Mizuho raises fiscal 2026 profit forecast: Mizuho Financial Group stock gains 2.65 percent

Mizuho Financial Group (ISIN US60687Y1091) was trading at EUR 9.70 at Lang & Schwarz on October 2, 2026 at 4:39 p.m. CEST, plus 2.65 percent versus the prior close of EUR 9.45 on October 1, 2026. On September 29, 2026, Vermoegenszentrum reported that Mizuho lifted its fiscal 2026 consolidated net business profit outlook from JPY 1.63 trillion to JPY 1.75 trillion and its profit attributable to owners of the parent outlook from JPY 1.30 trillion to JPY 1.40 trillion.

Profit outlook reaches JPY 1.40 trillion

The forecast revision followed a strong first quarter of fiscal 2026. Vermoegenszentrum said Mizuho's first-quarter net income rose 45.00 percent year over year, while net business profits increased 81.00 percent. Return on equity for the past 12 months reached 12.50 percent, giving the outlook change a measurable earnings and profitability base.

The same report put first-quarter consolidated net business profit at JPY 575.8 billion, up JPY 259.3 billion from the same period a year earlier. Global Markets contributed JPY 199.7 billion, an increase of JPY 126.2 billion, while the Corporate and Institutional Banking Company generated JPY 153.0 billion, up from JPY 98.7 billion.

Buyback progress adds a second signal

Mizuho's investor-relations news page lists a September 24, 2026 notice on the progress and completion of its common-stock repurchase and cancellation program, alongside the Financial Statements for the First Quarter of Fiscal 2026 dated July 30, 2026. The combination of updated profit goals and capital-return activity gives the stock a clearer company-specific catalyst than a price move alone.

For valuation context, the NYSE-listed ADR was last at USD 10.87 on October 2, 2026 at 10:50 a.m. EDT. The same market-data snapshot showed a USD 6.09 to USD 11.49 52-week range and market capitalization of USD 132.4 billion, while the Lang & Schwarz quote remained the relevant euro reference for German investors.

Stock trades in a stronger earnings setup

The key test is whether Mizuho can convert the first-quarter earnings acceleration into the raised fiscal 2026 targets. The JPY 1.40 trillion profit outlook is 7.69 percent above the earlier JPY 1.30 trillion target, while the JPY 1.75 trillion net business profit goal is 7.36 percent above JPY 1.63 trillion.

The further course of trading is shown by the continuously updated real-time quote of Mizuho Financial Group stock.

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