Mizuho Financial Group(MFG)

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Mizuho (MFG) Is Up 4.74% in One Week: What You Should Know
ZACKS· 2025-02-21 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Crisil Coalition Greenwich Names Mizuho Best Bank for Corporate Banking in the U.S.
GlobeNewswire· 2025-02-10 13:00
Mizuho ranked first, tied alongside Goldman Sachs, J.P. Morgan, and Bank of America Mizuho also wins Best Bank for Coverage for Corporates and Best Bank for Ease of Doing Business for Corporates NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Mizuho Americas today announced it was named best bank in the U.S. by Crisil Coalition Greenwich for Best in Corporate Banking, Best Coverage for Corporates, and Best in Ease of Doing Business for Corporates. Mizuho ranked first, tied alongside Goldman Sachs, J.P. Morgan, ...
Mizuho Financial: Positive On Card Business Purchase And Buybacks (Rating Upgrade)
Seeking Alpha· 2025-01-06 21:45
Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...
Mizuho Financial Group(MFG) - 2024 Q2 - Earnings Call Presentation
2024-11-17 17:11
Investor Presentation for FY24 H1 Apr.2024-Sep.2024 November 15, 2024 MIZUHO Mizuho Financial Group Innovating today. Transforming tomorrow. 2 Mizuho and Art Based on the concepts of "Feeling Energized by Art," "Making Art More Accessible," and "Changing yourself through Art," Mizuho, in collaboration with Tokyo University of the Arts, contributes to social innovation, and the overcoming of social challenges like improving gender equality and people's well- being, aiming to co-create a sustainable and abund ...
Mizuho Financial Group(MFG) - 2024 Q2 - Earnings Call Transcript
2024-11-17 17:09
Financial Data and Key Metrics Changes - The company exceeded its final target for FY 2025 ahead of schedule, with a forecast of net business profit for FY24 of ¥1.17 trillion, an increase of ¥100 billion [11][68] - The Price-to-Book Ratio (PBR) improved from 0.79 at the end of October to approximately 0.86 [9] Business Line Data and Key Metrics Changes - The company reported a reduction of ¥1.1 trillion in low-profit deals and an increase of ¥1.6 trillion in high-profit business, resulting in a Return on Risk-Adjusted Assets (RORA) increase from 3.1% to 3.3% [15] - The Asset Under Management (AUM) in retail increased by ¥4.9 trillion, and NISA accounts rose by 120,000 [35] Market Data and Key Metrics Changes - The Americas market showed the largest wallet share, with a focus on efficient operations in EMEA, which has become somewhat smaller [24] - The company is diversifying its revenue sources, with a balanced structure of interest income, non-interest income, and sales and trading [25] Company Strategy and Development Direction - The company is focusing on sustainable growth through investments in five areas, including Greenhill and Rakuten [6] - There is a strong emphasis on enhancing asset and wealth management capabilities, particularly through collaboration with Rakuten Securities [45] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in asset and wealth management, indicating that there is still a gap compared to competitors like Nomura and Daiwa [76] - The company is optimistic about capturing corporate needs and enhancing proposals for mid-market SMEs, indicating a shift in the mindset of corporate CEOs in Japan [138] Other Important Information - The company announced a share buyback resolution of up to ¥100 billion and a dividend of ¥130 [64][67] - Mizuho was recognized as one of the best companies shaping the future, ranking seventh in Forbes Japan and 83rd in TIME's World Best Companies of 2024 [69] Q&A Session Summary Question: What are the next challenges for the company? - Management highlighted the need for regional collaboration and proactive management of large corporate clients, emphasizing the importance of understanding customer needs [75][78] Question: How does the collaboration with Rakuten Card work? - Management clarified that the collaboration is not seen as cannibalization but rather as a win-win situation, allowing both banks to grow and expand [79] Question: What is the long-term ROE expectation? - Management expects long-term ROE to be on a rising trend, aiming for 8% this year and potentially higher [82][84] Question: What is the direction for risk asset investment? - Management indicated a cautious approach to risk asset investment, focusing on generating returns and improving productivity [85] Question: How will capital allocation change? - Management stated that the company has entered a new phase where it can focus on balancing growth investment and shareholder return, with a CET1 ratio of 10.5% [90] Question: What is the strategy for consumer credit? - Management noted that while housing loans face fierce competition, collaboration with Rakuten could strengthen the card loan business [118][119] Question: How is the company addressing the global CIB model? - Management emphasized the need for regional characteristics in strategy and the importance of leveraging Greenhill's capabilities for cross-border M&A [127]
Don't Miss These 3 Japanese Stocks as Interest Rates Climb
MarketBeat· 2024-10-21 11:30
The world has been primarily focused on the decisions made by the United States Federal Reserve (the Fed), particularly regarding interest rates and the state of the economy. Given that inflation has been tamed sufficiently, the Fed has decided to cut interest rates at the most aggressive pace in 16 years. However, there’s a main event happening elsewhere.In Japan’s economy, which mainly depends on its manufacturing sector for exports like automobiles and steel, a shift in interest rates is setting up a com ...
Mizuho Bank Prepares for Potential US Economic Turbulence with US Treasuries
Gurufocus· 2024-10-09 06:10
As US inflation shows signs of slowing, the prediction of a "soft landing" for the economy has become a prevalent view on Wall Street. However, Japan's third-largest bank, Mizuho, warns that if this prediction proves wrong, it could lead to short-term market volatility. To brace for this, Mizuho is stockpiling easily sellable assets like US Treasuries. Kenya Koshimizu, Co-Head of Global Markets at Mizuho, has expressed concerns over the market's confidence in US policymakers' ability to curb inflation witho ...
All You Need to Know About Mizuho (MFG) Rating Upgrade to Buy
ZACKS· 2024-09-18 17:01
Mizuho (MFG) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a changing ea ...
Mizuho Hires Thierry Perrein as Managing Director and Credit Strategist
GlobeNewswire News Room· 2024-08-28 12:00
NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Mizuho Americas today announced that Thierry Perrein has joined as Managing Director and Credit Strategist. He primarily covers REITs and Non-bank Financials, complementing Mizuho's integrated offerings in these sectors. He reports to Brian Connors, Managing Director and Head of Investment Grade (IG) Trading within Mizuho Americas' Fixed Income Division. "Mizuho continues to invest in our IG Credit Trading & Sales platform across content and sector capabilities," ...
Mizuho Financial Is Still A Buy With Q1 Earnings Beat And ROE Improvement
Seeking Alpha· 2024-08-02 01:52
winhorse I still rate Mizuho Financial Group, Inc. (NYSE:MFG) [8411:JP] stock as a Buy. MFG's strong earnings growth and meaningful ROE (Return On Equity) expansion in the latest quarter suggest that a higher P/B multiple for the stock is justified. My earlier update published on January 7, 2024 looked at a number of potential re-rating catalysts for MFG. For the current write-up, I review Mizuho Financial's recently disclosed Q1 FY 2024 (YE March 31, 2025) results and highlight the company's ROE improvemen ...