Earnings Alerts

Mizuho Financial Group (8411) Earnings: FY Net Income Forecast Boosted to 1.02 Trillion Yen, Achieves First Quarter Results Above Estimates

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  • Mizuho has increased its forecast for the fiscal year net income to 1.02 trillion yen, up from the previous forecast of 940.00 billion yen. This matches the market estimate.
  • The company maintains its dividend projection at 145.00 yen, slightly below the estimate of 146.43 yen.
  • In the first quarter, Mizuho’s net income reached 290.52 billion yen, surpassing the estimated 261.51 billion yen.
  • The gross profit reported was 764.7 billion yen.
  • Gains from stock holdings were noted at 39.8 billion yen.
  • Lending profits contributed 301.4 billion yen.
  • Fees and commissions amounted to 219.7 billion yen.
  • Profits from bond and securities trading were 42.7 billion yen.
  • Analyst recommendations show 12 buys, 5 holds, and no sells for Mizuho.
  • These comparisons to past results are based on the company’s original disclosures.

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A look at Mizuho Financial Group Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE4.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Mizuho Financial Group is positioned with positive outlooks in key areas. With strong scores in Value, Dividend, Growth, and Momentum, the company is showing promise for the long term. Mizuho Financial Group is rated highly for the resilience it demonstrates in the face of challenges, indicating a stable foundation for future growth.

Mizuho Financial Group, Inc. offers a wide range of financial services through its subsidiaries, including general banking, securities brokerage, trust banking, and asset management. With favorable Smart Scores across important factors, the company appears well-positioned to navigate market changes and capitalize on opportunities for sustained success.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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