- Mizuho Financial's stock price has recovered back to pre-pandemic levels, and this is attributable to positive expectations of improved capital return to shareholders.
- On the other hand, Mizuho Financial might take a longer time to reduce its cross-shareholdings, while the company will incur further expenses to address its IT system issues.
- Mizuho Financial is valued by the market at 9.1 times consensus forward FY 2022 P/E and 0.47 times P/B, and it boasts a forward FY 2022 dividend yield of 4.4%.
For further details see:
Mizuho Financial: Positive Capital Return Expectations Drove Share Price Recovery