Mizuho Financial Group Inc. logo

Mizuho Financial Group Inc.(MFG)

Top Performer Top performer
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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
5-STAR RATING
REGULAR BUY
BUY for 117 days
PROFIT SINCE LAST BUY
+23.47% ▲
LAST CLOSE
$10.89
10/02/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for MFG

10/02/2026: MFG (5-star) is a REGULAR-BUY. BUY for 117 days. Simulated Profits (23.47%). Updated daily EoD!

Mizuho Financial Group is a major Japanese bank offering a full suite of services, from retail to global investment banking. The firm's strengths lie in its deep integration within the Japanese corporate sector and a stable, diversified revenue model that supports consistent dividends. Its primary growth story revolves around international M&A expansion and modernizing its digital platform to better serve global clients. However, investors face risks from domestic interest rate volatility, the challenge of updating legacy IT systems, and intense competition from other global megabanks. The stock is best suited for value and dividend-focused investors, with ongoing developments in central bank policy and digital transformation being key to monitor.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitMizuho is a mature financial institution focused more on stability and dividends than rapid capital appreciation.
Momentum investorStrong fit while signal remains positiveThe stock can participate in momentum rallies driven by changes in Japanese monetary policy.
Value investorStrong fitThe company often trades at attractive price-to-book ratios relative to global banking peers.
Dividend investorStrong fitConsistent dividend history makes it an appealing choice for income-focused portfolios.
Low-risk investorMedium fitWhile established, the stock is subject to currency fluctuations and macroeconomic volatility inherent in global banking.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumThe ADR price is subject to both market sentiment and JPY/USD exchange rate movements.
Valuation riskLowValue-based metrics suggest the stock remains reasonably priced relative to underlying assets.
Competition risk (Japanese Megabank competition)Medium / highIntense rivalry with MUFG and SMFG limits market share expansion potential.
Business qualityStrongAs a systemically important bank, Mizuho maintains a deeply integrated and stable business model.
Dividend incomeStrongThe company maintains a reliable dividend distribution policy for shareholders.
Execution riskMediumThe success of long-term digital transformation and international M&A integration is critical for future performance.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 102.55%
Avg. Invested days 79
Today’s Advisory Regular Buy
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/02/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
MFG receives a 3-star rating, supported by solid quantitative characteristics. The rating is constrained by weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
MFG has moderate overall fundamentals (3 stars), with moderate financial health, solid growth momentum, and moderate ownership. In FY2026 versus FY2025, strong earnings growth (+49.5%) and solid cash generation (FCF margin 5.1%) are partially offset by very low insider ownership of 0.01%.

Financial Health Rating

★★★★★
MFG's financial health is supported by strong cash strength, including free-cash-flow generation of $487.7B (5.1% of revenue). Liquidity is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is MFG's strongest growth driver at +111.7% FY2026 versus FY2025 (strong, 5 stars). Revenue growth (+10.4%, solid) and earnings growth (+49.5%, strong) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 2.3% (soft) and 100.5% of outstanding shares are publicly tradable (strong). Insider ownership is only 0.01%, which materially reduces the ownership score.

Top 5 Institutional Investors

Morgan Stanley - Brokerage Accounts 0.49%
FMR Inc 0.23%
Natixis Advisors, LLC. 0.15%
JONES FINANCIAL COMPANIES LLLP 0.14%
Bank of America Corp 0.14%

Unit Economics (Per $1K Revenue)

★★★★★
MFG generates approximately $489 of gross profit, $181 of operating income, and $51 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Moderate margins and weak cash conversion support a 3-star rating, while capital efficiency is solid.

Economic Dimensions

★★★★★
Effective Tax Rate: 22.69%

Quantitative Style Profile

★★★★★
MFG has a high-quality, large-cap, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLow VolatilityLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 130.23B USD
Price to earnings Ratio 15.15
1Y Target Price 10.99
Price to earnings Ratio 15.15
1Y Target Price 10.99
Volume (30-day avg) 3.2M shares
Beta 0.39
52 Weeks Range 6.03 - 11.49
Updated Date 10/02/2026
52 Weeks Range 6.03 - 11.49
Updated Date 10/02/2026
Dividends yield (FY) 1.71%
Basic EPS (TTM) 0.71

How Company Makes Money

Business areaWhat it includesRetail investor read
Net Interest IncomeInterest earned on loans and securities less interest paid on deposits.The primary way banks make money; profitability improves as interest rates rise.
Fee & Commission IncomeAdvisory fees, brokerage commissions, and asset management fees.Diversified revenue streams that stabilize the bottom line during volatile interest rate cycles.
Geography: JapanDomestic retail, corporate banking, and trust services.This is the company's core market, accounting for the majority of operations.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 15.15
Forward PE 14.62
Enterprise Value -43.95T
Price to Sales(TTM) 0.03
Enterprise Value -43.95T
Price to Sales(TTM) 0.03
Enterprise Value to Revenue 3.92
Enterprise Value to EBITDA -
Shares Outstanding 12.10B
Shares Floating 12.17B
Shares Outstanding 12.10B
Shares Floating 12.17B
Percent Insiders 0.01
Percent Institutions 2.25

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

News (Last Updated: 10/02/2026)

About Mizuho Financial Group Inc.

Exchange NYSE
Headquarters -
IPO Launch date 2000-09-28
President, Group CEO, Representative Corporate Executive & Executive Director Mr. Masahiro Kihara
Sector Financial Services
Industry Banks - Regional
Full time employees 52427
Full time employees 52427

Mizuho Financial Group, Inc., together with its subsidiaries, engages in banking, trust banking, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. The company offers finance solutions, including corporate, syndicated, acquisition, real estate, project, ECA, and other structured finance solutions; financing and advisory solutions for capital markets comprising debt, loan, and equity capital markets; corporate finance advisory services; treasury solutions that include deposit, cash management, and trade finance; and market solutions for foreign exchange, derivatives, futures, equities, and fixed income. It also provides asset management services; research services, such as industry, macroeconomic, equity, and fixed income research; and institutional services, including markets, JPY clearing, custody, fund administration, and securities lending services. The company was founded in 1873 and is headquartered in Chiyoda, Japan.