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MUFG (Mitsubishi UFJ Financial Group) Allowance For Loans And Lease Losses : $-10,038 Mil (As of Sep. 2024)


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What is Mitsubishi UFJ Financial Group Allowance For Loans And Lease Losses?

Mitsubishi UFJ Financial Group's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2024 was $-10,038 Mil.

Mitsubishi UFJ Financial Group's quarterly Allowance For Loans And Lease Losses increased from Mar. 2024 ($-10,247 Mil) to Jun. 2024 ($-10,030 Mil) but then declined from Jun. 2024 ($-10,030 Mil) to Sep. 2024 ($-10,038 Mil).

Mitsubishi UFJ Financial Group's annual Allowance For Loans And Lease Losses increased from Mar. 2022 ($-10,307 Mil) to Mar. 2023 ($-9,320 Mil) but then declined from Mar. 2023 ($-9,320 Mil) to Mar. 2024 ($-10,247 Mil).

Mitsubishi UFJ Financial Group Allowance For Loans And Lease Losses Historical Data

The historical data trend for Mitsubishi UFJ Financial Group's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mitsubishi UFJ Financial Group Allowance For Loans And Lease Losses Chart

Mitsubishi UFJ Financial Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,878.98 -10,170.66 -10,306.87 -9,319.82 -10,247.41

Mitsubishi UFJ Financial Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9,350.37 -9,714.13 -10,247.41 -10,029.67 -10,038.01

Mitsubishi UFJ Financial Group Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Mitsubishi UFJ Financial Group Allowance For Loans And Lease Losses Related Terms

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Mitsubishi UFJ Financial Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) » Definitions » Allowance For Loans And Lease Losses
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Traded in Other Exchanges
MBFJF:USA 8306:Japan 8306:Japan MFZA:Germany MFZ:Germany MFZA:Germany MFZ:Germany M1UF34:Brazil MFZ:Bulgaria MTU:Argentina
Address
4-5, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8330
Website
https://www.mufg.jp
Mitsubishi UFJ Financial Group is the largest bank in Japan in terms of market capitalization and assets, with an 8.0% share of all domestic loans as of March 2024. 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.