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

Mitsubishi UFJ Financial Group Inc ( MTU) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.6%. By the end of trading, Mitsubishi UFJ Financial Group Inc rose 4 cents (1%) to $4.12 on average volume. Throughout the day, 1.5 million shares of Mitsubishi UFJ Financial Group Inc exchanged hands as compared to its average daily volume of two million shares. The stock ranged in a price between $4.09-$4.15 after having opened the day at $4.13 as compared to the previous trading day's close of $4.08. Other companies within the Banking industry that increased today were: Princeton National Bancorp Inc ( PNBC), up 35.4%, Pathfinder Bancorp Inc ( PBHC), up 14.5%, United Security ( UBFO), up 12.2%, and Northern States Financial ( NSFC), up 9.1%.

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 $59.27 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 11.2 and above the S&P 500 P/E ratio of 17.7. Shares are down 24.6% 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, impressive record of earnings per share growth 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.

On the negative front, Central Federal ( CFBK), down 13%, Dearborn Bancorp Inc ( DEAR), down 12.5%, First Clover Leaf Financial Corporation ( FCLF), down 11.6%, and Mackinac Financial Corporation ( MFNC), down 9.6%, were all losers within the banking industry with Wells Fargo ( WFC) being today's banking industry loser.

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).

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