Chiba Bank (OTCMKTS:CHBAY) Posts Earnings Results, Beats Estimates By $0.19 EPS

Chiba Bank (OTCMKTS:CHBAYGet Free Report) posted its quarterly earnings data on Friday. The company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.19, Zacks reports. Chiba Bank had a return on equity of 7.53% and a net margin of 20.92%.

Chiba Bank Price Performance

Shares of OTCMKTS CHBAY remained flat at $71.42 during midday trading on Friday. The stock had a trading volume of 90 shares, compared to its average volume of 332. The company has a market capitalization of $11.08 billion, a PE ratio of 17.00 and a beta of 0.08. Chiba Bank has a 52-week low of $62.28 and a 52-week high of $71.42. The stock has a 50 day moving average of $64.21 and a 200 day moving average of $56.78.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Chiba Bank to a “hold” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

View Our Latest Report on CHBAY

Chiba Bank Company Profile

(Get Free Report)

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.

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Earnings History for Chiba Bank (OTCMKTS:CHBAY)

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