Suruga Bank Ltd. (SUGBY) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Suruga Bank Ltd. (SUGBY) trades at $80.02. Suruga Bank Ltd. is a regional bank in Japan providing a range of financial products and services to individuals and corporate clients. Market cap: $1.36B, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for SUGBY: SUGBY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SUGBY against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on SUGBY.
How is this calculated? →Suruga Bank Ltd. (SUGBY) Financial Services Profile
Suruga Bank Ltd., established in 1895, is a Japanese regional bank providing diverse banking solutions, including deposit accounts, loans, and investment products, to individual and corporate clients. Operating through 128 branches, Suruga Bank distinguishes itself with a focus on regional financial needs and a commitment to community development.
What Is the Investment Thesis for SUGBY?
Suruga Bank Ltd. presents a stable investment opportunity within the Japanese regional banking sector. With a P/E ratio of 12.71 and a profit margin of 29.7%, the bank demonstrates solid profitability. A dividend yield of 1.92% provides a steady income stream for investors. The bank's beta of 0.42 suggests lower volatility compared to the broader market. Growth catalysts include strategic expansion of digital banking services and leveraging its regional presence to capture market share. Potential risks include exposure to economic fluctuations in the Japanese market and increasing competition from larger national banks and fintech companies. Monitoring loan portfolio performance and adapting to evolving regulatory requirements are crucial for sustained growth.
Based on FMP financials and quantitative analysis
SUGBY Key Highlights
Market capitalization of $1.36B, reflecting substantial investor confidence.
- P/E ratio of 12.71, indicating a potentially undervalued stock relative to earnings.
- Profit margin of 29.7%, showcasing efficient operations and strong profitability.
- Gross margin of 95.7%, highlighting the bank's ability to manage costs effectively.
- Dividend yield of 1.92%, providing a consistent income stream for shareholders.
Who Are SUGBY's Competitors?
SUGBY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AAALF Aareal Bank AG | $31.99 | +0.00% | $2.04B | 58 |
| AAALY Aareal Bank AG | $34.65 | +0.00% | $2.19B | 58 |
| AIFLF Aiful Corporation | $3.05 | +0.00% | $1.46B | 55 |
| BTPNF PT Bank BTPN Tbk | $0.17 | +0.00% | $1.86B | 46 |
| HMCBF Home Capital Group Inc. | $32.52 | +0.34% | $1.24B | 48 |
| CTBI Community Trust Bancorp, Inc. | $76.31 | +0.27% | $1.39B | 94 |
| BHRB Burke & Herbert Financial Services Corp. | $71.00 | +0.14% | $1.43B | 93 |
| HBT HBT Financial, Inc. | $35.46 | +0.11% | $1.29B | 93 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SUGBY's Key Strengths?
Established brand and reputation in the regional market.
- Diversified range of banking and financial services.
- Strong network of branches across Japan.
- Solid profitability with a healthy profit margin.
What Are SUGBY's Weaknesses?
Limited international presence compared to larger banks.
- Exposure to economic fluctuations in the Japanese market.
- Dependence on traditional banking services.
- Potential vulnerability to cyber security threats.
What Could Drive SUGBY Stock Higher?
Expansion of digital banking services to attract younger customers and enhance customer experience.
- Strategic partnerships with fintech companies to offer innovative financial products and services.
- Focus on sustainable and socially responsible banking practices to enhance the bank's reputation.
- Potential regulatory changes in the Japanese banking sector that could benefit regional banks.
- Launch of new loan products and services tailored to specific customer segments in Q3 2026.
What Are the Key Risks for SUGBY?
Financial-distress signal — its Altman Z-Score of 0.37 sits in the distress zone (elevated bankruptcy risk).
- Increasing competition from larger national banks and fintech companies.
- Low interest rate environment impacting profitability.
- Economic downturn in the Japanese market affecting loan portfolio performance.
- Cyber security threats and data breaches compromising customer information.
- Regulatory changes and compliance costs impacting operational efficiency.
What Are the Growth Opportunities for SUGBY?
- Expansion of Digital Banking Services: Suruga Bank can capitalize on the growing demand for digital banking solutions by enhancing its online and mobile banking platforms. Investing in user-friendly interfaces, secure transaction capabilities, and personalized financial advice can attract younger customers and improve customer retention. The Japanese fintech market is projected to reach $10 billion by 2028, offering significant growth potential for Suruga Bank's digital initiatives.
- Strategic Partnerships with Fintech Companies: Collaborating with fintech companies can enable Suruga Bank to offer innovative financial products and services, such as peer-to-peer lending, robo-advisory, and blockchain-based solutions. These partnerships can enhance the bank's competitiveness and attract new customer segments. The partnership approach allows Suruga Bank to quickly adapt to changing market dynamics and leverage specialized expertise.
- Focus on Sustainable and Socially Responsible Banking: Suruga Bank can differentiate itself by emphasizing sustainable and socially responsible banking practices. Offering green loans, supporting local community development projects, and promoting financial inclusion can enhance the bank's reputation and attract socially conscious investors. The global market for sustainable investments is growing rapidly, presenting a significant opportunity for Suruga Bank.
- Strengthening Regional Presence and Customer Relationships: Suruga Bank can leverage its existing network of 128 branches to deepen customer relationships and expand its market share in the region. Providing personalized financial advice, tailored loan products, and community-focused initiatives can enhance customer loyalty and attract new customers. The bank's local expertise and understanding of regional economic conditions provide a competitive advantage.
- Diversification of Revenue Streams through Fee-Based Services: Suruga Bank can diversify its revenue streams by expanding its fee-based services, such as wealth management, investment advisory, and insurance products. Offering a comprehensive range of financial solutions can increase customer lifetime value and reduce reliance on interest income. The demand for wealth management services is growing in Japan, driven by an aging population and increasing affluence.
What Are SUGBY's Competitive Advantages?
- Established regional presence with a network of 128 branches.
- Long-standing history and reputation in the Japanese banking sector.
- Strong relationships with local communities and businesses.
- Diversified range of financial products and services.
What Does SUGBY Do?
Founded in 1895, Suruga Bank Ltd. has evolved into a key regional financial institution in Japan. The bank provides a comprehensive suite of banking and financial products and services to both individual and corporate customers. Its offerings include a variety of deposit products such as time deposits, ordinary deposits, savings deposits, and foreign currency deposits, as well as current and general accounts. Suruga Bank also provides a wide array of loan products, including card loans, housing loans, second house loans, resort loans, startup loans, project assistance loans, and business up term loans. Additional services encompass credit and debit cards, overdrafts, investment trusts, public bonds, pension contributions, insurance, inheritance/trust services, lottery services, and foreign currency exchange. Suruga Bank also offers modern conveniences such as pay-easy, Web oral receipt, safe deposit boxes, external linkage, foreign remittance, fund management, e-combination, payment, nursing care/medical care/dispensing compensation receivable factoring, mortgage, and Internet and telephone banking services. Beyond traditional banking, Suruga Bank extends its services to staffing, money lending and credit guarantee, mortgage loans guarantee, printing, bookbinding, packing and shipping, leasing, and clerical agency and system engineering services. Suruga Bank operates through a network of 128 branches across Japan, with its headquarters located in Numazu.
What Products and Services Does SUGBY Offer?
- Provides deposit products, including time, ordinary, and foreign currency deposits.
- Offers various loan products such as housing, card, and business loans.
- Provides credit and debit cards to individual and corporate customers.
- Offers investment trust and public bond services.
- Provides insurance and pension contribution services.
- Provides inheritance and trust services.
- Offers internet and telephone banking services.
How Does SUGBY Make Money?
- Generates revenue through interest income from loans.
- Earns fees from services such as investment trusts and insurance products.
- Profits from foreign currency exchange and remittance services.
- Provides staffing and leasing services for additional income.
What Industry Does SUGBY Operate In?
Suruga Bank Ltd. operates within the Japanese regional banking sector, characterized by increasing competition and evolving customer preferences. The industry is undergoing digital transformation, with banks investing in fintech solutions to enhance customer experience and operational efficiency. The Japanese banking sector is also influenced by the country's aging population and low interest rate environment. Suruga Bank competes with other regional banks, as well as larger national banks, to provide financial services to individuals and businesses. Key trends include consolidation within the sector and a growing emphasis on sustainable and socially responsible banking practices.
Who Are SUGBY's Key Customers?
- Individual customers seeking deposit accounts and loans.
- Corporate clients requiring business loans and financial services.
- Customers seeking investment and wealth management services.
- Local communities benefiting from community development initiatives.
Forward Outlook
Wall Street analysts project Suruga Bank Ltd. revenue of about $91.86B for fiscal 2026, with EPS near $1669.51.
Earnings Track Record
Suruga Bank Ltd. has beaten Wall Street's EPS estimate in 7 of its last 8 reported quarters — a consistent record of delivering on expectations. Reported results have landed about 63.1% above estimates on average.
Financial Health
Suruga Bank Ltd.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.37 places it in the distress zone, a signal of elevated financial risk.
Key Financial Metrics
Return on equity for Suruga Bank Ltd. stands at 13.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.2%, showing how much profit it generates from its asset base. SUGBY trades at a trailing price-to-earnings ratio of 11.31, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 89.64 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 8.8%, the inverse of the P/E and a quick read on earnings relative to price.
Suruga Bank Ltd. (SUGBY) Valuation Context
Valued at $1.36B, SUGBY is classified as a small-cap stock.
SUGBY Revenue & Earnings Trend
In Q2 2026, SUGBY generated $36.82B in top-line revenue, marking a sequential increase of 102.2%. The company recorded net income of $14.27B, with diluted EPS of $837.90. Quarter-over-quarter revenue has been mixed, typical for a small-cap company operating in Financial Services. Across the four most recent quarters, SUGBY averaged $638.92 in diluted EPS.
Company Profile
Suruga Bank Ltd. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Numazu, JP. The company is led by CEO Kosuke Kato. SUGBY has traded publicly since 1994.
SUGBY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2026
Bull Case vs Bear Case
Bull Case
- Established brand and reputation in the regional market.
- Diversified range of banking and financial services.
- Strong network of branches across Japan.
- Solid profitability with a healthy profit margin.
Bear Case
- Limited international presence compared to larger banks.
- Exposure to economic fluctuations in the Japanese market.
- Dependence on traditional banking services.
- Potential vulnerability to cyber security threats.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $36.82B | $14.27B | $837.90 |
| Q1 2026 | $18.21B | $11.03B | $642.30 |
| Q4 2025 | $26.29B | $8.22B | $478.40 |
| Q3 2025 | $23.98B | $10.56B | $597.10 |
Based on FMP financials and quantitative analysis
SUGBY Latest News
No recent news available for SUGBY.
SUGBY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SUGBY.
Price Targets
Wall Street price target analysis for SUGBY.
SUGBY MoonshotScore
What does this score mean?
The MoonshotScore rates SUGBY 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Kosuke Kato
CEO
Kosuke Kato serves as the CEO of Suruga Bank Ltd., overseeing the bank's operations and strategic direction. His background includes extensive experience in the financial services industry, with a focus on regional banking and corporate finance. Kato has held various leadership positions within Suruga Bank, contributing to the bank's growth and development over the years. He is committed to driving innovation and enhancing customer experience through digital transformation initiatives.
Track Record: Under Kosuke Kato's leadership, Suruga Bank has focused on strengthening its regional presence and expanding its digital banking capabilities. Key achievements include the implementation of new technology platforms, the launch of innovative financial products, and the enhancement of customer service standards. Kato has also emphasized sustainable and socially responsible banking practices, aligning the bank's operations with environmental and social goals.
Suruga Bank Ltd. ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. SUGBY functions as a Level 1 ADR, meaning it trades over-the-counter (OTC) without needing to meet the stringent listing requirements of exchanges like the NYSE or NASDAQ. This allows U.S. investors to easily invest in Suruga Bank.
- Home Market Ticker: Tokyo Stock Exchange, Japan
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: SUGB
SUGBY OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Suruga Bank Ltd. (SUGBY) may have limited regulatory oversight and disclosure requirements compared to companies listed on major exchanges like the NYSE or NASDAQ. Companies in this tier may not be required to meet specific financial standards or reporting guidelines, which can increase investment risk due to a lack of transparency and information.
- OTC Tier: OTC Other
- Limited regulatory oversight and disclosure requirements.
- Potential for information asymmetry and lack of transparency.
- Higher price volatility due to lower trading volumes.
- Increased risk of fraud or manipulation.
- Difficulty in obtaining timely and accurate financial information.
- Verify the company's registration and legal status.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team and their track record.
- Research any news or reports about the company.
- Consult with a financial advisor to assess the risks.
- Understand the trading characteristics and liquidity of the stock.
- Established history and reputation in the Japanese banking sector.
- Operation through a network of 128 branches in Japan.
- Compliance with Japanese banking regulations.
- Availability of some financial information through public sources.
- Presence of a management team with industry experience.
SUGBY Financial Services Stock FAQ
What does Suruga Bank Ltd. do?
Suruga Bank Ltd. is a regional bank in Japan that provides a wide range of banking and financial products and services to individuals and corporate customers. Its core business includes deposit accounts, various types of loans (housing, card, business), credit and debit cards, and investment services such as investment trusts and public bonds.
What do analysts say about SUGBY stock?
Analyst coverage of SUGBY stock may be limited due to its OTC listing and regional focus. Key valuation metrics to consider include the P/E ratio of 12.71 and the dividend yield of 1.92%. Growth considerations involve the bank's ability to expand its digital banking services, manage credit risk, and adapt to evolving regulatory requirements.
What are the main risks for SUGBY?
The main risks for Suruga Bank Ltd. include increasing competition from larger national banks and fintech companies, the low interest rate environment in Japan impacting profitability, and potential economic downturns affecting loan portfolio performance. Cyber security threats and data breaches also pose a risk to customer information and the bank's reputation.
What are the key factors to evaluate for SUGBY?
Evaluate SUGBY on fundamentals, analyst consensus, and risk factors. Suruga Bank Ltd. presents a stable investment opportunity within the Japanese regional banking sector. Not financial advice.
How frequently does SUGBY data refresh on this page?
SUGBY's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven SUGBY's recent stock price performance?
Suruga Bank Ltd. (SUGBY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established brand and reputation in the regional market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SUGBY overvalued or undervalued right now?
Suruga Bank Ltd. (SUGBY) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research SUGBY before investing?
Before investing in Suruga Bank Ltd. (SUGBY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2026-03-16.
- OTC market data may have limited availability and reliability.
- AI analysis is pending and may provide further insights.