Mizuho Financial Group, Inc. (MFG)

Mizuho Financial Group Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	3,554,759	3,542,365	2,046,195	1,309,009	989,101	1,518,248
Interest Income on Investments	2,557,219	2,230,168	1,132,015	-	344,408	496,192
Total Interest Income	6,111,978	5,772,533	3,178,210	1,309,009	1,333,509	2,014,440
Interest Paid on Deposits	2,301,360	2,259,173	1,049,264	315,550	166,317	607,223
Interest Paid on Borrowings	2,894,759	2,625,744	1,168,367	-	261,509	673,674
Total Interest Expense	5,196,119	4,884,917	2,217,631	315,550	427,826	1,280,897
Net Interest Income	915,859	887,616	960,579	993,459	905,683	733,543
Net Interest Income Growth (YoY)	1.41%	-7.60%	-3.31%	9.69%	23.47%	-3.80%
Trust Income	61,320	61,487	58,958	60,490	55,160	58,565
Income From Trading Activities	559,975	726,584	334,708	287,685	388,130	391,300
Gain (Loss) on Sale of Assets	-3,358	-3,358	-4,202	-	-6,576	-3,899
Gain (Loss) on Sale of Investments	58,808	58,808	93,703	29,557	56,836	112,056
Gain (Loss) on Sale of Equity Investments	26,221	26,221	11,889	-	-	-
Other Non-Interest Income	1,605,949	1,437,908	1,381,549	1,434,741	1,236,692	1,281,152
Total Non-Interest Income	2,308,915	2,307,650	1,876,605	1,812,473	1,730,242	1,839,174
Non-Interest Income Growth (YoY)	-15.56%	22.97%	3.54%	4.75%	-5.92%	1.08%
Revenues Before Loan Losses	3,224,774	3,195,266	2,837,184	2,805,932	2,635,925	2,572,717
Provision for Loan Losses	73,161	73,161	57,968	-	180,636	161,005
Revenue	3,151,613	3,122,105	2,779,216	2,805,932	2,455,289	2,411,712
Revenue Growth (YoY)	-13.18%	12.34%	-0.95%	14.28%	1.81%	-5.63%
Selling, General & Administrative	1,729,444	1,635,265	1,445,283	1,359,148	1,414,608	1,378,398
Other Non-Interest Expense	309,810	547,467	550,832	781,580	510,951	399,337
Total Non-Interest Expense	2,039,254	2,182,732	1,996,115	2,140,728	1,925,559	1,777,735
EBT Excluding Unusual Items	1,112,359	939,373	783,101	665,204	529,730	633,977
Asset Writedown	-7,963	-7,963	-51,545	-27,585	-12,793	-15,224
Other Unusual Items	45,473	23,623	47,407	-33,748	135,226	-37
Pretax Income	1,149,869	955,033	778,963	603,871	652,163	618,716
Income Tax Expense	316,210	271,735	218,834	60,689	174,788	161,496
Earnings From Continuing Operations	833,659	683,298	560,129	543,182	477,375	457,220
Minority Interest in Earnings	-4,278	-4,305	-4,602	-12,703	-6,355	-8,652
Net Income	829,381	678,993	555,527	530,479	471,020	448,568
Net Income to Common	829,381	678,993	555,527	530,479	471,020	448,568
Net Income Growth	30.14%	22.23%	4.72%	12.62%	5.01%	364.52%
Basic Shares Outstanding	2,535	2,535	2,534	2,535	2,536	2,536
Diluted Shares Outstanding	2,535	2,535	2,534	2,535	2,536	2,536
Shares Change (YoY)	0.01%	0.01%	-0.02%	-0.03%	-0.02%	-0.02%
EPS (Basic)	327.20	267.88	219.20	209.27	185.76	176.88
EPS (Diluted)	327.20	267.88	219.19	209.26	185.75	176.80
EPS Growth	30.13%	22.21%	4.75%	12.66%	5.06%	365.26%
Dividend Per Share	120.000	105.000	85.000	80.000	75.000	75.000
Dividend Growth	29.73%	23.53%	6.25%	6.67%	0%	0%
Effective Tax Rate	27.50%	28.45%	28.09%	10.05%	26.80%	26.10%

Source: S&P Capital IQ. Banks template. Financial Sources.