Mizuho Financial Group Reports Robust Earnings Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 16 2024
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Source: Business Insider
Q2 Earnings Report: Mizuho Financial Group reported significant growth in its Q2 earnings for fiscal 2024, with ordinary income increasing by 8% to ¥4,585,215 million and profit attributable to owners rising by 36.1% to ¥566,141 million, alongside a proposed increase in annual cash dividends.
Future Projections: The company has revised its consolidated earnings estimate for fiscal 2024, projecting a profit attributable to owners of ¥820,000 million, indicating a 20.7% increase from the previous year, while maintaining focus on strategic initiatives amid changing market conditions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
