Company Overview

Mizuho Financial Group, Inc., together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through five segments: Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, and Asset Management Company. The company provides deposit products; syndicated, housing, and card loans; business matching services; and advisory services related to overseas expansions, and mergers and acquisitions-related services. It also offers consulting services, including asset management and asset succession; payroll services; and sells lottery tickets issued by prefectures and ordinance-designated cities. In addition, it offers financial solutions, such as bonds, mergers and acquisitions advisory, risk hedging products, etc. for corporate customers to meet their needs in fund-raising, investment management, and financial strategies; solutions based on their capital management, business strategy, and financial strategy; real estate agency services; advisory services and solutions, such as advice on proposals on various investment products to financial institutions; and financial services that include funding support and public bonds underwriting. Further, the company offers sales and trading services to meet needs for customers; investment products for individual customers; and consulting services for institutional investors. Additionally, the company provides products and services related to trust, securitization and structured finance, pension, and stock transfers; securities services; and research, private banking, and information technology-related services. Mizuho Financial Group, Inc. was incorporated in 2003 and is headquartered in Tokyo, Japan.

  • Name

    Mizuho Financial Group, Inc.

  • CEO

    Masahiro Kihara

  • Website

    www.mizuho-fg.co.jp

  • Sector

    Banks

  • Year Founded

    2000

Company Statistics

Profile

  • Market Cap

  • EV

  • Shares Out

  • Revenue

  • Employees

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

  • Net

  • FCF

Returns (5Yr Avg)

  • ROA

  • ROTA

  • ROE

  • ROCE

  • ROIC

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

  • Rev 5Yr

  • Rev 10Yr

  • Dil EPS 3Yr

  • Dil EPS 5Yr

  • Dil EPS 10Yr

  • Rev Fwd 2Yr

  • EBITDA Fwd 2Yr

  • EPS Fwd 2Yr

  • EPS LT Growth Est

Dividends

  • Yield

  • Payout

  • DPS

  • DPS Growth 3Yr

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

Bulls Say

  • Mizuho has significantly improved its previously inferior capital position, allowing it to return more capital to shareholders and invest in growth.

  • Mizuho's long-term cost-reduction plans should give it room to invest in IT and growth areas, while still reducing its cost/income ratio over time.

  • Compared with its Japanese megabank peers, expectations for Mizuho remain relatively low, in our view, giving room for upside surprise as long as the group continues to perform well.

Bears Say

  • Mizuho depends on institutional banking and securities business, with less earnings diversification than peers from areas like consumer finance, leasing, and local banking outside of Japan.

  • Mizuho's retail business in Japan is less profitable than those of some peers, despite improvement in recent years.

  • With less capital to spare until recently, Mizuho has not been able to match its Japanese megabank rivals in investments in Southeast and South Asia.

Source: Morningstar Analysis - Nov 17, 2025

What's happening

Nov 6, 2025 - Dec 6, 2025

Mizuho Financial Group Inc. Surges Amid Strong Earnings and Strategic Moves

  • Mizuho Financial Group announced a significant share buyback program and increased dividend, boosting investor confidence.
  • The company reported a 13.7% rise in operating recurring profit and over 21% growth in net income.
  • Despite facing challenges from management issues at Magellan Financial Group, overall sentiment remained bullish due to strong financial disclosures.

Over the past month, Mizuho Financial Group Inc (MFG) experienced an impressive movement of 10.5%, significantly outperforming the S&P 500's return of 1.2%. This performance underscores MFG's strong relative strength compared to broader market trends, particularly within the financial sector.

A key driver for this bullish trend was the announcement made by Mizuho on November 14 regarding its plans for a substantial share buyback program and an increase in dividends. The company intends to repurchase up to 2.4% of its shares while reporting robust financial results that included a notable increase in operating recurring profit by 13.7% and net income growth exceeding 21%. These developments not only enhanced investor confidence but also positively influenced related assets like MFG.

However, towards the end of the month, momentum faced challenges when Magellan Financial Group’s shares dropped sharply by as much as 6.5% on November 20 due to internal management issues following allegations against its head of global equities regarding inappropriate conduct with an employee. This incident marked one of the lowest points for MFG since July and negatively impacted sentiment surrounding its stock performance.

Despite these setbacks, overall sentiment remained predominantly positive throughout most of November due to solid earnings reports from influential players such as Mizuho Financial Group Inc., which revised its full-year earnings per share guidance upward based on favorable first-half results. The market reacted favorably during this timeframe, reflecting optimism about future profitability across similar firms.

In summary, while bearish pressures arose from management controversies at Magellan Financial Group late in the month, robust financial disclosures from companies like Mizuho helped maintain a generally favorable outlook for MFG's stock performance against both sector benchmarks and broader indices; notably outperforming both its sector by approximately 8.5%. Relative to the S&P index performance over this period, it outperformed by approximately 9.3%.

TSE:8411