FHN vs. MFG: First Horizon vs. Mizuho Financial Stock Comparison
How do First Horizon (FHN) and Mizuho Financial (MFG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
First Horizon (FHN) and Mizuho Financial (MFG) both belong to the Banks industry, though FHN is classified under Regional Banks while MFG falls under Diversified Banks.
First Horizon (FHN) trades as ordinary local shares, while Mizuho Financial (MFG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | FHN | MFG |
|---|---|---|
| Name | First Horizon Corporation | Mizuho Financial Group, Inc. American Depositary Receipts |
| Country/Region | United States | Japan |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Regional Banks | Diversified Banks |
| Market Capitalization | 10.85 billion USD | 113.48 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | November 8, 2006 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FHN | MFG |
|---|---|---|
| Total Return (1Y) | 12.96% | 46.98% |
| Total Return (3Y, Annualized) | 32.94% | 47.92% |
| Total Return (5Y, Annualized) | 10.16% | 30.77% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FHN | MFG |
|---|---|---|
| Volatility (1Y, Annualized) | 22.55% | 33.78% |
| Beta (5Y) | 0.61 | 0.58 |
| Max Drawdown (5Y) | -60.76% | -28.34% |
| Avg. Volume (3M) | 5.55M | 3.45M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FHN | MFG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.38 | 1.26 |
| Sortino Ratio (1Y) | 0.56 | 1.92 |
Profitability
ROE (TTM)
Mizuho Financial (MFG) at 12.49% is around its peer norm for ROE, while First Horizon (FHN) at 7.92% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
FHN
Banks industry group
7.92%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- FHN
- 7.92%
- Min
- 3.64%
MFG
Banks industry group
12.49%
- Max
- 19.84%
- Q3
- 13.67%
- MFG
- 12.49%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
Net Margin (TTM)
Mizuho Financial (MFG) at 29.14% keeps about the industry-typical share of revenue as profit, while First Horizon (FHN) at 23.43% retains only a bottom-quartile share.
FHN
Banks industry group
23.43%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- Q1
- 27.11%
- FHN
- 23.43%
- Min
- 14.93%
MFG
Banks industry group
29.14%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- MFG
- 29.14%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for First Horizon (FHN) in Banks and Mizuho Financial (MFG) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | FHN | MFG |
|---|---|---|
| ROE (TTM) | 7.92% | 12.49% |
| ROA (TTM) | 0.87% | 0.48% |
| Net Margin (TTM) | 23.43% | 29.14% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both First Horizon (FHN) at 7.33% and Mizuho Financial (MFG) at 15.82% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both First Horizon (FHN) at 37.50% and Mizuho Financial (MFG) at 43.61% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.
Growth Metrics
| Metric | FHN | MFG |
|---|---|---|
| Revenue Growth (YoY) | 7.33% | 15.82% |
| Revenue Growth (3Y CAGR) | 2.12% | 16.50% |
| EPS Growth (YoY) | 37.50% | 43.61% |
| EPS Growth (3Y CAGR) | 6.92% | 31.89% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: First Horizon (FHN) in Banks and Mizuho Financial (MFG) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: First Horizon (FHN) in Banks and Mizuho Financial (MFG) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | FHN | MFG |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
First Horizon (FHN) at 2.85% pays an industry-typical yield; Mizuho Financial (MFG) at 1,544.20% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
FHN
Banks industry group
2.85%
- Max
- 5.79%
- Q3
- 3.18%
- FHN
- 2.85%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
MFG
Banks industry group
1,544.20%
- MFG
- 1,544.20%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Mizuho Financial (MFG) at 24.88% pays out a band-typical share of earnings, while First Horizon (FHN) at 47.48% distributes more than its industry norm — less retained, thinner cover.
FHN
Banks industry group
47.48%
- Max
- 70.75%
- FHN
- 47.48%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
MFG
Banks industry group
24.88%
- Max
- 70.75%
- Q3
- 41.28%
- Median
- 29.26%
- MFG
- 24.88%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | FHN | MFG |
|---|---|---|
| Dividend Yield (TTM) | 2.85% | 1,544.20% |
| Dividend Payout Ratio (TTM) | 47.48% | 24.88% |
Valuation
P/E Ratio (TTM)
Mizuho Financial (MFG) at 12.88 is near its industry’s usual P/E ratio, while First Horizon (FHN) at 16.58 sits in the richer quartile — FHN needs stronger growth or earnings quality to justify the premium.
FHN
Banks industry group
16.58
- Max
- 18.16
- FHN
- 16.58
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
MFG
Banks industry group
12.88
- Max
- 18.16
- Q3
- 13.75
- MFG
- 12.88
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both First Horizon (FHN) in Banks and Mizuho Financial (MFG) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
P/B Ratio (MRQ)
On P/B ratio, both First Horizon (FHN) at 1.34 and Mizuho Financial (MFG) at 1.57 are valued close to their industries’ norm against book — neither stands out from peers.
FHN
Banks industry group
1.34
- Max
- 2.28
- Q3
- 1.58
- FHN
- 1.34
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
MFG
Banks industry group
1.57
- Max
- 2.28
- Q3
- 1.58
- MFG
- 1.57
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | FHN | MFG |
|---|---|---|
| P/E Ratio (TTM) | 16.58 | 12.88 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 1.34 | 1.57 |
| Free Cash Flow Yield (TTM) | -- | -- |