ITUB vs. MFG: Itaú Unibanco vs. Mizuho Financial Stock Comparison

Company Profile

Itaú Unibanco (ITUB) 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 Itaú Unibanco (ITUB) 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.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Itaú Unibanco (ITUB) at 20.96% clears its industry range for ROE, a sharper capital-efficiency signal than Mizuho Financial (MFG) at 12.49%, which is closer to a typical peer reading.

Both Itaú Unibanco (ITUB) at 32.46% and Mizuho Financial (MFG) at 29.14% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Neither side reports a meaningful operating margin: for Itaú Unibanco (ITUB) 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

Growth

Mizuho Financial (MFG) at 15.82% is around its peer norm for revenue growth, while Itaú Unibanco (ITUB) at 4.21% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Mizuho Financial (MFG) at 43.61% sits in the top EPS growth quartile, while Itaú Unibanco (ITUB) at 9.21% is closer to the peer norm — faster per-share earnings growth for MFG.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Itaú Unibanco (ITUB) 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-to-equity ratio is set aside for both: Itaú Unibanco (ITUB) 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

Dividends

Both Itaú Unibanco (ITUB) at 40.54% and Mizuho Financial (MFG) at 1,544.20% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

Mizuho Financial (MFG) at 24.88% pays out a band-typical share of earnings, while Itaú Unibanco (ITUB) at 70.75% distributes more than its industry norm — less retained, thinner cover.

Dividend Metrics

Valuation

Itaú Unibanco (ITUB) at 9.12 sits in the cheaper P/E ratio quartile, while Mizuho Financial (MFG) at 12.88 is closer to its industry’s usual earnings multiple — a discount for ITUB, though growth and earnings durability still matter.

P/S ratio is set aside for both Itaú Unibanco (ITUB) 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.

Mizuho Financial (MFG) at 1.57 is valued about in line with its industry on P/B ratio, while Itaú Unibanco (ITUB) at 1.79 carries an above-peer premium to book — ITUB is pricier on assets.

Valuation Metrics