Transferring Coverage of Four Japan Banks; Policy Rate Benefits Largely Priced In
We are transferring coverage of Mitsubishi UFJ Financial Group, or MUFG, Sumitomo Mitsui Financial Group, or SMFG, Mizuho Financial Group, and Resona Group.
Mitsubishi UFJ Financial Group Inc ADR MUFG
Bulls Say, Bears Say
Bulls
MUFG has improved its capital allocation, selling its underperforming US business, adjusting bond risks and increasing dividends and buybacks.
Bears
Despite significant improvement, MUFG’s return on equity is still lower than that of many large global banks.
News
MUFG Named Aviation Finance House of the Year and Americas Bank of the Year
MUFG Launches Virtual Account Management Solution to Enhance Treasury Operations
Hailey Orr Named to American Banker's 2026 Most Powerful Women in Banking: NEXT List
Ant International-Backed Fintech Unicorn Gets Regulatory Nod for Philippines's Largest-Ever IPO
Mitsubishi UFJ, BlackRock to Discuss Collaboration on Private Credit in Japan
Mitsubishi UFJ's Quarterly Profit Tops Expectations — Update
Mitsubishi UFJ Reports Better-Than-Expected Quarterly Profit, Maintains Guidance
Mitsubishi UFJ's Annual Profit Hits New Record, Helped by Higher Loan Rates — Update
Trading Information
- Previous Close Price
- $21.65
- Day Range
- $21.78–22.00
- 52-Week Range
- $14.88–24.26
- Bid/Ask
- $21.90 / $21.99
- Shares Outstanding
- 11.26B
- Market Cap
- $246.95B
- Volume/Avg
- 1,410 / 3M
Key Statistics
- Price/Earnings (Normalized)
- 10.39
- Price/Sales
- 4.88
- Dividend Yield (Trailing)
- 2.46%
- Dividend Yield (Forward)
- 2.46%
- Dividend Payment Schedule
- Jul, Dec
- Total Yield
- 3.78%
Company Profile
Mitsubishi UFJ Financial Group, or MUFG, is the largest bank in Japan in terms of market capitalization and assets. It offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. MUFG also generates substantial revenue and profits outside Japan (more than 30% of its loans are outside Japan) as it provides services to Japanese corporates overseas, local consumers and businesses in Southeast Asia, and non-Japanese global corporates. MUFG also owns a 24% stake in Morgan Stanley.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Stock Style Box
- Large Core
- Total Number of Employees
- 184,200
- Website
- https://www.mufg.jp
Competitors
Valuation
Metric | MUFG | HSBC | MFG |
|---|---|---|---|
Price/Earnings (Normalized) | 10.39 | 8.79 | 13.39 |
Price/Book Value | 1.76 | 1.58 | 1.74 |
Price/Sales | 4.88 | 4.19 | 4.26 |
Price/Cash Flow | — | 6.20 | — |
Price/Earnings
MUFG
HSBC
MFG
Financial Strength
Metric | MUFG | HSBC | MFG |
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
Metric | MUFG | HSBC | MFG |
|---|---|---|---|
Return on Assets (Normalized) | 0.91% | 0.84% | 0.61% |
Return on Equity (Normalized) | 17.81% | 15.18% | 16.24% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
MUFG
HSBC
MFG
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United States