MFG · NYSE · Banks - Regional

Mizuho Financial Group (ADR) (MFG)

Integrates banking, securities, trust, and asset management within a Tokyo-based financial group.

$10.87
After hours+0.00 (+0.05%)
At close$10.87(−2.03%)
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Mizuho Financial Group, Inc.MFG
Financial sector

Combines banking, securities, trust, asset management, and research and consulting in a Tokyo-based financial group. Built from three major banking lineages, its model depends on coordinating specialized subsidiaries and maintaining stable shared systems after repeated failures prompted stronger regulatory oversight.

Combines banking, securities, trust, asset management, and research and consulting within a Tokyo-based financial holding group. Retail and corporate banking sit alongside capital-markets and fiduciary services, giving clients access to multiple financial functions through one platform.

Built from the combination of Dai-Ichi Kangyo Bank, Fuji Bank, and the Industrial Bank of Japan, the group has repeatedly worked to integrate their operations and governance. The merger of its main banks advanced the One Mizuho structure.

Execution centers on coordinating specialized subsidiaries while maintaining stable shared systems. Repeated customer-affecting failures led Japanese regulators to require stronger IT-risk controls, group oversight, and governance. The operating model therefore depends on reliable systems and sustained integration across banking, securities, and trust businesses.

Company facts

CEOMasahiro Kihara
ListedNov 8, 2006
ExchangeNYSE
HeadquartersTokyo, Japan
CountryJapan
Employees52,554
CIK0001335730
ISINUS60687Y1091

Market cap$135.10B
EPS (ttm)$0.7247
P/E (ttm)15.30
ROE12.4%
P/B1.86
P/S2.36
Dividend yieldDiv yield1.66%
Beta1.22vs XLF 0.26

Price target$10.00−8.3%Average of 5 analysts
ConsensusHold3 of 5 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Nov 13, 26
in 52 days
EPS estimate
$0.19
Revenue estimate
$6.79B
Fiscal quarter
Q2 FY27

EPSReportedEstimate

Feb '25May '25Jul '25Nov '25Feb '26May '26Jul '26Nov '26
Reported$0.15$0.03$0.15$0.20$0.16$0.12$0.22Pending
Estimate$0.10$0.03$0.15$0.17$0.14$0.07$0.17$0.19
Surprise+50.0%+9.4%0.0%+17.6%+14.3%+71.4%+29.4%

RevenueReportedEstimate

Feb '25May '25Jul '25Nov '25Feb '26May '26Jul '26Nov '26
Reported$15.23B$4.49B$13.89B$5.57B$6.10B$5.66B$15.83BPending
Estimate$4.44B$4.34B$5.49B$5.13B$5.22B$5.29B$5.51B$6.79B
Surprise+242.9%+3.3%+153.1%+8.6%+16.8%+7.0%+187.4%
Estimate$0.19
ReportedDue Nov 13, 2026
Estimate$6.79B
ReportedDue Nov 13, 2026
View details

Debt to equity591.00%
Current ratio114.50%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$13.46B$15.22B$12.31B$12.78B$13.65B$14.18B$14.43B$14.99B
Net income$1.76B$1.84B$191.0M$1.85B$2.54B$2.10B$1.48B$2.72B
Net margin13.1%12.1%1.6%14.4%18.6%14.8%10.3%18.2%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income$2.50B$2.39B$145.2M$2.41B$3.31B$2.70B$1.94B$3.82B
YoY growth+39.3%+15.7%−32.0%−4.7%+32.1%+12.9%+1,233.0%+58.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $333.94B · Total debt $429.46B · Total assets $1.92T · Shareholders' equity $72.67B

Revenue
$14.99B
Operating income
$3.82B
Net income
$2.72B

Reported in JPY, converted at the latest exchange rate

View details

Dividend yield
1.66%
Next ex-date
Sep 30, 26
estimated · in 8 days
Annual dividend
$0.18
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

Sep '22Mar '23Sep '23Mar '24Sep '24Mar '25Sep '25Mar '26
Dividend$0.062$0.0606$0.0678$0.0703$0.0867$0.1033$0.0932$0.0904
Annual yield5.52%4.36%3.64%3.47%3.75%3.45%2.93%2.31%
Ex-dateSep 29Mar 30Sep 28Mar 27Sep 30Mar 31Sep 30Mar 31
Payment dateDec 16Jun 16Dec 18Jun 17Dec 16Jun 16Dec 15Jun 18
View details

Institutions2.20%274.50M ADS
467 holders · as of Jun 30, 2026
Insiders0.02%1.93M ADS
28 holders · as of Jul 6, 2026
Strategic holders5.90%735.03M ADS
1 holder · as of Feb 4, 2022
Other91.88%11.44B ADS
remainder

12.45B ADS (1 ADS = 0 ordinary shares) as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Sumitomo Mitsui Trust Holdings, Inc.Strategic
5.90%735.03Mfiled Feb 4, 2022
Morgan StanleyInstitution
0.49%60.95M ADSas of Jun 30, 2026
FMR LLCInstitution
0.23%28.05M ADSas of Jun 30, 2026
Natixis Advisors, L.P.Institution
0.14%17.79M ADSas of Jun 30, 2026
Jones Financial Companies LLLPInstitution
0.14%16.83M ADSas of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

CompareAfter hours

CompanyPriceChange
Mizuho Financial Group (ADR)$10.87+0.05%$135.10B15.317.82.4+14.0%
Mitsubishi UFJ Financial Group (ADR)$23.50+1.73%$264.10B15.417.73.0+12.4%
Sumitomo Mitsui Financial Group (ADR)$26.14−0.04%$103.33B6.817.71.0+22.0%
Nomura (ADR)$10.02+0.65%$29.64B13.7−43.9%
JPMorgan Chase$340.40+0.10%$943.29B15.214.13.2+27.8%
Goldman Sachs$949.49−0.03%$283.03B14.813.72.4+39.5%
Median15.014.12.7+22.0%