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Mitsubishi UFJ Financial Group, Inc. (MBFJF)
| Previous close | 9.98 |
| Open | 9.98 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 9.98 - 9.98 |
| 52-week range | 6.13 - 10.88 |
| Volume | |
| Avg. volume | 50,877 |
| Market cap | 118.227B |
| Beta (5Y monthly) | 0.63 |
| PE ratio (TTM) | 9.00 |
| EPS (TTM) | 1.11 |
| Earnings date | N/A |
| Forward dividend & yield | 0.27 (2.71%) |
| Ex-dividend date | 28 Mar 2024 |
| 1y target est | N/A |
ReutersJapan's MUFG to buy stake in India's HDFC Bank unit HDB Financial, Economic Times reports
BENGALURU (Reuters) -Japan's Mitsubishi UFJ Financial Group (MUFG) is buying a 20% stake in HDFC Bank's non-banking unit HDB Financial Services, valuing the IPO-bound subsidiary between $9 billion and $10 billion, the Economic Times reported on Friday. The final decision is likely to take place next week at the HDFC Bank board meeting, according to the report, which cited people familiar with the matter. MUFG is set to pick up the stake in the unit for $2 billion, and the deal is being done at five times the book value, the Economic Times reported.
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Mitsubishi UFJ (MUFG) targets a ROE of 9% in fiscal 2026 by improving business and strengthening its customer base.
