Who are First Bank of Toyama's main competitors?

Named competitors: Hokuriku Bank (private or unlisted). The cockpit's measured peer set (industry) also includes TOMONY (8600.T), Univest Financial (UVSP), Heritage Financial (HFWA), Miyazaki Bank (8393.T), Five Star Bancorp (FSBC), Northeast Bank (NBN).

How has First Bank of Toyama stock performed?

Over six months to 6 Nov 2026 the shares returned +9.8% against +8.4% for the median peer; over one year +92.2%.

← CockpitCompetitor Analysis › 7184.T First Bank of Toyama Ltd.Open in the cockpit ↗

First Bank of Toyama Ltd.7184.TCompetitor analysis, valuation and peers

Japan · JPY·Financials›Regional Banks

Regional bank based in Toyama prefecture, providing retail and SME banking on Japan's Sea of Japan coast.

≈ Toyama's community bankMomentum weak 36

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.12B

US dollars, full cap

Free float

72%

of shares outstanding

$/day

$4.34M

20-day average traded

P/B

0.90×

price to book

ROE

10.2%

delivered

Implied ROE

7.9%

what the price asks

Close · JPY¥2,844

1D-9.0%

1W-17.1%

1M-25.6%

3M-6.3%

6M+9.8%

YTD+56.7%

1Y+92.2%

ATR %6.0%

52w lowhigh25.8% off high

What First Bank of Toyama does

Regional bank based in Toyama prefecture, providing retail and SME banking on Japan's Sea of Japan coast.

Earns mostly from the gap between interest on loans to local households and small manufacturers and the cost of deposits, with securities and fee income as secondary lines. It competes with larger regional banks and is tied to the local manufacturing economy of one prefecture.

In one line: Toyama's community bank.

Products and services

Retail deposits & loans
SME lending

Customers

Retail depositors
SMEs in Toyama

Where it sits in the supply chain

Financials
Regional banking
Retail & SME banking

What could go right

Toyama's stable manufacturing base

What could go wrong

Regional population decline

Moat: narrow (regulatory licence, distribution). Established branch and deposit base in Toyama, a manufacturing-heavy prefecture.

Headquarters: Toyama, Japan · Employees: 623

Named competitors

Hokuriku Bank private or unlisted

First Bank of Toyama at a glance

Size First Bank of Toyama (7184.T) is a Japan Financials company (Regional Banks) with a market value of $1.12B, the 688th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,844 on 6 Nov 2026.

Performance Over six months the shares gained 9.8%, against +8.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 10th highest of 20 in its peer set.

Growth Revenue grew 13.9% over the last twelve months (peer median +11.3%); the operating margin is 26.4% (peer median 35.4%).

Valuation It trades at 0.90× book value against a peer median of 1.18× (7th cheapest of 21).

Price implies The share price implies a return on equity of about 7.9%; First Bank of Toyama delivers 10.2%, so the price asks less than the business earns today.

Relative performance

Six months, rebased to 100: First Bank of Toyama against the median of its 20 peers (local-currency closes).

First Bank of Toyama financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥42.5B	¥50.7B	¥47.6B	¥30.6B	¥30.9B
Revenue growth	—	+7%	+56%	-1%	—
Net income	¥17.8B	¥15.1B	¥13.4B	¥5.28B	¥4.20B
Free cash flow	n/a	¥3.72B	¥4.71B	¥3.93B	¥6.78B
Capital expenditure	n/a	¥413M	¥2.30B	¥999M	¥389M
Total debt	¥3.77B	¥25.9B	¥19.8B	¥53.2B	¥24.0B

Quarterly statements and history in the cockpit →

First Bank of Toyama competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. First Bank of Toyama is the large dot.

Fundamentals: return on equity against price-to-book

A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. First Bank of Toyama is the large dot.

Capital: ROE delivered against the ROE the price implies

Above the diagonal = the price asks for a higher return on equity than the business earns today. First Bank of Toyama is the large dot.

First Bank of Toyama competitors and peer comparison

How First Bank of Toyama compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

First Bank of Toyama against its 20 peers (data as of 6 Nov 2026)
Measure	7184.T	Peer median	Rank in peer set
1-month return	-25.6%	+3.1%	4th lowest of 21
6-month return	+9.8%	+8.4%	10th highest of 20
Return on equity	10.2%	11.7%	10th lowest of 21
Price / book	0.90×	1.18×	7th cheapest of 21
Trailing P/E	9.9×	11.9×	5th cheapest of 21
ROE the price implies	7.9%	9.0%	9th least demanding of 21
ROE delivered	10.2%	12.0%	10th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	ROE	Price / book	Implied ROE	Delivered ROE
First Bank of Toyama 7184.T	Japan	$1.12B	+10%	+14%	10%	0.90×	7.9%	10.2%
TOMONY 8600.T	Japan	$1.13B	+6%	+12%	6%	0.60×	4.5%	5.9%
Univest Financial UVSP	United States	$1.10B	+4%	+2%	10%	1.16×	9.1%	10.0%
Heritage Financial HFWA	United States	$1.15B	+3%	+22%	8%	1.06×	7.8%	7.8%
Miyazaki Bank 8393.T	Japan	$1.16B	+8%	+8%	7%	0.77×	6.2%	7.0%
Five Star Bancorp FSBC	United States	$1.08B	+6%	+18%	15%	1.75×	10.4%	14.8%
Northeast Bank NBN	United States	$1.08B	+1%	+9%	20%	1.72×	11.8%	20.0%
Metropolitan Bank MCB	United States	$1.17B	+5%	+12%	13%	1.20×	11.3%	13.1%
San ju San Financial 7322.T	Japan	$1.08B	+1%	+23%	5%	0.72×	6.9%	5.4%
Horizon Bancorp HBNC	United States	$1.07B	+13%	+424%	16%	1.52×	12.0%	15.7%
Oita Bank 8392.T	Japan	$1.18B	+13%	+25%	5%	0.69×	6.2%	4.7%
CNB Financial CCNE	United States	$1.06B	+15%	+26%	13%	1.24×	9.0%	13.2%
Bank of Jiujiang 6190.HK	Hong Kong	$1.06B	+55%	-2%	1%	0.20×	3.5%	1.5%
Mercantile Bank MBWM	United States	$1.05B	+16%	+5%	14%	1.41×	11.5%	13.6%
Forbright FRBT	United States	$1.04B	n/a	+11%	11%	1.01×	6.4%	n/a
Business First Bancshares BFST	United States	$1.04B	+16%	+7%	10%	1.02×	8.6%	10.1%
MetroCity Bankshares MCBS	United States	$1.04B	+10%	+25%	17%	1.78×	12.2%	16.9%
Preferred Bank PFBC	United States	$1.22B	+8%	0%	17%	1.54×	10.3%	16.9%
SJF Bank A/S SJF.CO	Denmark	$1.22B	+60%	-2%	12%	1.71×	6.1%	12.0%
Eagle Bancorp EGBN	United States	$1.03B	+28%	-11%	5%	0.89×	9.0%	4.7%
Ujjivan Small Finance Bank UJJIVANSFB.NS	India	$1.23B	-5%	+21%	17%	1.53×	23.8%	16.6%

Questions

Who are First Bank of Toyama's main competitors?: Named competitors: Hokuriku Bank (private or unlisted). The cockpit's measured peer set (industry) also includes TOMONY (8600.T), Univest Financial (UVSP), Heritage Financial (HFWA), Miyazaki Bank (8393.T), Five Star Bancorp (FSBC), Northeast Bank (NBN).
Is First Bank of Toyama expensive compared with its peers?: On price / book it trades at 0.90× against a peer median of 1.18×, 7th cheapest of 21 in its peer set. The share price implies a return on equity of about 7.9%; First Bank of Toyama delivers 10.2%, so the price asks less than the business earns today.
How has First Bank of Toyama stock performed?: Over six months to 6 Nov 2026 the shares returned +9.8% against +8.4% for the median peer; over one year +92.2%.