Bank of Saga Ltd. (JP:8395)
:8395
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Bank of Saga Ltd.
(8395)
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Rating:68Neutral
Price Target:
¥5,744.00
▲(33.58% Upside)
Action:ReiteratedDate:03/06/26
The score is driven primarily by solid but mixed financial performance (healthy margins and improving leverage offset by negative revenue growth and cash-flow volatility). Technicals add modest caution due to near-term weakness versus the 20-day average, while valuation (low P/E and moderate yield) provides a meaningful positive offset.
Positive Factors
Diversified retail banking model
Bank of Saga’s core retail and SME focus with multiple income streams (interest, fees, investment income) provides structural revenue diversification. This business mix supports steady net interest income and fee resilience across economic cycles, aiding longer-term earnings stability and customer stickiness.
Negative Factors
Negative revenue growth in 2025
A decline in top-line growth in 2025 signals structural pressure on volume or pricing for loans and services. Persistent or recurring revenue contraction would limit scale economies, constrain margin expansion, and reduce the bank’s ability to generate incremental earnings needed to fund dividends and organic capital build.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified retail banking model
Bank of Saga’s core retail and SME focus with multiple income streams (interest, fees, investment income) provides structural revenue diversification. This business mix supports steady net interest income and fee resilience across economic cycles, aiding longer-term earnings stability and customer stickiness.
Read all positive factors
Bank of Saga Ltd. (8395) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥87.35B
Dividend Yield2.29%
Average Volume (3M)54.99K
Price to Earnings (P/E)7.9
Beta (1Y)1.12
Revenue Growth7.97%
EPS Growth20.44%
CountryJP
Employees1,294
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)127.48
Shares Outstanding16,935,910
10 Day Avg. Volume40,980
30 Day Avg. Volume54,986
Financial Highlights & Ratios
PEG Ratio0.26
Price to Book (P/B)0.33
Price to Sales (P/S)0.75
P/FCF Ratio1.91
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
Bank of Saga Ltd. Business Overview & Revenue Model
Company Description
The Bank of Saga Ltd. provides various banking products and services in Japan. The company offers checking accounts, savings accounts, ordinary deposits, notification deposits, time deposits, separate deposits, tax reserve deposits, non-resident y...
How the Company Makes Money
Bank of Saga Ltd. makes money mainly through traditional banking income streams. The primary source is net interest income: it pays interest on customer deposits and other funding, and earns interest on loans (e.g., corporate loans, consumer loans...
Bank of Saga Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 48.58B | 51.67B | 47.57B | 44.47B | 40.69B | 37.78B |
| Gross Profit | 48.58B | 47.91B | 44.30B | 42.01B | 40.30B | 37.34B |
| EBITDA | 7.80B | 11.71B | 8.70B | 8.41B | 7.66B | 4.93B |
| Net Income | 6.26B | 7.50B | 6.22B | 5.49B | 4.08B | 2.46B |
Balance Sheet | ||||||
| Total Assets | 3.26T | 3.18T | 3.16T | 3.01T | 3.16T | 3.05T |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 270.96B | 201.84B | 72.97B | 301.83B | 377.50B |
| Total Debt | 78.69B | 45.20B | 110.51B | 74.77B | 208.39B | 168.55B |
| Total Liabilities | 3.14T | 3.06T | 3.04T | 2.90T | 3.05T | 2.92T |
| Stockholders Equity | 119.52B | 116.37B | 122.56B | 108.76B | 115.78B | 126.41B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 20.36B | -26.20B | -190.17B | -4.59B | 0.00 |
| Operating Cash Flow | 0.00 | 22.94B | -24.61B | -188.82B | -3.58B | 0.00 |
| Investing Cash Flow | 0.00 | 95.41B | 14.54B | -43.72B | -67.45B | -67.86B |
| Financing Cash Flow | 0.00 | 18.00B | 143.86B | -1.18B | 86.57B | 324.17B |
Bank of Saga Ltd. Technical Analysis
Positive
4300.00
Price Trends
4800.94
Positive
4311.21
Positive
3524.01
Positive
Market Momentum
88.77
Negative
63.04
Neutral
80.88
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8395, the sentiment is Positive. The current price of 4300 is below the 20-day moving average (MA) of 4800.56, below the 50-day MA of 4800.94, and above the 200-day MA of 3524.01, indicating a bullish trend. The MACD of 88.77 indicates Negative momentum. The RSI at 63.04 is Neutral, neither overbought nor oversold. The STOCH value of 80.88 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8395.
Bank of Saga Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥103.21B | 1.54 | ― | 3.05% | 8.75% | -12.68% | |
71 Outperform | ¥83.36B | 5.15 | ― | 2.49% | 7.08% | -46.44% | |
69 Neutral | ¥66.50B | 6.31 | ― | 2.34% | -0.97% | 27.62% | |
68 Neutral | ¥87.35B | 7.94 | ― | 2.29% | 7.97% | 20.44% | |
68 Neutral | ¥81.69B | 10.96 | ― | 2.89% | -0.24% | 95.49% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
60 Neutral | ¥95.90B | 7.75 | ― | 3.35% | 15.96% | 81.27% |
* Financial Sector Average
JP:8395
Bank of Saga Ltd.
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203.85%
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Bank of Saga Ltd. Corporate Events
Bank of Saga Books ¥12 Billion Gain From Exit of Hisamitsu Stake
Feb 20, 2026
The Bank of Saga Ltd. has sold all 2,356,000 common shares it held in Hisamitsu Pharmaceutical Co., Inc. into a tender offer conducted by TAIYO KOSAN CO., INC., at a price of ¥6,082 per share. The transaction, to be settled on February 27, 20...
Bank of Saga Lifts Nine-Month Profit and Hikes Dividend Forecast
Feb 9, 2026
The Bank of Saga reported consolidated ordinary income of ¥44.2 billion for the nine months ended December 31, 2025, up 3.9% year on year, with ordinary profit rising 13.6% to ¥10.0 billion. Profit attributable to owners of parent climbe...
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.