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Investing.com -- Mitsubishi UFJ Financial Group reported a net profit of 7% to 747 billion yen for July–September from 702 billion yen a year earlier.
The bank also raised its full-year profit target to 2.1 trillion yen from 2 trillion yen for the year ending March 2026.
The latest numbers extend a steady first-half performance. For the six months to September, profits attributable to owners of parent reached 1.29 trillion yen, up 2.8% from the same period last year.
Ordinary income inched higher to 6.89 trillion yen, and ordinary profits came in at 1.75 trillion yen. Fees and commissions rose to 1.21 trillion yen, while equity-method earnings increased to 381.9 billion yen.
Basic earnings per share for the half-year came to 113.07 yen.
MUFG ended the period with total assets of 404.3 trillion yen and an equity-to-asset ratio of 5.2%, slightly higher than at the previous fiscal year-end. The group also lifted its interim dividend to 35 yen per share and maintained its full-year dividend forecast at 74 yen.