Mizuho Financial (MFG)

• Market cap: $61B
• 1 day: -1.03%
• 5 days: -3.60%
• 1 month: -1.83%
• 3 months: 15.59%
• 6 months: 23.59%
• Year to date: 40.94%
• 1 year: 47.40%
• 5 years: 55.48%
• 10 years: 40.94%

About: Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2024, Mizuho's market share of domestic loans was 6.8%, compared with 7.2% for SMFG and 8.0% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers that own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.

Employees: 52,307

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

143% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 53

130% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 20

11% more funds holding

Funds holding: 233 [Q2] → 259 (+26) [Q3]

0.63% more ownership

Funds ownership: 4.8% [Q2] → 5.42% (+0.63%) [Q3]

17% less capital invested

Capital invested by funds: $692M [Q2] → $577M (-$115M) [Q3]

92% less call options, than puts

Call options by funds: $5K | Put options by funds: $62K

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]