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MFGMizuho Financial Group, Inc.
$9.40$114.5B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
MFG logo

Mizuho Financial Group, Inc.

MFG
NYSE · Large & Global Banks
$9.40
At close - Nov 6, 4:00 PM EST - USD
Market Cap$114.51B
P/E13.0x
52W High$11.49
Volume7.67M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2027Q1

BoJ-Driven NII Surge Offsets CRE Provision Risk

Mizuho's earnings are accelerating on the Bank of Japan's rate normalization, with net interest income up 22.4% YoY in 2027Q1 and total revenue reaching $2.4T, while the efficiency ratio improved to 26.0%.

GrowthAccelerating
ProfitabilityStrong
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

MFG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

+16% Peers

P/E is 16% above peer median

03

Market leadership

RS 55 · Avg

Average momentum (RS Rating: 55)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 13
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to $2.4T in 2027Q1 with NII up 22.4% YoY and fee income at 35.8% of total revenue, while the efficiency ratio improved to 26.0% from 45.8% in 2025Q4.

Analyst Consensus+6.4% target
Hold(5 analysts)
1 Buy3 Hold1 Sell

The Bull Case

Upside Catalysts

Strong Earnings Outlook

MFG recently reported earnings per share that surpassed analyst expectations, indicating effective management and operational efficiency. Analysts anticipate the company will continue to deliver above‑expectations earnings for FY2025.

Undervalued Growth Potential

The stock trades at a price‑to‑earnings growth (P/E/G) ratio of 0.63, suggesting it is undervalued relative to its growth prospects. Analysts view MFG as transitioning from a value play to a normalized bank, opening room for further upside.

Positive Technical Momentum

Multiple technical indicators – the 5‑day, 50‑day and 200‑day moving averages, and the RSI – all signal a “Buy” or “Strong Buy.” The momentum indicator crossed above the 0 level on March 31 2026, and historically the stock has climbed after such moves.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
MFG+29.21%
S&P 500 (^GSPC)+7.63%
1-Year Return
MFG+42.69%
S&P 500 (^GSPC)+9.69%
3-Year Return
MFG+189.45%
S&P 500 (^GSPC)+68.97%
5-Year Return
MFG+271.52%
S&P 500 (^GSPC)+56.99%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
13.0x
Forward P/EExpansion
0.1x
EV/EBITDA100th %ile
12.2x
FCF YieldCash Flow
2.7%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
13.0x
0.1x
100th· High
EV/EBITDA
12.2x
2.3x
100th· High
Price/FCF
37.2x
0.0x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$2.99-68.2%
Base (Fair)$5.98-36.4%
Bull$9.78+4.0%
$2.99 Bear$5.98 Base$9.78 Bull
Current Market Price: $9.40
Trades at a 57.2% premium to Base DCF ($5.98)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY26
$4745.98B+30.2% YoY
Net income FY26
$1323.93B+49.5% YoY
Free cash flow FY26
$487.72B+111.7% YoY
Operating margin FY26
36.2%+3.6 pts YoY
ROIC (FY26)1.7%
Avg ROIC 5Y1.2%
ROE (TTM)12.3%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate12/12 (100%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$0.22+29.4%
vs $0.17
$15.8B+187.4%
vs $5.5B
Q2 2026
May 15, 2026
$0.12+71.4%
vs $0.07
$5.7B+7.0%
vs $5.3B
Q1 2026
Feb 2, 2026
$0.16+14.3%
vs $0.14
$6.1B+16.8%
vs $5.2B
Q4 2025
Nov 14, 2025
$0.20+17.6%
vs $0.17
$5.6B+8.6%
vs $5.1B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Newsfile Corp·5d ago
Mayfair Gold's Fenn-Gib Gold Project Designated Under Ontario's "One Project, One Process" Streamlined Permitting Framework

Toronto, Ontario--(Newsfile Corp. - November 2, 2026) - Mayfair Gold Corp. (TSXV: MFG) (NYSE American: MINE) ("Mayfair" or the "Company") is pleased to announce that its 100%-owned Fenn-Gib Gold Project ("Fenn-Gib" or the "Project"), located in the Timmins region of Northern Ontario, has been selected as a designated project under the Government of Ontario's new "One Project, One Process" ("1P1P") framework. The designation is expected to streamline permitting and provide more predictable timelines.

Zacks Investment Research·Oct 26, 2026
Down 13.6% in 4 Weeks, Here's Why You Should You Buy the Dip in Mizuho (MFG)

Mizuho (MFG) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Defense World·Sep 28, 2026
First Northern Community Bancorp (NASDAQ:FNRN) vs. Mizuho Financial Group (NYSE:MFG) Critical Analysis

Mizuho Financial Group (NYSE: MFG - Get Free Report) and First Northern Community Bancorp (NASDAQ: FNRN - Get Free Report) are both finance companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, institutional ownership, dividends, profitability and risk. Insider and Institutional Ownership 3.3%

Zacks Investment Research·Sep 8, 2026
Mizuho (MFG) is a Great Momentum Stock: Should You Buy?

Does Mizuho (MFG) have what it takes to be a top stock pick for momentum investors? Let's find out.

Filtered for Mizuho Financial Group, Inc.More Headlines
04

Compare before deciding

Benchmark MFG against direct peers instead of judging its metrics in isolation.

Peers Comparison

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

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MFG logoMFGMizuho Financial Group, Inc.Current
$9.40$114.51B13.0530.2%30.97%12.28%2.11%
MUFG logoMUFGMitsubishi UFJ Financial Group, Inc.
$20.97$236.48B13.969.98%33.77%11.58%2.24%
SMFG logoSMFGSumitomo Mitsui Financial Group, Inc.
$23.31$90.31B8.8519.34%29.36%16.76%2.42%
DB logoDBDeutsche Bank AG
$34.84$65.47B9.436.86%22.07%9.31%—
BBVA logoBBVABanco Bilbao Vizcaya Argentaria, S.A.
$25.05$138.41B11.254149.34%27.65%18.61%3.13%
ING logoINGING Groep N.V.
$31.82$90.75B12.052.26%16.52%13.15%—

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 19.0% over the trailing twelve months, compared with the twelve months before.

Is MFG profitable?

Yes. Mizuho Financial Group, Inc. (MFG) earned $1.39T in net income over the trailing twelve months (a 31.0% net margin).

Dividend & Returns
Does MFG pay dividends?

Yes. Mizuho Financial Group, Inc. (MFG) pays a dividend that yields 2.11% at the current price, a moderate yield.

What is MFG's return on equity?

Mizuho Financial Group, Inc. (MFG) had a return on equity (ROE) of 12.3% over the trailing twelve months. That is in line with the market's typical 10-15%.

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 61.5%. This is reasonable for a bank.

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

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

See returns →