- The revenue growth greatly exceeded the industry average of 8.2%. Since the same quarter one year prior, revenues rose by 27.6%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- The gross profit margin for MITSUBISHI UFJ FINANCIAL GRP is currently very high, coming in at 89.62%. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, MTU's net profit margin of 15.43% significantly trails the industry average.
- The share price of MITSUBISHI UFJ FINANCIAL GRP has not done very well: it is down 5.60% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed against the S&P 500 and did not exceed that of the Commercial Banks industry. The net income has significantly decreased by 27.8% when compared to the same quarter one year ago, falling from $2,909.43 million to $2,101.02 million.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Banking industry as a whole closed the day down 0.3% versus the S&P 500, which was down 0.9%. Laggards within the Banking industry included Bay Bancorp ( BYBK), down 3.5%, Porter Bancorp ( PBIB), down 3.1%, Cordia Bancorp ( BVA), down 1.8%, Citizens First ( CZFC), down 4.3% and Southcoast Financial ( SOCB), down 1.8%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today: Mitsubishi UFJ Financial Group ( MTU) is one of the companies that pushed the Banking industry lower today. Mitsubishi UFJ Financial Group was down $0.11 (1.9%) to $5.80 on light volume. Throughout the day, 887,380 shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 1,286,400 shares. The stock ranged in price between $5.79-$5.89 after having opened the day at $5.88 as compared to the previous trading day's close of $5.91. Mitsubishi UFJ Financial Group, Inc., through its subsidiaries, provides financial services in Japan and internationally. Mitsubishi UFJ Financial Group has a market cap of $84.7 billion and is part of the financial sector. Shares are down 11.5% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate Mitsubishi UFJ Financial Group a buy, no analysts rate it a sell, and none rate it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. 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, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Highlights from TheStreet Ratings analysis on MTU go as follows: