Sumitomo Mitsui Financial Group, Inc. (SMFG)

NYSE: SMFG · IEX Real-Time Price · USD
6.18
0.02 (0.32%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap42.46B
Revenue (ttm)29.07B
Net Income (ttm)6.31B
Shares Out6.87B
EPS (ttm)0.81
PE Ratio7.67
Forward PE7.30
Dividendn/a
Ex-Dividend Daten/a
Volume2,112,058
Open6.14
Previous Close6.16
Day's Range6.12 - 6.19
52-Week Range5.79 - 7.74
Beta0.92
AnalystsBuy
Price Target7.75 (+25.4%)
Earnings DateMay 13, 2022

About SMFG

Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through four segments: Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit. The Wholesale Business Unit segment offers financing, investment management, risk hedging, and settlement services, as well as financial solutions related to mergers and acquisition, and...

IndustryBanks
IPO DateMay 1, 1949
CEOJun Ohta
Employees86,800
Stock ExchangeNYSE
Ticker SymbolSMFG
Full Company Profile

Financial Performance

In 2020, SMFG's revenue was 3.17 trillion, an increase of 17.08% compared to the previous year's 2.70 trillion. Earnings were 687.48 billion, an increase of 243.65%.

Financial numbers in millions JPYFinancial Statements

Analyst Forecast

According to 19 analysts, the average rating for SMFG stock is "Buy." The 12-month stock price forecast is 7.75, which is an increase of 25.40% from the latest price.

Price Target
$7.75
(25.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SMBC Appoints Debbie Freer Chief Operating Officer

NEW YORK--(BUSINESS WIRE)--SMBC Appoints Debbie Freer Chief Operating Officer

3 weeks ago - Business Wire

SMBC Welcomes Hirofumi Otsuka as New Chief Executive Officer of SMBC Americas Division and President and CEO of SMBC ...

NEW YORK--(BUSINESS WIRE)--SMBC Welcomes Hirofumi Otsuka as New Chief Executive Officer of SMBC Americas Division and President and CEO of SMBC Americas Holdings

1 month ago - Business Wire

Japan's SMFG, Tepco, Mitsubishi face activist climate votes at AGMs

Big Japanese firms including Sumitomo Mitsui Financial Group, Tokyo Electric Power (Tepco) and Mitsubishi Corp will face resolutions from activist shareholders urging greater commitment to tackling clim...

Other symbols:MSBHF
1 month ago - Reuters

SMFG vs. HDB: Which Stock Should Value Investors Buy Now?

SMFG vs. HDB: Which Stock Is the Better Value Option?

Other symbols:HDB
2 months ago - Zacks Investment Research

Here's Why "Trend" Investors Would Love Betting on Sumitomo Mitsui (SMFG)

Sumitomo Mitsui (SMFG) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it throug...

3 months ago - Zacks Investment Research

Japan's SMFG reports 44% rise in 9-month profit

Sumitomo Mitsui Financial Group Inc (SMFG), Japan's second-largest lender by assets, reported on Wednesday a net profit of 624.8 billion yen ($5.45 billion) in the nine months through December, up 44% f...

3 months ago - Reuters

Sumitomo Mitsui (SMFG) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sumitomo Mitsui (SMFG) have what it takes?

4 months ago - Zacks Investment Research

This is Why Sumitomo Mitsui (SMFG) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sumitomo Mitsui (SMFG) have what it takes?

5 months ago - Zacks Investment Research

SMBC Nikko Securities America Hires Paul Spivack as Managing Director, Deputy Head of Capital Markets

NEW YORK--(BUSINESS WIRE)--SMBC Nikko Securities America Hires Paul Spivack as Managing Director, Deputy Head of Capital Markets

6 months ago - Business Wire

SMBC Nikko Securities America, Inc. Hires Industry Veteran Scott Ashby

NEW YORK--(BUSINESS WIRE)--SMBC Nikko Securities America, Inc. Hires Industry Veteran Scott Ashby

7 months ago - Business Wire

SMBC Appoints Gordon Wilson as U.S. Chief Information Officer

NEW YORK--(BUSINESS WIRE)--SMBC Appoints Gordon Wilson as U.S. Chief Information Officer

9 months ago - Business Wire

SMBC Americas Holdings, Inc. Elects Analisa M. Allen and Morris R.

NEW YORK--(BUSINESS WIRE)--SMBC Americas Holdings, Inc. Elects Analisa M. Allen and Morris R. Morgan as Independent Directors

10 months ago - Business Wire

Why Jefferies Stock Surged Today

A new partnership could help bolster the company's growth prospects.

Other symbols:JEF
10 months ago - The Motley Fool

Jefferies and SMBC Group Announce Strategic Alliance to Drive Growth

NEW YORK & TOKYO--(BUSINESS WIRE)--Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies Financial”), the parent company of Jefferies Group LLC (“Jefferies Group”) (together hereafter referred to as “...

Other symbols:JEF
10 months ago - Business Wire

J.T. Cacciabaudo Joins SMBC Nikko Securities America, Inc. as Head of the Equity Execution Services Group

NEW YORK--(BUSINESS WIRE)--J.T. Cacciabaudo Joins SMBC Nikko Securities America, Inc. as Head of the Equity Execution Services Group

10 months ago - Business Wire

Randolph Habeck Joins SMBC Nikko Securities America, Inc. as Managing Director for Debt Syndicate Team; Brings Added ...

NEW YORK--(BUSINESS WIRE)--Randolph Habeck Joins SMBC Nikko Securities America, Inc. as Managing Director for Debt Syndicate Team; Brings Added ESG Financing Depth

11 months ago - Business Wire

SMBC Americas Holdings, Inc. Elects Kevin G. Chavers as Independent Director

NEW YORK--(BUSINESS WIRE)--SMBC Americas Holdings, Inc. Elects Kevin G. Chavers as Independent Director

1 year ago - Business Wire

Scott L. Flood Joins SMBC as Managing Director and U.S. General Counsel

NEW YORK--(BUSINESS WIRE)--Scott L. Flood Joins SMBC as Managing Director and U.S. General Counsel

1 year ago - Business Wire

Japan's biggest banks face climate votes at AGMs as activism grows

Mitsubishi UFJ Financial Group, and Sumitomo Mitsui Financial Group, Japan's two biggest banks, are being targeted with climate resolutions from activist shareholders at their annual shareholder meetings.

Other symbols:MUFG
1 year ago - Reuters

Can Value Investors Choose Sumitomo Mitsui Financial (SMFG) Stock?

Is Sumitomo Mitsui Financial (SMFG) a great pick from the value investor's perspective right now? Read on to know more.

1 year ago - Zacks Investment Research

SMBC Americas Holdings, Inc. Elects Joseph M. Busuttil as an Independent Director

NEW YORK--(BUSINESS WIRE)--SMBC Americas Holdings, Inc. Elects Joseph M. Busuttil as an Independent Director

1 year ago - Business Wire

Should Value Investors Pick Sumitomo Mitsui (SMFG) Stock?

Let's see if Sumitomo Mitsui (SMFG) stock is a good choice for value-oriented investors right now from multiple angles.

2 years ago - Zacks Investment Research

SMFG vs. BBVA: Which Stock Should Value Investors Buy Now?

SMFG vs. BBVA: Which Stock Is the Better Value Option?

Other symbols:BBVA
2 years ago - Zacks Investment Research

6 Underperforming Stocks in Gurus' Portfolios

Although gurus hold positions in the following companies, their share prices and returns have suffered declines recently.

Other symbols:NSCSLBSPGSUTSLA
2 years ago - GuruFocus

Is Sumitomo Mitsui (SMFG) a Great Stock for Value Investors?

Let's see if Sumitomo Mitsui (SMFG) stock is a good choice for value-oriented investors right now from multiple angles.

2 years ago - Zacks Investment Research