Mizuho Financial Group stock gains 2.80 percent pre-market

Published on 09/30/2026 at 09:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mizuho Financial Group stock carries a JPY 1.75 trillion FY26 profit outlook after an 81 percent Q1 jump in net business profits. A Hold view targets JPY 4,400.

MFG, US60687Y1091, Illustration mit AI erstellt.

Mizuho Financial Group stock (ISIN US60687Y1091) was trading at EUR 9.90 at Lang & Schwarz on September 30, 2026, at 9:28 a.m. CEST, up 2.80 percent from the EUR 9.63 prior close. The move comes as the Japanese banking group enters the autumn with a higher fiscal-year profit outlook and sharply stronger first-quarter earnings.

FY26 outlook reaches JPY 1.75 trillion

According to Quartr on September 8, 2026, Mizuho projected consolidated net business profits of JPY 1.75 trillion for FY26 and profit attributable to owners of JPY 1.40 trillion. The FY26 outlook represented a 7.60 percent upward revision after the strong first quarter.

The earnings trend is equally concrete. VermögensZentrum reported in September 2026 that Q1 net income rose 45.00 percent year over year and net business profits increased 81.00 percent. Return on equity for the past 12 months stood at 12.50 percent.

Q1 strength meets valuation caution

The earnings acceleration has also sharpened the valuation debate. In a September 29, 2026 analysis, Seeking Alpha assigned Mizuho a Hold view and cited a JPY 4,400 price target, arguing that normalized earnings expectations and cross-shareholdings limit the upside case.

That caution contrasts with the operating figures. Mizuho is targeting a 2.00 times price-to-book ratio after reporting 1.67 times in Q1, while its stated CET1 operational range is 9.50 percent to 10.50 percent, according to the September 2026 IR Day summary.

Stock gains before Xetra opens

The euro quotation gives German investors a clear early-session reference: EUR 9.90 at Lang & Schwarz on September 30, 2026 at 9:28 a.m. CEST, versus EUR 9.63 on September 29, 2026. The NYSE-listed ADR was last at USD 11.00 on September 29, 2026 at 4:00 p.m. ET; Citi identifies MFG as a 1:5 ADR for Mizuho Financial Group.