GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Iwate Ltd (TSE:8345) » Definitions » Altman Z-Score

Bank of Iwate (TSE:8345) Altman Z-Score


View and export this data going back to 1973. Start your Free Trial

What is Bank of Iwate Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

Bank of Iwate (TSE:8345) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Iwate Ltd (TSE:8345) » Definitions » Altman Z-Score
Comparable Companies
TSE:8387 TSE:8392 TSE:8541 TSE:8393 TSE:7322 TSE:8399 TSE:7350 TSE:8337 TSE:7384 TSE:8362 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
2-3, Chuodori 1-chome, Iwate, Morioka, JPN, 020-8688
Website
http://www.iwatebank.co.jp
The Bank of Iwate is headquartered in Japan and provides financial services both in Japan and internationally. The company derives the majority of revenue providing deposit and lending services to customers. Customers include individuals, companies and governments. In addition to deposit and lending services, the company invests and trades in securities. The Bank of Iwate focuses operations in Iwate, and the Iwate Prefecture of Japan is a shareholder. The company earns the majority of revenue domestically.