Suruga Bank Ltd
TSE:8358

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Suruga Bank Ltd
TSE:8358
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Price: 1 142 JPY 0.09%
Market Cap: 219.9B JPY
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Suruga Bank Ltd
Non Interest Expense

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Suruga Bank Ltd
Non Interest Expense Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Non Interest Expense CAGR 3Y CAGR 5Y CAGR 10Y
Suruga Bank Ltd
TSE:8358
Non Interest Expense
-ÂĄ64.1B
CAGR 3-Years
-1%
CAGR 5-Years
3%
CAGR 10-Years
1%
Concordia Financial Group Ltd
TSE:7186
Non Interest Expense
-ÂĄ199.1B
CAGR 3-Years
2%
CAGR 5-Years
1%
CAGR 10-Years
-1%
Fukuoka Financial Group Inc
TSE:8354
Non Interest Expense
-ÂĄ233.3B
CAGR 3-Years
-5%
CAGR 5-Years
-6%
CAGR 10-Years
-4%
Resona Holdings Inc
TSE:8308
Non Interest Expense
-ÂĄ634B
CAGR 3-Years
-4%
CAGR 5-Years
-1%
CAGR 10-Years
-3%
Chiba Bank Ltd
TSE:8331
Non Interest Expense
-ÂĄ157.1B
CAGR 3-Years
-4%
CAGR 5-Years
-4%
CAGR 10-Years
-2%
Shizuoka Financial Group Inc
TSE:5831
Non Interest Expense
-ÂĄ184.8B
CAGR 3-Years
-7%
CAGR 5-Years
-6%
CAGR 10-Years
N/A
No Stocks Found

Suruga Bank Ltd
Glance View

Market Cap
213.2B JPY
Industry
Banking

In the heart of Japan's Shizuoka Prefecture, Suruga Bank Ltd. stands as a testament to regional banking resilience and adaptability. Founded in 1895, the bank has woven itself intricately into the financial fabric of the region, serving primarily small and medium-sized enterprises (SMEs) and individual account holders. Suruga Bank thrives on its deeply ingrained understanding of local business dynamics, using this intimate knowledge to provide tailored financial services. Unlike some of its larger counterparts that often hold a more generalized approach, Suruga has keenly focused on personal banking, housing loans, and SME financing, ensuring its product offerings are tightly aligned with the community's needs. The bank has a comprehensive suite of financial products ranging from deposit accounts and mortgages to investment services and insurance products. These foster a symbiotic relationship, cultivating customer loyalty and a steady stream of interest and fee-based income. In recent years, Suruga Bank has ventured into the burgeoning realm of fintech, enhancing its traditional banking model with digital services. This strategic shift has been designed to capture the growing segment of tech-savvy consumers who demand accessible, 24/7 banking solutions. By investing in mobile banking apps and online platforms, Suruga Bank has expanded its reach beyond physical branches, facilitating seamless interactions for its clients. The digital pivot provides higher operational efficiency and lower transactional costs, a crucial factor in maintaining profitability in the highly competitive Japanese banking sector. Amid challenges like Japan's aging population and the historically low-interest-rate environment, Suruga Bank's ability to adapt and innovate within its niche market is pivotal. While navigating regulatory pressures and market volatility, the bank continues to develop robust risk management practices to safeguard its financial health and sustain its long-standing legacy.

Intrinsic Value
1 412.91 JPY
Undervaluation 19%
Intrinsic Value
Price

See Also

What is Suruga Bank Ltd's Non Interest Expense?
Non Interest Expense
-64.1B JPY

Based on the financial report for Sep 30, 2024, Suruga Bank Ltd's Non Interest Expense amounts to -64.1B JPY.

What is Suruga Bank Ltd's Non Interest Expense growth rate?
Non Interest Expense CAGR 10Y
1%

Over the last year, the Non Interest Expense growth was 6%. The average annual Non Interest Expense growth rates for Suruga Bank Ltd have been -1% over the past three years , 3% over the past five years , and 1% over the past ten years .

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