Chiba Bank (CHBAY) to Release Earnings on Monday

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

Chiba Bank Stock Performance

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

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Chiba Bank from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Chiba Bank 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.