Sumitomo Mitsui Financial Group, Inc. (SMFNF)

SMFNF Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest Income on Loans	4,568,024	5,944,398	3,696,076	1,747,654	1,780,370
Interest Income on Investments	2,360,549	-	-	-	-
Total Interest Income	6,928,573	5,944,398	3,696,076	1,747,654	1,780,370
Interest Paid on Deposits	2,230,300	4,053,635	1,941,006	303,716	397,245
Interest Paid on Borrowings	2,360,053	-	-	-	-
Total Interest Expense	4,590,353	4,053,635	1,941,006	303,716	397,245
Net Interest Income	2,338,220	1,890,763	1,755,070	1,443,938	1,383,125
Net Interest Income Growth (YoY)	23.66%	7.73%	21.55%	4.40%	5.08%
Trust Income	9,733	-	-	-	-
Income From Trading Activities	383,566	349,520	626,043	280,339	237,746
Gain (Loss) on Sale of Assets	-11,753	-93,642	-14,479	-2,420	-137
Gain (Loss) on Sale of Investments	-	146,022	50,615	130,302	357,116
Gain (Loss) on Sale of Equity Investments	-5,504	-	-	-	-
Other Non-Interest Income	2,673,194	1,467,272	1,299,161	1,238,684	1,170,388
Total Non-Interest Income	3,049,236	1,869,172	1,961,340	1,646,905	1,765,113
Non-Interest Income Growth (YoY)	63.13%	-4.70%	19.09%	-6.70%	48.48%
Revenues Before Loan Losses	5,387,456	3,759,935	3,716,410	3,090,843	3,148,238
Provision for Loan Losses	167,639	205,096	148,464	279,978	282,486
Revenue	5,219,817	3,554,839	3,567,946	2,810,865	2,865,752
Revenue Growth (YoY)	46.84%	-0.37%	26.93%	-1.92%	27.64%
Salaries and Employee Benefits	-	1,081	1,438	457	383
Selling, General & Administrative	2,401,955	2,158,230	1,910,240	1,739,700	1,618,403
Other Non-Interest Expense	1,110,135	334,133	314,684	281,789	273,461
Total Non-Interest Expense	3,512,090	2,333,074	2,138,934	2,032,784	1,855,874
EBT Excluding Unusual Items	1,707,727	1,221,765	1,429,012	778,081	1,009,878
Asset Writedown	-7,052	-13,816	-40,985	-99,524	-11,407
Other Unusual Items	-733	-160	-	-	405
Pretax Income	1,699,942	1,207,789	1,261,876	676,464	956,478
Income Tax Expense	513,065	312,039	326,027	161,389	251,402
Earnings From Continuing Operations	1,186,877	895,750	935,849	515,075	705,076
Minority Interest in Earnings	-8,881	-8,641	-12,708	-4,771	-4,471
Net Income	1,177,996	887,109	923,141	510,304	700,605
Preferred Dividends & Other Adjustments	-	13,763	11,310	10,731	13,122
Net Income to Common	1,177,996	873,346	911,831	499,573	687,483
Net Income Growth	32.79%	-3.90%	80.90%	-27.16%	229.83%
Basic Shares Outstanding	3,906	3,987	4,094	4,112	4,111
Diluted Shares Outstanding	3,907	3,988	4,096	4,114	4,113
Shares Change (YoY)	-2.03%	-2.62%	-0.44%	0.03%	-0.37%
EPS (Basic)	301.55	219.04	222.71	121.49	167.24
EPS (Diluted)	301.48	218.98	222.63	121.44	167.16
EPS Growth	37.67%	-1.64%	83.33%	-27.35%	244.92%
Dividend Per Share	122.000	90.000	80.000	70.000	63.333
Dividend Growth	35.56%	12.50%	14.29%	10.53%	-
Effective Tax Rate	30.18%	25.84%	25.84%	23.86%	26.28%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.