Mizuho Financial Group, Inc.(MFG)Earnings, Financials & Key Ratios

MFG•NYSE•Banking & Credit

$10.19

15.4× P/E·Price updated Jul 7, 2026

SectorFinancial Services IndustryRegional Banks Sub-IndustryNon-US regional and universal banks

AboutMizuho 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.Show more

Net Interest Income$1460.14B+39.7%
Total Revenue$9490.33B+10.4%
Net Income$1323.93B+49.5%
Return on Equity12.05%+41.8%
Net Interest Margin0.48%+30.4%
Efficiency Ratio30.77%+10.1%
ROA0.45%+43.2%
Equity / Assets3.77%+1.6%
Book Value per Share922.65+10.8%

MFG Price & Volume

Mizuho Financial Group, Inc. (MFG) stock price & volume — 10-year historical chart

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Mizuho Leverages Yield Capture Amid Strategic Transformation

Investment Thesis • Updated 2026Q4

VerdictNeutral

Growth:Accelerating

Profitability:Moderate

Financial:Healthy

Cash Flow:Robust

Primary Risk:Interest rate policy sensitivity

Key Thesis Takeaways

Mizuho Financial Group is successfully navigating a shifting domestic interest rate environment, evidenced by a 27.9% growth in net interest income as of 2026Q4.
While the bank is aggressively rebalancing its 219.5 trillion yen investment securities portfolio to capture yield, investors should monitor the potential for valuation volatility and the impact of elevated non-interest expenses on the 38.3% efficiency ratio.
The firm's commitment to shareholder returns, highlighted by 819.6 billion yen in capital distributions, remains a key pillar of the investment case alongside its pivot toward fee-based advisory services.

Verdict Logic

Positive: The bank's forward P/E of 0.10 and strong 27.9% NII growth trajectory suggest significant upside potential as the firm continues to optimize its balance sheet and capital return programs.

MFG Growth Metrics

Mizuho Financial Group, Inc. (MFG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years12.45%

5 Years26.86%

3 Years24.76%

TTM-

Profit CAGR

10 Years7.03%

5 Years22.96%

3 Years33.57%

TTM41.49%

EPS CAGR

10 Years7.32%

5 Years23.57%

3 Years34.66%

TTM45.21%

Return on Capital

10 Years1.17%

5 Years1.43%

3 Years1.53%

Last Year1.07%

MFG Recent Earnings

Mizuho Financial Group, Inc. (MFG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 10/12 qtrs (83%)●Beat Revenue 12/12 qtrs (100%)

Q2 2026Latest

May 15, 2026

Metric

Actual

Est

EPS

$0.21+200.0%

$0.07

Rev

$5.7B+7.0%

$5.3B

Q1 2026

Feb 2, 2026

Metric

Actual

Est

EPS

$0.16+14.3%

$0.14

Rev

$6.1B+16.8%

$5.2B

Q4 2025

Dec 29, 2025

Metric

Actual

Est

EPS

$0.21+44.7%

$0.15

Rev

$14.3B+179.1%

$5.1B

Q3 2025

Jul 31, 2025

Metric

Actual

Est

EPS

$0.15+0.0%

$0.15

Rev

$13.9B+153.1%

$5.5B

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 15, 2026	$0.21vs $0.07+200.0%	$5.7Bvs $5.3B+7.0%
Q1 2026	Feb 2, 2026	$0.16vs $0.14+14.3%	$6.1Bvs $5.2B+16.8%
Q4 2025	Dec 29, 2025	$0.21vs $0.15+44.7%	$14.3Bvs $5.1B+179.1%
Q3 2025	Jul 31, 2025	$0.15vs $0.15+0.0%	$13.9Bvs $5.5B+153.1%

Based on last 12 quarters of dataView full earnings history →

Latest MFG News

Recent stock market news and headlines for Mizuho Financial Group, Inc. (MFG)

Business Wire·Jun 28, 2026

Announcement Regarding Filing of Annual Report on Form 20-F with the U.S. Securities and Exchange Commission

NEW YORK--(BUSINESS WIRE)--Mizuho Financial Group, Inc. hereby announces that it filed an annual report on Form 20-F with the U.S. Securities and Exchange Commission on June 26, 2026. A copy of the Form 20-F annual report can be obtained at https://www.mizuhogroup.com/investors/financial-information?tab=form20f. Holders of Mizuho Financial Group, Inc. American Depository Receipts may request a complimentary hard copy of the completed audited financial statements by emailing [email protected].

PRNewsWire·Jun 18, 2026

MAYFAIR GOLD REPORTS FINAL POSITIVE RESULTS AND ANALYSIS FROM GRADE CONTROL DRILLING PROGRAM

TORONTO, June 18, 2026 /PRNewswire/ - Mayfair Gold Corp. ("Mayfair", "Mayfair Gold", or the "Company") (TSXV: MFG) (NYSE American: MINE) is pleased to announce final results and evaluation of the tight-spaced Grade Control ("GC") drilling program. Highlights and analysis from the Grade Control ("GC") drilling test area1: Grade Control program tested ~1.0M tonnes of the probable mineral reserves from the 2026 Pre-Feasibility Study (the "PFS") 2 , about 25% of Phase 1 Reserve model validated in test area At a 0.8 g/t Au cut-off grade, the Grade Control model returned the similar grade as the reserve model, with approximately 2% more contained metal 28% more tonnes at 7% higher grade for material above 3.0 g/t Au De-risking of early years' high-grade feed and cash flow profile Improved confidence in early cash flows will facilitate project financing discussions with counter parties Potential to bring forward higher-grade production Mayfair Gold reports positive results from the analysis of the grade control ("GC") program completed in late 2025 at the Fenn-Gib Project, confirming approximately 1 million tonnes of ore-grade material that was categorized as probable reserves in the PFS, or roughly 25% of the Phase 1 planned design.

Peers Comparison

Key metrics vs top competitors for Mizuho Financial Group, Inc. (MFG)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
MFGMizuho Financial Group, Inc.Current	$10.19	$124.14B	15.41	10.35%	13.95%	12.05%	1.91%
MUFGMitsubishi UFJ Financial Group, Inc.	$21.29	$240.31B	15.30	14.62%	18.46%	10.82%	—
SMFGSumitomo Mitsui Financial Group, Inc.	$25.31	$98.06B	15.63	12.08%	16.32%	16.32%	—
DBDeutsche Bank AG	$36.64	$70.1B	10.38	-8.25%	12.79%	8.7%	—
BBVABanco Bilbao Vizcaya Argentaria, S.A.	$26.07	$145.26B	13.50	4.08%	22.98%	17.25%	—
INGING Groep N.V.	$32.24	$92.74B	13.31	-65.31%	15.23%	12.38%	—

Compare MFG vs Peers

Mizuho Financial Group, Inc. (MFG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MUFG

Most directly comparable listed peer for MFG.

Scale Benchmark

vs JPM

Larger-name benchmark to compare MFG against a more recognizable public peer.

Peer Set

Compare Top 5

vs MUFG, SMFG, DB, BBVA

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MFG Frequently Asked Questions

Mizuho Financial Group, Inc. (MFG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

How fast is Mizuho Financial Group, Inc. growing?

Mizuho Financial Group, Inc. (MFG) grew revenue by 10.4% over the past year. This is steady growth.

Is MFG profitable?

Yes, Mizuho Financial Group, Inc. (MFG) is profitable, generating $1.25T in net income for fiscal year 2026 (14.0% net margin).

Dividend & Returns

Does MFG pay dividends?

Yes, Mizuho Financial Group, Inc. (MFG) pays a dividend with a yield of 1.91%. This makes it attractive for income-focused investors.

What is MFG's return on equity?

Mizuho Financial Group, Inc. (MFG) has a return on equity (ROE) of 12.0%. This is reasonable for most industries.

Industry Metrics

What is Mizuho Financial Group, Inc.'s net interest margin?

Mizuho Financial Group, Inc. (MFG) has a net interest margin (NIM) of 0.5%. NIM has been under pressure due to interest rate environment.

What is Mizuho Financial Group, Inc.'s efficiency ratio?

Mizuho Financial Group, Inc. (MFG) has an efficiency ratio of 30.8%. This is excellent, indicating strong cost control.

What if you invested $1,000 in MFG back in 2003?

Total return calculator · dividends reinvested · 23+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 15, 2026

$0.21vs $0.07+200.0%

$5.7Bvs $5.3B+7.0%

Q1 2026

Feb 2, 2026

$0.16vs $0.14+14.3%

$6.1Bvs $5.2B+16.8%

Q4 2025

Dec 29, 2025

$0.21vs $0.15+44.7%

$14.3Bvs $5.1B+179.1%

Q3 2025

Jul 31, 2025

$0.15vs $0.15+0.0%

$13.9Bvs $5.5B+153.1%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

MFGMizuho Financial Group, Inc.Current

$10.19

$124.14B

15.41

10.35%

13.95%

12.05%

1.91%

MUFGMitsubishi UFJ Financial Group, Inc.

$21.29

$240.31B

15.30

14.62%

18.46%

10.82%

—

SMFGSumitomo Mitsui Financial Group, Inc.

$25.31

$98.06B

15.63

12.08%

16.32%

—

DBDeutsche Bank AG

$36.64

$70.1B

10.38

-8.25%

12.79%

8.7%

—

BBVABanco Bilbao Vizcaya Argentaria, S.A.

$26.07

$145.26B

13.50

4.08%

22.98%

17.25%

—

INGING Groep N.V.

$32.24

$92.74B

13.31

-65.31%

15.23%

12.38%

—