- JP Bank has increased its full-year net income forecast to 400.00 billion yen.
- The previous forecast for net income was 365.00 billion yen, and analysts estimated 386.99 billion yen.
- The bank expects to declare a dividend of 56.00 yen, compared to the previously projected 52.00 yen.
- Analysts estimated a dividend of 53.23 yen.
- In the second quarter, JP Bank recorded a net income of 126.60 billion yen, marking a 33% year-over-year increase.
- The market estimate for the second-quarter net income was 89.42 billion yen.
- Analyst recommendations include 6 buys, 5 holds, and 1 sell.
“`
Japan Post Bank on Smartkarma
Analyst coverage of Japan Post Bank on Smartkarma reveals insights from Daniel Tabbush, who published a bearish report titled “Japan Post Bank – It’s like a Closed End Mutual Fund More Than Ever”. Tabbush highlights that Japan Post Bank resembles a closed-end mutual fund with limited profit drivers apart from stock sales, resulting in a ROA half of the Japanese bank average. The surge in net profit was attributed to non-recurring gains from stock sales. However, concerns persist over the company’s cost of funds outpacing yield improvements due to hedging costs. Tabbush points to unrealized gains on foreign bonds as a significant earnings driver, albeit leading to a low ROA for the bank.
A look at Japan Post Bank Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| 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
In assessing the long-term outlook for Japan Post Bank, the Smartkarma Smart Scores paint a positive picture. With a top score in Value and Resilience, the company is deemed to be solid in terms of both financial health and ability to weather economic challenges. Additionally, Japan Post Bank receives favorable scores in Dividend and Momentum, indicating a strong performance in terms of distributing profits to shareholders and the company’s upward growth trajectory. While Growth scores slightly lower, it is evident that the company’s overall outlook is promising across key factors.
Japan Post Bank Co. Ltd. stands out as a provider of general banking services, catering to a wide range of financial needs for both individuals and businesses. From deposits and loans to investment trusts and insurance agency services, the company offers a comprehensive suite of banking products. The high Smartkarma Smart Scores in areas such as Value and Resilience further bolster Japan Post Bank‘s reputation as a reliable financial institution with a strong foundation for sustained growth and stability in the long run.
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
