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Regional bank holding company combining Hokuriku Bank and Hokkaido Bank, serving northern Japan.
Regional bank holding company combining Hokuriku Bank and Hokkaido Bank, serving northern Japan.
Earns interest on loans and securities plus fees, through two banks in different regions: Hokuriku Bank around Toyama and Hokkaido Bank on the northern island. They have operated under one holding company since 2004, a merger of regional lenders with little geographic overlap.
In one line: A merged regional Japanese bank holding company.
Moat: narrow (regulatory licence, distribution). Combined branch network from the Hokuriku-Hokkaido merger covers a broad northern Japan region.
Headquarters: Toyama, Japan · Founded: 2004 · Employees: 4,434
Size Hokuhoku Financial (8377.T) is a Japan Financials company (Regional Banks) with a market value of $5.25B, the 234th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥8,794 on 6 Nov 2026.
Performance Over six months the shares gained 52.8%, against +4.4% for the median peer and +1.8% for the Japan market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 26.9% over the last twelve months (peer median +3.3%); the operating margin is 29.6% (peer median 43.4%).
Valuation It trades at 1.10× book value against a peer median of 1.29× (8th cheapest of 21).
Price implies The share price implies a return on equity of about 7.7%; Hokuhoku Financial delivers 9.7%, so the price asks less than the business earns today.
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥263B | ¥239B | ¥198B | ¥153B | ¥160B |
| Revenue growth | — | +21% | +29% | -5% | — |
| Net income | ¥68.3B | ¥58.9B | ¥39.1B | ¥23.0B | ¥21.4B |
| Free cash flow | n/a | ¥35.8B | ¥236B | -¥91.7B | -¥16.6B |
| Capital expenditure | n/a | ¥20.6B | ¥8.32B | ¥22.8B | ¥7.26B |
| Total debt | ¥1.33T | ¥1.45T | ¥1.50T | ¥1.69T | ¥1.84T |
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 |
|---|---|---|---|---|---|---|
| Hokuhoku Financial 8377.T | $5.25B | +53% | +27% | 10% | 1.10× | 7.7% |
| Kyoto Financial Group,Inc 5844.T | $7.14B | -11% | +19% | 8% | 0.79× | 5.9% |
| Fukuoka Financial 8354.T | $7.75B | 0% | +22% | 9% | 1.08× | 7.0% |
| North Pacific Bank 8524.T | $2.50B | +8% | +25% | 7% | 1.02× | 8.1% |
| Fukui Bank 8362.T | $872M | +57% | +16% | 7% | 0.86× | 7.9% |
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 | 8377.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.9% | +3.2% | 3rd highest of 21 |
| 6-month return | +52.8% | +4.4% | highest of 21 |
| Return on equity | 9.7% | 10.5% | 10th lowest of 21 |
| Price / book | 1.10× | 1.29× | 8th cheapest of 21 |
| Trailing P/E | 12.3× | 12.4× | 10th cheapest of 19 |
| ROE the price implies | 7.7% | 9.6% | 6th least demanding of 20 |
| ROE delivered | 9.7% | 10.5% | 10th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Hokuhoku Financial 8377.T | Japan | $5.25B | +53% | +27% | 10% | 1.10× | 7.7% | 9.7% |
| Eastern Bankshares EBC | United States | $5.22B | +14% | +61% | 10% | 1.23× | 9.6% | 9.5% |
| Grupo Financiero Galicia SA Sponsored ADR GGAL | United States | $5.36B | -30% | +3% | 2% | 0.76× | 9.6% | 2.0% |
| Intercorp Financial Services IFS | United States | $5.38B | +4% | +9% | 17% | 1.36× | 10.5% | 17.4% |
| Berner Kantonalbank BEKN.SW | Switzerland | $5.07B | +17% | -4% | 7% | 1.34× | n/a | 6.6% |
| Taiwan Business Bank 2834.TW | Taiwan | $5.46B | +7% | -16% | 9% | 1.23× | 4.5% | 9.2% |
| Ameris Bancorp ABCB | United States | $5.49B | -5% | +3% | 9% | 1.33× | 12.1% | 9.5% |
| Atlantic Union Bankshares AUB | United States | $5.51B | +4% | +21% | 11% | 1.09× | 9.5% | 10.7% |
| Bank OZK OZK | United States | $5.53B | +4% | 0% | 11% | 0.93× | 8.9% | 11.3% |
| Iyogin Holdings,Inc 5830.T | Japan | $5.61B | -3% | +13% | 8% | 0.91× | 8.2% | 7.8% |
| Bank of Qingdao 3866.HK | Hong Kong | $4.84B | +6% | +12% | 14% | 0.57× | 6.1% | 13.8% |
| Hancock Whitney HWC | United States | $5.73B | +4% | -1% | 9% | 1.34× | 12.2% | 9.4% |
| Noba Bank NOBA.ST | Sweden | $4.81B | +20% | +6% | 17% | 1.82× | 6.9% | 17.0% |
| Gunma Bank 8334.T | Japan | $5.78B | +11% | +22% | 10% | 1.43× | 7.8% | 10.3% |
| Home BancShares HOMB | United States | $5.97B | +12% | +2% | 11% | 1.31× | 10.2% | 11.1% |
| Alior Bank ALR.WA | Poland | $4.59B | +15% | -7% | 16% | 1.42× | 20.0% | 15.6% |
| Qilu Bank 601665.SS | China | $6.02B | +2% | +1% | 12% | 0.75× | 3.2% | 12.2% |
| Bank of Changsha 601577.SS | China | $6.03B | 0% | -9% | 11% | 0.52× | 2.8% | 11.1% |
| ServisFirst Bancshares SFBS | United States | $4.49B | +2% | +5% | 18% | 2.21× | 17.2% | 17.9% |
| United Community Banks UCB | United States | $4.43B | +11% | -18% | 4% | 1.26× | 10.9% | 4.1% |
| Glacier Bancorp GBCI | United States | $6.27B | -1% | +21% | 9% | 1.45× | 11.2% | 8.8% |