Sumitomo Mitsui Financial Group, Inc. (TYO: 8316)
Japan
· Delayed Price · Currency is JPY | Market Cap | 14.09T |
| Revenue (ttm) | 4.16T |
| Net Income (ttm) | 1.07T |
| Shares Out | 3.91B |
| EPS (ttm) | 271.52 |
| PE Ratio | 13.25 |
| Forward PE | 13.52 |
| Dividend | 120.00 (3.32%) |
| Ex-Dividend Date | Mar 28, 2025 |
| Volume | 2,451,100 |
| Open | 3,615.00 |
| Previous Close | 3,615.00 |
| Day's Range | 3,603.00 - 3,644.00 |
| 52-Week Range | 2,176.67 - 3,783.33 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 14, 2024 |
About Sumitomo Mitsui Financial Group
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]
Financial Performance
In 2023, Sumitomo Mitsui Financial Group'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 StatementsNews
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.
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...
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)
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.
Warning: SMFG is at high risk of performing badly
Warning: SMFG is at high risk of cutting its dividend
Sumitomo Mitsui Financial Group's Strategic Acquisition in Jefferies Financial Group
Sumitomo Mitsui Financial Group's Strategic Acquisition in Jefferies Financial Group
Japanese Megabank SMFG Got Thrown Out With the Bath Water
Japanese banks—and SMFG in particular—look attractive after Japan’s stock-market meltdown.
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...
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...
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...
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...
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.
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,...
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...
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...
Top four dividend stocks to watch now in March 2024
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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....
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.
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.
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...
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...
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...
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...
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...