• Chiba Bank beats estimated forecast with a net income outlook of 68.00 billion yen, as opposed to the estimated 65.82 billion yen
• Anticipated dividend is 36.00 yen, exceeding the earlier estimated 36.00 yen
• The Bank reported a fourth quarter net income of 12.31 billion yen, marking a 4.7% year-on-year increase
• Current investment ratings for Chiba Bank comprise 6 buys, 4 holds, and no sells
• These comparisons are drawn from values officially disclosed by Chiba Bank
A look at Chiba Bank Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Chiba Bank, a regional bank based in Chiba Prefecture, is positioned well for long-term success, according to Smartkarma’s Smart Scores analysis. With high scores in Resilience and Momentum, the bank demonstrates strong stability and positive market sentiment. Additionally, scoring well in Value and Dividend reflects a solid financial foundation and a commitment to rewarding its investors. Although Growth scored slightly lower, Chiba Bank‘s diverse range of financial services, including software development and securities brokerage, indicate potential opportunities for expansion in the future.
Overall, Chiba Bank‘s Smart Scores paint a promising picture for the bank’s future prospects, with a solid foundation in place to weather market fluctuations and capitalize on growth opportunities. With a focus on providing general banking services and a wide array of financial products, the bank is well-positioned to navigate the evolving financial landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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