Mizuho Financial Group (NYSE:MFG) reported fiscal third-quarter earnings that surpassed Wall Street expectations, as Japan’s third-largest lender benefited from a favorable interest rate environment and steady corporate lending activity.
The Tokyo-based bank, which has been expanding its presence in the U.S. and Asian investment banking sectors, delivered a robust top-line performance that helped cushion the impact of a cautious global trading landscape.
For the quarter ended Dec. 31, 2025, Mizuho reported net income of $2.14 billion, or 17 cents per share.
Excluding extraordinary items, adjusted earnings reached 16 cents per share, clearing the consensus estimate of analysts surveyed by Zacks Investment Research.
Revenue for the period, net of interest expense, totaled $14.78 billion, comfortably beating analyst projections.
The results reflect Mizuho’s successful navigation of the end of Japan’s ultra-low interest rate era, which has boosted domestic net interest margins.
Additionally, the bank’s global corporate and investment banking division remained a primary driver of growth, supported by a strong pipeline of M&A activity and debt capital markets transactions.