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Leading regional bank in Iwate prefecture, Tohoku, providing retail and SME banking services.
Leading regional bank in Iwate prefecture, Tohoku, providing retail and SME banking services.
Earns mainly from loans to local small firms and households, funded by deposits, plus income from its bond portfolio. As a long-established regional lender it handles accounts for local governments, which steadies its deposit base.
In one line: Iwate's community bank.
Moat: narrow (regulatory licence, distribution). Long-standing deposit and branch leadership in Iwate prefecture.
Headquarters: Morioka, Iwate, Japan · Employees: 1,365
Size Bank of Iwate (8345.T) is a Japan Financials company (Regional Banks) with a market value of $857M, the 809th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,848 on 6 Nov 2026.
Performance Over six months the shares fell 6.0%, against +6.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue grew 24.2% over the last twelve months (peer median +9.2%); the operating margin is -3.1% (peer median 36.7%).
Valuation It trades at 0.64× book value against a peer median of 1.11× (5th cheapest of 21).
Price implies The share price implies a return on equity of about 5.7%; Bank of Iwate delivers 5.2%, so the price asks more than the business earns today.
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥63.1B | ¥62.8B | ¥46.9B | ¥40.9B | ¥44.5B |
| Revenue growth | — | +34% | +15% | -8% | — |
| Net income | ¥10.2B | ¥8.92B | ¥6.98B | ¥4.22B | ¥5.38B |
| Free cash flow | n/a | ¥50.4B | ¥25.9B | -¥5.74B | ¥3.31B |
| Capital expenditure | n/a | ¥1.42B | ¥1.13B | ¥1.32B | ¥1.02B |
| Total debt | ¥210B | ¥220B | ¥171B | ¥232B | ¥174B |
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.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Bank of Iwate 8345.T | $857M | -6% | +24% | 5% | 0.64× | 5.7% |
| Akita Bank 8343.T | $731M | +107% | +29% | 5% | 0.61× | 5.3% |
| Yamagata Bank 8344.T | $736M | +49% | +25% | 5% | 0.75× | 5.3% |
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.
| Measure | 8345.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -33.5% | +0.8% | lowest of 21 |
| 6-month return | -6.0% | +6.8% | 3rd lowest of 20 |
| Return on equity | 5.2% | 10.2% | 3rd lowest of 20 |
| Price / book | 0.64× | 1.11× | 5th cheapest of 21 |
| Trailing P/E | 12.5× | 11.6× | 9th most expensive of 19 |
| ROE the price implies | 5.7% | 8.4% | 5th least demanding of 19 |
| ROE delivered | 5.2% | 10.2% | 3rd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Bank of Iwate 8345.T | Japan | $857M | -6% | +24% | 5% | 0.64× | 5.7% | 5.2% |
| Shikoku Bank 8387.T | Japan | $857M | +26% | +36% | 10% | 0.68× | 5.4% | 9.6% |
| First Community Bankshares FCBC | United States | $860M | +4% | +9% | 12% | 1.58× | 9.9% | 11.8% |
| Capital City Bank CCBG | United States | $861M | +7% | 0% | 11% | 1.50× | 8.4% | 11.3% |
| Orrstown Financial Services ORRF | United States | $862M | +18% | +1% | 15% | 1.42× | 10.5% | 14.8% |
| Okinawa Financial 7350.T | Japan | $865M | +14% | +21% | 8% | 0.83× | 6.3% | 7.7% |
| Hong Leong Finance S41.SI | Singapore | $846M | -5% | -27% | 3% | 0.51× | 2.5% | 3.1% |
| Great Southern Bancorp GSBC | United States | $868M | +16% | -10% | 10% | 1.42× | 9.3% | 10.2% |
| Mid Penn Bancorp MPB | United States | $873M | +5% | +18% | 8% | 0.97× | 7.2% | 8.4% |
| Thurgauer Kantonalbank TKBP.SW | Switzerland | $838M | -6% | -11% | 6% | 0.23× | n/a | 5.6% |
| River City Bank RCBC | United States | $832M | n/a | +1% | 16% | 1.38× | 7.6% | 15.9% |
| SmartFinancial SMBK | United States | $816M | +13% | +10% | 11% | 1.40× | 10.8% | 11.1% |
| Peapack-Gladstone Financial PGC | United States | $814M | +7% | +11% | 9% | 1.10× | 9.1% | 8.9% |
| NB Bancorp NBBK | United States | $902M | +10% | +36% | 8% | 1.13× | 6.8% | 8.4% |
| Independent Bank IBCP | United States | $802M | +5% | +3% | 14% | 1.39× | 10.6% | 13.5% |
| South Plains Financial SPFI | United States | $800M | +4% | +10% | 13% | 1.28× | 8.4% | 12.6% |
| Entie Commercial Bank 2849.TW | Taiwan | $927M | +14% | +10% | 5% | 0.86× | 3.2% | 5.4% |
| Close Brothers CBG.L | United Kingdom | $791M | -10% | -12% | -6% | 0.40× | 8.8% | -5.9% |
| Luzhou Bank 1983.HK | Hong Kong | $790M | -5% | +6% | 14% | 0.45× | 4.0% | 14.0% |
| AGI AGBK | United States | $777M | -31% | n/a | n/a | 0.84× | 11.3% | n/a |
| Financial Institutions FISI | United States | $776M | +12% | +42% | 30% | 1.29× | n/a | 30.0% |