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Mizuho Financial Group Inc   (MFG)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial


Mizuho Financial Group Inc 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Mizuho Financial Group Inc 's ROA in the fourth quarter of 2023?
Mizuho Financial Group Inc achieved a return on average assets (ROA) of 0.02 % in its fourth quarter of 2023, which is below Mizuho Financial Group Inc 's average return on assets, which stands at 0.2%.

ROA has improved compared to -0.05% in the third quarter of 2023, due to net income growth.

However, within the Financial sector 920 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2023 from to 2808.

What is ROA?


Return On Assets (Mar 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Mar 31 2022)
IV. Quarter
Y / Y Total Assets Change -26.42 % -26.42 % -26.42 % -26.42 % 2.39 %
Y / Y Net Income Change - - - - -
Net Income (TTM) in million 236 -750 -750 -750 -750
Return On Assets (TTM) 0.02 % -0.05 % -0.04 % -0.04 % -0.04 %
MFG's Total Ranking # 2808 # # # # 3060
Total Assets (TTM) in million 1,482,521 1,482,521 1,482,521 1,482,521 2,014,733
Seq. Total Assets Change 0 % 0 % 0 % -26.42 % 0 %
Seq. Net Income Change - - - - -



Return On Assets Company Ranking
Within: No.
Industry # 88
Sector # 921
Overall # 2793

Return On Assets Statistics
High Average Low
0.44 %
0.2 %
-0.04 %
(Mar 31 2015)   (Mar 31 2022)





Financial Statements
Mizuho Financial Group Inc 's Assets $ 1,482,521 million MFG's Balance sheet
Mizuho Financial Group Inc 's Income $ 236 million Quarterly MFG's Income Statement
MFG's Income by Division See MFG's Income by Division



Annual Return On Assets (Mar 31 2023)
FY 2023
(Mar 31 2022)
FY 2022
(Mar 31 2021)
FY 2021
(Mar 31 2020)
FY 2020
(Mar 31 2019)
FY 2019
Y / Y Total Assets Change -13.51 % -14.93 % 2.39 % 8.08 % -
Total Assets in million 1,482,521 1,714,004 2,014,733 1,967,644 1,820,517
Y / Y Net Income Change - - 650.74 % 41.95 % -87.2 %
Net Income in million 236 -750 7,422 989 696
Return On Assets 0.02 % -0.04 % 0.37 % 0.05 % 0.04 %




Comment on MFG's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 0.02 % compared to prior year, due to annual net income growth of % to $235.75 million, and due to decline of value in Mizuho Financial Group Inc 's assets by -13.51 % to $1,482,521.31 million, compared to $1,482,521.31 a year before.


More Return On Assets Ratios
MFG's' Return on Assets at Yahoo Finance
Commercial Banks Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
MFG's Roa Ratio versus Commercial Banks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for MFG's Competitors
Roa for Mizuho Financial Group Inc 's Suppliers
Return On Assets for MFG's Customers

You may also want to know
MFG's Roi MFG's Inventory Turnover Ratio MFG's Growth Rates MFG's Dividend Comparisons
MFG's Profitability Ratios MFG's Asset Turnover Ratio MFG's Dividend Growth
MFG's Roe MFG's Valuation Ratios MFG's Financial Strength Ratios MFG's Dividend Payout Ratio



Companies with similar Return On Assets at Mar 31 2023, within Financial Sector ROA
Cincinnati Financial Corporation  0.04 %
Global Net Lease Inc   0.01 %
Mizuho Financial Group Inc   0.01 %
Dun and Bradstreet Holdings Inc   0.01 %
Prudential Financial Inc   0.01 %


Date modified: 2023-06-28T20:10:04+00:00


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