North Pacific Bank, Ltd. (JP:8524)
:8524
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North Pacific Bank, Ltd.
(8524)
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Rating:72Outperform
Price Target:
¥1,038.00
▲(44.77% Upside)
Action:ReiteratedDate:02/21/26
The score is driven primarily by solid financial performance (strong revenue growth and high gross margin), tempered by a significant free cash flow drop. Technicals are supportive with a clear uptrend and positive MACD, though overbought indicators add near-term risk. Valuation is reasonable with a moderate P/E and ~3% dividend yield.
Positive Factors
Revenue growth & gross margin
Sustained revenue growth (+15.9%) alongside an extremely high gross margin (93.71%) indicates the bank generates strong top-line expansion while keeping direct costs low. That combination supports durable core earnings and provides buffer to invest in branches, digital channels, or loan growth over the medium term.
Negative Factors
Free cash flow collapse
A near-total collapse in free cash flow (-96.58%) materially reduces financial flexibility. Over the medium term this constrains capital spending, dividend policy, and balance sheet strengthening, potentially forcing greater reliance on deposit funding or higher-cost borrowings if cash recovery lags.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth & gross margin
Sustained revenue growth (+15.9%) alongside an extremely high gross margin (93.71%) indicates the bank generates strong top-line expansion while keeping direct costs low. That combination supports durable core earnings and provides buffer to invest in branches, digital channels, or loan growth over the medium term.
Read all positive factors
North Pacific Bank, Ltd. (8524) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥383.38B
Dividend Yield3.01%
Average Volume (3M)2.56M
Price to Earnings (P/E)10.2
Beta (1Y)1.43
Revenue Growth19.69%
EPS Growth70.91%
CountryJP
Employees2,799
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)20.82
Shares Outstanding378,060,180
10 Day Avg. Volume2,725,260
30 Day Avg. Volume2,556,740
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)0.52
Price to Sales (P/S)1.35
P/FCF Ratio5.87
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)88.1
Revenue Forecast (FY)¥197.20B
North Pacific Bank, Ltd. Business Overview & Revenue Model
Company Description
North Pacific Bank, Ltd. (8524) is a financial institution based in Japan that offers a wide range of banking services, including personal banking, commercial banking, and investment services. The bank primarily serves individuals, small to medium...
How the Company Makes Money
North Pacific Bank, Ltd. primarily earns revenue from (1) net interest income and (2) fee and commission income. Net interest income is generated by collecting interest on loans and other interest-earning assets (e.g., corporate/SME lending and co...
North Pacific Bank, Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
71
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 152.23B | 146.52B | 129.68B | 121.27B | 117.72B | 131.27B |
| Gross Profit | 138.70B | 134.58B | 123.36B | 114.38B | 114.01B | 121.68B |
| EBITDA | 28.25B | 37.59B | 28.03B | 23.25B | 25.20B | 22.03B |
| Net Income | 21.28B | 20.61B | 12.83B | 9.65B | 11.76B | 9.42B |
Balance Sheet | ||||||
| Total Assets | 13.28T | 13.45T | 13.24T | 12.52T | 13.54T | 11.86T |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 2.65T | 3.06T | 2.80T | 4.34T | 2.63T |
| Total Debt | 889.59B | 1.70T | 1.77T | 941.78B | 4.01T | 1.30T |
| Total Liabilities | 12.88T | 13.06T | 12.80T | 12.11T | 13.12T | 11.42T |
| Stockholders Equity | 393.16B | 380.48B | 442.68B | 403.35B | 416.81B | 436.05B |
Cash Flow | ||||||
| Free Cash Flow | 33.66B | 33.66B | 983.81B | -1.37T | 1.73T | 1.16T |
| Operating Cash Flow | 39.05B | 39.05B | 988.14B | -1.36T | 1.74T | 1.17T |
| Investing Cash Flow | -328.51B | -328.51B | -703.01B | -172.00B | -16.14B | -171.64B |
| Financing Cash Flow | -9.05B | -9.05B | -19.16B | -4.82B | -4.03B | -32.28B |
North Pacific Bank, Ltd. Technical Analysis
Positive
717.00
Price Trends
974.73
Positive
904.49
Positive
781.73
Positive
Market Momentum
16.66
Negative
59.10
Neutral
82.98
Negative
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 717 is below the 20-day moving average (MA) of 964.38, below the 50-day MA of 974.73, and below the 200-day MA of 781.73, indicating a bullish trend. The MACD of 16.66 indicates Negative momentum. The RSI at 59.10 is Neutral, neither overbought nor oversold. The STOCH value of 82.98 is Negative, 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
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥437.08B | 9.10 | 8.52% | 2.12% | 22.44% | 59.32% | |
77 Outperform | ¥372.49B | 7.80 | ― | 1.95% | 19.69% | 50.61% | |
76 Outperform | ¥363.96B | 9.60 | ― | 2.94% | 1.91% | 9.73% | |
72 Outperform | ¥383.38B | 10.18 | ― | 3.01% | 19.69% | 70.91% | |
68 Neutral | ¥457.72B | 11.65 | 3.95% | 2.19% | 9.29% | 28.34% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
54 Neutral | ¥371.67B | 10.57 | 4.74% | 3.38% | 5.47% | ― |
* Financial Sector Average
JP:8524
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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.