Sumitomo Mitsui Financial Group, Inc. (SMFG)

NYSE: SMFG · IEX Real-Time Price · USD
13.69
+0.24 (1.78%)
At close: Jul 2, 2024, 4:00 PM
13.99
+0.30 (2.19%)
After-hours: Jul 2, 2024, 7:51 PM EDT
1.78%
Market Cap 88.56B
Revenue (ttm) 26.08B
Net Income (ttm) 5.77B
Shares Out 6.47B
EPS (ttm) 0.81
PE Ratio 15.13
Forward PE 11.06
Dividend $0.35 (2.55%)
Ex-Dividend Date Mar 27, 2024
Volume 594,609
Open 13.87
Previous Close 13.45
Day's Range 13.58 - 13.87
52-Week Range 8.55 - 13.87
Beta 0.64
Analysts n/a
Price Target n/a
Earnings Date Jul 29, 2024

About SMFG

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
IPO Date May 1, 1949
Employees 115,800
Stock Exchange NYSE
Ticker Symbol SMFG
Full Company Profile

Financial Performance

In 2023, SMFG's revenue was 3.95 trillion, an increase of 4.18% compared to the previous year's 3.79 trillion. Earnings were 873.35 billion, a decrease of -4.22%.

Financial numbers in JPY Financial Statements

News

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...

6 days 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...

8 days 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.

5 weeks ago - Business Wire

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...

Other symbols: JEF
3 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...

Other symbols: JEF
3 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?

Other symbols: JNJWFCXOM
4 months ago - Invezz

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.

5 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.

Other symbols: MFGMUFG
5 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...

Other symbols: JEF
6 months ago - Business Wire

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...

Other symbols: JEF
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...

Other symbols: JEF
1 year ago - Business Wire

SMBC to triple stake in Jefferies, report says

Sumitomo Mitsui Banking Corporation JP:8316 is planning to triple its stake in US investment bank Jefferies Financial Group JEF, the Financial Times reported, citing people familiar with the matter. S...

1 year ago - Market Watch

SMBC Nikko Securities America, Inc. Expands Equity Execution Services Group With Several New Hires

NEW YORK--(BUSINESS WIRE)--SMBC Nikko Securities America, Inc., a member of SMBC Group, has announced a number of significant hires across the equity execution business over the past few months. The...

1 year ago - Business Wire

Financial services firm names stock picks in Japan's banking, insurance sectors

Jesper Koll of Monex Group says that when it comes to mega banks, there are "only minute differences in the overall strategy."

Other symbols: MFGMUFGTKOMY
1 year ago - CNBC International TV

SMBC Nikko Securities America, Inc. Appoints Raffi Dawson as Managing Director, Head of Structured Finance Group

NEW YORK--(BUSINESS WIRE)--SMBC Nikko Securities America, Inc. Appoints Raffi Dawson as Managing Director, Head of Structured Finance Group

1 year ago - Business Wire

SMBC Continues Growth With New Human Resources, Strategy & Transformation Appointments

NEW YORK--(BUSINESS WIRE)--SMBC Continues Growth With New Human Resources, Strategy & Transformation Appointments

1 year ago - Business Wire

SMBC Appoints Rick Davison as Chief Financial Officer

NEW YORK--(BUSINESS WIRE)--SMBC Appoints Rick Davison as Chief Financial Officer

1 year ago - Business Wire

SMBC Leads and Closes a $1.28 Billion Data Center Project Financing for QTS Realty Trust

NEW YORK--(BUSINESS WIRE)--SMBC Leads and Closes a $1.28 Billion Data Center Project Financing for QTS Realty Trust

1 year ago - Business Wire

SMBC Nikko Securities America Appoints Joseph A. LaVorgna as New Chief Economist

NEW YORK--(BUSINESS WIRE)--SMBC Nikko Securities America Appoints Joseph A. LaVorgna as New Chief Economist

1 year ago - Business Wire

SMBC Nikko Securities America, Inc. Debt Capital Markets Team Hires Senior Level Bankers; Amanda Boggs and Kashif M. Malik Join as Managing Directors

NEW YORK--(BUSINESS WIRE)--SMBC Nikko Securities America, Inc. Debt Capital Markets Team Hires Senior Level Bankers

1 year ago - Business Wire

SMBC Group to Launch Jenius Bank™, a New Digital Consumer Banking Business in the U.S.

TOKYO--(BUSINESS WIRE)--SMBC Group to Launch Jenius BankTM, a New Digital Consumer Banking Business in the U.S.

2 years ago - Business Wire

SMBC Latin America Closes Landmark Renewables Transaction With $710 Million Bond Issuance, One of the Largest Private Placement in Region's Recent History

NEW YORK--(BUSINESS WIRE)--SMBC Latin America Closes Landmark Renewables Transaction With $710 Million Bond Issuance

2 years ago - Business Wire

SMBC Further Strengthens Real Estate, Gaming & Leisure Banking Practice with Two New Senior Hires

NEW YORK--(BUSINESS WIRE)--SMBC Further Strengthens Real Estate, Gaming & Leisure Banking Practice with Two New Senior Hires

2 years ago - Business Wire

SMBC Nikko Securities America, Inc. Further Strengthens its Debt Capital Markets Team; Hires Tom Bausano as Managing Director and Co-Head

NEW YORK--(BUSINESS WIRE)--SMBC Nikko Securities America, Inc. Further Strengthens its Debt Capital Markets Team; Hires Tom Bausano as Managing Director and Co-Head

2 years ago - Business Wire

SMBC Hires Mark Corteil as Chief Credit Risk Officer

NEW YORK--(BUSINESS WIRE)--SMBC Hires Mark Corteil as Chief Credit Risk Officer

2 years ago - Business Wire