MFG - Mizuho Financial Group, Inc.

NYSE - NYSE Delayed price. Currency in USD
3.52
-0.03 (-0.85%)
At close: 4:02PM EST
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Previous close3.55
Open3.51
Bid0.00 x 0
Ask0.00 x 0
Day's range3.50 - 3.53
52-week range3.37 - 3.87
Volume159,184
Avg. volume190,959
Market cap44.81B
Beta1.60
PE ratio (TTM)8.63
EPS (TTM)0.41
Earnings dateN/A
Forward dividend & yield0.00 (0.00%)
Ex-dividend date2016-09-28
1y target est3.88
Trade prices are not sourced from all markets
  • Barrons.com5 days ago

    Apple's iPhone X Production Problems Could Last Into '18, Says Mizuho

    Apple (AAPL) is still having trouble getting an adequate supply of the “3-D sensing” parts for its iPhone X, claims Abhey Lamba of Mizuho in a note to clients today, causing him to cut his estimate for how many iPhone X units the company may ship this quarter. Apple’s forecast for the December-ending fiscal Q1 is not at risk, writes Lamba, given the company could ship units of the iPhone 8 or older products, like last year’s 7, and make up the difference to meet its shipment goal it implied of 77 million to 80 million units. Lamba, who has a Neutral rating on Apple shares, and a $160 price target, writes that his colleague in Japan, Yasuo Nakane, has “conducted field checks across the supply chain.” That digging suggests that Apple’s total iPhone X production for this year is going to come in about 8 million units lower than previously thought.

  • Mizuho Profit Falls as Bank Confirms Thousands of Jobs Will Go
    Bloomberg6 days ago

    Mizuho Profit Falls as Bank Confirms Thousands of Jobs Will Go

    Mizuho Financial Group Inc.’s profit fell and the Japanese bank offered a bleak assessment of the long-term outlook, confirming it will eliminate thousands of jobs to cut costs.

  • Reuters6 days ago

    Mizuho second-quarter profit falls 12 percent on weak lending business

    Mizuho Financial Group (8411.T) posted on Monday a 12 percent drop in quarterly profit, as ultra-low interest rates hurt income at its core banking business. Net profit at Japan's third-largest lender by assets came in at 198.4 billion yen (1.33 billion pounds) for the July-September period, down from 225.5 billion yen a year earlier, a Reuters calculation based on the bank's six-month results shows. Mizuho and other Japanese banks have been hit by diminishing returns from lending under the Bank of Japan's massive monetary easing, which has pushed down interest rates on mortgages, car loans and corporate borrowings.

  • Reuters - UK Focus10 days ago

    MOVES-Mizuho hires Greenwood as managing director for loans

    Mizuho Americas has hired Susan Greenwood for loan sales for syndicated finance as the bank seeks to build its leveraged finance business. Greenwood, who started in New York last month, joined as a managing ...

  • Japan's Biggest Banks Confront Harsh Reality With Cost Overhaul
    Bloomberg10 days ago

    Japan's Biggest Banks Confront Harsh Reality With Cost Overhaul

    Years of shrinking interest rates, demographic challenges and threats from rapidly advancing technology are finally coming to a head at Japan’s biggest banks as they prepare to eliminate thousands of positions ...

  • Japan bank Mizuho eyes cutting workforce by one-third: reports
    AFP20 days ago

    Japan bank Mizuho eyes cutting workforce by one-third: reports

    Mizuho Financial Group is looking at chopping 19,000 jobs from its current roster of around 60,000 employees in Japan and overseas by March 2027, the top-selling Yomiuri newspaper said Sunday

  • Reuters22 days ago

    As profitability sags, Mizuho considers 30 percent cut to workforce - source

    Mizuho Financial Group Inc (8411.T) is considering cutting its global workforce by a third in the next decade to stem a decline in profitability due to prolonged low interest rates in Japan, a person with knowledge of the issue told Reuters on Saturday. Japan's second largest banking group by holdings plans to cut around 19,000 jobs from 60,000 at the moment by increasing its use of information technology to streamline operations at its core units - Mizuho Bank, Mizuho Trust and Banking Co. and Mizuho Securities Co., while also consolidating branches. Mizuho aims to flesh out the plan from next week, and announce details when it releases its latest earnings next month, according to the source, who was not authorised to comment on the issue.

  • MarketWatchlast month

    Apple's stock gains after Mizuho raises stock price target

    Apple Inc.'s stock edged up 0.2% in premarket trade Wednesday, putting them on track for a fourth-straight gain, after Mizuho analyst Abhey Lamba raised his stock price target to current levels, citing ...

  • Reuterslast month

    Kobe Steel to hold bidding for real estate unit on Friday - Bloomberg

    Japanese steelmaker Kobe Steel Ltd , embroiled in a data falsification scandal that has roiled global supply chains, will hold a first round of bidding on Friday in the planned sale of a real estate unit, Bloomberg News reported on Wednesday. Japan's No.3 steelmaker has hired Mizuho Securities, the brokerage arm of Mizuho Financial Group Inc (8411.T), as an advisor for the sale of more than two-thirds of Shinko Real Esate, Bloomberg said, citing unidentified sources. Both Kobe Steel and Mizuho Securities declined to comment.

  • Kobe Steel to hold bidding for real estate unit on Friday: Bloomberg
    Reuterslast month

    Kobe Steel to hold bidding for real estate unit on Friday: Bloomberg

    Japanese steelmaker Kobe Steel Ltd , embroiled in a data falsification scandal that has roiled global supply chains, will hold a first round of bidding on Friday in the planned sale of a real estate unit, Bloomberg News reported on Wednesday. Japan's No.3 steelmaker has hired Mizuho Securities, the brokerage arm of Mizuho Financial Group Inc (8411.T), as an advisor for the sale of more than two-thirds of Shinko Real Esate, Bloomberg said, citing unidentified sources. Both Kobe Steel and Mizuho Securities declined to comment.

  • Jamie Dimon is betting big on the technology behind 'fraud' bitcoin
    CNBClast month

    Jamie Dimon is betting big on the technology behind 'fraud' bitcoin

    The largest U.S. bank is investing in the blockchain technology behind bitcoin, despite its CEO's criticism of the digital currency.

  • Japanese banks are thinking of making their own cryptocurrency called the J-Coin
    CNBC2 months ago

    Japanese banks are thinking of making their own cryptocurrency called the J-Coin

    The J-Coin will be pegged to the yen and users will be able to spend it through a mobile app.

  • Japanese bank Mizuho is setting up a base in Frankfurt to reduce the impact of Brexit
    Business Insider4 months ago

    Japanese bank Mizuho is setting up a base in Frankfurt to reduce the impact of Brexit

    Mizuho, one of Japan's "Big Four" banks, will set up an EU base in Frankfurt in order to mitigate the potential impact of Brexit. Mizuho Securities, the investment arm of Mizuho Financial Group, said in a statement on Monday evening that it is applying for a licence to establish a new subsidiary in Frankfurt that will lead securities operations in the EU countries. The move will "establish a framework to maintain the quality of service for our EU customers around the world even after Brexit," the statement added.

  • Japan’s economy grew faster than previously believed in Q4. But there’s a catch
    CNBC8 months ago

    Japan’s economy grew faster than previously believed in Q4. But there’s a catch

    Japan's gross domestic product growth was revised up in the fourth quarter as capital expenditure grew at the fastest pace in almost three years.

  • Reuters - UK Focus10 months ago

    MOVES-Mizuho hires Rivas to head EMEA derivatives risk solutions

    Mizuho Financial Group said it had hired former HSBC banker Borja Rivas to head its derivatives risk solutions business for Europe, Middle East and Africa. Mizuho International said on Thursday Rivas will be responsible for leading the development of its derivatives risk solutions offering in its fixed income business. It said he replaces Nessan O'Carroll, who has been transferred to the bank's Tokyo office.

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