- Yokohama Financial Group has increased its full-year net income forecast to 103.00 billion yen.
- The previous forecast for net income was 95.50 billion yen, and the latest market estimate was 99.14 billion yen.
- The projected dividend per share has been raised to 37.00 yen.
- The previous dividend was 34.00 yen, with recent market expectations at 35.13 yen.
- Second-quarter net income reached 27.99 billion yen, marking a 29% increase year-over-year.
- The estimated net income for the second quarter was 24.29 billion yen.
- Analyst sentiment includes 6 buy ratings, 3 hold ratings, and no sell ratings for the company.
A look at Concordia Financial Group, Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| 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
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Concordia Financial Group, Ltd. is positioned favorably for long-term growth and stability, based on the Smartkarma Smart Scores analysis. With impressive scores of 4 in Value, 4 in Growth, and the highest score of 5 in Resilience and Momentum, the outlook for the company is optimistic. The company, formed through the merger of Bank of Yokohama and Higashi-Nippon Bank, offers a range of banking and financial services, ensuring a strong foundation for future success.
Investors looking at Concordia Financial Group, Ltd. can take confidence in its solid performance across key factors. While the Dividend score of 3 may indicate room for improvement in this area, the overall outlook remains positive. With a focus on value, growth, resilience, and momentum, Concordia Financial Group, Ltd. demonstrates its ability to weather challenges and capitalize on opportunities in the dynamic financial market.
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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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