- Concordia Financial Group’s full-year net income predictions surpass estimated values, expecting 75.00 billion yen against the estimated 72.59 billion yen.
- The group is optimistic about its dividend, proposing 26.00 yen per share, which is more than the estimated 25.31 yen.
- The fourth quarter results are also impressive, with a net income of 13.01 billion yen, recording a +25% year-on-year growth.
- The company’s performance attracted more investors, with four new purchases, five holding onto their current positions and no one selling.
- All these assessments are compared to the results obtained from the values reported by the company’s original disclosures.
A look at Concordia Financial Group, Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.4 |
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
Concordia Financial Group, Ltd. is positioned for a promising long-term outlook based on the Smartkarma Smart Scores. The company excels in various key areas, with solid scores of 4 for Value, Dividend, and Growth, signaling a strong financial foundation and potential for growth. Additionally, Concordia Financial Group, Ltd. scores a remarkable 5 for Resilience and Momentum, indicating a robust ability to withstand economic challenges and maintain positive market performance.
Formed as a result of the merger between Bank of Yokohama and Higashi-Nippon Bank, Concordia Financial Group, Ltd. offers a range of banking and financial services. With its impressive Smart Scores profile, investors may find Concordia Financial Group, Ltd. to be a compelling long-term investment opportunity, supported by its strong fundamentals and resilience in the face of market fluctuations.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
