|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.55 - 6.67|
|52 Week Range||5.95 - 8.11|
|PE Ratio (TTM)||34.23|
|Forward Dividend & Yield||0.16 (2.44%)|
|1y Target Est||N/A|
Moody's Japan K.K. says that the fiscal 2017 results for Japan's three megabanks show the challenges they continue to face in improving core revenue, both at home and overseas, although their buildup in capital is credit positive. "Also on a positive note, asset quality improved at all three banks from already strong levels, while credit costs declined, and retained earnings and reduced equity holdings raised capital ratios," says Tetsuya Yamamoto, a Moody's Vice President and Senior Credit Officer. The three megabanks are Mitsubishi UFJ Financial Group, Inc. (MUFG, A1 stable), Mizuho Financial Group, Inc. (A1 stable) and Sumitomo Mitsui Financial Group, Inc. (SMFG, A1 stable).
Mitsubishi UFJ Financial Group Inc said on Thursday Jon Lindenberg has been promoted to head of investment banking for the Americas. Lindenberg, previously deputy head of investment banking and head of ...
Mitsubishi UFJ Financial Group (MUFG) reports impressive earnings for fiscal 2017 (Mar 31, 2018), driven by low credit costs and strong deposits.
Japan's biggest banks have begun major revamps of their domestic retail networks, as the cost of maintaining traditional branches weighs heavily at a time of diminishing revenue and a shift in how consumers conduct financial transactions. Mitsubishi UFJ Financial Group Inc (MUFG) , Japan's largest lender, said on Tuesday it will cut its number of domestic branches by 20 percent over six years from about 500. Under the plan, part of a medium-term strategy, MUFG said the number of conventional retail branches will be halved, as many will be replaced by self service-style branches.
Mitsubishi UFJ Financial Group (MUFG) is scheduled to report fourth-quarter fiscal 2018 (ended Mar 31, 2018) results on May 15. Let's see how the company will perform this time.
The Zacks Analyst Blog Highlights: Autohome, Kingdee International Software Group, Mitsubishi UFJ Financial Group and Woori Bank
Japan’s biggest bank has been accused by New York officials of dodging tough oversight by swapping its state license for a federal one, putting itself under a U.S. agency on the front lines of President ...
Mitsubishi UFJ (MUFG) to close unprofitable domestic branches. For this, it will book a charge of 50 billion yen in its results for the fiscal year ended Mar 31, 2018.
Mitsubishi UFJ Financial Group (MUFG) plans to book a charge of 50 billion yen ($470 million) for the year ended March, as it closes or merges unprofitable domestic branches to cut costs, two people with knowledge of the matter told Reuters. A spokesman for Japan's largest lender declined to comment. MUFG, which has 500 branches in the country, is scheduled to announce its annual results in May. At the end of the first nine months, it had already earned 90 percent of a projected full-year profit of 950 billion yen.
Mitsubishi UFJ Financial Group Inc. said on Tuesday it hired Maureen Sullivan as managing director and head of supply chain finance for the Americas. She began her role on Monday and will split her time ...
Comptroller of the Currency Joseph Otting will “have to step out of the room” when regulators make decisions on five banks to which he has ties.
Financial services company Mitsubishi UFJ Financial Group named Pierre Ferland chief executive of MUFG Securities Asia Ltd, effective Feb 20. Ferland, who will be based in Hong Kong, most recently worked ...
Two units of Japan's Mitsubishi UFJ Financial Group Inc agreed to pay $30 million to end private U.S. antitrust litigation claiming they conspired with other banks to rig yen Libor and Euroyen Tibor benchmark ...
NEW YORK (Reuters) - Two units of Japan's Mitsubishi UFJ Financial Group Inc ("MUFG") agreed to pay $30 million to end private U.S. antitrust litigation claiming they conspired with other banks ...
Saudi Arabia is working with HSBC, JPMorgan and Mitsubishi UFJ Financial Group on the refinancing of its existing $10 billion syndicated loan, said banking sources familiar with the matter. The three lenders have a leading role in the refinancing, which will involve a much larger group of banks. Loan syndication is expected to be completed by mid-February, said the sources.
Mitsubishi UFJ Financial Group Inc. (MTU) impressive earnings for the nine-month period ended (Dec 31, 2017) of fiscal year ending Mar 31, 2018, driven by increased gross profits and low credit costs.
Japan's largest lender Mitsubishi UFJ Financial Group (MUFG) posted a 20 percent drop in quarterly profit due to a surge in costs related to its overseas growth push, diverging from its two closest rivals who saw their profits rise. MUFG, Sumitomo Mitsui Financial Group and Mizuho Financial Group - Japan's top-three banks - are suffering diminishing profits in their domestic banking business, hurt by persistently low interest rates amid the Bank of Japan's massive monetary stimulus measures.
The Tokyo-based bank said it had earnings of 16 cents per share. The bank posted revenue of $13.37 billion in the period. MUFG shares have climbed almost 8 percent since the beginning of the year. The ...
Mitsubishi UFJ Financial Group said on Friday net profit rose 9.7 percent in the nine months ended December, helped by fewer bad loans and gains from its stock portfolio. Japan's largest lender said net ...
New York isn’t going to let Bank of Tokyo-Mitsubishi UFJ Ltd. slip out of its regulatory oversight without fighting back.
Mitsubishi UFJ Financial Group's (MTU) results might be affected by persistent negative rates and elevated expenses. Higher fee income is likely to act as a tailwind.