The Oita Bank, Ltd. (OITAF)
The Oita Bank, Ltd. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Oita, OI, JP. The stock last traded at $4.31, up 0.00% on the session, giving a market capitalisation of $325.5M. On trailing twelve-month figures it carries a trailing P/E of 18.14, a net margin of 10.9%. Its beta of 0.50 implies it has historically moved less than the broad market.
The Oita Bank, Ltd. delivers a comprehensive array of financial products and services to both individual consumers and corporate entities, primarily operating within Japan. Its business operations are structured into two key divisions: Banking and Leasing. The bank offers a diverse portfolio of financial solutions. These include a variety of deposit options such as general savings, time deposits, current accounts, and foreign currency deposit accounts. Customers can also access investment opportunities through public bonds and investment trusts. A broad spectrum of loan facilities is available, catering to needs like vehicle financing, education, home purchases, property renovation, general personal use (e.g., card and free loans), business funding, and specialized loans for demolition and repurposing of vacant properties, alongside reverse mortgages. Additionally, insurance services are provided. Furthermore, Oita Bank offers an extensive suite of digital and supplementary services. These encompass loyalty point programs, promotional campaigns, internet banking, ATM access, mobile banking via its dedicated app and PayB, various payment solutions, foreign currency exchange, mail order services, web-based account transfer reception, fund transfer acceptance, and expert consultation. The institution also facilitates foreign exchange transactions through its web platform, issues debit and credit cards, and manages international remittances. Beyond these, the company provides estate planning services, including support for inheritance and gifts, offers safe deposit boxes, processes automatic pension receipts, and assists with comprehensive pension planning. As of September 30, 2022, The Oita Bank, Ltd. operated a network comprising 93 branches. The institution was established in 1893 and maintains its corporate headquarters in Oita, Japan.
The Oita Bank, Ltd. is most often compared with the following Financial Services names: