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Japan's biggest lender MUFG posts 32% jump in third-quarter profit
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Japan's biggest lender MUFG posts 32% jump in third-quarter profit
Feb 3, 2025 11:18 PM

TOKYO, Feb 4 (Reuters) - Japan's largest lender

Mitsubishi UFJ Financial Group ( MUFG ) reported on Wednesday a

32% increase in quarterly net profit.

Profit in the October-December period came in at 490.74

billion yen ($3.16 billion) versus 370.64 billion yen a year

earlier, according to Reuters' calculations based on nine-month

cumulative figures disclosed in a filing.

MUFG has reached 99.9% of its annual profit guidance of 1.75

trillion yen in the first nine months of the financial year, and

is narrowly trailing the 1.841 trillion yen average annual

estimate of 14 analysts polled by LSEG.

($1 = 155.2400 yen)

($1 = 155.2400 yen)

(Reporting by Anton Bridge; Editing by Muralikumar

Anantharaman)

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