Mizuho raises profit outlook as Mizuho Financial Group stock falls

Published on 10/01/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FY26 guidance now stands at JPY 1.4 trillion on September 29, 2026. Mizuho Financial Group stock costs EUR 9.65, down 2.03 percent from EUR 9.85.

MFG, US60687Y1091, Illustration mit AI erstellt.

Mizuho Financial Group (ISIN US60687Y1091) raised its fiscal 2026 profit outlook to JPY 1.4 trillion on September 29, 2026, while Mizuho Financial Group stock was down 2.03 percent in the Lang & Schwarz quote on October 1, 2026. According to VermögensZentrum on September 29, 2026, management lifted its outlook to JPY 1.75 trillion for consolidated net business profits and JPY 1.4 trillion for profit attributable to owners of parent.

First-quarter gains reset the baseline

Mizuho's official news page lists its Financial Statements for the First Quarter of Fiscal 2026 dated July 30, 2026, providing the reporting-period anchor for the latest results. The same Mizuho Financial Group page also lists capital-ratio information dated August 14, 2026.

VermögensZentrum reported that 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 was 12.50 percent, a useful profitability marker alongside the upgraded full-year outlook.

Analysts split on valuation

The positive interpretation is not universal. A Seeking Alpha contributor retained a Buy view on September 30, 2026, citing the higher JPY 1.4 trillion profit guidance and growth initiatives across retail banking, asset management and investment banking.

By contrast, another Seeking Alpha contributor assigned a Hold view and a JPY 4,400 price target on September 29, 2026, arguing that normalized earnings and cross-shareholding risks temper the recent earnings surge. The disagreement puts the upgraded earnings path against valuation discipline rather than presenting a one-sided market narrative.

Stock trades below the prior close

Mizuho Financial Group stock was trading at EUR 9.65 at Lang & Schwarz on October 1, 2026 at 1:14 p.m. CEST, down 2.03 percent versus the prior close of EUR 9.85 on September 30, 2026. Market capitalization was USD 134.6 billion as of September 30, 2026, while the 52-week range was USD 6.09 to USD 11.49. The further course of trading is shown by the continuously updated real-time quote of Mizuho Financial Group stock.