Mitsubishi UFJ Financial Group Inc. (MTU): Today's Featured Banking Loser

Mitsubishi UFJ Financial Group Inc (MTU) pushed the Banking industry lower today making it today's featured Banking loser. The industry as a whole closed the day up 1.5%. By the end of trading, Mitsubishi UFJ Financial Group Inc fell 3 cents (-0.7%) to $4.32 on light volume. Throughout the day, 723,816 shares of Mitsubishi UFJ Financial Group Inc exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in price between $4.26-$4.32 after having opened the day at $4.28 as compared to the previous trading day's close of $4.35. Other company's within the Banking industry that declined today were: Carrollton Bancorp (CRRB), down 11.9%, First Security Group Inc (FSGI), down 11.1%, Southern Connecticut Bancorp (SSE), down 10%, and FNB United (FNBND), down 9.8%.

Mitsubishi UFJ Financial Group, Inc., together with its subsidiaries, provides various financial services to individual and corporate customers in Japan and internationally. Its Integrated Retail Banking Business Group comprises commercial banking, trust banking, and securities businesses. Mitsubishi UFJ Financial Group Inc has a market cap of $59.8 billion and is part of the financial sector. The company has a P/E ratio of 30.6, above the average banking industry P/E ratio of 11.3 and above the S&P 500 P/E ratio of 17.7. Shares are down 21.4% year to date as of the close of trading on Monday.

TheStreet Ratings rates Mitsubishi UFJ Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.

• You can view the full Mitsubishi UFJ Financial Group Ratings Report.

On the positive front, Northeast Bancorp (NBN), up 14.4%, Camco Financial (CAFI), up 13.2%, First Capital Bancorp Inc (FCVA), up 9.7%, and Summit Financial Group Inc (SMMF), up 9.1%, were all gainers within the banking industry with Wells Fargo (WFC) being today's featured banking industry winner.

• Use our banking section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF (KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng (KRS).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Mitsubishi UFJ Financial Group Inc. click any of the following:

• Mitsubishi UFJ Financial Group Inc. Stock Price

• Mitsubishi UFJ Financial Group Inc. Analyst Ratings

• Mitsubishi UFJ Financial Group Inc. Key Stats & Profile

• Mitsubishi UFJ Financial Group Inc. Earnings

• Mitsubishi UFJ Financial Group Inc. Ratio Comparison

• Mitsubishi UFJ Financial Group Inc. Growth Rates

• Mitsubishi UFJ Financial Group Inc. Balance Sheet

• Mitsubishi UFJ Financial Group Inc. Cash Flow

• Mitsubishi UFJ Financial Group Inc. Income Statement