Mizuho Financial (MFG) Operating Expenses (2009 - 2026)
Mizuho Financial's (MFG) quarterly Operating Expenses came in at $12.1 billion in Q2 2026, down 0.95% YoY from $12.2 billion in Q2 2025, and up 169.31% on a QoQ basis from -$17.4 billion in Q1 2026.
Mizuho Financial (MFG) Operating Expenses (2009 - 2026) Analysis & Trends
Mizuho Financial (MFG) has 18 years of Operating Expenses data on file, last reported at $12.1 billion in Q2 2026.
- Quarterly Operating Expenses fell 0.95% year-over-year to $12.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $17.9 billion (up 22.07% YoY) and the FY2026 annual result came in at $17.5 billion, up 10.61% from the prior year.
- Operating Expenses advanced to $12.1 billion in Q2 2026, from -$17.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $31.5 billion in Q4 2024 to a low of -$23.2 billion in Q1 2025.
- A 5-year average of $4.1 billion and a median of $3.6 billion in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 121.24% — and 2023, when it sank 1781.88%.
- Tracing MFG's Operating Expenses over 5 years: stood at $19.3 billion in 2022, then surged by 48.73% to $28.7 billion in 2023, then increased by 9.98% to $31.5 billion in 2024, then retreated by 14.59% to $26.9 billion in 2025, then sank by 55.23% to $12.1 billion in 2026.
- The last three Operating Expenses figures came in at $12.1 billion (Q2 2026), -$17.4 billion (Q1 2026), and $26.9 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | Mizuho Financial | 12.60 Bn | -335.90 Bn | - | 12.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.06 Bn |
| Mar 31, 2026 | -17.40 Bn |
| Dec 31, 2025 | 26.93 Bn |
| Sep 30, 2025 | -3.72 Bn |
| Jun 30, 2025 | 12.17 Bn |
| Mar 31, 2025 | -23.21 Bn |
| Dec 31, 2024 | 31.54 Bn |
| Sep 30, 2024 | -5.86 Bn |
| Jun 30, 2024 | 13.02 Bn |
| Mar 31, 2024 | -20.24 Bn |
| Dec 31, 2023 | 28.67 Bn |
| Sep 30, 2023 | -3.64 Bn |
| Jun 30, 2023 | 11.42 Bn |
| Mar 31, 2023 | -12.97 Bn |
| Dec 31, 2022 | 19.28 Bn |
| Sep 30, 2022 | -757.39 Mn |
| Jun 30, 2022 | 7.97 Bn |
| Mar 31, 2022 | -689.40 Mn |
| Dec 31, 2021 | 8.71 Bn |
| Sep 30, 2021 | 3.08 Bn |