Mizuho Financial Group (8411) Stock Overview

Engages in banking, trust banking, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. More details

8411 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	5/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 34.8% below our estimate of its fair value

Earnings are forecast to grow 6.91% per year

Earnings grew by 41% over the past year

Pays a reliable dividend of 1.94%

Risk Analysis

No risks detected for 8411 from our risk checks.

8411 Community Fair Values

Create Narrative

See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

Americas CIB Expansion And Rising Fee Income Will Drive Powerful Long Term Upside

Top Analyst Narratives

1.3% overvalued

AnalystConsensusTarget

18d ago

8411: Share Buyback And Improved Projections Will Support Fair Value Outlook

Rising Global CIB Ambitions And AI Spending Will Pressure Margins Over Time

18.0% overvalued

AnalystHighTarget

5mo ago

Americas CIB Expansion And Rising Fee Income Will Drive Powerful Long Term Upside

View all narratives

Mizuho Financial Group, Inc. Competitors

Sumitomo Mitsui Financial Group

TSE:8316

JP¥23.7t

JAPAN POST BANK

TSE:7182

JP¥11.3t

Mitsubishi UFJ Financial Group

TSE:8306

JP¥36.3t

Sumitomo Mitsui Trust Group

TSE:8309

JP¥4.1t

Price History & Performance

Summary of share price highs, lows and changes for Mizuho Financial Group
Historical stock prices
Current Share Price	JP¥7,716.00
52 Week High	JP¥7,966.00
52 Week Low	JP¥3,873.00
Beta	0.39
1 Month Change	15.10%
3 Month Change	17.77%
1 Year Change	95.44%
3 Year Change	263.28%
5 Year Change	372.65%
Change since IPO	-11.41%

Recent News & Updates

Narrative Update • May 18

8411: Share Repurchases And Capital Policy Will Support Higher Future Earnings Multiple

Analysts have raised their price target for Mizuho Financial Group from ¥7,212.08 to ¥7,615.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Mizuho Financial Group announced a share repurchase program of up to 25,000,000 shares, about 1.03% of issued share capital, for ¥100,000 million.

Recent updates

Narrative Update • May 18

8411: Share Repurchases And Capital Policy Will Support Higher Future Earnings Multiple

Narrative Update • Apr 26

8411: Ongoing Share Repurchases Will Support Higher Future Earnings Multiple

Analysts now see Mizuho Financial Group’s fair value shifting from ¥6,920 to about ¥7,212, reflecting updated assumptions around modestly higher revenue, slightly stronger profit margins, a small adjustment to the discount rate, and a marginally higher future P/E multiple. What's in the News Mizuho Financial Group has been repurchasing shares under its ongoing buyback, acquiring 31,687,600 shares, or 1.28% of shares, for ¥215,514.78 million between January 1, 2026 and March 11, 2026, and has completed a total of 47,016,600 shares, or 1.9%, for ¥299,999.89 million under the program announced on November 14, 2025 (Key Developments).

Narrative Update • Apr 09

8411: Extended Buybacks And Stable Earnings Outlook Will Support Fair Value

Analysts have kept their ¥6,920 price target for Mizuho Financial Group unchanged, citing only slight refinements in assumptions such as the discount rate and future P/E ratio, rather than any change in the core earnings outlook. What's in the News Mizuho Financial Group completed a share repurchase of 47,016,600 shares, representing 1.9% of shares for ¥299,999.89 million under the buyback program announced on November 14, 2025 (company disclosure).

Narrative Update • Mar 26

8411: Extended Buybacks And Earnings Guidance Will Likely Support Fair Value

The analyst price target for Mizuho Financial Group has shifted from about ¥6,753 to ¥6,920, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E that analysts see as better aligning with their latest valuation work. What's in the News Mizuho Financial Group provided earnings guidance for the fiscal year ending March 31, 2026, projecting profit attributable to owners of parent of ¥1,130,000 million and earnings per share of common stock of ¥454.39 (company guidance).

Narrative Update • Mar 09

8411: Extended Buybacks And Stable Profit Outlook Will Likely Support Fair Value

Analysts now set their price target for Mizuho Financial Group at ¥6,753, up modestly from ¥6,716, citing small adjustments to fair value assumptions, discount rate, revenue growth, profit margin, and forward P/E inputs. What's in the News Mizuho Financial Group scheduled a board meeting for February 2, 2026 to consider and approve the repurchase of common stock, signaling continued focus on its share repurchase framework (Key Developments).

Narrative Update • Feb 23

8411: Buybacks And Modest Profit Outlook Will Likely Support Fairly Priced Shares

Analysts have lifted their price target on Mizuho Financial Group from ¥6,468 to ¥6,716, citing updated assumptions for revenue growth, profit margins and future P/E that feed into a slightly higher fair value estimate. What's in the News On February 2, 2026, Mizuho Financial Group extended its existing share repurchase plan through March 31, 2026 (company announcement).

Narrative Update • Feb 09

8411: Buyback And Dividend Support Will Likely Fail To Offset Valuation Risk

Analysts have lifted their price target for Mizuho Financial Group from ¥6,335 to about ¥6,468, citing updated assumptions that combine a slightly lower discount rate, a higher profit margin of about 36.8%, and a modestly lower future P/E estimate of around 12.2. What's in the News Mizuho Financial Group extended its existing share buyback plan to March 31, 2026, keeping the program in place longer than originally scheduled (company announcement, February 2, 2026). The company issued earnings guidance for the fiscal year ending March 31, 2026, with profit attributable to owners of parent projected at ¥1,130,000 million and earnings per share of ¥454.39 (corporate guidance, February 2, 2026).

Narrative Update • Jan 25

8411: Buyback, Dividend And Updated Guidance Will Support Steady Future Returns

Analysts have raised their fair value estimate for Mizuho Financial Group from ¥5,751.82 to ¥6,335.00, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E that they view as better aligned with current company fundamentals. What's in the News Mizuho Financial Group completed a share repurchase of 15,329,000 shares, representing 0.62% of its shares, for ¥84,485.11 million under the buyback announced on November 14, 2025 (Key Developments).

Narrative Update • Jan 10

8411: Buyback And Higher Dividend Will Support Steady Longer-Term Shareholder Returns

Analysts have lifted their price target on Mizuho Financial Group to ¥5,751.82 from ¥5,435.45, citing slightly lower assumed revenue declines, a modestly higher profit margin, a small change in the discount rate, and a marginally higher future P/E multiple as key drivers of the update. What's in the News Mizuho Financial Group approved a share repurchase program of up to 60,000,000 shares, or 2.41% of issued share capital, for ¥200,000 million.

Narrative Update • Dec 14

8411: Buyback And Higher Dividend Will Support Cautious Longer-Term Returns

Analysts have modestly raised their price target on Mizuho Financial Group to approximately ¥5,435 from about ¥5,335, citing slightly lower discount rates, a marginally improved profit margin outlook, and a higher expected future price to earnings multiple. What's in the News Mizuho Financial Group announced a new share repurchase program of up to 60,000,000 shares, or about 2.41% of its issued share capital, for ¥200,000 million, with all repurchased shares to be cancelled and the program running until February 28, 2026 (Key Developments).

Narrative Update • Nov 28

8411: Share Buybacks And Higher Dividend Will Support A Measured Outlook

Analysts have raised their price target for Mizuho Financial Group from ¥5,232 to ¥5,335. They cite improved revenue growth projections and a slightly lower discount rate as key factors supporting the upward revision.

Narrative Update • Nov 14

8411: Share Repurchase Program And Improved Margin Will Support Stable Outlook

Analysts have maintained their price target for Mizuho Financial Group at ¥5,231.82. They noted that minor adjustments in profit margin and growth assumptions balanced each other out, resulting in no overall change to fair value estimates.

Narrative Update • Oct 31

8411: Share Buyback And Improved Projections Will Support Fair Value Outlook

Analysts have updated their price target for Mizuho Financial Group, maintaining the fair value estimate at ¥5,231.82. They cite modest improvements in revenue projections and a slightly higher discount rate as reasons for this update.

Narrative Update • Oct 17

Calculated Partnerships With Greenhill And Rakuten Propel Growth And Elevate Earnings Potential

Mizuho Financial Group's analyst price target has been increased slightly, rising from ¥5,191.82 to ¥5,231.82. Analysts cite modest improvements in fair value estimates and updated expectations for future earnings multiples as the reasons for this change.

Narrative Update • Oct 03

Calculated Partnerships With Greenhill And Rakuten Propel Growth And Elevate Earnings Potential

Analysts have raised their price target for Mizuho Financial Group from ¥5,035 to ¥5,192, citing slightly improved profit margins and revenue growth projections, along with a modest decrease in the discount rate. What's in the News Mizuho Financial Group has completed the repurchase of 23,909,200 shares, representing 0.95 percent of shares, for ¥99,999.72 million under the buyback program announced in May 2025 (Key Developments).

Analysis Article • Sep 23

Mizuho Financial Group (TSE:8411) Has Announced A Dividend Of ¥72.50

Mizuho Financial Group, Inc. ( TSE:8411 ) has announced that it will pay a dividend of ¥72.50 per share on the 8th of...

Analysis Article • Sep 09

Mizuho Financial Group (TSE:8411) Has Announced A Dividend Of ¥72.50

The board of Mizuho Financial Group, Inc. ( TSE:8411 ) has announced that it will pay a dividend on the 8th of...

Narrative Update • Sep 05

Calculated Partnerships With Greenhill And Rakuten Propel Growth And Elevate Earnings Potential

Mizuho Financial Group's slightly higher future P/E indicates modestly increased earnings expectations, while a stable discount rate supports a marginally higher consensus price target, which has edged up from ¥4972 to ¥5035. What's in the News Completed share buyback of 23,909,200 shares (0.95%) for ¥99,999.72 million under May 2025 program.

Analysis Article • Aug 25

Mizuho Financial Group (TSE:8411) Has Announced A Dividend Of ¥72.50

The board of Mizuho Financial Group, Inc. ( TSE:8411 ) has announced that it will pay a dividend of ¥72.50 per share on...

Analysis Article • Aug 11

Mizuho Financial Group (TSE:8411) Is Due To Pay A Dividend Of ¥72.50

Mizuho Financial Group, Inc.'s ( TSE:8411 ) investors are due to receive a payment of ¥72.50 per share on 8th of...

Analysis Article • Jul 27

Mizuho Financial Group (TSE:8411) Has Announced A Dividend Of ¥72.50

Mizuho Financial Group, Inc.'s ( TSE:8411 ) investors are due to receive a payment of ¥72.50 per share on 8th of...

Analysis Article • Jul 13

Mizuho Financial Group (TSE:8411) Is Due To Pay A Dividend Of ¥72.50

Mizuho Financial Group, Inc. ( TSE:8411 ) has announced that it will pay a dividend of ¥72.50 per share on the 8th of...

New Narrative • Jan 05

Calculated Partnerships With Greenhill And Rakuten Propel Growth And Elevate Earnings Potential

Strategic acquisitions, partnerships, and cost-cutting initiatives aim to enhance competitive edge, improve efficiency, and expand revenue streams for Mizuho Financial Group.

Shareholder Returns

	8411	JP Banks	JP Market
7D	7.2%	5.0%	1.4%
1Y	95.4%	74.8%	43.3%

Return vs Industry: 8411 exceeded the JP Banks industry which returned 74.8% over the past year.

Return vs Market: 8411 exceeded the JP Market which returned 43.3% over the past year.

Price Volatility

Is 8411's price volatile compared to industry and market?
8411 volatility
8411 Average Weekly Movement	6.3%
Banks Industry Average Movement	6.1%
Market Average Movement	4.8%
10% most volatile stocks in JP Market	9.3%
10% least volatile stocks in JP Market	2.4%

Stable Share Price: 8411 has not had significant price volatility in the past 3 months compared to the JP market.

Volatility Over Time: 8411's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2000	52,554	Masahiro Kihara	www.mizuho-fg.co.jp

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. It operates through Retail & Business Banking Company; Corporate & Investment Banking Company; Global Corporate & Investment Banking Company; Global Markets Company; Asset Management Company; and Others segments. The company provides deposit products; syndicated, housing, and card loans; business matching services; management of retirement payments; and advisory services related to overseas expansions, and mergers and acquisitions-related services.

Mizuho Financial Group, Inc. Fundamentals Summary

How do Mizuho Financial Group's earnings and revenue compare to its market cap?
8411 fundamental statistics
Market cap	JP¥18.80t
Earnings (TTM)	JP¥1.25t
Revenue (TTM)	JP¥4.40t

15.1x

P/E Ratio

1.7x

P/B Ratio

Is 8411 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8411 income statement (TTM)
Revenue	JP¥4.40t
Cost of Revenue	JP¥0
Gross Profit	JP¥4.40t
Other Expenses	JP¥3.15t
Earnings	JP¥1.25t

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	512.48
Gross Margin	100.00%
Net Profit Margin	28.37%
Debt/Equity Ratio	644.9%

How did 8411 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

29%

Payout Ratio

Does 8411 pay a reliable dividends?

See 8411 dividend history and benchmarks

When do you need to buy 8411 by to receive an upcoming dividend?
Mizuho Financial Group dividend dates
Ex Dividend Date	Mar 30 2026
Dividend Pay Date	Jun 08 2026
Days until Ex dividend	68 days
Days until Dividend pay date	2 days

Does 8411 pay a reliable dividends?

See 8411 dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/05 00:05
End of Day Share Price	2026/06/05 00:00
Earnings	2026/03/31
Annual Earnings	2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mizuho Financial Group, Inc. is covered by 27 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Shinichi Tamura	Barclays
Shinichiro Nakamura	BofA Global Research
Koichi Niwa	Citigroup Inc

Mizuho Financial Group (8411) Stock Overview

Rewards

Risk Analysis

Analyst Price Targets

8411: Share Buyback And Improved Projections Will Support Fair Value Outlook

Rising Global CIB Ambitions And AI Spending Will Pressure Margins Over Time

Americas CIB Expansion And Rising Fee Income Will Drive Powerful Long Term Upside

Top Analyst Narratives

8411: Share Buyback And Improved Projections Will Support Fair Value Outlook

Rising Global CIB Ambitions And AI Spending Will Pressure Margins Over Time

Americas CIB Expansion And Rising Fee Income Will Drive Powerful Long Term Upside

Mizuho Financial Group, Inc. Competitors

Sumitomo Mitsui Financial Group

JAPAN POST BANK

Mitsubishi UFJ Financial Group

Sumitomo Mitsui Trust Group

Price History & Performance

Recent News & Updates

8411: Share Repurchases And Capital Policy Will Support Higher Future Earnings Multiple

Mizuho Considers Broader Rakuten Ties as Bank Shares Rise 10.4% on Investment Talks

Mizuho Financial Group, Inc., Annual General Meeting, Jun 26, 2026

Full year 2026 earnings: EPS and revenues exceed analyst expectations

Mizuho Financial Group, Inc. (TSE:8411) announces an Equity Buyback for 25,000,000 shares, representing 1.03% for ¥100,000 million.

Mizuho Financial Group, Inc. to Report Fiscal Year 2026 Results on May 15, 2026

Recent updates

8411: Share Repurchases And Capital Policy Will Support Higher Future Earnings Multiple

Mizuho Considers Broader Rakuten Ties as Bank Shares Rise 10.4% on Investment Talks

Mizuho Financial Group, Inc., Annual General Meeting, Jun 26, 2026

Full year 2026 earnings: EPS and revenues exceed analyst expectations

Mizuho Financial Group, Inc. (TSE:8411) announces an Equity Buyback for 25,000,000 shares, representing 1.03% for ¥100,000 million.

Mizuho Financial Group, Inc. to Report Fiscal Year 2026 Results on May 15, 2026

8411: Ongoing Share Repurchases Will Support Higher Future Earnings Multiple

8411: Extended Buybacks And Stable Earnings Outlook Will Support Fair Value

8411: Extended Buybacks And Earnings Guidance Will Likely Support Fair Value

Upcoming dividend of JP¥72.50 per share

8411: Extended Buybacks And Stable Profit Outlook Will Likely Support Fair Value

Mizuho Financial Group, Inc. Announces Changes in Board Roles and Executive, Effective April 1, 2026

New minor risk - Share price stability

8411: Buybacks And Modest Profit Outlook Will Likely Support Fairly Priced Shares

Investor sentiment improves as stock rises 15%

8411: Buyback And Dividend Support Will Likely Fail To Offset Valuation Risk

Third quarter 2026 earnings: EPS and revenues exceed analyst expectations

Mizuho Financial Group, Inc. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2026

Price target increased by 8.4% to JP¥6,465

8411: Buyback, Dividend And Updated Guidance Will Support Steady Future Returns

Price target increased by 8.8% to JP¥6,102

Mizuho Financial Group, Inc. Appoints Ahmed Siddiqi as Regional Head of Corporate Investment Bank for the Middle East, Africa, Turkiye and Central Asia Caucasus

8411: Buyback And Higher Dividend Will Support Steady Longer-Term Shareholder Returns

8411: Buyback And Higher Dividend Will Support Cautious Longer-Term Returns

First half dividend of JP¥72.50 announced

Mizuho Financial Group, Inc. to Report Q3, 2026 Results on Feb 02, 2026

8411: Share Buybacks And Higher Dividend Will Support A Measured Outlook

Second quarter 2026 earnings: EPS and revenues exceed analyst expectations

Mizuho Financial Group, Inc. Announces Dividend for the Second Quarter Ended September 30, 2025, Commencement of Dividend Payment (Scheduled) on December 5, 2025

8411: Share Repurchase Program And Improved Margin Will Support Stable Outlook

Mizuho Financial Group, Inc. (TSE:8411) announces an Equity Buyback for 60,000,000 shares, representing 2.41% for ¥200,000 million.

8411: Share Buyback And Improved Projections Will Support Fair Value Outlook

Mizuho Financial Group, Inc. Announces Board Changes, Effective November 30, 2025

Mizuho Financial Group, Inc. Announces Management Appointments

Calculated Partnerships With Greenhill And Rakuten Propel Growth And Elevate Earnings Potential

Calculated Partnerships With Greenhill And Rakuten Propel Growth And Elevate Earnings Potential

Mizuho Financial Group (TSE:8411) Has Announced A Dividend Of ¥72.50

Semnur Pharmaceuticals, Inc. completed the acquisition of Denali Capital Acquisition Corp. (NasdaqGM:DECA) from a group of shareholders in a reverse merger transaction.

Mizuho Financial Group (TSE:8411) Has Announced A Dividend Of ¥72.50

Calculated Partnerships With Greenhill And Rakuten Propel Growth And Elevate Earnings Potential

Mizuho Financial Group, Inc. to Report Q2, 2026 Results on Nov 14, 2025

Mizuho Financial Group (TSE:8411) Has Announced A Dividend Of ¥72.50

Mizuho Financial Group (TSE:8411) Is Due To Pay A Dividend Of ¥72.50

First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind

Mizuho Financial Group, Inc. Revises Consolidated Earnings Guidance for the Fiscal Year 2025 Ending March 31, 2026

Mizuho Financial Group (TSE:8411) Has Announced A Dividend Of ¥72.50

Mizuho Securities Co., Ltd., Mizuho Financial Group, Inc. (TSE:8411) and Mizuho International plc agreed to acquire Augusta & Co. plc.

Mizuho Financial Group (TSE:8411) Is Due To Pay A Dividend Of ¥72.50

Final dividend of JP¥72.50 announced

Hotel 101 Global Pte. Ltd completed the acquisition of JVSPAC Acquisition Corp. (NasdaqCM:JVSA) from Winky Investments Limited, AQR Capital Management, LLC, Meteora Capital, LLC, Mizuho Financial Group, Inc. (TSE:8411) and others in reverse merger transaction.

Scage International Limited completed the acquisition of Finnovate Acquisition Corp. (NasdaqGM:FNVT) from a group of shareholders in a reverse merger transaction.

Full year 2025 earnings: EPS and revenues miss analyst expectations

Mizuho Financial Group, Inc. to Report Q1, 2026 Results on Jul 31, 2025

Mizuho Is Said to Be on Cusp of Buying Indian Investment Bank Avendus

Namib Minerals completed the acquisition of Hennessy Capital Investment Corp. VI (NasdaqGM:HCVI) from a group of shareholders in a reverse merger transaction.