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Mitsubishi UFJ (MUFG) Rides on Strategic Buyouts Amid Lower NII
MUFGMUFG(US:MUFG) ZACKS·2024-07-01 13:26

Mitsubishi UFJ Financial Group's (MUFG) strategic buyouts and focus on business upgradation plans will support its financials in the long run. Also, its strong liquidity profile and capital strength support the share repurchase plan. On the flip side, lower net interest income (NII) is expected to limit revenue growth in the near term. Besides, high costs are likely to impede bottom-line growth. The bank is focused on expanding inorganically and is actively seeking new growth opportunities globally. Since 2 ...