The bullish trends for MUFG stock are supported by strong financial performance, strategic initiatives, and favorable market conditions. MUFG has demonstrated robust financial results, achieving record net profits of ¥1,258.1 billion in the first half of FY2024, a 46% increase year-on-year. This marked the first time the bank exceeded ¥1 trillion in interim profits since its establishment. The company has also revised its full-year profit target to ¥1.75 trillion
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