Sumitomo Mitsui Financial Group, Inc. (SMFNF)

OTCMKTS · Delayed Price · Currency is USD
24.07
+1.41 (6.22%)
Nov 20, 2024, 4:00 PM EST
48.49%
Market Cap 90.69B
Revenue (ttm) 29.02B
Net Income (ttm) 7.48B
Shares Out n/a
EPS (ttm) 1.90
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 100
Open 24.07
Previous Close 22.66
Day's Range 24.07 - 24.07
52-Week Range 14.93 - 24.28
Beta 0.60
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2024

About SMFNF

Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit segments. The Wholesale Business Unit segment offers bilateral loans, syndicated loans, commitment lines, structured finance, project finance, and nonrecourse loans; deposits and investment trusts; risk hedging se... [Read more]

Sector Financials
Founded 2002
Employees 120,000
Stock Exchange OTCMKTS
Ticker Symbol SMFNF
Full Company Profile

Financial Performance

In 2023, SMFNF's revenue was 3.55 trillion, a decrease of -0.37% compared to the previous year's 3.57 trillion. Earnings were 873.35 billion, a decrease of -4.22%.

Financial numbers in JPY Financial Statements

News

SMBC MANUBANK Announces Multiple Key Hires Across Credit, Accounting, and Technology Functions to Support Growth

LOS ANGELES--(BUSINESS WIRE)--Bank welcomes Michael Trivich, MD, Chief Credit Officer; Monica Sparks, ED, Chief Accounting Officer; & Jeff Jones, MD, Chief Information Officer.

2 days ago - Business Wire

Earnings Scheduled For November 14, 2024

Companies Reporting Before The Bell • Brookfield (NYSE: BN) is projected to report quarterly earnings at $0.82 per share on revenue of $1.27 billion. • Walt Disney (NYSE: DIS) is projected to report...

7 days ago - Benzinga

PIF signs MoU with five leading Japanese financial institutions

These MoUs were signed with Mizuho Bank, Sumitomo Mitsui Financial Group, MUFG Bank, Japan Bank for International Cooperation (JBIC), and Nippon Export and Investment Insurance (NEXI)

20 days ago - Zawya

Sumitomo Mitsui: Many Ways To Win

Sumitomo Mitsui offers an attractive macro/micro setup into earnings next month. Learn why SMFG stock is a Buy.

4 weeks ago - Seeking Alpha

Sumitomo Mitsui Financial Group's Strategic Acquisition in Jefferies Financial Group

Sumitomo Mitsui Financial Group's Strategic Acquisition in Jefferies Financial Group

2 months ago - GuruFocus

Japanese Megabank SMFG Got Thrown Out With the Bath Water

Japanese banks—and SMFG in particular—look attractive after Japan’s stock-market meltdown.

3 months ago - The Wall Street Journal

Jefferies Announces that Toru Nakashima, President and Group CEO of SMFG, Has Been Appointed to the Jefferies Board of Directors

NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) today announced the appointment of the Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”) President and Gr...

3 months ago - Business Wire

Sumitomo Mitsui: Spotlight On Above-Expectation Earnings And Positive ROE Outlook

SMFG's Q1 EPS rose by +52.5% YoY as a result of higher net interest income and a lower credit cost. The favorable updates for Sumitomo Mitsui's net interest income guidance and cross-shareholdings red...

3 months ago - Seeking Alpha

SMBC Hires Brian Reed to Lead Industrials Group as Americas Expansion Continues

NEW YORK--(BUSINESS WIRE)--The Sumitomo Mitsui Banking Corporation (SMBC) Americas Division today announced that Brian Reed has joined the bank to lead the Industrials Group as SMBC's expansion contin...

5 months ago - Business Wire

Jenius Bank Report Shows the Impact of Finances on Mental Health

LOS ANGELES--(BUSINESS WIRE)--Jenius Bank, the digital banking division of SMBC MANUBANK and a member of the SMBC Group, today unveiled the findings of its new survey, The Mind-Money Connection: How M...

5 months ago - Business Wire

Jenius Bank Surpasses $1 Billion in Deposits

LOS ANGELES--(BUSINESS WIRE)--Jenius Bank™ hit a milestone last week, reaching $1 billion in deposits for its high-yield savings product.

6 months ago - Business Wire

Sumitomo Mitsui: Multiple Positives

Sumitomo Mitsui's latest fiscal year net income and its forward-looking earnings guidance were both better than what the analysts had expected. SMFG has the potential to command a higher P/B multiple,...

6 months ago - Seeking Alpha

Jefferies and Japan's Sumitomo expand alliance into Canada

Jefferies Financial will strengthen its presence in Canada through an expanded partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC), as it looks to tap into the dealmaking market in the countr...

8 months ago - Reuters

Jefferies and SMBC Expand Strategic Alliance to Canada

NEW YORK & TORONTO--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF) (“Jefferies”) and SMBC Group announced today that they have expanded their global strategic alliance to enhance collabor...

8 months ago - Business Wire

Top four dividend stocks to watch now in March 2024

Investing in known dividend stocks means potentially reaping a generous passive income in dividends regularly. What are dividend stocks?

9 months ago - Invezz

Sumitomo Mitsui Financial: A Bright Future Ahead (Rating Upgrade)

Japan's asset management industry has favorable growth prospects, and this puts a leading financial services player like Sumitomo Mitsui Financial in a good position to increase its future fee income....

9 months ago - Seeking Alpha

Japan's SMBC hires former Credit Suisse China boss Stoehr

Japan's Sumitomo Mitsui Banking Corp (SMBC) said on Tuesday it has hired former Credit Suisse China boss Carsten Stoehr as its deputy head for the Asia Pacific region.

10 months ago - Reuters

Goldman Sachs says it's bullish on Japan's online banks

Makoto Kuroda of Goldman Sachs names Rakuten and SSNB as banks it's positive on.

10 months ago - CNBC International TV

Jefferies and SMBC Expand and Strengthen Strategic Alliance, Broadening Joint Business Efforts Across EMEA

NEW YORK & LONDON--(BUSINESS WIRE)--Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMB...

11 months ago - Business Wire

Sumitomo Mitsui Financial Group: Potential Diversification Play Is Not Attractive Enough

Sumitomo Mitsui Financial Group, a Japanese bank with over $2 trillion in assets, offers potential diversification due to its high exposure to Japan, but its lower than average dividend yield and fair...

1 year ago - Seeking Alpha

Sumitomo Mitsui Financial Group Aims For Streamlined Growth And Remains Undervalued

Sumitomo Mitsui Financial Group has reported a 39.51% YoY increase in Q1 revenues, reaching $13.66bn, despite a 57.25% decline in net income. The bank's strategy focuses on becoming a leaner, streamli...

1 year ago - Seeking Alpha

Sumitomo to boost its ownership stake in investment bank Jefferies to 15% from 4.5%

Sumitomo Mitsui Financial Group Inc. SMFG said Thursday it will increase its ownership stake in investment bank Jefferies Financial Group Inc. JEF to 15% from 4.5% as part of a planned expansion of th...

1 year ago - Market Watch

Jefferies and SMBC Expand and Strengthen Strategic Alliance, Broadening Joint Business Efforts and Increasing SMBC's Equity Ownership in Jefferies

NEW YORK & TOKYO--(BUSINESS WIRE)--Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMBC...

1 year ago - Business Wire