is designed to enhance employee benefits by allowing eligible employees to acquire restricted stock, thereby aligning their interests with the bank’s shareholders and promoting sustainable corporate value growth.

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.

Hachijuni Bank Announces Strategic Merger and Medium-term Plan

Hachijuni Bank has announced a merger with its subsidiary, The Nagano Bank, to form the Hachijuni Nagano Bank, effective January 1, 2026. This merger is part of a broader strategy outlined in their Medium-term Management Plan, which focuses on regional development, profitability, and sustainable growth. The plan includes enhancing digitalization, supporting regional industries, and investing in human capital and AI to strengthen competitiveness. The bank aims to create a prosperous future with its stakeholders, aligning with its long-term vision for 2035.

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.

Hachijuni Bank Reports Capital Ratio for September 2025

Hachijuni Bank announced its capital ratio as of September 30, 2025, showing a total capital ratio of 16.44% on a consolidated basis. This reflects a slight increase from March 2025 but a decrease from September 2024, indicating fluctuations in its capital adequacy over the year. The announcement highlights the bank’s ongoing efforts to manage its financial stability and risk-weighted assets, which are crucial for maintaining investor confidence and regulatory compliance.

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.