Seek Returns

HSBC vs. MFG: HSBC vs. Mizuho Financial Stock Comparison

How do HSBC (HSBC) 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

HSBC (HSBC) and Mizuho Financial (MFG) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Both HSBC (HSBC) and Mizuho Financial (MFG) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Company profile comparison for HSBC (HSBC) and Mizuho Financial (MFG)
Profile ItemHSBCMFG
NameHSBC Holdings plc Sponsored ADRMizuho Financial Group, Inc. American Depositary Receipts
Country/RegionUnited KingdomJapan
GICS SectorFinancialsFinancials
GICS Industry GroupBanksBanks
GICS IndustryBanksBanks
GICS Sub-IndustryDiversified BanksDiversified Banks
Market Capitalization297.66 billion USD113.48 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJuly 16, 1999November 8, 2006
Security TypeADRADR

Price Performance

Cumulative Growth

HSBC
MFG
GSPC
Loading price history…
HSBC (HSBC) vs. Mizuho Financial (MFG), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for HSBC (HSBC) and Mizuho Financial (MFG). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for HSBC (HSBC) and Mizuho Financial (MFG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for HSBC (HSBC) and Mizuho Financial (MFG)
MetricHSBCMFG
Total Return (1Y)32.02%46.98%
Total Return (3Y, Annualized)43.61%47.92%
Total Return (5Y, Annualized)33.35%30.77%

Risk Profile

Drawdown History

HSBC
MFG
GSPC
Loading price history…
HSBC (HSBC) vs. Mizuho Financial (MFG), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for HSBC (HSBC) and Mizuho Financial (MFG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for HSBC (HSBC) and Mizuho Financial (MFG)
MetricHSBCMFG
Volatility (1Y, Annualized)28.54%33.78%
Beta (5Y)0.540.58
Max Drawdown (5Y)-31.80%-28.34%
Avg. Volume (3M)1.58M3.45M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
HSBC and MFG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for HSBC (HSBC) and Mizuho Financial (MFG)
MetricHSBCMFG
Sharpe Ratio (1Y)0.971.26
Sortino Ratio (1Y)1.521.92

Profitability

ROE (TTM)

HSBC (HSBC) at 14.22% sits in the top ROE quartile, while Mizuho Financial (MFG) at 12.49% is closer to the peer norm — stronger capital efficiency for HSBC.

HSBC

Banks industry group

14.22%

Max
19.84%
HSBC
14.22%
Q3
13.67%
Median
11.49%
Q1
9.50%
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%
Loading chart…
HSBC (HSBC) vs. Mizuho Financial (MFG): A comparison of their ROE against the Banks industry group benchmark.

Net Margin (TTM)

HSBC (HSBC) at 41.16% retains a top-quartile share of revenue as profit, ahead of Mizuho Financial (MFG) at 29.14%, which keeps about the industry-typical share.

HSBC

Banks industry group

41.16%

Max
47.19%
HSBC
41.16%
Q3
35.25%
Median
31.21%
Q1
27.11%
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%
Loading chart…
HSBC (HSBC) vs. Mizuho Financial (MFG): A comparison of their net margin against the Banks industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for HSBC (HSBC) 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

Profitability metrics for HSBC (HSBC) and Mizuho Financial (MFG)
MetricHSBCMFG
ROE (TTM)14.22%12.49%
ROA (TTM)0.84%0.48%
Net Margin (TTM)41.16%29.14%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Mizuho Financial (MFG) at 15.82% is around its peer norm for revenue growth, while HSBC (HSBC) at 5.38% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Loading chart…
HSBC (HSBC) vs. Mizuho Financial (MFG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Mizuho Financial (MFG) at 43.61% sits in the top EPS growth quartile, while HSBC (HSBC) at -3.23% is in the bottom quartile, showing a clear gap in earnings momentum.

Loading chart…
HSBC (HSBC) vs. Mizuho Financial (MFG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for HSBC (HSBC) and Mizuho Financial (MFG)
MetricHSBCMFG
Revenue Growth (YoY)5.38%15.82%
Revenue Growth (3Y CAGR)9.75%16.50%
EPS Growth (YoY)-3.23%43.61%
EPS Growth (3Y CAGR)17.49%31.89%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: HSBC (HSBC) 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: HSBC (HSBC) 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

Financial strength metrics for HSBC (HSBC) and Mizuho Financial (MFG)
MetricHSBCMFG
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Mizuho Financial (MFG) at 1,544.20% yields beyond its industry’s entire range — a level that invites a dividend-safety check — while HSBC (HSBC) at 0.86% sits in the bottom quartile of its peers.

HSBC

Banks industry group

0.86%

Max
5.79%
Q3
3.18%
Median
2.39%
Q1
1.20%
HSBC
0.86%
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%
Loading chart…
HSBC (HSBC) vs. Mizuho Financial (MFG): A comparison of their dividend yield against the Banks industry group benchmark.

Dividend Payout Ratio (TTM)

Mizuho Financial (MFG) at 24.88% pays out a band-typical share of earnings, while HSBC (HSBC) at 53.57% distributes more than its industry norm — less retained, thinner cover.

HSBC

Banks industry group

53.57%

Max
70.75%
HSBC
53.57%
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%
Loading chart…
HSBC (HSBC) vs. Mizuho Financial (MFG): A comparison of their payout ratio against the Banks industry group benchmark.

Dividend Metrics

Dividend metrics for HSBC (HSBC) and Mizuho Financial (MFG)
MetricHSBCMFG
Dividend Yield (TTM)0.86%1,544.20%
Dividend Payout Ratio (TTM)53.57%24.88%

Valuation

P/E Ratio (TTM)

Both HSBC (HSBC) at 11.38 and Mizuho Financial (MFG) at 12.88 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

HSBC

Banks industry group

11.38

Max
18.16
Q3
13.75
Median
11.81
HSBC
11.38
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
Loading chart…
HSBC (HSBC) vs. Mizuho Financial (MFG): A comparison of their P/E ratio against the Banks industry group benchmark.

P/S Ratio (TTM)

P/S ratio is set aside for both HSBC (HSBC) 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)

Mizuho Financial (MFG) at 1.57 sits near its industry’s typical P/B ratio, while HSBC (HSBC) at 6.87 prices above its benchmark range — HSBC looks rich relative to book.

HSBC

Banks industry group

6.87

HSBC
6.87
Max
2.28
Q3
1.58
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
Loading chart…
HSBC (HSBC) vs. Mizuho Financial (MFG): A comparison of their P/B ratio against the Banks industry group benchmark.

Valuation Metrics

Valuation metrics for HSBC (HSBC) and Mizuho Financial (MFG)
MetricHSBCMFG
P/E Ratio (TTM)11.3812.88
P/S Ratio (TTM)----
P/B Ratio (MRQ)6.871.57
Free Cash Flow Yield (TTM)----