Sumitomo Mitsui Financial Group, Inc. (TYO:8316)
Market Cap | 15.05T |
Revenue (ttm) | 4.24T |
Net Income (ttm) | 1.22T |
Shares Out | 3.87B |
EPS (ttm) | 309.81 |
PE Ratio | 12.54 |
Forward PE | 13.44 |
Dividend | 120.00 (3.09%) |
Ex-Dividend Date | Mar 28, 2025 |
Volume | 11,493,600 |
Average Volume | 15,801,350 |
Open | 3,890.00 |
Previous Close | 3,917.00 |
Day's Range | 3,858.00 - 3,906.00 |
52-Week Range | 2,593.67 - 4,022.00 |
Beta | 0.54 |
RSI | 55.83 |
Earnings Date | Jan 30, 2025 |
About TYO:8316
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, TYO:8316'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
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Applied Digital Closes $375 Million Financing with SMBC to Support Ellendale HPC Campus
Sumitomo Mitsui Banking Corporation (“SMBC”) leads a $375 million financing for the Company's Ellendale High Performance Computing (“HPC”) data center campus (the “Ellendale HPC Campus”) Provides furt...
Sumitomo Mitsui Financial Group Inc (SMFG) Celebrates Leadership Recognition in Finance
Sumitomo Mitsui Financial Group Inc (SMFG) Celebrates Leadership Recognition in Finance
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Sumitomo Mitsui: Margin Improvement And Portfolio Restructuring Efforts Are Key Merits
Discover why Sumitomo Mitsui Financial is poised for growth with improving NIM, a 10% profit boost by FY26, and enhanced ROE through portfolio optimization.
Matthews Japan Fund's Strategic Moves: Sumitomo Mitsui Financial Group Inc Takes Center Stage
Matthews Japan Fund's Strategic Moves: Sumitomo Mitsui Financial Group Inc Takes Center Stage
Japan's SMFG expects more than $7.65bln net profit in FY 2025
SMFG has seen gross profit grow across all its business segments
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Sumitomo Mitsui Eyes Deepening Jefferies Tieup in Global Push
Sumitomo Mitsui Financial Group Inc. is looking to expand its alliance with Jefferies Financial Group Inc., possibly working together in new areas such as equity trading to build up its global busines...
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Japanese Banks Post Efficiency Gains As Interest Rate Hikes Boost Profits
Major Japanese banks logged gains in efficiency measured by their cost-to-income ratios over the 12 months ended Sept. 30, helped by improved profits.
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DBS, Japan’s Top Lenders Said to Be Among Bidders for Panin Bank
Asian banks including DBS Group Holdings Ltd., Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. are among potential suitors for PT Bank Pan Indonesia, according to people f...
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Japan's Megabanks Are Flush With Cash and Hunting Overseas Deals
MUFG, SMFG and Mizuho Focus on Expansion in India, US
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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.
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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)
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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.
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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...
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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...
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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...
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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...
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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.
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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,...
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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...
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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...