Added to YB: 2024-06-11
Pitch date: 2024-06-11
8522.T [bullish]
The Bank of Nagoya, Ltd.
+157.36%
current return
Author Info
JapaneseIPO writes about unknown but growing Japanese small cap stocks. Sign up for the newsletter.
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Company Info
The Bank of Nagoya, Ltd. provides various banking, financial leasing, and credit card services in Japan.
Market Cap
JPY 311.9B
Pitch Price
JPY 2.2K
Price Target
N/A
Dividend
1.58%
EV/EBITDA
N/A
P/E
15.89
EV/Sales
N/A
Sector
Banks
Category
value
Show full summary:
Bank of Nagoya (8522.T)
Bank of Nagoya (8522.T): Strong ties to 29K SMEs (many Toyota suppliers) in Nagoya. Benefits from rate normalization & Japan's shift to inflation. Stable local population, succession M&A for aging owners. Compelling regional bank play amid wage hikes & economic tailwinds.
Read full article (2 min)