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.
| Profile Item | HSBC | MFG |
|---|---|---|
| Name | HSBC Holdings plc Sponsored ADR | Mizuho Financial Group, Inc. American Depositary Receipts |
| Country/Region | United Kingdom | Japan |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 297.66 billion USD | 113.48 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 16, 1999 | November 8, 2006 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HSBC | MFG |
|---|---|---|
| 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
Return Distribution
Risk Metrics
| Metric | HSBC | MFG |
|---|---|---|
| Volatility (1Y, Annualized) | 28.54% | 33.78% |
| Beta (5Y) | 0.54 | 0.58 |
| Max Drawdown (5Y) | -31.80% | -28.34% |
| Avg. Volume (3M) | 1.58M | 3.45M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HSBC | MFG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.97 | 1.26 |
| Sortino Ratio (1Y) | 1.52 | 1.92 |
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%
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%
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
| Metric | HSBC | MFG |
|---|---|---|
| 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.
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.
Growth Metrics
| Metric | HSBC | MFG |
|---|---|---|
| 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
| Metric | HSBC | MFG |
|---|---|---|
| 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%
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%
Dividend Metrics
| Metric | HSBC | MFG |
|---|---|---|
| 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
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
Valuation Metrics
| Metric | HSBC | MFG |
|---|---|---|
| P/E Ratio (TTM) | 11.38 | 12.88 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 6.87 | 1.57 |
| Free Cash Flow Yield (TTM) | -- | -- |