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FX.co ★ Mizuho Financial 9-month Profit Climbs; Confirms FY24 Profit Growth View

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typeContent_19130:::2025-02-03T07:18:00

Mizuho Financial 9-month Profit Climbs; Confirms FY24 Profit Growth View

Mizuho Financial Group, Inc., a prominent bank holding company based in Japan, has announced a significant increase in its financial performance for the first nine months of the fiscal year. The profit attributable to its shareholders surged by 33.1 percent, reaching 855.37 billion yen, compared to 642.32 billion yen in the same period the previous year.

The company also reported an improvement in earnings per share, which rose to 337.64 yen from the prior year's figure of 253.41 yen.

In addition to these gains, Mizuho's ordinary profits rose by 27.6 percent, amounting to 1.13 trillion yen, up from 882.85 billion yen the year before. Moreover, the company's ordinary income increased to 7.07 trillion yen, marking a 14.8 percent rise from the previous year's 6.16 trillion yen.

Looking ahead, Mizuho Financial Group maintains its forecast for the fiscal year ending March 31, 2025. The company anticipates a profit attributable to its shareholders of 820 billion yen, or 324.12 yen per share, reflecting a projected growth of 20.7 percent from the year before.

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