- Concordia Financial’s third-quarter net income was 18.45 billion yen, representing a 15% increase year-over-year.
- Third-quarter net income missed the analysts’ estimate, which was at 33.5 billion yen.
- The company maintains its annual net income forecast at 78.50 billion yen, slightly below the market estimate of 79.62 billion yen.
- The forecasted dividend remains unchanged at 27.00 yen per share, just under the estimated 27.19 yen per share.
- In terms of stock recommendations, Concordia Financial currently has 7 buy ratings, 3 hold ratings, 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 | 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 favorably for the long term, as indicated by its Smartkarma Smart Scores. With solid scores across key factors such as Value, Dividend, Growth, Resilience, and Momentum, the company is well-regarded in various aspects. The company’s strong Value score reflects its potential for delivering attractive returns at a reasonable price. Additionally, its high Dividend score signifies a promising outlook for dividend-seeking investors, indicating steady and reliable income generation.
Moreover, Concordia Financial Group, Ltd. received notable scores for Growth, Resilience, and Momentum, pointing towards a positive growth trajectory, robust operational strength, and strong market performance. With a diversified range of banking and financial services following the merger of Bank of Yokohama and Higashi-Nippon Bank, Concordia Financial Group, Ltd. is well-positioned to capitalize on upcoming opportunities and navigate potential challenges effectively 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.
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