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MUFG's profits jumped 26.1% in the first half of the year, so it raised its annual earnings forecast.

ResultsRead the original at fidelity.com
Good for MUFG

MUFG’s ordinary income rose 16% and parent profit rose 26%, and it raised its annual forecast. Growth in core banking supports a stronger business outlook, with no major setback reported.

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AI read · Good for MUFG

The AI's read

The company links the gains to growth in core banking, its main business. Its higher full-year forecast adds support. The report names no major setback.

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