About
About The Bank of Iwate, Ltd
The Bank of Iwate, Ltd. provides various financial products and services in Japan. The company operates through Banking Segment, Lease Segment, Credit Card Business / Credit Guarantee Business segments. The Commercial Banking Business segment provides current and time deposits, as well as negotiable certificates of deposit; personal and SME loans; and securities investment and foreign exchange services. The Leasing Business segment consists of leasing business. The Credit Card and Credit Guarantee Business segment comprises credit card and guarantee business. It also trades in securities, as well as offers investment fund management, renewable energy-related business, consulting, and regional economic survey services. The company was formerly known as Iwate Shokusan Bank and changed its name to The Bank of Iwate, Ltd. in 1960. The Bank of Iwate, Ltd. was incorporated in 1932 and is headquartered in Morioka, Japan.
Visit company website
5 years, 5 months ago
The Bank of Iwate, Ltd is currently in a long term downtrend where the price is trading 21.3% below its 200 day moving average.
From a valuation standpoint, the stock is 55.1% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.1.
The Bank of Iwate, Ltd's total revenue rose by 6.6% to $11B since the same quarter in the previous year.
Its net income has increased by 118.7% to $2B since the same quarter in the previous year.
Based on the above factors, The Bank of Iwate, Ltd gets an overall score of 3/5.