Mitsubishi UFJ Financial (MUFG) reported fiscal 2026 earnings Friday of 212.34 Japanese yen ($1.34) per diluted share, up from 159.48 yen a year earlier.

Three analysts surveyed by FactSet expected 193.89 yen.

Ordinary income for the fiscal year ended March 31 was 14.621 trillion yen, up from 13.630 trillion yen a year earlier.

Analysts surveyed by FactSet expected 5.78 trillion yen.

The company raised its profit target for the fiscal year ending March 31, 2027, to 2.7 trillion yen from 2.1 trillion yen previously. Analysts surveyed by FactSet expected 6.34 trillion yen.

Shares of Mitsubishi UFJ rose more than 1% in recent premarket activity Friday.