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Mizuho Financial Group (MFG)
NYSE:MFG
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.04Last Year’s EPS
0.02Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 03, 2025
|% Change Since: 5.66%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive picture with significant achievements in financial growth, strategic collaborations, and sustainability initiatives. However, challenges remain in areas such as asset and wealth management and rising costs, which the company aims to address moving forward.Company Guidance
In the recent investor call, Mizuho Financial Group provided detailed guidance on its performance and strategic direction for the first half of fiscal year 2024. The Group reported a forecast of ¥1.17 trillion in net business profit for FY24, marking an increase of ¥100 billion. A significant focus was placed on sustainable growth, with investments in Greenhill, Rakuten, and Golub Capital. Asset profitability improved with a reduction of ¥1.1 trillion in low-profit deals and an increase of ¥1.6 trillion in high-profit business, boosting RORA from 3.1% to 3.3%. The firm is also dedicated to enhancing its competitive edge and operational stability through a new HR framework and culture reform efforts, which included 416 town hall meetings across 322 sites. Despite challenges in the asset and wealth management sector, Mizuho is optimistic about its strategic collaborations, such as with Rakuten Securities, and its ability to capture growth opportunities, especially in the burgeoning Japanese corporate sector and global markets.Solid Financial Progress
Achieved steady profit growth with a forecast of net business profit for FY24 of ¥1.17 trillion, up ¥100 billion. Achieved solid growth in areas of focus, including AUM, which is steadily increasing.
Successful Collaborations and Investments
Completed acquisition of Greenhill, resulting in synergies and collaborations. Increased stake in Rakuten Securities to 49% to enhance asset management services.
Recognition and Awards
Ranked 7th in Forbes Japan's new best companies and 83rd in TIME's World Best Companies of 2024. Recognized for revenue increase, sustainability initiatives, and employee surveys.
Sustainability Initiatives
Steadily building up a track record with ¥34 trillion in sustainability finance. Announced a ¥2 trillion financing commitment for hydrogen projects.
Improved Asset Profitability
RORA increased from 3.1% to 3.3%. Cross-shareholdings reduced by ¥300 billion, and a reduction of ¥200 billion in the Employee Retirement Benefit Trust Fund.
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MFG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MFG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 03, 2025 | $5.48 | $5.58 | +1.82% |
| Nov 14, 2024 | $4.52 | $4.76 | +5.31% |
| Jul 31, 2024 | $4.32 | $4.62 | +6.94% |
| May 15, 2024 | $3.99 | $4.14 | +3.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Mizuho Financial Group (MFG) report earnings?
Mizuho Financial Group (MFG) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Mizuho Financial Group (MFG) earnings time?
Mizuho Financial Group (MFG) earnings time is at May 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MFG EPS forecast?
MFG EPS forecast for the fiscal quarter 2025 (Q4) is 0.04.
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