MUFG's first quarter profit soars 48% as revenue and EPS handily beat forecasts

Mitsubishi UFJ Financial Group (MUFG) reported first quarter results for its fiscal year ending March 2027 that surpassed analyst expectations, driven by strong growth in core profitability. Gross profits reached ¥1.74 trillion ($11.20 billion), while profits attributable to owners of parent surged 48.2% year-over-year to ¥809.4 billion. Earnings per share came in at ¥71.77 ($0.46), significantly ahead of forecasts.

Key Highlights

• Profit attributable to parent owners surged 48.2% year-over-year to ¥809.4 billion, reflecting broad-based business strength.
• Gross profits increased 27.8% to ¥1.74 trillion, supported by a 27.7% rise in net interest income and a 20.9% increase in net fees and commissions.
• Return on Equity (ROE) on a JPX basis improved significantly to 14.40% for the quarter, up from 10.78% in the prior-year period.