The Chiba Bank, Ltd. CHBAY

FinancialsBanking ServicesJapan

Last close 90.24 USD on Nov 1, 2026, +66.3% year to date

Quant rating

Quant rating A+ Rank 3 of 304 in Financials

Growth A 25 of 304
Valuation C 273 of 304
Quality B 74 of 304
Revisions A 29 of 304
Momentum A 9 of 304

Wall Street consensus Buy (2.12)Average target 19.18 USD −78.7%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 12.3B
Enterprise value: 11.0B
52-week range: 51.05 – 90.24
3-year range: 36.05 – 90.24
Dividend yield: 1.81%
Beta (5 years): –
Shares outstanding: 776M
Next earnings: Nov 9, 2026

About the company

Chiba Bank Ltd is a Japan-based bank mainly engaged in the banking business and the financial services business. The Bank is engaged in the banking business, stores maintenance and management business, accounting business, employment placement business, receivables management and collection business, securities business, credit guarantee business, collection business, credit card business, leasing business, software development and information processing business, venture capital business, investment management and advisory business, research and consulting business, fintech research business, as well as the planning and development of financial services.

Growth and profitability fiscal year ends March 31

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	1,925	1,593	1,312	1,277	1,135	–
Revenue growth	20.8%	21.4%	2.8%	12.5%	−6.3%	9.7%
EPS (basic, normalized)	0.86	0.70	0.57	0.62	0.61	–
EPS growth	23.2%	23.1%	−8.7%	2.7%	0.1%	7.3%
Gross margin	–	–	–	–	–	–
Net margin	30.8%	31.1%	31.4%	35.5%	39.5%	33.7%
ROE	7.8%	6.3%	5.5%	5.6%	5.1%	6.1%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Tier 1 risk-adjusted capital ratio	–
Long-term debt (mil)	9,846
Net debt (mil)	–
Total equity (mil)	7,919
Net debt / equity	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2026 actual	1,925	+20.8%	5.7x	11.35	−0.6%	8.0x	0.84	+18.0%	107.1x
2027	1,765	−8.3%	6.2x	11.95	+5.3%	7.5x	1.10	+30.6%	82.0x
2028	2,171	+23.0%	5.0x	12.95	+8.4%	7.0x	1.31	+19.1%	68.9x
2029	2,457	+13.2%	4.5x	13.52	+4.4%	6.7x	1.43	+9.2%	63.1x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	1,765	0.0%	+4.0%	+7.5%	1.10	+0.2%	+6.2%	+15.9%
2028	2,171	0.0%	+5.9%	+13.1%	1.31	+0.4%	+8.7%	+24.4%
2029	2,457	0.0%	+6.3%	–	1.43	+0.8%	+8.6%	+4.2%

Earnings surprises EPS beat in 4 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	53,737	63,007	110,627	57,617	130,928	70,002	75,369	76,928	85,741	69,714
Sales mean (mil)	–	–	47,135	47,680	48,010	53,026	55,740	58,860	55,760	60,748
Surprise	–	–	+134.7%	+20.8%	+172.7%	+32.0%	+35.2%	+30.7%	+53.8%	+14.8%
EPS reported	17.26	28.00	24.79	23.51	27.87	30.79	31.71	35.10	36.14	43.16
EPS mean	18.36	24.43	24.25	24.18	22.82	29.21	31.34	33.69	32.19	35.80
Surprise	−6.0%	+14.6%	+2.2%	−2.8%	+22.1%	+5.4%	+1.2%	+4.2%	+12.3%	+20.6%

Peer comparison Banking Services

Peers in the same industry group, by market capitalization
Company	Market cap	Tier 1 ratio	Net margin	Deposits/loans	FY1 P/E	FY2 P/E	FY1 P/B	FY2 P/B
CHBAY The Chiba Bank, Ltd.	12.3B	–	30.8%	1.21x	82.0x	68.9x	7.5x	7.0x
ISDAY Israel Discount Bank Ltd	12.9B	–	18.0%	1.26x	111.1x	96.3x	12.0x	11.3x
MIUFY Mitsubishi HC Capital Inc	12.2B	–	7.3%	–	22.6x	19.7x	1.8x	1.7x
CRDIY Yokohama Financial Group, Inc.	12.2B	–	30.0%	1.20x	36.4x	30.6x	3.6x	3.4x
AGRPY Absa Group Limited	11.9B	–	–	–	14.1x	12.9x	2.1x	1.9x
CRCBY Chongqing Rural Commercial Bank Co Ltd	11.8B	–	25.6%	1.34x	229.4x	209.0x	20.6x	19.3x
Mean		–	22.3%	1.25x	82.6x	72.9x	7.9x	7.4x
Median		–	25.6%	1.24x	59.2x	49.7x	5.6x	5.2x

Technical analysis

1M0.0%
3M+5.2%
1Y+94.5%
3Y+163.0%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, The Chiba Bank, Ltd., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Interest income	1,925	1,593	1,312	1,277	1,135	1,211
Total interest expense	697	575	436	249	82.1	114
Net interest income	1,227	1,018	877	1,028	1,053	1,098
Loan loss provision	61.5	66.2	39.3	−3.8	60.2	88.7
Net interest income after loan loss provision	1,166	952	837	1,032	993	1,009
Non-interest income	869	811	737	784	792	882
Non-interest expense	−1,178	−1,050	−975	−1,163	−1,140	−1,245
Net income before taxes	858	712	599	653	644	646
Provision for taxes	265	217	187	199	196	197
Minority interest & equity in affiliates	–	–	–	–	–	–
Other	0	0	0	0	0	0
Net income before extraordinary items	593	495	413	454	448	448
Extraordinary items	–	–	–	–	–	–
Net income	593	495	413	454	448	448
Basic weighted average shares (mil)	703	713	722	730	742	743
Diluted weighted average shares (mil)	703	713	722	730	742	744
Basic EPS excluding extraordinary items	0.84	0.69	0.57	0.62	0.60	0.60
Basic EPS, normalized	0.86	0.70	0.57	0.62	0.61	0.61

Balance sheet in millions of USD, fiscal years

Balance sheet, The Chiba Bank, Ltd., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & due from banks	16,889	28,315	30,992	30,619	34,534	32,659
Other earning assets	24,245	24,497	22,265	23,659	23,245	24,458
Net loans	88,506	87,706	83,872	90,932	95,442	100,573
Property, plant & equipment	801	836	817	937	1,035	1,146
Goodwill	49.4	55.1	–	–	–	–
Intangibles	127	104	96.7	107	119	131
Long-term investments	176	168	–	115	108	112
Other long-term assets	325	269	210	163	169	160
Other assets	2,533	2,307	2,575	2,485	2,382	2,442
Total assets	133,651	144,257	140,828	149,016	157,034	161,682
Liabilities
Accounts payable	–	–	–	–	–	–
Payable/accrued	–	–	–	–	–	–
Accrued expenses	–	–	–	–	–	–
Total deposits	107,184	111,473	107,774	119,768	125,959	131,376
Other bearing liabilities	147	166	182	240	212	293
Short-term borrowings	4,343	11,321	11,658	8,881	7,954	6,842
Current portion of long-term debt	–	–	–	–	–	–
Long-term debt	10,979	11,219	10,865	9,917	11,837	11,574
Minority interest	–	–	–	–	–	–
Other liabilities	3,076	2,442	2,540	2,221	2,367	2,187
Total liabilities	125,729	136,620	133,020	141,025	148,329	152,271
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	914	967	959	1,092	1,192	1,310
Additional paid-in capital	770	814	808	920	1,004	1,103
Retained earnings (accumulated deficit)	5,509	5,588	5,262	5,690	5,873	6,121
Treasury stock	−409	−501	−481	−474	−437	−444
Other equity	1,138	768	1,261	763	1,073	1,319
Total equity	7,922	7,637	7,808	7,991	8,705	9,411
Total liabilities & shareholders' equity	133,651	144,257	140,828	149,016	157,034	161,682

Cash flow statement in millions of USD, fiscal years

Cash flow statement, The Chiba Bank, Ltd., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	858	712	599	653	644	646
Depreciation, depletion & amortization	67.2	69.6	63.9	71.1	81.4	84.6
Deferred taxes	–	–	–	–	–	–
Non-cash items	−1,217	−1,018	−886	−1,031	−1,051	−1,101
Changes in working capital	−8,017	397	5,429	154	6,162	17,660
Cash from operations	−8,309	162	5,207	−154	5,836	17,288
Investing activities
Capital expenditures	−145	−98.4	−67.1	−84.5	−85.9	−214
Other investing cash flows	−1,185	−2,519	−832	−582	−583	−1,437
Cash from investing	−1,330	−2,618	−899	−666	−669	−1,652
Financing activities
Financing cash flow items	–	–	0	0	0	–
Cash dividends paid	−205	−167	−144	−144	−134	−127
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−94.5	−267	−66.2	−75.3	−206	0
Cash from financing	−300	−434	−210	−219	−340	−128
Foreign exchange effects	1.1	−0.2	1.2	0.5	1.0	−0.9
Net change in cash	−9,938	−2,890	4,099	−1,038	4,828	15,508
Free cash flow	−8,454	63.3	5,140	−238	5,750	17,074

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

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Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.