Mitsubishi UFJ Finl Gr Stock (NYSE: MUFG)

Mitsubishi UFJ Finl Gr (NYSE:MUFG) Stock, Quote.Headers.trade-ideas

Mitsubishi UFJ Finl Gr

Mitsubishi UFJ Financial Group is the largest bank in Japan in terms of market capitalization and assets, with an 8.1% share of all domestic loans as of March 2023. It is the largest non-Chinese bank group globally and has a balance sheet slightly larger than those of JPMorgan Chase and HSBC Holdings. MUFG's operations in Japan account for around half of profit, banking in Thailand and Indonesia for around 15%, and equity-method earnings from Morgan Stanley most of the rest.

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Sky Harbour Group, SolarEdge Technologies And Other Big Stocks Moving Lower In Tuesday&#39;s Pre-Market Session

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Mitsubishi UFJ (NYSE: MUFG) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.

MUFG Upgraded to Strong Buy: Here&#39;s Why

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Mitsubishi UFJ Financial Group, Inc. (NYSE: MUFG) stock looks like an attractive investment option now. The company is well-positioned for organic and inorganic growth, given its solid balance sheet and liquidity position, and strategic partnerships and acquisitions.

5 Reasons to Add Mitsubishi UFJ to Your Portfolio Now

Mitsubishi UFJ Financial Group, Inc. Common Stock

Mitsubishi UFJ Financial Group Inc

Home Depot Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) has agreed to a nearly $2 million settlement to address allegations from California prosecutors that the company overcharged customers at checkout due <a href="https://www.benzinga.com/markets/equities/24/09/40915432/home-depot-agrees-to-2m-settlement-in-customer-overcharging-lawsuit">to price discrepancies.</a>
Meanwhile, overbought stocks nearing resistance levels often experience reversals, and Home Depot&#8217;s stock is currently showing these signs. With its share price approaching a key resistance point, it stands out as our Stock of the Day.
Most of the time, a stock stays within its usual or typical trading range. But sometimes, investors and traders can be aggressive and emotional. Their buying can push the stock above this range, which is considered overbought.
This is an important dynamic. It will draw sellers into the market. They will be expecting a reversion to the mean or move lower. Their selling could put pressure on the stock and force it down.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40938732/wall-street-ramps-up-interest-rate-cut-bets-after-fed-meeting-the-hard-landing-crow">Wall Street Ramps Up Interest Rate Cut Bets After Fed Meeting: &#8216;The Hard-Landing Crowd Should Disperse,&#8217; Economist Says</a>
The bottom half of the chart below shows the Relative Strength Index (RSI), a popular momentum indicator. When the blue line crosses above the horizontal red line, it indicates overbought conditions, which is now the case.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="632" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19112247/hd-chart-1024x632.png" alt="" class="wp-image-556556" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19112247/hd-chart-1024x632.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19112247/hd-chart-300x185.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19112247/hd-chart-768x474.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19112247/hd-chart.png 1177w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
The reason resistance often forms at previous levels is rooted in investor psychology, specifically buyer&#8217;s remorse.
There are traders and investors who bought Home Depot when it was at a peak of around $395 in March and came to regret their decision when the stock sold off just after. Some of them vowed to sell their shares if they could get out of the position without losing any money.
As a result, if the stock gets back to their buying price, they will be placing sell orders. And if there are enough of these orders, it will create resistance at the level once again.
Stocks can pull back from resistance due to anxious sellers who fear that others might be willing to sell at a lower price. They understand that buyers will likely turn to those sellers, driving prices down.
So, they reduce the prices at which they are willing to sell. Other anxious sellers see this and do the same thing, resulting in a snowball effect that forces the shares into a downtrend.
The best traders understand psychology. They recognize that resistance often forms at previous peaks due to buyer&#8217;s remorse and that stocks typically pull back from resistance as anxious sellers emerge. This insight enables them to capitalize on these movements and profit.
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Photo: Shutterstock

Technicals

Stock Of The Day: Home Depot Agrees To Settlement, While Overbought Signals Warn Of Potential Sell-Off

Associated Capital Group Shares Resumed Trade

Citigroup analyst Yigal Nochomovitz maintains Applied Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLT#NASDAQ">APLT</a>) with a Buy and raises the price target from $8 to $11.

Price Target

APLT

Citigroup Maintains Buy on Applied Therapeutics, Raises Price Target to $11

Stifel analyst Brian Chin maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Buy and lowers the price target from $165 to $135.

Stifel Maintains Buy on Micron Technology, Lowers Price Target to $135

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Flora Growth shares are trading higher after the company announced an expansion in its European presence through a medical marijuana strategic supply agreement.

JMP Securities analyst Nicholas Jones reiterates Xometry (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XMTR#NASDAQ">XMTR</a>) with a Market Outperform and maintains $27 price target.

Reiteration

XMTR

JMP Securities Reiterates Market Outperform on Xometry, Maintains $27 Price Target

Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) announced a generative AI-powered personal assistant, codenamed Project Amelia, available in beta starting Thursday for an <a href="https://www.aboutamazon.com/news/innovation-at-amazon/amazon-project-amelia">initial set of U.S. sellers.</a>
The Details: Amazon said Project Amelia provides an all-in-one, generative AI-based "selling expert" available from any page within Seller Central. Sellers can ask Amelia knowledge-based questions to receive personalized answers based on Amazon's best practices. Amelia can also provide sellers with status updates, metrics and sales and traffic data.  
Read Next: <a href="https://www.benzinga.com/fintech/24/09/40928342/what-happened-with-sofi-stock-today">What Happened With SoFi Stock Today?</a>
Amazon said Amelia will soon be able to offer resolution paths to issues and tasks by diagnosing problems and, in some cases, offering to take action on behalf of sellers. Amazon will continue to enhance the core knowledgebase for Project Amelia and build on its features and capabilities.&nbsp;
"As Amelia evolves, it will provide a more personalized experience and will increasingly gain the ability to not only converse with sellers, but anticipate their needs, take actions, and resolve issues on their behalf," Amazon said in a blog post.&nbsp;
Project Amelia was developed using the Amazon Bedrock managed service for building generative AI applications and is available in beta Thursday to an initial set of U.S. sellers. Project Amelia will progressively roll out to additional U.S. sellers in the coming weeks and will begin a phased rollout in additional countries later this year.&nbsp;
AMZN Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Amazon shares are up 1.5% at $189.24 at the time of publication Thursday.&nbsp;
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Movers

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Amazon Launches AI Assistant Codenamed 'Project Amelia'

STLD

Shares of steel stocks are trading higher amid a rise in the metal's price after the Fed cut rates by 50 basis points at the FOMC yesterday. On September 13, Senator Casey announced that the United States Trade Representative finalized an increase on Section 301 tariffs.

As Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) becomes a key <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40927528/microstrategy-raises-875m-in-convertible-notes-plans-further-bitcoin-purchases">asset for corporate treasuries</a>, public companies are increasingly adopting innovative strategies to maximize their Bitcoin holdings.
What Happened: What began with MicroStrategy's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) decision to include Bitcoin in its corporate treasury has sparked a wave of similar moves by companies like Cathedra Bitcoin (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CBTTF#OTC">CBTTF</a>), Metaplanet and Semler Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>).
The trend is redefining how firms manage their balance sheets and navigate economic uncertainty, <a href="https://www.coindesk.com/business/2024/09/19/maximizing-bitcoin-per-share-a-new-corporate-strategy/?utm_medium=referral&amp;utm_source=rss&amp;utm_campaign=headlines">according</a> to Coindesk.
MicroStrategy, led by Michael Saylor, stands at the forefront of this shift, recently expanding its Bitcoin portfolio to 244,800 coins, valued at nearly $9.45 billion. Saylor's approach, positioning Bitcoin as a hedge against inflation, has sent MicroStrategy's stock soaring—up 295% over the past year. 
The company's continued investments in Bitcoin, including a recent $700 million bond offering to finance more acquisitions, signal a long-term commitment to the cryptocurrency. 
Despite concerns over the stock's mixed technical outlook, Saylor remains bullish, stating that Bitcoin's role in corporate finance will only grow.
MicroStrategy's strategy has paved the way for other companies to follow suit. 
Cathedra Bitcoin, a publicly traded firm on the TSX Venture Exchange, has shifted its focus from Bitcoin mining to managing data centers, aiming to increase its Bitcoin holdings per share. 
As mining becomes more challenging due to Bitcoin halving, Cathedra's new approach allows it to generate sustainable cash flow while continuously acquiring more Bitcoin. 
"Going forward, we will make all capital allocation decisions with the intention of maximizing our shareholders' per-share Bitcoin holdings," the company said in a recent statement.
Metaplanet has taken a similar approach, focusing on growing its Bitcoin reserves month over month. 
The company's strategy has led to a 587% increase in its stock value this year, underscoring the market's positive response to this trend. 
CEO Simon Gerovich emphasized that prioritizing Bitcoin holdings has been a key driver of the company's recent success.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40937057/bitcoin-ethereum-etfs-see-over-50m-net-outflows-despite-feds-50-bps-rate-cut">Bitcoin, Ethereum ETFs See Over $50M Net Outflows Despite Fed&#8217;s 50 Bps Rate Cut</a>
Why It Matters: These moves reflect a broader shift toward using Bitcoin not only as a hedge against inflation but as a strategic asset to enhance shareholder value.
Companies like MicroStrategy and Cathedra are now leading the charge in what has been described as the <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40776328/microstrategys-bitcoin-strategy-has-outperformed-every-s-p-500-company-and-even-nvidia-sin">"maximize Bitcoin per share" strategy</a>.
This approach focuses on increasing Bitcoin reserves over time, leveraging the cryptocurrency's long-term growth potential.
MicroStrategy has further diversified its strategy by offering convertible bonds backed by Bitcoin collateral. 
These financial instruments, which offer a 1% interest rate, have attracted investors seeking lower-risk exposure to Bitcoin. 
"We're capturing a 50% premium or 50% type BTC yield on that up front," Saylor said, explaining how the bonds allow the company to acquire more Bitcoin while minimizing volatility.
The success of MicroStrategy's strategy has been hard to ignore. 
Since the company adopted Bitcoin in 2020, it has outperformed every company in the S&amp;P 500, achieving an average annual return of 44%. 
Saylor highlighted that even Nvidia, the index's top-performing stock, has been outpaced by MicroStrategy's Bitcoin-focused approach.
However, the strategy is not without risks. 
With mixed technical signals, including a bearish Moving Average Convergence Divergence (MACD) and a neutral Relative Strength Index (RSI), MicroStrategy's stock could face near-term volatility. 
The company's long-term success will depend on the broader adoption of Bitcoin and the potential for Bitcoin ETFs, which could bring the cryptocurrency <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40899629/microstrategy-doubles-down-on-bitcoin-can-the-stock-sustain-its-rally">further into the financial mainstream.</a>
As Bitcoin continues to reshape corporate strategies, these developments will be a focal point at Benzinga's <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40927528/microstrategy-raises-875m-in-convertible-notes-plans-further-bitcoin-purchases">MicroStrategy Raises $875M In Convertible Notes, Plans Further Bitcoin Purchases</a></li>
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Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

CBTTF

MSTR

SMLR

MicroStrategy's Bitcoin Playbook Is Becoming A Hit Among Companies, But There's A Catch

JMP Securities analyst Mitch Germain reiterates Whitestone REIT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSR#NYSE">WSR</a>) with a Market Outperform and maintains $15 price target.

JMP Securities Reiterates Market Outperform on Whitestone REIT, Maintains $15 Price Target

JP Morgan analyst Anne Samuel maintains Progyny (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGNY#NASDAQ">PGNY</a>) with a Overweight and lowers the price target from $31 to $22.

PGNY

JP Morgan Maintains Overweight on Progyny, Lowers Price Target to $22

Bank of America Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) shares are trading higher by 2.57% to $40.64 Thursday morning. Major indexes and several <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40937291/bank-stocks-hit-inflection-point-after-feds-50-basis-point-cut-analyst-reveal-top-p">bank stocks</a> are higher after the Federal Reserve cut interest rates by 50 basis points.
Why This Matters: Bank of America, like other large banks, generates a significant portion of its income through its net interest margin, which is the difference between the interest it earns on loans and the interest it pays on deposits. 
While a rate cut might initially lower the income from loans, lower rates can stimulate borrowing, potentially increasing loan demand. BofA could capitalize on this with higher volumes of loans, boosting overall interest income despite the lower rates.
As a major lender, BofA stands to benefit from increased loan origination, particularly in mortgage lending, personal loans and corporate financing. This could improve the company&#8217;s loan portfolio and revenue streams.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40938732/wall-street-ramps-up-interest-rate-cut-bets-after-fed-meeting-the-hard-landing-crow">Wall Street Ramps Up Interest Rate Cut Bets After Fed Meeting: &#8216;The Hard-Landing Crowd Should Disperse,&#8217; Economist Says</a>
What Else: With rate cuts, consumers may also be more inclined to refinance existing debt or take on new debt at favorable rates. BofA could see increased activity in its consumer banking division, including mortgages, auto loans and credit cards. 
Increased consumer spending could also drive higher transaction volumes, which would benefit its wealth management and transaction services divisions. 
Read Also: <a href="https://www.benzinga.com/news/large-cap/24/09/40938804/gamestop-ceo-ryan-cohen-penalized-nearly-1m-over-wells-fargo-share-acquisition">GameStop CEO Ryan Cohen Penalized Nearly $1M Over Wells Fargo Share Acquisition</a>
<h2 class="wp-block-heading">How To Buy BAC Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Bank of America&#8217;s case, it is in the Financials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, BAC has a 52-week high of $44.44 and a 52-week low of $24.96.

What's Going On With Bank Of America (BAC) Shares

JP Morgan analyst John Royall maintains World Kinect (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WKC#NYSE">WKC</a>) with a Neutral and raises the price target from $29 to $32.

JP Morgan Maintains Neutral on World Kinect, Raises Price Target to $32

JMP Securities analyst Patrick Walravens reiterates Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) with a Market Outperform and maintains $315 price target.

WDAY

JMP Securities Reiterates Market Outperform on Workday, Maintains $315 Price Target

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JP Morgan analyst Tami Zakaria maintains Trimble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) with a Neutral and raises the price target from $58 to $66.

TRMB

JP Morgan Maintains Neutral on Trimble, Raises Price Target to $66

JMP Securities analyst Chris Muller reiterates BrightSpire Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRSP#NYSE">BRSP</a>) with a Market Outperform and maintains $7.5 price target.

BRSP

JMP Securities Reiterates Market Outperform on BrightSpire Capital, Maintains $7.5 Price Target

Associated Capital Group Shares Halted On Code News Pending

Associated Capital Group, Inc. ("AC" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AC#NYSE">AC</a>), today announced that its Board of Directors has declared a special cash dividend of $2.00 per share, payable on November 4, 2024, to Class A and Class B shareholders of record as of the close of business on October 21, 2024. The aggregate payment will be approximately $42.4 million, based on shares outstanding of 21.2 million as of the date of this release. &nbsp;
Since its inception as a public company in 2015 and including the current estimated special dividend, AC has returned approximately $81.1 million to shareholders through dividends.

Associated Capital Group Announces Special Dividend Of $2 Per Share, Payable On November 4, 2024, To Class A And Class B Shareholders Of Record As Of The Close Of Business On October 21, 2024

Rezolve AI Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RZLV#NASDAQ">RZLV</a>) shares are trading higher on Thursday after the company commended Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and BlackRock, Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/g40937058/rezolve-ai-welcomes-microsoft-and-blackrocks-30-billion-investment-in-ai-infrastructure-as-a-game-" rel="noreferrer noopener">$30 billion investment in AI infrastructure</a>.
Earlier this week, Microsoft partnered with investment company&nbsp;BlackRock&nbsp;and several other partners on a new&nbsp;$30 billion&nbsp;investment fund to target the growing&nbsp;<a target="_blank" href="https://www.benzinga.com/topic/artificial-intelligence" rel="noreferrer noopener">artificial intelligence sector.</a>
The new investment, which adds to Microsoft&#8217;s&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/23/01/30527688/microsoft-ramps-efforts-to-build-ai-supercomputer-with-chatgpt-ahead-of-q2-earnings" rel="noreferrer noopener">growing bets on the AI space</a>, includes the participation of BlackRock,&nbsp;Global Infrastructure Partners&nbsp;and&nbsp;MGX.
Related: <a target="_blank" href="https://www.benzinga.com//node/40909973" rel="noreferrer noopener">BlackRock, Microsoft, Others Team Up For $30B Artificial Intelligence Fund: Help US Fuel &#8216;AI Innovation And Economic Growth&#8217;</a>
Rezolve AI said it is set to capitalize on the AI infrastructure upgrade, enhancing its proprietary solutions like the Brain Suite, driven by the brainpowa LLM, to advance hyper-personalization in commerce and customer engagement.
The investment by Microsoft and BlackRock underscores AI&#8217;s transformative potential on a large scale, positioning Rezolve AI to lead this evolution in the commerce sector.
Daniel M. Wagner, CEO of Rezolve AI, said, &#8220;The substantial investment by Microsoft and BlackRock into AI infrastructure reflects the accelerating pace of AI adoption across every industry.&#8221;
&#8220;For companies like Rezolve AI, this investment marks a pivotal shift in the landscape, providing the technological foundation that will allow AI innovators to scale more rapidly and deliver increasingly sophisticated solutions.&#8221;
&#8220;As a company committed to revolutionizing commerce through our suite of AI products, including Brain Commerce and Brain Checkout, we view this as a tremendous opportunity to leverage the evolving infrastructure and collaborate with major players in AI.&#8221;
Also, Rezolve AI responded to OpenAI&#8217;s new release, &#8220;Strawberry.&#8221; CEO Daniel M. Wagner emphasized his conviction that the future of AI lies in industry-specific<a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/g40901998/rezolve-ai-joins-openais-latest-release-advocates-for-vertical-market-ai-solutions-in-retail-and-c" rel="noreferrer noopener"> solutions tailored to vertical markets</a>.
Price Action: RZLV shares are up 41.7% at $6.73 at the last check Thursday.
Image via Shutterstock
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Equities

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Rezolve AI Set To Ride The AI Wave - What's Going On?

Update On Mitsubishi UFJ Financial Group Pre-Quarterly Report

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Mitsubishi UFJ Finl Gr (NYSE:<a href="https://investorplace.com/stock-quotes/mufg-stock-quote/">MUFG</a>) just reported results for the first quarter of 2024.<ul><li>Mitsubishi UFJ Finl Gr reported earnings per share of 30 cents. This was above the analyst estimate for EPS of 27 cents.</li><li>The company reported revenue of $22.62 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/mufg-stock-earnings-mitsubishi-ufj-finl-gr-for-q1-of-2024/">MUFG Stock Earnings: Mitsubishi UFJ Finl Gr Beats EPS for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

MUFG Stock Earnings: Mitsubishi UFJ Finl Gr Beats EPS for Q1 2024

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Japan equities look attractive after sell-off and carry trade fears - JPM

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
While interest rates remain high, it offers a good opportunity to investors to consider these <a href="https://investorplace.com/industries/financial/">financial stocks</a> for rising interest rates. An increase in interest rates often results in increased net interest margins for banks and other financial institutions. This is because the difference between the cost of funds and the income from loans is wider.&nbsp;



Although the expectation of future rate cuts in the U.S. has brought some uncertainty, at the moment, the high rates remain stable. So, this is beneficial for financial organizations that work in this field.&nbsp;



Meanwhile, countries such as Japan have decided to <a href="https://www.bbc.com/news/articles/cw4yz4emgwko">controversially raise interest rates</a>, along with Indonesia and several other countries in the Asia-Pacific region. Now might be a good time to consider investing in these financial stocks for rising interest rates to achieve international diversification and also benefit from these tailwinds.



Let&rsquo;s delve into seven stocks that investors should consider adding to their portfolios.



<h2>Sumitomo Mitsui Financial Group (SMFG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/financial-chart-graphic-fintech-1600-300x169.jpg" alt="Graphic of side view of virtual financial charts with tech aesthetic, symbolizing fintech"><div>Source: shutterstock.com/whiteMocca</div></div>Sumitomo Mitsui Financial Group (NYSE:<a href="https://investorplace.com/stock-quotes/smfg-stock-quote/">SMFG</a>) is a good investment candidate, especially when global investors are in search of undervalued <a href="https://investorplace.com/stock-types/dividend-stocks/">dividend stocks</a>, particularly in strong economies.



SMFG has shifted its focus toward strengthening its wealth <a href="https://www.smfg.co.jp/english/investor/financial/latest_statement/2025_3/2025_1q_e01.pdf">management</a> arm, and this is in sync with Japan&rsquo;s population which is rapidly aging. Although SMFG has risen considerably in the recent past, the <a href="https://stockanalysis.com/stocks/smfg/statistics/">price-to-book ratio is currently 0.78</a>, which is unusual for a bank as it should trade near or above its asset value.



Furthermore, with improving profitability metrics such as an ROE target of 9% by fiscal year 2029, SMFG is not just a strong dividend payer but also a solid growth prospect. It pays a strong dividend yield of 2.94%. This has risen steadily over the years, which balances its income and growth potential. I foresee that SMFG will make a strong upside move in the near future as the Nikkei 225 is in a territory of recovery.



<h2>Mitsubishi UFJ Financial Group (MUFG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/mufg-1600-300x169.png" alt="A sign outside of a Mitsubishi UFJ Financial Group (MUFG) Bank shows the company's logo."><div>Source: Ned Snowman / Shutterstock.com</div></div>Mitsubishi UFJ Financial Group (NYSE:<a href="https://investorplace.com/stock-quotes/mufg-stock-quote/">MUFG</a>) is another one of those financial stocks for rising interest rates. Being the biggest financial group in Japan, MUFG is a leader in the domestic market, thanks to the well-developed network of branches and ATMs.



Furthermore, MUFG has an international operation that spans across Asia, which gives it <a href="https://www.mufg.jp/dam/ir/presentation/2024/pdf/slides240710_en.pdf">other sources of income</a> aside from the Japanese market. The company&rsquo;s robust balance sheet, which outstrips many Western banking giants, is another reason for investors to consider MUFG. It is the largest non-Chinese bank group globally, accounting for 8.1% of all of Japan&rsquo;s loans.



Thus, MUFG may be one of the strongest beneficiaries of rising interest rates in Japan, as this would naturally attract even more deposits. Analysts project revenue growth of 14.08% over the next 5 years. I don&rsquo;t think this is fully reflected in its stock price at the time of writing, especially considering the sell-off in the Nikkei.&nbsp;



<h2>Morgan Stanley (MS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/07/ms_morgan_stanley_1600-300x169.jpg" alt="The logo for Morgan Stanley is displayed on the side of a building."><div>Source: Ken Wolter / Shutterstock.com</div></div>Morgan Stanley (NYSE:<a href="https://investorplace.com/stock-quotes/ms-stock-quote/">MS</a>) has <a href="https://www.morganstanley.com/content/dam/msdotcom/en/about-us-ir/shareholder/2q2024.pdf">continued to cement its position</a> as a leading firm in the financial services sector after releasing its second-quarter 2024 financial report. The firm achieved net revenues of $15 billion, which is a substantial increase year-over-year.&nbsp;



One point from MS stock&rsquo;s quarterly report caught my eye. It read &ldquo;Net interest income decreased from a year ago on lower average sweep deposits reflecting the cumulative effect of cash redeployments by clients in a higher interest rate environment.&rdquo;



My view is that as interest rates fall, clients will return to keeping their accounts funded in their sweep accounts, which could lead to more stable deposit levels and higher margins. The other argument is that lower interest rates increase the demand for loans, which can improve MS stock&rsquo;s profitability in the future. These catalysts can apply to other stocks as well on this list. But with MS stock&rsquo;s relatively smaller deposit base, it could have an outsized impact on its profitability margins.



<h2>U.S. Bancorp (USB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/07/usb_us_bancorp_1600-300x169.jpg" alt="The logo for U.S. Bancorp's U.S. Bank is displayed on the side of a building."><div>Source: Michael Vi / Shutterstock.com</div></div>Buying shares of U.S. Bancorp (NYSE:<a href="https://investorplace.com/stock-quotes/usb-stock-quote/">USB</a>) may be a profitable move for investors seeking financial stocks for rising interest rates. This is from taking into account the <a href="https://www.investopedia.com/u-s-bancorp-stock-pops-on-q2-earnings-beat-8679413">company&rsquo;s solid results</a> of the second quarter of the year when it outperformed market expectations. USB reported an EPS of 97 cents which surpassed analyst consensus estimates of 94 cents per share. Revenue and its interest rate margin also beat expectations, at $6.87 billion and $4.02 billion, respectively.



There are some fears of a possible recession in the U.S., which have been kicked around by analysts and financial commentators over the past three years. As such, stocks such as USB have seen a drop in their stock prices, with it falling 2.29% over the past five years. Still, there <a href="https://www.cbsnews.com/news/economy-sahm-rule-is-the-us-at-risk-for-recession/">needs to be much more credible evidence</a> to suggest that a recession is coming, or even likely. But my view is that the interest rate environment has substantially increased these risks.



<h2>Charles Schwab (SCHW)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/schwab1600-300x169.jpg" alt="charles schwab sign outside of a building. SCHD stock"><div>Source: Isabelle OHara / Shutterstock.com</div></div>Charles Schwab (NYSE:<a href="https://investorplace.com/stock-quotes/schw-stock-quote/">SCHW</a>) is a great pick for investors seeking financial stocks for rising interest rates. This is due to the company&rsquo;s excellent financials and a well-placed business in the financial services sector. SCHW posted <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2024/Schwab-Reports-Second-Quarter-Results/default.aspx">record client assets of $9.4 trillion</a> in Q2 FY24. Its AUM grew by 17% YOY to $4 trillion, boosted by equity market appreciation and healthy net new money inflows stemming from organic growth.



The bank also said it had a 17 percent increase in core net new assets which now stand at $61.2 billion. So, I think SCHW is well positioned to continue earnings from its client accounts and deposits even in a falling interest rate environment. Banks like SCHW may also benefit from rising stock prices as investors pivot to risk assets in search of yield, primarily through its brokerage fees.



<h2>Bank of America (BAC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/bac1600b-300x169.jpg" alt="Bank of America Stock and the Buffett Effect"><div>Source: Jonathan Weiss / Shutterstock.com</div></div>As one of America&rsquo;s largest banks, Bank of America (NYSE:<a href="https://investorplace.com/stock-quotes/bac-stock-quote/">BAC</a>) should definitely be on one&rsquo;s watch list, even if interest rates fall. Nonetheless, BAC has turned out to be very influential in the face of increasing interest rates due to its high net interest income.



In Q2 FY24, BAC <a href="https://www.cnbc.com/2024/07/16/bank-of-america-bac-earnings-q2-2024.html">reported</a> $13.9 billion in NII, which I feel is the result of the bank&rsquo;s proficiency in managing its large floating-rate pool of assets. BAC&rsquo;s&nbsp; NII is expected to rise by $600 million by the end of the year, even despite the projected rate cuts in September.



This means that BAC could be one of those financial stocks for rising interest rates, especially <a href="https://www.investopedia.com/federal-reserve-meeting-july-2024-8686785">if the Fed decides to hold rates steady</a>. This is a dissenting, but still probable cause of action, given that inflation concerns still exist across various sectors in the U.S. economy. BAC will do well in either scenario.



<h2>JPMorgan (JPM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/jpmorgan-jpm-1600-300x169.jpg" alt="Chase Bank logo and storefront"><div>Source: Daryl L / Shutterstock.com</div></div>JPMorgan, (NYSE:<a href="https://investorplace.com/stock-quotes/jpm-stock-quote/">JPM</a>) a bank with the highest deposit base in the U.S., presents a great opportunity for investors. The bank&rsquo;s Q2 FY24 earnings report painted a picture of a bank with <a href="https://www.cnbc.com/2024/07/12/jpmorgan-chase-jpm-earnings-q2-2024.html#:~:text=The%20bank%20said%20earnings%20jumped,profit%20was%20%244.26%20per%20share.">solid core earnings</a>, as its adjusted revenue increased by 7.8% YOY. JPM&rsquo;s return on tangible common equity (ROTCE) continues to be industry-leading, consistently delivering returns in the low 20% range.



The main reason I&rsquo;m bullish on JPM is that analysts have solid future forecasts for it. Namely, its <a href="https://stockanalysis.com/stocks/jpm/forecast/">EPS is expected to reach $14.68</a> by 2027, which will see it be up significantly from today&rsquo;s level.



The company might be fairly valued now, but the quality of its loan book and balance sheet gives it a strong edge in the event of a recession. So, I rate JPM stock a buy for investors who have less risk tolerance in the markets.



On the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Matthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/08/7-financial-stocks-that-could-benefit-from-rising-interest-rates/">7 Financial Stocks That Could Benefit from Rising Interest Rates</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 Financial Stocks That Could Benefit from Rising Interest Rates

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