Bank of Iwate Ltd.
TTSE:83452,055.00
JPY
-143.00
(-6.51%)
ISIN
JP3152400002
Return %
Stock
S&P 500
1Y
106.53
14.20
3Y
208.91
81.12
5Y
391.63
68.34
Capital Structure
JPY
•
in mil. unless spec.Working Capital
JPY
•
in mil. unless spec.Growth Rates
JPY
•
in mil. unless spec.Quarterly Revenue
JPY
•
in mil. unless spec.Quarterly Earnings Per Share
JPY
•
in mil. unless spec.Quarterly Dividends Per Share
JPY
•
in mil. unless spec.Company Description
- CEO
- Toru Iwayama
- Full Time Employees
- 1,365
- Sector
- Finance
- Industry
- Regional banks
- Address
- 1-2-3, Chuodori Morioka IW Japan 020-8688
- IPO Date
- Apr 2, 1973
- Website
- iwatebank.co.jp
- Similar Companies
- Business
- The Bank of Iwate, Ltd. (8345.T) engages primarily in regional banking operations within Japan, offering a comprehensive suite of financial products and services through three main segments: Commercial Banking Business, which includes current and time deposits, negotiable certificates of deposit, personal and small-to-medium enterprise (SME) loans, securities investment, foreign exchange, domestic exchange, trust services, corporate bond trust and registration, and related incidental activities; Leasing Business, encompassing financial leasing and computer processing contracts; and Credit Card and Credit Guarantee Business, providing credit card issuance, guarantees, and associated services. The bank additionally trades securities, manages investment funds, conducts consulting, regional economic surveys, and supports renewable energy initiatives, with operations centered on Iwate Prefecture and extending across the Tōhoku region, including branches in Morioka, Sendai, and Hachinohe. Founded in 1932 as Iwate Shokusan Bank and renamed The Bank of Iwate, Ltd. in 1960, the company maintains its headquarters in Morioka City, Iwate Prefecture, and oversees seven subsidiaries, including Iwagin Lease Co., Ltd., Iwagin DC Card Co., Ltd., Iwagin Credit Service Co., Ltd., Iwagin Research & Consulting Co., Ltd., manorda Iwate Co., Ltd., Iwagin Mirai Investment Co., Ltd., and Iwagin Jigyo Souzou Capital Co., Ltd., which collectively enhance its leasing, credit, consulting, investment fund management, and local trading capabilities. Recent strategic developments underscore the bank's focus on regional growth and diversification. In March 2025, The Bank of Iwate entered a comprehensive business alliance with Daiwa Securities Co., Ltd., aimed at enhancing asset formation and management services for local customers, with operational rollout scheduled for April 2026 to leverage Daiwa's platform alongside the bank's regional network. The bank plans to launch a Business Succession Fund in October 2025 to support management transitions for SMEs amid aging ownership and successor shortages, complemented by M&A initiatives, fund investments, and digital transformation (DX) collaborations with IT firms and startups. In 2024, it participated as a co-financier in Tokyo Century Corporation's acquisition of a U.S. data center operator, NTT Global Data Centers Joint Venture CH, LLC, aligning with broader support for overseas expansion and growth sectors like health tech and semiconductors. As of March 2025, total assets stand at ¥3,797 billion, with deposits at ¥3,422 billion, reflecting sustained lending growth to ¥2,198 billion, primarily in SME and personal segments.