Mizuho Financial Group, Inc. (MFG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Mizuho Financial Group, Inc. (MFG) stock price & volume — 10-year historical chart
Mizuho Financial Group, Inc. (MFG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Mizuho Financial Group, Inc. (MFG) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | 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% |
| Q2 2025 | May 15, 2025 | $0.03vs $0.03+9.4% | $13.3Bvs $5.4B+145.5% |
Mizuho Financial Group, Inc. (MFG) competitors in Non-US regional and universal banks — business model, growth, and fundamentals comparison
Mizuho Financial Group, Inc. (MFG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Mizuho Financial Group, Inc. (MFG) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 867.82B | 807.36B | 762.48B | 733.54B | 905.68B | 993.46B | 960.57B | 887.61B | 1.05T | 1.22T |
| NII Growth % | -13.54% | -6.97% | -5.56% | -3.8% | 23.47% | 9.69% | -3.31% | -7.6% | 17.76% | 129.2% |
| Net Interest Margin % | 0.43% | 0.39% | 0.38% | 0.34% | 0.4% | 0.42% | 0.38% | 0.32% | 0.37% | 0.42% |
| Interest Income | 1.45T | 1.62T | 2.06T | 2.01T | 1.33T | 1.31T | 3.18T | 5.77T | 6T | 5.85T |
| Interest Expense | 577.74B | 814.99B | 1.29T | 1.28T | 427.83B | 315.55B | 2.22T | 4.88T | 4.95T | 4.63T |
| Loan Loss Provision | 47.5B | -156.3B | 19.5B | 171.7B | 204.9B | 235.1B | 89.3B | 106.3B | 51.6B | 7.76B |
| Non-Interest Income | 1.56T | 1.5T | 1.43T | 1.58T | 1.56T | 1.53T | 1.71T | 2.08T | 2.6T | 2.65T |
| Non-Interest Income % | 51.91% | 48.03% | 41.04% | 43.92% | 53.84% | 53.83% | 34.98% | 26.52% | 30.23% | 31.16% |
| Total Revenue | 3.01T▲ 0% | 3.12T▲ 3.9% | 3.49T▲ 11.7% | 3.59T▲ 3.0% | 2.89T▼ 19.6% | 2.84T▼ 1.9% | 4.89T▲ 72.4% | 7.86T▲ 60.7% | 8.6T▲ 9.5% | 8.49T▲ 0% |
| Revenue Growth % | 2.37% | 3.85% | 11.72% | 2.98% | -19.58% | -1.85% | 72.4% | 60.73% | 9.47% | -0.76% |
| Non-Interest Expense | 1.6T | 1.66T | 2.06T | 1.52T | 1.6T | 1.68T | 1.8T | 1.91T | 2.4T | 2.56T |
| Efficiency Ratio | 53.11% | 53.28% | 59.01% | 42.33% | 55.52% | 59.28% | 36.86% | 24.31% | 27.95% | 30.09% |
| Operating Income | 784.19B▲ 0% | 799.95B▲ 2.0% | 116.26B▼ 85.5% | 618.72B▲ 432.2% | 652.16B▲ 5.4% | 603.87B▼ 7.4% | 778.96B▲ 29.0% | 955.03B▲ 22.6% | 1.19T▲ 24.6% | 1.3T▲ 0% |
| Operating Margin % | 26.09% | 25.62% | 3.33% | 17.23% | 22.58% | 21.3% | 15.94% | 12.16% | 13.84% | 15.28% |
| Operating Income Growth % | -22.22% | 2.01% | -85.47% | 432.19% | 5.41% | -7.4% | 28.99% | 22.6% | 24.61% | - |
| Pretax Income | 784.19B▲ 0% | 799.95B▲ 2.0% | 116.26B▼ 85.5% | 618.72B▲ 432.2% | 652.16B▲ 5.4% | 603.87B▼ 7.4% | 778.96B▲ 29.0% | 955.03B▲ 22.6% | 1.19T▲ 24.6% | 1.3T▲ 0% |
| Pretax Margin % | 26.09% | 25.62% | 3.33% | 17.23% | 22.58% | 21.3% | 15.94% | 12.16% | 13.84% | 15.28% |
| Income Tax | 137.74B | 191.63B | -2.5B | 161.5B | 174.79B | 60.69B | 218.83B | 271.74B | 301.42B | 284.42B |
| Effective Tax Rate % | 17.56% | 23.95% | -2.15% | 26.1% | 26.8% | 10.05% | 28.09% | 28.45% | 25.33% | 21.92% |
| Net Income | 603.54B▲ 0% | 576.55B▼ 4.5% | 96.57B▼ 83.3% | 448.57B▲ 364.5% | 471.02B▲ 5.0% | 530.48B▲ 12.6% | 555.53B▲ 4.7% | 678.99B▲ 22.2% | 885.43B▲ 30.4% | 1.01T▲ 0% |
| Net Margin % | 20.08% | 18.47% | 2.77% | 12.49% | 16.31% | 18.71% | 11.37% | 8.64% | 10.3% | 11.89% |
| Net Income Growth % | -10.05% | -4.47% | -83.25% | 364.52% | 5.01% | 12.62% | 4.72% | 22.23% | 30.4% | 21.69% |
| Net Income (Continuing) | 646.46B | 608.33B | 118.76B | 457.22B | 477.38B | 543.18B | 560.13B | 683.3B | 888.67B | 1.01T |
| EPS (Diluted) | 47.56▲ 0% | 45.44▼ 4.5% | 7.61▼ 83.3% | 35.37▲ 364.8% | 37.15▲ 5.0% | 41.85▲ 12.7% | 43.84▲ 4.8% | 53.58▲ 22.2% | 70.04▲ 30.7% | 81.08▲ 0% |
| EPS Growth % | -9.99% | -4.46% | -83.25% | 364.78% | 5.03% | 12.65% | 4.76% | 22.22% | 30.72% | 22.89% |
| EPS (Basic) | 47.72 | 45.46 | 7.61 | 35.38 | 37.15 | 41.85 | 43.84 | 53.58 | 70.04 | - |
| Diluted Shares Outstanding | 12.69B | 12.69B | 12.68B | 12.68B | 12.68B | 12.67B | 12.67B | 12.67B | 12.64B | 12.45B |
Mizuho Financial Group, Inc. (MFG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 67.69T | 71.39T | 62.11T | 59.15T | 74.42T | 51.36T | 67.15T | 72.97T | 122.83T | 319.66T |
| Cash & Due from Banks | 47.13T | 47.73T | 45.11T | 41.07T | 47.98T | 51.36T | 67.15T | 72.97T | 72.48T | 67.29T |
| Short Term Investments | 20.56T | 23.67T | 17T | 18.08T | 26.44T | 0 | 0 | 0 | 50.35T | 0 |
| Total Investments | 66.02T | 123.56T | 118.45T | 130.71T | 138.86T | 142.02T | 142.53T | 149.29T | 186.88T | 141.54T |
| Investments Growth % | -47.98% | 87.16% | -4.13% | 10.35% | 6.23% | 2.28% | 0.36% | 4.74% | 25.18% | 25.63% |
| Long-Term Investments | 45.46T | 99.89T | 101.45T | 112.64T | 112.42T | 142.02T | 142.53T | 149.29T | 136.53T | 557.97T |
| Accounts Receivables | 324.13B | 368.03B | 400.68B | 358.7B | 393.41B | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 1.05T | 1.09T | 620.23B | 636.14B | 620.22B | 601.29B | 572.72B | 725.14B | 808.9B | 861.95B |
| Goodwill | 74.77B | 0 | 0 | 0 | 56.25B | 52.55B | 49.61B | 116.42B | 108.03B | 0 |
| Intangible Assets | 970.71B | 1.09T | 620.23B | 636.14B | 563.97B | 548.74B | 523.11B | 608.72B | 700.87B | 861.95B |
| PP&E (Net) | 1.14T | 1.11T | 1.04T | 1.1T | 1.14T | 1.1T | 1.11T | 1.14T | 1.12T | 1.12T |
| Other Assets | -95.18B | 30.85T | 34.76T | 40.39T | 36.17T | 41.8T | 42.58T | 54.41T | 21.79T | 77.8T |
| Total Current Assets | 158.43T | 72.03T | 62.88T | 59.86T | 75.2T | 51.36T | 67.15T | 72.97T | 122.83T | 67.29T |
| Total Non-Current Assets | 42.08T | 132.99T | 137.91T | 154.8T | 150.38T | 185.71T | 187.11T | 205.7T | 160.49T | 221.47T |
| Total Assets | 200.51T▲ 0% | 205.03T▲ 2.3% | 200.79T▼ 2.1% | 214.66T▲ 6.9% | 225.59T▲ 5.1% | 237.07T▲ 5.1% | 254.26T▲ 7.3% | 278.67T▲ 9.6% | 283.32T▲ 1.7% | 288.76T▲ 0% |
| Asset Growth % | 3.64% | 2.25% | -2.07% | 6.91% | 5.09% | 5.09% | 7.25% | 9.6% | 1.67% | 6.36% |
| Return on Assets (ROA) | 0.31% | 0.28% | 0.05% | 0.22% | 0.21% | 0.23% | 0.23% | 0.25% | 0.32% | 0.35% |
| Accounts Payable | 1.88T | 1.87T | 3.02T | 2.54T | 2.98T | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 16.14T | 32.32T | 30.22T | 35.21T | 40.31T | 40.96T | 45.34T | 58.95T | 60.89T | 60.79T |
| Net Debt | -30.99T | -15.4T | -14.89T | -5.86T | -7.67T | -10.39T | -21.82T | -14.02T | -11.6T | -6.5T |
| Long-Term Debt | 11.85T | 12.8T | 11.77T | 14.39T | 18.22T | 17.84T | 16T | 18.02T | 17.61T | 19.43T |
| Short-Term Debt | 2.18T | 19.47T | 18.42T | 20.75T | 22.03T | 23.12T | 29.33T | 40.93T | 43.28T | 41.36T |
| Other Liabilities | -11.89T | 20.54T | 17.5T | 21.1T | 19.46T | 27.64T | 31.79T | 33.88T | 24.4T | 27.19T |
| Total Current Liabilities | 4.2T | 161.22T | 161.95T | 170.23T | 178.12T | 182.29T | 197.18T | 216.38T | 230.71T | 230.99T |
| Total Non-Current Liabilities | 14.06T | 33.98T | 29.65T | 35.76T | 38.11T | 45.57T | 47.87T | 51.98T | 42.08T | 46.69T |
| Total Liabilities | 191.24T | 195.21T | 191.6T | 206T | 216.22T | 227.87T | 245.05T | 268.36T | 272.8T | 277.68T |
| Total Equity | 9.27T▲ 0% | 9.82T▲ 5.9% | 9.19T▼ 6.4% | 8.66T▼ 5.8% | 9.36T▲ 8.1% | 9.2T▼ 1.7% | 9.21T▲ 0.1% | 10.31T▲ 12.0% | 10.52T▲ 2.1% | 11.08T▲ 0% |
| Equity Growth % | -0.85% | 5.91% | -6.39% | -5.77% | 8.06% | -1.72% | 0.08% | 11.99% | 2.05% | 13.52% |
| Equity / Assets (Capital Ratio) | 4.62% | 4.79% | 4.58% | 4.04% | 4.15% | 3.88% | 3.62% | 3.7% | 3.71% | 3.84% |
| Return on Equity (ROE) | 6.48% | 6.04% | 1.02% | 5.02% | 5.23% | 5.72% | 6.04% | 6.96% | 8.5% | 9.11% |
| Book Value per Share | 730.75 | 774.12 | 724.88 | 683.21 | 738.41 | 725.93 | 726.69 | 813.68 | 832.48 | 889.83 |
| Tangible BV per Share | 648.37 | 687.99 | 675.98 | 633.04 | 689.49 | 678.49 | 681.49 | 756.47 | 768.49 | 820.58 |
| Common Stock | 2.26T | 2.26T | 2.26T | 2.26T | 2.26T | 2.26T | 2.26T | 2.26T | 2.26T | 2.26T |
| Additional Paid-in Capital | 1.13T | 1.13T | 1.14T | 1.14T | 1.14T | 1.13T | 1.13T | 1.13T | 1.13T | 1.13T |
| Retained Earnings | 3.62T | 4T | 3.92T | 4.17T | 4.42T | 4.76T | 5.09T | 5.54T | 6.05T | 6.45T |
| Accumulated OCI | 1.52T | 1.68T | 1.45T | 992.96B | 1.45T | 947.2B | 662.13B | 1.32T | 1.02T | 1.17T |
| Treasury Stock | -4.85B | -6B | -7.7B | -6.41B | -7.12B | -8.34B | -8.79B | -9.4B | -9.46B | -11.32B |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Mizuho Financial Group, Inc. (MFG) cash flow — operating, investing & free cash flow history
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 4.69T | 2.97T | -2.64T | 1.9T | 16.61T | 4.92T | 8.87T | 1.88T | -3.82T | -3.82T |
| Operating CF Growth % | 14.28% | -36.75% | -188.86% | 172.15% | 773.51% | -70.4% | 80.33% | -78.74% | -302.7% | 0% |
| Net Income | 784.19B | 799.95B | 116.26B | 618.72B | 652.16B | 603.87B | 778.96B | 955.03B | 1.19T | 1.01T |
| Depreciation & Amortization | 169.08B | 177.81B | 172.28B | 156.73B | 166.97B | 165.64B | 166.94B | 178.19B | 205.92B | 0 |
| Deferred Taxes | -107.43B | 60.01B | -157.23B | -101.94B | 50.7B | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -1.91T | -784.02B | 1.38B | 513.61B | -613.5B | -795.46B | 398.39B | -2.34T | -890.34B | -1.01T |
| Working Capital Changes | 5.25T | 2.71T | -2.77T | 714.77B | 16.36T | 4.94T | 7.52T | 3.1T | -4.33T | 0 |
| Cash from Investing | 5.8T | -2.32T | 5.49T | -5.81T | -9.76T | -1.86T | 6.61T | 1.98T | 3.79T | 0 |
| Purchase of Investments | -46.2T | -61.13T | -52.47T | -72.55T | -97.43T | -102.51T | -80.98T | -78.05T | -60.07T | 0 |
| Sale/Maturity of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Net Investment Activity | -46.2T | -61.13T | -52.47T | -72.55T | -97.43T | -102.51T | -80.98T | -78.05T | -60.07T | 0 |
| Acquisitions | 301M | 1.34B | 219M | 1.07B | 1.8B | 18.24B | -3.53B | -31.22B | 2.97B | 0 |
| Other Investing | 8.63B | 16.39B | 7.81B | 9.5B | -264.49B | 481M | 9.81B | -250.16B | -210.16B | 0 |
| Cash from Financing | -24.54B | 149.96B | -18.64B | -281.85B | 40.82B | -522.06B | -611.14B | -230.99B | -299.03B | 0 |
| Dividends Paid | -190.03B | -190.38B | -190.41B | -190.39B | -190.5B | -196.78B | -209.46B | -234.79B | -304.43B | 0 |
| Share Repurchases | -3.13B | -1.61B | -2.12B | -33.64B | -7.26B | -1.93B | -2.31B | -3.38B | -102.92B | 0 |
| Stock Issued | 0 | 3M | 954M | 0 | 894M | 873M | 1.61B | 2.77B | 2.86B | 0 |
| Net Stock Activity | -3.13B | -1.61B | -1.17B | -33.64B | -6.37B | -1.05B | -699M | -616M | -100.06B | 0 |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 0 |
| Other Financing | -497.07B | -25.45B | -296.1B | -345.02B | -2.32B | -6.76B | -48.26B | -4.28B | -2.05B | 0 |
| Net Change in Cash | 10.43T▲ 0% | 810.67B▼ 92.2% | -2.08T▼ 356.5% | -4.39T▼ 111.2% | 7.12T▲ 262.1% | 3.15T▼ 55.7% | 15.69T▲ 397.3% | 5.34T▼ 66.0% | -442.45B▼ 108.3% | 0▲ 0% |
| Exchange Rate Effect | -1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 0 |
| Cash at Beginning | 35.09T | 45.52T | 46.33T | 44.25T | 39.86T | 46.98T | 50.14T | 65.83T | 71.17T | 0 |
| Cash at End | 45.52T | 46.33T | 44.25T | 39.86T | 46.98T | 50.14T | 65.83T | 71.17T | 70.72T | 0 |
| Interest Paid | 582.95B | 818.59B | 1.27T | 1.32T | 497.42B | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 246.8B | 172.89B | 175.62B | 97.63B | 217B | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 4.3T▲ 0% | 2.73T▼ 36.6% | -2.79T▼ 202.3% | 1.67T▲ 159.7% | 16.4T▲ 884.8% | 4.78T▼ 70.9% | 8.68T▲ 81.8% | 1.63T▼ 81.3% | -4.17T▼ 355.9% | 0▲ 0% |
| FCF Growth % | 13.73% | -36.56% | -202.32% | 159.67% | 884.78% | -70.86% | 81.75% | -81.25% | -355.89% | - |
Mizuho Financial Group, Inc. (MFG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 6.48% | 6.04% | 1.02% | 5.02% | 5.23% | 5.72% | 6.04% | 6.96% | 8.5% | 9.11% |
| Return on Assets (ROA) | 0.31% | 0.28% | 0.05% | 0.22% | 0.21% | 0.23% | 0.23% | 0.25% | 0.32% | 0.35% |
| Net Interest Margin | 0.43% | 0.39% | 0.38% | 0.34% | 0.4% | 0.42% | 0.38% | 0.32% | 0.37% | 0.42% |
| Efficiency Ratio | 53.11% | 53.28% | 59.01% | 42.33% | 55.52% | 59.28% | 36.86% | 24.31% | 27.95% | 30.09% |
| Equity / Assets | 4.62% | 4.79% | 4.58% | 4.04% | 4.15% | 3.88% | 3.62% | 3.7% | 3.71% | 3.84% |
| Book Value / Share | 730.75 | 774.12 | 724.88 | 683.21 | 738.41 | 725.93 | 726.69 | 813.68 | 832.48 | 889.83 |
| NII Growth | -13.54% | -6.97% | -5.56% | -3.8% | 23.47% | 9.69% | -3.31% | -7.6% | 17.76% | 32.67% |
| Dividend Payout | 31.49% | 33.02% | 197.18% | 42.44% | 40.44% | 37.1% | 37.7% | 34.58% | 34.38% | 0% |
Mizuho Financial Group, Inc. (MFG) stock FAQ — growth, dividends, profitability & financials explained
Mizuho Financial Group, Inc. (MFG) grew revenue by 9.5% over the past year. This is steady growth.
Yes, Mizuho Financial Group, Inc. (MFG) is profitable, generating $1.01T in net income for fiscal year 2025 (10.3% net margin).
Yes, Mizuho Financial Group, Inc. (MFG) pays a dividend with a yield of 1.81%. This makes it attractive for income-focused investors.
Mizuho Financial Group, Inc. (MFG) has a return on equity (ROE) of 8.5%. This is below average, suggesting room for improvement.
Mizuho Financial Group, Inc. (MFG) has a net interest margin (NIM) of 0.4%. NIM has been under pressure due to interest rate environment.
Mizuho Financial Group, Inc. (MFG) has an efficiency ratio of 27.9%. This is excellent, indicating strong cost control.
Mizuho Financial Group, Inc. (MFG) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates