North Pacific Bank, Ltd. (8524) AI Stock Analysis

• Market Cap: ¥243.70B
• Dividend Yield: 3.84%
• Average Volume (3M): 2.91M
• Price to Earnings (P/E): 11.8
• Beta (1Y): 1.37
• Revenue Growth: 15.11%
• EPS Growth: 44.89%
• Country: JP
• Employees: 2,799
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 21.05
• Shares Outstanding: 378,060,180
• 10 Day Avg. Volume: 2,729,240
• 30 Day Avg. Volume: 2,906,603
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥728.00
• Price Target Upside: 9.80% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 68 Neutral
• Price Target: ¥728.00 ▲(9.80% Upside)

North Pacific Bank, Ltd. demonstrates a stable financial performance with strong revenue growth and efficient cost management. The stock's attractive valuation suggests potential for appreciation despite technical indicators warning of an overbought condition. The absence of earnings call data and corporate events does not impact the overall score.

North Pacific Bank, Ltd. Business Overview & Revenue Model

Company Description

North Pacific Bank,Ltd. provides various banking products and services for individuals and corporations in Japan. It offers deposits and negotiable certificates of deposit, as well as loans. The company also provides ATM, foreign exchange, investment trust, consultation, and trust business. As of March 31, 2021, it operated 171 branches and 3 overseas offices. The company was formerly known as Hokuyo Sogo Bank, Ltd. and changed its name to North Pacific Bank,Ltd. in 1989. North Pacific Bank,Ltd. was incorporated in 1917 and is headquartered in Sapporo, Japan.

How the Company Makes Money

North Pacific Bank, Ltd. generates revenue primarily through interest income from loans and advances to customers. This includes personal loans, mortgages, and business loans to small and medium-sized enterprises. Additionally, the bank earns significant fees and commissions from various financial services, including credit card transactions, asset management, and advisory services. The bank also benefits from investment income, derived from its investment portfolio, which includes securities and other financial instruments. Strategic partnerships with other financial institutions and technology companies further enhance its service offerings and contribute to its revenue streams. The bank's focus on the Hokkaido region allows it to maintain a strong customer base, leveraging local market knowledge to drive profitability.

North Pacific Bank, Ltd. Financial Statement Overview

Summary

North Pacific Bank exhibits robust growth in revenue and operational efficiency. While the balance sheet remains stable with a prudent capital structure, cash flow management requires attention due to recent inconsistencies. Continued focus on maintaining strong profit margins and effective cash flow management will be essential for sustaining long-term financial health.

Income Statement

North Pacific Bank shows a solid revenue growth trend with a notable increase from ¥112,099 billion in 2022 to ¥135,732 billion in TTM (Trailing-Twelve-Months) 2024. The gross profit margin remains high, indicating efficient cost management. However, the net profit margin has seen fluctuations, suggesting volatility in non-operating expenses or taxes. The EBIT and EBITDA margins demonstrate strong operational efficiency, but the inconsistency in EBITDA figures warrants attention.

Balance Sheet

The bank maintains a healthy equity ratio, reflecting a solid capital structure. The debt-to-equity ratio is manageable, though it has shown some variability over the periods. The return on equity (ROE) is commendable but shows slight fluctuations, which could be due to changes in net income and equity levels. Overall, the balance sheet reflects stability, but attention to debt levels is recommended.

Cash Flow

Cash flow analysis indicates mixed performance with a significant drop in operating cash flow from 2022 to TTM 2024. The free cash flow has experienced fluctuations, and recent figures are unavailable for TTM 2024, complicating a full assessment. The cash flow to net income ratios had previously shown strength but need monitoring due to recent volatility.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	137.12B	142.41B	119.60B	113.76B	112.10B	122.42B
Gross Profit	135.66B	0.00	119.60B	113.76B	112.10B	122.42B
EBITDA	17.41B	23.14B	28.03B	23.25B	25.20B	22.03B
Net Income	15.39B	20.61B	12.83B	9.65B	11.76B	9.42B
Balance Sheet
Total Assets	13.18T	13.45T	13.24T	12.52T	13.54T	11.86T
Cash, Cash Equivalents and Short-Term Investments	2.40T	0.00	3.06T	2.80T	4.34T	2.63T
Total Debt	919.17B	1.70T	1.53T	941.78B	2.00T	1.03T
Total Liabilities	12.76T	13.06T	12.80T	12.11T	13.12T	11.42T
Stockholders Equity	411.80B	380.48B	442.68B	403.35B	416.81B	436.05B
Cash Flow
Free Cash Flow	0.00	33.66B	983.81B	-1.37T	1.73T	1.16T
Operating Cash Flow	0.00	39.05B	988.14B	-1.36T	1.74T	1.17T
Investing Cash Flow	0.00	-688.04B	-703.01B	-172.00B	-16.14B	-171.64B
Financing Cash Flow	0.00	243.93B	-19.16B	-4.82B	-4.03B	-32.28B

North Pacific Bank, Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 663.00
• 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:8524, the sentiment is Positive. The current price of 663 is above the 20-day moving average (MA) of 642.95, above the 50-day MA of 604.20, and above the 200-day MA of 499.97, indicating a bullish trend. The MACD of 16.64 indicates Positive momentum. The RSI at 65.70 is Neutral, neither overbought nor oversold. The STOCH value of 72.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8524.

North Pacific Bank, Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8524	68 Neutral	¥243.70B	11.85		3.84%	15.11%	44.89%
Sector *	68 Neutral	$17.48B	11.72	10.44%	3.82%	10.01%	1.29%
HYKUF	―	$1.36B	11.94	3.62%	3.41%	―	―
KIYOF	―	$887.67M	―	8.71%	―	―	―
SRGBF	―	$1.91B	14.62	6.41%	―	―	―
7173	72 Outperform	¥194.13B	6.35		2.50%	10.75%	16.98%
7380	67 Neutral	¥201.86B	9.41		3.33%	-3.29%	3.26%

North Pacific Bank, Ltd. Corporate Events

North Pacific Bank Revises Stock Compensation Plan to Enhance Sustainability

North Pacific Bank, Ltd. announced a revision to its performance-linked stock compensation plan for directors and executive officers, aiming to align their remuneration with the bank’s business performance and shareholder value. The revision includes the addition of non-financial indicators to promote sustainability and corporate value enhancement, reflecting the bank’s commitment to sustainable growth and operational efficiency.

North Pacific Bank Announces Board Restructuring

North Pacific Bank, Ltd. announced changes to its board of directors, effective June 26, 2025. These changes include the appointment of Shirou Kurio as a new director and audit and supervisory committee member, reflecting the bank’s commitment to strengthening its governance structure. The restructured board aims to enhance strategic oversight and operational efficiency, potentially impacting the bank’s market positioning and stakeholder relations positively.