Mizuho Lifts FY2026 Profit Outlook by ¥100B as Q1 Earnings Jump 45%

summarizeSummary

Mizuho Financial Group posted a 45.5% jump in Q1 FY2026 profit to ¥422.9 billion, raised its full-year profit forecast by ¥100 billion, and increased its dividend estimate — signaling strong operating momentum and improving credit quality.

check_boxKey Events · Earnings and Guidance · MFG

• Q1 Profit Surges 45.5%

  Driven by higher net interest income, trading gains, and fee income, profit attributable to owners of parent rose to ¥422.9 billion, up from ¥290.5 billion a year earlier.

• Full-Year Forecast Raised by ¥100B

  Reflecting the strong first-quarter performance and a positive outlook, management lifted the FY2026 profit forecast to ¥1,400 billion, a 12.1% increase over FY2025.

• Dividend Estimate Increased

  Signaling confidence in sustained earnings growth, the annual dividend estimate was raised to ¥150 per share, up from ¥145 in FY2025.

• Credit Quality Improves

  The NPL ratio improved to 0.70% from 0.80% at March 31, 2026, as total non-performing loans declined by ¥77.4 billion.

auto_awesomeAnalysis · MFG · Finance

A standout first quarter saw profit attributable to owners climb 45.5% to ¥422.9 billion, fueled by broad-based revenue strength. Ordinary profits surged 62.5%, reflecting higher net interest income, trading gains, and fee income. In response, management raised the full-year profit forecast by ¥100 billion to ¥1,400 billion — a 12.1% increase over FY2025 — and lifted the annual dividend estimate to ¥150 per share. Credit quality also improved, with the NPL ratio falling to 0.70%. The results reinforce the earnings momentum seen in the prior fiscal year and suggest the bank is comfortably on track to exceed its medium-term targets.