Sumitomo Mitsui Financial Group, Inc. (SMFG)
| Market Cap | 73.93B |
| Revenue (ttm) | 28.63B |
| Net Income (ttm) | 6.89B |
| Shares Out | 6.62B |
| EPS (ttm) | 0.86 |
| PE Ratio | 14.05 |
| Forward PE | 11.06 |
| Dividend | $0.35 (3.18%) |
| Ex-Dividend Date | Sep 28, 2023 |
| Volume | 1,272,703 |
| Open | 11.24 |
| Previous Close | 11.52 |
| Day's Range | 11.15 - 11.24 |
| 52-Week Range | 7.79 - 12.46 |
| Beta | 0.64 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 13, 2024 |
About SMFG
Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides banking, leasing, securities, credit card, and consumer finance 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 company was incorporated in 2002 and is headquartered in Tokyo, Japan. [Read more]
Financial Performance
In 2022, SMFG's revenue was 3.79 trillion, an increase of 20.82% compared to the previous year's 3.14 trillion. Earnings were 911.83 billion, an increase of 82.52%.
Financial numbers in JPY Financial StatementsNews
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...
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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 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...
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...
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...
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."
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
SMBC Continues Growth With New Human Resources, Strategy & Transformation Appointments
NEW YORK--(BUSINESS WIRE)--SMBC Continues Growth With New Human Resources, Strategy & Transformation Appointments
SMBC Appoints Rick Davison as Chief Financial Officer
NEW YORK--(BUSINESS WIRE)--SMBC Appoints Rick Davison as Chief Financial Officer
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
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
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
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.
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
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
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
SMBC Hires Mark Corteil as Chief Credit Risk Officer
NEW YORK--(BUSINESS WIRE)--SMBC Hires Mark Corteil as Chief Credit Risk Officer
Japan's Sumitomo Mitsui Financial posts 24.2% jump in Q1 net profit
Sumitomo Mitsui Financial Group Inc, Japan's second-largest bank, reported on Friday a 24.2% increase in first-quarter net profit as improved economic conditions helped boost its main lending business...
Marathon Capital and Sumitomo Mitsui Banking Corporation Form Strategic Partnership
Partnership to expand the reach and service offerings of both Marathon Capital and SMBC, providing clients comprehensive strategic and financial support necessary to facilitate their global energy tra...
Citi, Bank of America among 12 banks to provide financing for JFK Terminal One construction
A total of 12 banks including U.S. lenders Bank of America Corp. BAC, -3.88% and Citigroup Inc. C, -4.52% have teamed up to provide financing to build the new $9.5 billion, 2.4 million square foot Ter...