Japanese Banks – No Change to Our Bullish View on the Back of the BoJ’s Pause on Interest Rates
BoJ's decision to pause on lifting negative rates is temporary and could change as soon as January; evidence of higher long term loan rates...
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Japanese Banks – Our Main Thoughts Post 2Q23 Results
We look to capital ratios, delinquency, exposure to sovereign bonds, interest rate gearing and valuation; buy Resona, Mizuho and Concordia, adding...
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Japanese Banks – Nearing the Yield Curve Control End-Game
The BoJ's relaxation of yield curve control allows JGB yields to rise, positive for Japanese banks with big shares of floating-rate loans; we add...
768 Views
Concordia Financial Group (7186 JP): Asset Quality Issues
Concordia Financial Group (7186 JP) has slashed its FY3/3021 guidance by 36.7% to ¥25.3 billion on higher credit costs and after writing down a...
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Concordia Financial Group (7186 JP): Unequal Partners
Interim results for Concordia Financial Group (7186 JP) show that partner bank HNPB remains the drag on group profitability. The stock is down 16%...
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