Mizuho Financial (MFG) Asset Writedowns and Impairment (2015 - 2023)

Mizuho Financial (MFG) reported Asset Writedowns and Impairment of -$37799.8 for Q1 2023, down 113.73% on a YoY basis from $275355.5 in Q1 2022, and up 92.58% quarter-over-quarter from -$509638.9 in Q4 2022.

Mizuho Financial (MFG) Asset Writedowns and Impairment (2015 - 2023) Analysis & Trends

Mizuho Financial has reported Asset Writedowns and Impairment for 9 years, with the latest figure at -$37799.8 in Q1 2023.

  • For the quarter ending Q1 2023, Asset Writedowns and Impairment fell 113.73% year-over-year to -$37799.8; the trailing twelve-month figure through Mar 2023 stood at $432195.2 (up 39.91% YoY), and the FY2023 full-year result was $392318.5, up 22.35% from the prior year.
  • Asset Writedowns and Impairment for Q1 2023 stood at -$37799.8, up from -$509638.9 in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $2.9 million in Q1 2021, with the low at -$509638.9 in Q4 2022.
  • Historically, Asset Writedowns and Impairment has averaged $184249.3 across 5 years, with a median of -$37799.8 in 2023.
  • Annual changes were most pronounced in 2021 — Asset Writedowns and Impairment surged 4060.27% — and 2022, when it slumped 927.59%.
  • Mizuho Financial's Asset Writedowns and Impairment stood at $119618.5 in 2019, then plunged by 172.0% to -$86130.5 in 2020, then surged by 171.5% to $61580.8 in 2021, then tumbled by 927.59% to -$509638.9 in 2022, then soared by 92.58% to -$37799.8 in 2023.
  • The last three Asset Writedowns and Impairment figures came in at -$37799.8 (Q1 2023), -$509638.9 (Q4 2022), and $376508.0 (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of Chile 93,469.08 Bn 93,469.08 Bn -
2 Bank Bradesco 6,483.99 Bn 6,468.04 Bn -
3 Lloyds Banking 384.13 Bn 384.40 Bn -
4 First Capital 216.21 Bn 216.06 Bn -
5 Itau Unibanco Holding 193.13 Bn 193.13 Bn -
6 Landmark Bancorp 173.68 Bn 173.65 Bn -
7 NatWest 168.65 Bn -51.67 Bn -
8 Shinhan Financial 130.91 Bn 98.48 Bn -
9 Mizuho Financial 112.02 Bn 112.56 Bn -
10 Pnc Financial Services 94.29 Bn 94.34 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2023 -37,799.83
Mar 31, 2023 -37,799.83
Dec 31, 2022 -509,638.94
Dec 31, 2022 -509,638.94
Sep 30, 2022 376,508.02
Sep 30, 2022 376,508.02
Jun 30, 2022 603,125.97
Jun 30, 2022 603,125.97
Mar 31, 2022 275,355.45
Mar 31, 2022 275,355.45
Dec 31, 2021 61,580.79
Dec 31, 2021 61,580.79
Sep 30, 2021 109,007.86
Sep 30, 2021 109,007.86
Jun 30, 2021 -137,025.27
Jun 30, 2021 -137,025.27
Mar 31, 2021 2.91 Mn
Mar 31, 2021 2.91 Mn
Dec 31, 2020 -86,130.53
Dec 31, 2020 -86,130.53