MUFG: Fiscal 1Q Earnings Snapshot
Posted August 4, 2020 2:06 am.
Last Updated August 4, 2020 2:18 am.
TOKYO (AP) _ Mitsubishi UFJ Financial Group Inc. (MUFG) on Tuesday reported fiscal first-quarter profit of $1.71 billion.
The bank, based in Tokyo, said it had earnings of 13 cents per share. Earnings, adjusted to account for extraordinary items, came to 14 cents per share.
The bank posted revenue of $15.78 billion in the period. Its revenue net of interest expense was $15.78 billion, beating Street forecasts.
The company’s shares closed at $3.80. A year ago, they were trading at $4.92.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MUFG at https://www.zacks.com/ap/MUFG
The Associated Press
