Japan H1 Bank Earnings: Interest/Fees Up, Expenses/Credit Costs Down - Opportunity Abounds, Still
The macro backdrop for Japanese banks is pretty good. Business restructuring efforts are bearing fruit. Global macro is adding fees. Stocks are up,...
718 Views
2020 High Conviction: Suruga Bank (8358 JP) - Fortune Favours the Brave
We expect the stock price of Suruga Bank Ltd (8358 JP) to significantly outperform the rest of the Japanese banking sector in CY2020. We calculate...
983 Views
Chugoku Bank (8382 JP): Even Monkeys
Chugoku Bank (8382 JP), based in Okayama Prefecture in the Chugoku region of western Japan, is the 10th-largest Japanese regional bank in terms of...
523 Views
Musashino Bank (8336 JP): Braking Bad
Musashino Bank (8336 JP) was one of the last regional banks to announce 3Q FY3/2019 results, and they were a nasty surprise: a consolidated net...
608 Views
Concordia Financial Group (7186 JP): Out of Focus
CY2018 was not a good year for Concordia Financial Group, Ltd (7186 JP) (CFG), the holding company for one of Japan’s largest regional banks, the...
495 Views