Japan’s Mizuho Financial Group posts 79% jump in H1 profit

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The bank reported April-September profit of 385.7 billion yen ($3.38 billion), compared with 215.5 billion yen in the same period a year earlier.

For the full year through March, Mizuho increased its forecast for profit to 530 billion yen from an earlier estimate of 510 billion yen. That compared with the 558.9 billion yen average of 11 analyst estimates compiled by Refinitiv.

($1 = 114.2400 yen)