Mizuho Financial (MFG) AI Stock Analysis

• Market Cap: $90.01B
• Dividend Yield: 2.38%
• Average Volume (3M): 2.92M
• Price to Earnings (P/E): 13.6
• Beta (1Y): 1.13
• Revenue Growth: -2.84%
• EPS Growth: 25.48%
• Country: US
• Employees: 51,212
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.21
• Shares Outstanding: 12,449,243,000
• 10 Day Avg. Volume: 3,355,707
• 30 Day Avg. Volume: 2,918,483
• PEG Ratio: 0.38
• Price to Book (P/B): 1.00
• Price to Sales (P/S): 1.21
• P/FCF Ratio: -2.51
• Enterprise Value/Market Cap: 64.76
• Enterprise Value/Revenue: 0.69
• Enterprise Value/Gross Profit: 1.51
• Enterprise Value/Ebitda: 4.49
• 1Y Price Target: $39.17
• Price Target Upside: 441.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.59
• Revenue Forecast (FY): $19.59B

• Rating: 64 Neutral
• Price Target: $8.00 ▲(10.65% Upside)

Mizuho Financial's overall stock score is driven by strong technical indicators and a reasonable valuation. However, financial performance is a concern due to high leverage and cash flow challenges. The stock's bullish momentum and fair valuation are significant positives, but potential liquidity issues and high debt levels present risks.

Positive Factors

Profitability Margins

Mizuho's strong net profit margin indicates effective cost management and operational efficiency, supporting long-term profitability.

Leadership Appointments

New leadership in global fixed income may enhance strategic direction and integration across regions, strengthening market position.

Revenue Diversification

Diversified revenue streams from international operations reduce dependency on domestic markets, enhancing resilience to local economic fluctuations.

Negative Factors

High Leverage

Significant leverage poses risks in volatile markets and may limit financial flexibility, impacting long-term stability.

Declining Revenue Growth

Declining revenue growth could hinder future profitability and market competitiveness, challenging long-term business expansion.

Cash Flow Challenges

Negative cash flows indicate potential liquidity issues, which could constrain investment in growth opportunities and operational flexibility.

Mizuho Financial Business Overview & Revenue Model

Company Description

Mizuho 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.

How the Company Makes Money

Mizuho Financial generates revenue through multiple streams, primarily from interest income, fee income, and trading income. Interest income is derived from loans provided to individuals and corporations, where the bank earns interest on the principal amount lent. Fee income comes from various services offered, such as asset management fees, advisory fees for mergers and acquisitions, and transaction fees related to securities trading. Additionally, Mizuho engages in proprietary trading and brokerage services, contributing to its trading income. The bank also benefits from significant partnerships with corporations and financial institutions, enhancing its service offerings and expanding its market reach. Furthermore, Mizuho's international presence allows it to capitalize on global financial markets, thus diversifying its revenue sources.

Mizuho Financial Financial Statement Overview

Summary

Mizuho Financial shows strong profitability margins with a healthy net profit margin of 22.71%. However, declining revenue growth and high leverage with a debt-to-equity ratio of 5.83 are concerning. Cash flow challenges, including negative operating and free cash flows, highlight potential liquidity issues.

Income Statement

Mizuho Financial's income statement shows a mixed performance. The gross profit margin remains strong, indicating efficient cost management. However, the revenue growth rate has declined by 5.25% in the latest period, which is a concern. The net profit margin is healthy at 22.71%, but the negative revenue growth could impact future profitability. EBIT and EBITDA margins are stable, reflecting consistent operational efficiency.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 5.83, suggesting significant leverage, which poses a risk in volatile markets. Return on equity is moderate at 8.48%, indicating decent profitability relative to shareholder equity. The equity ratio is low, highlighting a reliance on debt financing, which could be a potential risk if interest rates rise.

Cash Flow

Cash flow analysis shows challenges, with negative operating and free cash flows in the latest period. The free cash flow to net income ratio is positive, indicating that despite negative cash flows, the company is generating income. However, the negative free cash flow growth rate and operating cash flow coverage ratio suggest liquidity issues that need addressing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.49T	8.60T	7.86T	4.89T	2.84T	2.89T
Gross Profit	3.85T	3.59T	2.86T	2.58T	2.28T	2.26T
EBITDA	1.30T	1.40T	1.13T	945.90B	769.51B	819.14B
Net Income	1.01T	885.43B	678.99B	555.53B	530.48B	471.02B
Balance Sheet
Total Assets	10.00T>	10.00T>	10.00T>	10.00T>	10.00T>	10.00T>
Cash, Cash Equivalents and Short-Term Investments	67.29T	10.00T>	72.97T	67.15T	51.36T	74.42T
Total Debt	60.79T	60.89T	58.95T	45.34T	40.96T	40.31T
Total Liabilities	10.00T>	10.00T>	10.00T>	10.00T>	10.00T>	10.00T>
Stockholders Equity	11.00T	10.44T	10.23T	9.13T	9.08T	9.26T
Cash Flow
Free Cash Flow	0.00	-4.17T	1.63T	8.68T	4.78T	16.40T
Operating Cash Flow	0.00	-3.82T	1.88T	8.87T	4.92T	16.61T
Investing Cash Flow	0.00	3.79T	1.98T	6.61T	-1.86T	-9.76T
Financing Cash Flow	0.00	-299.03B	-230.99B	-611.14B	-522.06B	40.82B

Mizuho Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MFG, the sentiment is Positive. The current price of 7.23 is above the 20-day moving average (MA) of 7.12, above the 50-day MA of 6.78, and above the 200-day MA of 6.01, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 55.38 is Neutral, neither overbought nor oversold. The STOCH value of 43.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MFG.

Mizuho Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
USB	76 Outperform	$83.12B	12.24	11.69%	3.77%	2.91%	33.77%
LYG	71 Outperform	$74.62B	17.09	7.85%	3.30%	-20.94%	-18.71%
PNC	71 Outperform	$82.35B	13.55	11.31%	3.14%	1.79%	30.93%
ITUB	69 Neutral	$72.60B	9.92	19.90%	9.77%	11.82%	3.41%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
MFG	64 Neutral	$90.01B	13.58	9.14%	2.38%	-2.84%	25.48%
IBN	63 Neutral	$108.07B	17.01	17.41%	0.87%	10.85%	7.98%

Mizuho Financial Corporate Events

Mizuho Financial Releases Interim Financial Statements for September 2025

On November 28, 2025, Mizuho Financial Group published its unaudited interim consolidated financial statements for the six months ending September 30, 2025, prepared under Japanese GAAP. The report, filed with Japanese authorities, highlights differences between Japanese and U.S. GAAP and includes a semiannual audit by Ernst & Young ShinNihon LLC. The financial statements reveal changes in assets and liabilities, with total assets increasing to 288,757,081 million yen as of September 30, 2025. This financial disclosure may impact stakeholders by providing insights into the company’s financial health and operational adjustments.

Mizuho Financial Announces Leadership Changes Effective November 2025

On October 23, 2025, Mizuho Financial Group, Inc. announced upcoming changes in its Board of Directors and Executive Officers, effective November 30, 2025. Hidekatsu Take will assume the role of Member of the Board of Directors, Deputy President, and Corporate Executive, while Tsutomu Yamamoto has resigned from his position as Senior Managing Executive Officer. These changes reflect Mizuho’s strategic adjustments in its leadership structure, potentially impacting its operational focus and stakeholder relations.