|Bid||5.31 x 1000|
|Ask||5.37 x 2200|
|Day's Range||5.29 - 5.34|
|52 Week Range||4.49 - 5.54|
|Beta (5Y Monthly)||1.50|
|PE Ratio (TTM)||6.20|
|Forward Dividend & Yield||0.23 (4.35%)|
|Ex-Dividend Date||Sep 25, 2019|
|1y Target Est||7.77|
Mitsubishi UFJ Financial Group Inc (MUFG), Japan's biggest lender, said on Friday it was replacing its CEO after one year and Hironori Kamezawa, who oversees its digital strategy, would be taking the reins. Outgoing CEO Kanetsugu Mike will become the group's deputy chairman but will remain as head of the core unit, MUFG Bank. Kamezawa, 58, currently deputy president, would be the first chief executive to have not previously headed MUFG Bank, a radical break with tradition.
Union Bank and global technology leader FIS™ (NYSE: FIS) today announced a cooperative agreement to deliver a next-generation core banking platform to power the bank through its next iteration of digital offerings.
Union Bank today announced it has completed the third installment of grants providing support to nearly 60 non-profit organizations throughout the West Coast. Under its Expanding Housing Opportunities (EHOP) strategic initiative, the bank's Corporate Social Responsibility (CSR) group is striving to expand access to affordable housing, particularly for low-and-moderate-income individuals and families. Over the last three years, Union Bank has granted nearly $3.5 million to carefully selected nonprofits through EHOP initiatives.
Mitsubishi UFJ (MUFG) displays growth through acquisitions and remains focused on its business-upgradation plan, though rising expenses and Bank of Japan's negative interest-rate policy are concerns.
Union Bank today announced it has committed $225,000 to help fund the Los Angeles-based Housing Development Training Institute (HDTI), which is part of Local Initiatives Support Corporation (LISC). The grant will be used for a training curriculum to develop and equip the next generation of affordable housing project managers.
The market has been volatile in the last few months as the Federal Reserve finalized its rate cuts and uncertainty looms over trade negotiations with China. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by more than 10 percentage […]
Japanese Finance Minister Taro Aso said on Friday he did not believe the central bank's negative interest rate policy was behind a megabank's decision to consider implementing fees on some banking services. Aso made the comment after Mitsubishi UFJ Financial Group (MUFG) confirmed it was weighing such a move, following a report in the Nikkei business daily that the bank was considering fees on dormant accounts and other services. Years of the central bank's heavy money printing have failed to fire up inflation and crushed long-term interest rates near zero, drawing criticism from financial institutions for narrowing their margins and hurting their profits.
Frank Recruitment Group, an IT recruiting firm headquartered in the United Kingdom, recently opened its ninth stateside office in uptown Charlotte.
The new executive has deep roots in California banking, having started as a teller at Wells Fargo and later joining Bank of America.
44 percent of Millennials admit to using money as an excuse to not travel home for the holidays. One in five Gen Zers plan to spend big bucks on Mom and themselves, possibly adding up to over $500 spent on the two gifts. Four in 10 respondents admit they feel pressure to spend on people they don't want to, even more so for Millennials (56 percent).
SAN FRANCISCO , Nov. 14, 2019 /PRNewswire/ -- Union Bank named Sandy Walia as Regional President for Northern California and the Pacific Northwest Branch Banking division. Walia will oversee a network ...
Mitsubishi UFJ (MUFG) reports disappointing earnings for first-half fiscal 2019 (Sep 30, 2019), mainly negatively impacted by lower net gains on equity securities and higher expenses.
Mitsubishi UFJ Financial Group's (MUFG) interim results for fiscal 2019 are expected to reflect higher expenses related to investments and fall in interest income.
SAN DIEGO , Oct. 31, 2019 /PRNewswire/ -- Union Bank today announced Isai Amaya as Regional President of the San Diego Branch Banking division. Amaya will oversee a network of more than 50 branches and ...
The Association for Financial Professionals recognizes the leading finance groups for innovation, collaboration and results BOSTON , Oct. 21, 2019 /PRNewswire/ -- Hyundai Capital America (HCA) has won ...
The Zacks Analyst Blog Highlights: Johnson & Johnson, Boeing, Pfizer, Qualcomm and Mitsubishi UFJ Financial
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]
SAN FRANCISCO, Oct. 7, 2019 /PRNewswire/ -- Union Bank today announced Elaine Genevro as Head of Branch Banking for the Regional Bank. Genevro will oversee a network of more than 350 branches throughout California, Oregon, and Washington. Genevro has more than 35 years of experience in the financial services industry, most recently as the bank's Regional President for Northern California and the Pacific Northwest for the last four years.