Chiba Bank (CHBAY) to Release Quarterly Earnings on Monday

Chiba Bank (OTCMKTS:CHBAY) is projected to release its resultson Monday, August 3rd. Analysts expect Chiba Bank to announce earnings of $1.11 per share and revenue of $392.8630 million for the quarter.

Chiba Bank Price Performance

OTCMKTS:CHBAY opened at $75.71 on Monday. Chiba Bank has a one year low of $62.28 and a one year high of $78.67. The stock has a market cap of $11.74 billion, a PE ratio of 17.05 and a beta of 0.10. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a 50 day moving average price of $73.61 and a 200 day moving average price of $64.91.

Analyst Ratings Changes

Separately, Zacks Research upgraded Chiba Bank from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has an average rating of “Strong Buy”.

About Chiba Bank

Chiba Bank, Ltd. (OTCMKTS: CHBAY) is a regional commercial bank headquartered in Chiba City, Japan. Established in 1943, the bank offers a broad range of banking and financial services to individual, corporate and public sector clients. As one of the largest financial institutions in Chiba Prefecture, Chiba Bank plays a central role in supporting local economic activity and community development.

The bank’s core business activities include deposit-taking, lending, and trust services. Chiba Bank provides retail customers with savings accounts, fixed-term deposits, personal loans and mortgage financing.