Mizuho Financial Group stock gains 1.21 percent as buyback ends

Published on 10/03/2026 at 21:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mizuho Financial Group stock stood at USD 10.89 on October 2, 2026, with a USD 131.8 billion market cap. Q1 FY2026 net income rose 45 percent year over year.

MFG, US60687Y1091, Illustration mit AI erstellt.

Mizuho Financial Group (ISIN US60687Y1091) closed at USD 10.89 on the NYSE on October 2, 2026, up 1.21 percent from the prior close of USD 10.76. The latest catalyst is the completed share repurchase program and the planned cancellation of 24,352,700 shares on October 23, 2026, according to StockTitan.

Buyback reaches its limit

Mizuho repurchased 24,352,700 common shares for JPY 199,999,944,900 as of September 18, 2026, the filing says. The shares equal 1.0 percent of the outstanding total before cancellation, giving the capital-return program a clear numerical endpoint.

The company had authorized purchases of up to 35,000,000 shares and JPY 200,000,000,000. The completed purchases therefore used 100 percent of the authorized yen amount, while the scheduled cancellation converts the repurchase into a permanent reduction in shares outstanding.

Q1 profit growth resets guidance

Mizuho's operating picture also strengthened in FY2026 Q1. In September 2026 IR Day materials, MarketScreener reported that net income increased 45 percent year over year and consolidated net business profits climbed 81 percent.

The stronger quarter supported an FY2026 outlook of JPY 1,400.0 billion in profit attributable to owners of the parent, up from the prior JPY 1,300.0 billion outlook. The same materials show a 12.5 percent return on equity for the past 12 months and a 9.5 percent to 10.5 percent operational range for the CET1 ratio.

Stock stays below yearly high

MFG traded at USD 10.89 on October 2, 2026, with a session low of USD 10.77, a session high of USD 10.90 and volume of 3,367,017 shares. The price was 5.2 percent below the 52-week high of USD 11.49 and 78.8 percent above the 52-week low of USD 6.09.

That market position places the completed buyback beside a strong recent share-price performance, while the next test is whether Q1 profit momentum supports the higher FY2026 outlook. The scheduled October 23 cancellation is the concrete capital-allocation date investors can use to track the program's final execution.

NYSE valuation remains substantial

Mizuho Financial Group had a market capitalization of USD 131.8 billion on October 2, 2026. Its NYSE-listed American Depositary Receipt therefore combines a 1.21 percent session gain with a valuation that already reflects a large global banking platform and the stronger FY2026 earnings framework.