MFG vs. SAN: Mizuho Financial vs. Banco Santander Stock Comparison

Company Profile

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

Both Mizuho Financial (MFG) and Banco Santander (SAN) 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

Both Mizuho Financial (MFG) at 12.49% and Banco Santander (SAN) at 13.06% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

Both Mizuho Financial (MFG) at 29.14% and Banco Santander (SAN) at 32.58% 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 Mizuho Financial (MFG) in Banks and Banco Santander (SAN) 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 Banco Santander (SAN) at -0.47% 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 Banco Santander (SAN) at 17.19% 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: Mizuho Financial (MFG) in Banks and Banco Santander (SAN) 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: Mizuho Financial (MFG) in Banks and Banco Santander (SAN) 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

Banco Santander (SAN) at 2.10% 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.

Both Mizuho Financial (MFG) at 24.88% and Banco Santander (SAN) at 25.91% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

Dividend Metrics

Valuation

Both Mizuho Financial (MFG) at 12.88 and Banco Santander (SAN) at 11.08 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

P/S ratio is set aside for both Mizuho Financial (MFG) in Banks and Banco Santander (SAN) 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.

On P/B ratio, both Mizuho Financial (MFG) at 1.57 and Banco Santander (SAN) at 1.33 are valued close to their industries’ norm against book — neither stands out from peers.

Valuation Metrics