Shiga Bank, Ltd. (JP:8366)
:8366
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Shiga Bank, Ltd.
(8366)
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Rating:65Neutral
Price Target:
¥8,708.00
▲(14.13% Upside)
Action:DowngradedDate:02/11/26
The score is driven primarily by solid operating performance (revenue growth and strong net margin) but tempered by elevated leverage, modest ROE, and weak operating cash-flow conversion. Technicals are bullish with strong trend and MACD support, though momentum is stretched (high RSI/Stoch). Valuation is only average with a P/E around 20 and a modest dividend yield.
Positive Factors
Revenue growth and solid net margin
Sustained revenue growth with a 15.31% net margin indicates the core banking business earns healthy spreads and fees. Over 2–6 months this underpins earnings resilience, funds loan origination and reserve building, and supports ongoing profitability despite cyclical pressures.
Negative Factors
Elevated leverage
High debt-to-equity increases balance-sheet sensitivity to credit losses and interest-rate moves. Over time this constrains capital flexibility, may require higher provisioning or capital raises, and limits the bank's ability to expand lending without worsening leverage metrics.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth and solid net margin
Sustained revenue growth with a 15.31% net margin indicates the core banking business earns healthy spreads and fees. Over 2–6 months this underpins earnings resilience, funds loan origination and reserve building, and supports ongoing profitability despite cyclical pressures.
Read all positive factors
Shiga Bank, Ltd. (8366) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥450.55B
Dividend Yield1.5%
Average Volume (3M)133.87K
Price to Earnings (P/E)14.8
Beta (1Y)1.16
Revenue Growth15.79%
EPS Growth78.27%
CountryJP
Employees2,154
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)24.33
Shares Outstanding240,450,410
10 Day Avg. Volume131,030
30 Day Avg. Volume133,873
Financial Highlights & Ratios
PEG Ratio0.70
Price to Book (P/B)0.55
Price to Sales (P/S)1.72
P/FCF Ratio0.00
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)119.78
Revenue Forecast (FY)¥184.10B
Shiga Bank, Ltd. Business Overview & Revenue Model
Company Description
The Shiga Bank, Ltd. provides various banking products and services in Japan and internationally. The company accepts various deposits products, including current, ordinary, notice, time, and other deposits, as well as negotiable certificates of d...
How the Company Makes Money
Shiga Bank generates revenue primarily through the interest income earned from its lending activities. The bank issues various types of loans, including personal loans, business loans, and mortgages, which are charged interest. Additionally, it ea...
Shiga Bank, Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
65
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 142.44B | 142.99B | 120.44B | 113.52B | 93.75B | 84.26B |
| Gross Profit | 118.72B | 115.24B | 98.44B | 103.25B | 89.19B | 73.23B |
| EBITDA | 26.85B | 27.75B | 26.14B | 22.01B | 25.66B | 15.50B |
| Net Income | 19.75B | 18.72B | 15.94B | 14.86B | 17.71B | 11.45B |
Balance Sheet | ||||||
| Total Assets | 7.64T | 7.53T | 7.97T | 7.31T | 7.54T | 7.79T |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 898.94B | 1.36T | 1.20T | 1.75T | 2.01T |
| Total Debt | 1.27T | 1.21T | 1.47T | 776.55B | 1.27T | 2.20T |
| Total Liabilities | 7.18T | 7.08T | 7.48T | 6.86T | 7.07T | 7.30T |
| Stockholders Equity | 456.91B | 444.81B | 490.89B | 441.22B | 464.21B | 495.47B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 0.00 | 368.47B | -488.52B | 0.00 | 1.24T |
| Operating Cash Flow | 0.00 | 0.00 | 369.60B | -483.43B | 0.00 | 1.24T |
| Investing Cash Flow | 0.00 | -47.63B | -288.59B | -57.99B | 21.82B | -126.66B |
| Financing Cash Flow | 0.00 | -381.21B | 565.53B | -7.95B | 200.07B | -34.34B |
Shiga Bank, Ltd. Technical Analysis
Positive
7630.00
Price Trends
1724.66
Positive
1574.18
Positive
1407.81
Positive
Market Momentum
56.44
Negative
60.88
Neutral
78.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8366, the sentiment is Positive. The current price of 7630 is above the 20-day moving average (MA) of 1767.03, above the 50-day MA of 1724.66, and above the 200-day MA of 1407.81, indicating a bullish trend. The MACD of 56.44 indicates Negative momentum. The RSI at 60.88 is Neutral, neither overbought nor oversold. The STOCH value of 78.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8366.
Shiga Bank, Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥329.60B | 9.60 | ― | 2.94% | 1.91% | 9.73% | |
76 Outperform | ¥399.34B | 9.10 | 8.52% | 2.12% | 22.44% | 59.32% | |
68 Neutral | ¥264.32B | 9.68 | ― | 2.27% | 2.68% | 74.80% | |
68 Neutral | ¥400.66B | 11.65 | 3.95% | 2.19% | 9.29% | 28.34% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | ¥450.55B | 14.75 | ― | 1.50% | 15.79% | 78.27% | |
65 Neutral | ¥242.87B | 8.20 | ― | 3.46% | 11.92% | 16.40% |
* Financial Sector Average
JP:8366
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Shiga Bank, Ltd. Corporate Events
Shiga Bank Completes Nearly Full JPY 2.5 Billion Share Buyback
Feb 13, 2026
The Shiga Bank has completed a share buyback program authorized under its Articles of Incorporation and the Companies Act, acquiring 116,300 common shares between February 1 and February 12, 2026, via market purchases on the Tokyo Stock Exchange. ...
Shiga Bank Reports Stable Basel III Capital Ratios at End-2025
Feb 10, 2026
The Shiga Bank has disclosed its capital ratios as of December 31, 2025, calculated under the Basel III international standards on both a consolidated and non‑consolidated basis. The figures show total capital, Tier 1 capital and common equi...
Shiga Bank Reports Progress on ¥2.5 Billion Share Buyback Program
Feb 2, 2026
The Shiga Bank, Ltd. has disclosed progress on its ongoing share repurchase program, acquiring 182,200 shares of its common stock for approximately ¥1.5 billion between January 30 and 31, 2026 through off-auction and market purchases on the T...
Shiga Bank Executes ¥1.5 Billion Share Buyback Under Ongoing Repurchase Program
Jan 30, 2026
The Shiga Bank, Ltd., a regional commercial bank based in Japan and listed on the TSE Prime Market, focuses on providing deposit, lending, and other financial services to local retail and corporate clients in Shiga Prefecture and surrounding areas...
Shiga Bank Launches Targeted Share Buyback via ToSTNeT-3
Jan 29, 2026
The Shiga Bank, Ltd. has resolved to repurchase up to 182,200 shares of its common stock, representing about 0.39% of its outstanding shares (excluding treasury stock), through the Tokyo Stock Exchange’s ToSTNeT-3 off-auction own share repur...
Shiga Bank Adjusts Stock Split Figures After Treasury Share Cancellation
Jan 29, 2026
The Shiga Bank, Ltd. has announced a revision to its previously disclosed stock split plan following a decision by its board of directors on January 29, 2026, to cancel 5,000,000 treasury shares effective February 27, 2026. As a result of this can...
Shiga Bank to Retire 5 Million Shares, Cutting Float by Over 9%
Jan 29, 2026
The Shiga Bank, Ltd. has resolved to retire 5,000,000 shares of its own common stock, representing 9.41% of its issued shares prior to retirement, with the retirement scheduled for February 27, 2026. Following this transaction, the bank’s to...
Shiga Bank Launches ¥2.5 Billion Share Buyback to Boost Shareholder Returns
Jan 29, 2026
The Shiga Bank, Ltd. has approved a share buyback program aimed at enhancing shareholder value by returning capital to investors. The bank plans to repurchase up to 417,000 shares, equivalent to approximately 0.90% of its outstanding shares exclud...
Shiga Bank Delivers Strong Nine-Month Earnings and Lifts Annual Dividend Plan
Jan 29, 2026
For the nine months ended December 31, 2025, Shiga Bank reported strong consolidated results under Japanese GAAP, with ordinary income up 29.5% year on year to ¥119.3 billion and ordinary profit surging 51.5% to ¥23.4 billion, while prof...
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.