{
  "id": 19771740,
  "title": "Mizuho H1 profit jumps 47%; hikes annual outlook",
  "url": "https://urgent.news/2026/11/13/mizuho-h1-profit-jumps-47-hikes-annual-outlook",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T07:05:09.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/mizuho-h1-profit-jumps-47-hikes-annual-outlook-5024279"
  },
  "original_language": "en",
  "account": "Mizuho Financial Group Inc, one of Japan's \"big three\" megabanks, reported a substantial increase in its half-year profit on Friday, driven by robust performance in its banking operations and trading activities. The Tokyo-based financial institution disclosed that its ordinary profit for the six months ending September 30 surged 47.3% year-on-year to 1.25 trillion yen ($7.8 billion), marking a significant 47% rise compared to the same period last year. This growth was primarily fueled by a 15.1% increase in ordinary income to 4.99 trillion yen, alongside a 29.9% jump in profit attributable to 896.5 million yen.\n\nKey factors contributing to this performance include a sharp rise in net interest income, which swelled to 771.28 billion yen from 652.68 billion yen, and a substantial boost in income from fees, commissions, and trading activities. Despite a slight uptick in general and administrative expenses, Mizuho's earnings benefitted from the broader banking sector's shift away from ultra-low interest rates, which significantly enhanced the profitability of their loan portfolios compared to deposits. Furthermore, the bank's substantial equity holdings and active trading portfolio also played a pivotal role in driving up its earnings.\n\nIn response to these strong results, Mizuho announced an upward revision of its annual profit outlook. It now projects ordinary profit for the fiscal year ending March 2027 at 2.18 trillion yen, a notable increase from the previously estimated 1.98 trillion yen. Similarly, its profit attributable for the year is now forecasted at 1.60 trillion yen, up from the earlier estimate of 1.40 trillion yen. This upward revision reflects the bank's confidence in navigating the evolving financial landscape and capitalizing on favorable market conditions.",
  "summary": null,
  "key_points": [
    "Mizuho Financial Group's H1 profit jumps 47.3% to 1.25 trillion yen.",
    "Bank attributes growth to increased net interest income and fee income.",
    "Mizuho raises annual profit outlook to 2.18 trillion yen."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}