- Concordia Financial expects its full-year net income to be 78.50 billion yen, an increase from a previous outlook of 75.00 billion yen.
- The revised net income estimate slightly surpasses market expectations, which were at 78.48 billion yen.
- The company aims to provide a dividend of 27.00 yen, up from the prior year’s 26.00 yen, aligning closely with market projections of 27.06 yen.
- In the second quarter, Concordia Financial reported a net income of 21.64 billion yen, marking a 24% increase year-over-year.
- This second-quarter net income also exceeded the average estimate of 20.61 billion yen from two market analysts.
- Analyst recommendations for Concordia Financial include six buys, four holds, and no sell ratings.
A look at Concordia Financial Group, Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
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. has received positive Smart Scores across the board, with a strong value, dividend, and growth rating of 4 each. This indicates a promising outlook for investors looking at the long term. The company’s high resilience score of 5 highlights its ability to weather economic uncertainties, adding to its appeal. While momentum scored slightly lower at 3, the overall picture looks robust for Concordia Financial Group, Ltd.
Established through the merger of Bank of Yokohama and Higashi-Nippon Bank, Concordia Financial Group, Ltd. offers banking services and other financial products. With solid scores in key areas, the company appears well-positioned for sustainable growth and stability in the long term. Investors may find Concordia Financial Group, Ltd. to be a compelling option for their portfolios based on its favorable Smart Scores and strategic positioning in the financial services sector.
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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