Mizuho Financial Group (NYSE:MFG) Releases Earnings Results, Beats Expectations By $0.05 EPS

Mizuho Financial Group (NYSE:MFG) issued its earnings results on Monday. The bank reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.05, Zacks reports. Mizuho Financial Group had a net margin of 7.69% and a return on equity of 7.74%.

Mizuho Financial Group Price Performance

Shares of MFG stock traded up $0.03 during trading hours on Wednesday, reaching $5.54. The company had a trading volume of 495,180 shares, compared to its average volume of 1,234,983. Mizuho Financial Group has a 12-month low of $3.45 and a 12-month high of $5.63. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market capitalization of $70.14 billion, a price-to-earnings ratio of 14.96, a PEG ratio of 0.94 and a beta of 0.45. The stock has a fifty day moving average of $5.07 and a 200-day moving average of $4.54.

About Mizuho Financial Group

Mizuho Financial Group, Inc, together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments.