# Mizuho Financial Group, Inc. (MFG)

> Source: Nexqual · https://nexqual.com/MFG · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Mizuho Financial Group, Inc. (MFG), nexqual.com/MFG" · informational, not investment advice.

**Price:** USD 9.71 (-3.00% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 10.01 · day 9.68–9.84 · 52w 6.43–11.49 · market cap $117B · NYQ

## Key facts
- Analysts: Sell (mean 3.50 on a 1–5 scale) (2 analysts), mean target USD 10.99 (range 8.9–13.07).
- Total return with dividends: 1Y +51.3% vs S&P 500 +14.9%; 5Y +283.8% vs S&P 500 +80.3%.
- Next earnings: 2026-11-13, EPS estimate USD 0.21, revenue estimate $1.04T.

## Analysts
Consensus Sell (mean 3.50 on a 1–5 scale), 2 analysts; mean target USD 10.99 (low 8.9, high 13.07).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +51.3% | +283.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +51.5% | +30.8% |
| Volatility (annualized) | 33.0% | 31.6% |
| Max drawdown | -24.8% (Feb 2026→Mar 2026) | -28.3% (Mar 2025→Mar 2025) |

## Peers (Banks - Regional)
HDB (HDFC Bank Limited) USD 22.44 -1.01% · IBN (ICICI Bank Limited) USD 29.94 +1.35% · ITUB (Itau Unibanco Banco Holding SA) USD 9.49 -2.16% · USB (U.S. Bancorp) USD 60.02 +1.64% · PNC (PNC Financial Services Group, I) USD 225.53 +1.18% · LYG (Lloyds Banking Group Plc) USD 5.38 -2.00%

## More
Full page: https://nexqual.com/MFG · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in MFG's own 20-F filed 2026-06-26 (https://www.sec.gov/Archives/edgar/data/1335730/000119312526283791/d119090d20f.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Mizuho Americas | "In July 2016, with consideration of the rule of the Board of Governors of the Federal Reserve System (the "Federal Reserve Board") regarding the operations of foreign banking organizations with U.S. operations, we establ…" |
| Partner | Rakuten Group | "We worked to improve customer experience by transitioning our branches to consultation-focused branches that provide asset building and management services to individual customers, improving the user interface (UI) and u…" |
| Partner | Mizuho Bank | "In addition, to meet the asset building and management needs, including needs for Nippon Individual Savings Accounts (NISAs), Japan's new tax exemption scheme for investment by individuals, we launched services for emplo…" |
| Partner | Rakuten Securities | "In addition, to meet the asset building and management needs, including needs for Nippon Individual Savings Accounts (NISAs), Japan's new tax exemption scheme for investment by individuals, we launched services for emplo…" |
| Partner | Asset Management One | "The Asset Management Company is responsible for businesses related to asset management, and provides products and services that meet the asset management needs of our wide range of customers, from individuals to institut…" |
| Partner | BlackRock, Inc. (BLK) | "In addition, in various product fields, we are focusing on developing and offering products through collaboration with BlackRock, Inc., Partner Group AG and Golub Capital." |
| Partner | Partner Group | "In addition, in various product fields, we are focusing on developing and offering products through collaboration with BlackRock, Inc., Partner Group AG and Golub Capital." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.21 | $0.17 | +20.8% | $1.04T | 1 |
| Next quarter (ends 2026-12-31) | $0.20 | $0.18 | +12.7% | $1.11T | 1 |
| Current fiscal year (ends 2027-03-31) | $0.78 | $0.67 | +16.6% | $4.23T | 1 |
| Next fiscal year (ends 2028-03-31) | $0.97 | $0.00 | — | $4.76T | 1 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-13): ±20.5%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 70.2% | ±20.5% |
| 2027-04-16 | 175 | 44.7% | ±31.5% |