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Mitsubishi UFJ Financial Group (MBFJF)
:MBFJF
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Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
0.16Last Year’s EPS
0.2Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2019
|% Change Since: 1.73%
|Next Earnings Date:Jul 31, 2019
Earnings Call Sentiment|Positive
The earnings call highlighted record high net profits and strong progress in strategic initiatives, especially in digital transformation and strategic alliances. However, increased expenses and foreign exchange uncertainties were noted as challenges. Overall, the sentiment is largely positive due to the significant achievements outweighing the challenges.Company Guidance
During the MUFG earnings call for the second quarter of 2024, Hironori Kamezawa highlighted several key financial metrics and strategic initiatives. The company reported a record interim net profit of JPY 927.2 billion, with a full-year target set at JPY 1.3 trillion and a return on equity (ROE) goal of 7.5%. Year-over-year profits increased by approximately JPY 700 billion, driven by enhanced earning power in customer segments and the absence of previous onetime losses. Despite increased expenses due to business expansion and external factors, structural reforms helped maintain control. The company also achieved significant growth in non-Japanese yen net interest income and set high records in fees and commissions. A share repurchase of up to JPY 400 billion, an all-time high for an interim period, was announced alongside maintaining a consistent dividend per share forecast. Additionally, the progress in MUFG's medium-term business plan included digital transformation, customer touchpoint expansion, and strategic alliances, notably with Morgan Stanley. Sustainability initiatives focused on reducing GHG emissions and enhancing human capital through DEI promotion and reskilling programs.Record High Net Profits
Net profits for the first half of fiscal 2023 were JPY 927.2 billion, marking a record high for an interim period since the inception of MUFG, with a year-over-year increase of about JPY 700 billion.
Strong Progress in Medium-Term Business Plan
Profits in customer segments increased by more than JPY 200 billion, fully offsetting the drop from the sale of Union Bank, showing solid progress in the medium-term business plan.
Strategic Alliance with Morgan Stanley
The strategic alliance with Morgan Stanley is deepening into Alliance 2.0, expanding collaboration areas beyond investment banking and wealth management.
Substantial Shareholder Returns
Annual dividend per share remains unchanged, with an increase of JPY 9 from last year, and a share repurchase of up to JPY 400 billion, marking an all-time high for an interim period.
Expansion in Digital and Financial Services
Initiatives like Money Canvas and Progmat are growing steadily, enhancing MUFG's digital footprint and customer engagement.
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MBFJF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MBFJF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $11.55 | $11.60 | +0.43% |
| Aug 01, 2024 | $11.64 | $11.50 | -1.20% |
| May 15, 2024 | $10.26 | $10.24 | -0.19% |
| Feb 05, 2024 | $9.46 | $9.50 | +0.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Mitsubishi UFJ Financial Group (MBFJF) report earnings?
Mitsubishi UFJ Financial Group (MBFJF) is schdueled to report earning on Feb 04, 2025, TBA Not Confirmed.
What is Mitsubishi UFJ Financial Group (MBFJF) earnings time?
Mitsubishi UFJ Financial Group (MBFJF) earnings time is at Feb 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MBFJF EPS forecast?
MBFJF EPS forecast for the fiscal quarter 2024 (Q3) is 0.16.
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