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Laser breakthrough could send stock soaring 2,467% (Ad)
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Laser breakthrough could send stock soaring 2,467% (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
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S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Sell every Stock except ONE (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Laser breakthrough could send stock soaring 2,467% (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Laser breakthrough could send stock soaring 2,467% (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Sell every Stock except ONE (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Laser breakthrough could send stock soaring 2,467% (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Laser breakthrough could send stock soaring 2,467% (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Sell every Stock except ONE (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Laser breakthrough could send stock soaring 2,467% (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Laser breakthrough could send stock soaring 2,467% (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
NYSE:SMFG

Sumitomo Mitsui Financial Group (SMFG) Stock Forecast, Price & News

$8.11
-0.22 (-2.64%)
(As of 05/19/2023 08:48 PM ET)
Compare
Today's Range
$8.09
▼
$8.20
50-Day Range
$7.66
▼
$8.61
52-Week Range
$5.39
▼
$9.18
Volume
1.44 million shs
Average Volume
3.51 million shs
Market Capitalization
$55.74 billion
P/E Ratio
9.32
Dividend Yield
3.45%
Price Target
N/A
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Sumitomo Mitsui Financial Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.05% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.56mentions of Sumitomo Mitsui Financial Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.29%
From $0.91 to $1.04 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Finance Sector

566th out of 874 stocks

Commercial Banks, Not Elsewhere Classified Industry

21st out of 32 stocks

See Top Rated MarketRank™ Stocks Here

SMFG stock logo

About Sumitomo Mitsui Financial Group (NYSE:SMFG) Stock

Sumitomo Mitsui Financial Group, Inc. operates as a holding company, which engages in the management of its subsidiaries that provide financial services. It operates through the following segments: Commercial Banking, Leasing, Securities, and Consumer Finance. The Commercial Banking segment consists of consumer banking, middle market banking, wholesale banking, retail banking, international banking, and treasury units. The Leasing segment provides leasing services that include equipment, operating, leveraged, and aircraft operating leases. The Securities segment offers financial products, investment consultation and administration services to individual and corporate customers. The Consumer Finance segment handles domestic credit card business, consumer loans and loan guarantee businesses. The company was founded on December 2, 2002 and is headquartered in Tokyo, Japan.

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SMFG Stock News Headlines

May 18, 2023 | marketbeat.com
Japan racks up trade deficit although exports gradually rebound
Japan has racked up a trade deficit in April, marking the 21st month in a row of deficits, although it declined dramatically compared to a year ago, as exports recovered
May 15, 2023 | msn.com
UPDATE 2-Japan's top banks expect solid profits, MUFG sees record year
May 22, 2023 | Behind the Markets (Ad)
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
April 21, 2023 | americanbankingnews.com
Head-To-Head Survey: Inter & Co, Inc. (NASDAQ:INTR) vs. Sumitomo Mitsui Financial Group (NYSE:SMFG)
April 20, 2023 | finance.yahoo.com
BOJ Said to Be Wary Tweaking YCC Soon After Banking Crisis
April 19, 2023 | ft.com
Japan’s SMFG resumes AT1 bond sales in first big issuance since Credit Suisse wipeout
April 19, 2023 | msn.com
SMFG becomes first big Japan bank to sell AT1 bonds since Credit Suisse's debt wipeout
April 19, 2023 | msn.com
UPDATE 2-Japan's SMFG is first global bank to sell AT1 bonds since C.Suisse wipeout
May 22, 2023 | Behind the Markets (Ad)
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
April 19, 2023 | msn.com
Japan's SMFG plans to go ahead with AT1 bond issuance - source
April 18, 2023 | benzinga.com
SMBC Capital Markets Appoints Gareth Hughes Head of Trading
April 14, 2023 | americanbankingnews.com
Sumitomo Mitsui Financial Group, Inc. Expected to Post FY2023 Earnings of $0.86 Per Share (NYSE:SMFG)
April 10, 2023 | seekingalpha.com
Sumitomo Mitsui Financial Group: Quite A Lot Of Foreign Bond Exposure, But Lots Of Cash
April 10, 2023 | finance.yahoo.com
Japan's three megabanks to face votes on climate change - sources
April 10, 2023 | americanbankingnews.com
Sumitomo Mitsui Financial Group (NYSE:SMFG) & PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERY) Head to Head Survey
April 7, 2023 | finance.yahoo.com
Japan Real Wages Extend Fall in Challenge for Next BOJ Chief
April 4, 2023 | finance.yahoo.com
SMFG/Wall Street: hiring plan is well-timed — retention is a longer game
April 4, 2023 | finance.yahoo.com
Sumitomo Mitsui Wants Wall Street Bankers for US Expansion
April 3, 2023 | bloomberg.com
Japan’s Sumitomo Mitsui Wants Wall Street Bankers for US Push
April 3, 2023 | finance.yahoo.com
MUFG Delays AT1 Bond Sale to After Mid-May Post-Credit Suisse
April 3, 2023 | finance.yahoo.com
Japan's SMBC CEO is watching out for chances to expand US assets
April 3, 2023 | finance.yahoo.com
UPDATE 1-Japan's SMBC CEO is watching out for chances to expand US assets
April 2, 2023 | fool.com
Sumitomo Mitsui Financial Group (NYSE: SMFG)
March 28, 2023 | msn.com
Vietnam's VPBank completes $1.5 bln stake sale to Japan's Sumitomo Mitsui
March 27, 2023 | finance.yahoo.com
SMFG Adds to Asia Buying Spree with $1.5 Billion VPBank Stake
March 27, 2023 | bloomberg.com
Vietnam’s VPBank Sells $1.5 Billion Stake to Japan’s SMFG Unit
March 27, 2023 | finance.yahoo.com
SMFG Adds to Buying Spree with $1.5 Billion VPBank Stake
See More Headlines
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SMFG Company Calendar

Last Earnings
7/29/2020
Today
5/22/2023
Next Earnings (Estimated)
8/04/2023
Fiscal Year End
3/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:SMFG
CUSIP
N/A
CIK
1022837
Web
www.smfg.co.jp
Phone
(133) 282-8111
Fax
813-4333-9954
Employees
101,000
Year Founded
2001

Profitability

EPS (Most Recent Fiscal Year)
$0.87
Trailing P/E Ratio
9.32
Forward P/E Ratio
8.91
P/E Growth
1.46
Net Income
$4.54 billion
Net Margins
13.05%
Pretax Margin
18.56%
Return on Equity
6.91%
Return on Assets
0.32%

Debt

Debt-to-Equity Ratio
2.07
Current Ratio
1.05
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$45.46 billion
Price / Sales
1.23
Cash Flow
$1.19 per share
Price / Cash Flow
6.81
Book Value
$13.77 per share
Price / Book
0.59

Miscellaneous

Outstanding Shares
6,873,460,000
Free Float
6,870,019,000
Market Cap
$55.74 billion
Optionable
Optionable
Beta
0.67

Social Links


Key Executives

  • Jun Ohta
    Executive President, CEO & Representative Director
  • Toru Nakashima
    Group CFO, Director & Head-Public Relations
  • Shoji Masuda
    Group Chief Information Officer
  • Tetsuro Imaeda
    Group Chief Compliance Officer
  • Toshikazu Yaku
    Executive VP & Chief Human Resources Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













SMFG Stock - Frequently Asked Questions

Should I buy or sell Sumitomo Mitsui Financial Group stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Mitsui Financial Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SMFG shares.
View SMFG analyst ratings or view top-rated stocks.

How have SMFG shares performed in 2023?

Sumitomo Mitsui Financial Group's stock was trading at $8.02 at the beginning of 2023. Since then, SMFG stock has increased by 1.1% and is now trading at $8.11.
View the best growth stocks for 2023 here.

Are investors shorting Sumitomo Mitsui Financial Group?

Sumitomo Mitsui Financial Group saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,310,000 shares, an increase of 33.5% from the April 15th total of 2,480,000 shares. Based on an average daily trading volume, of 3,480,000 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the company's stock are short sold.
View Sumitomo Mitsui Financial Group's Short Interest.

When is Sumitomo Mitsui Financial Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our SMFG earnings forecast.

How were Sumitomo Mitsui Financial Group's earnings last quarter?

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) issued its earnings results on Wednesday, July, 29th. The bank reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.07. The bank had revenue of $9.02 billion for the quarter. Sumitomo Mitsui Financial Group had a trailing twelve-month return on equity of 6.91% and a net margin of 13.05%.

What ETFs hold Sumitomo Mitsui Financial Group's stock?

ETFs with the largest weight of Sumitomo Mitsui Financial Group (NYSE:SMFG) stock in their portfolio include Invesco International Dividend Achievers ETF (PID), Avantis International Large Cap Value ETF (AVIV), Invesco Zacks Multi-Asset Income ETF (CVY), Pacer Trendpilot International ETF (PTIN), Avantis Responsible International Equity ETF (AVSD), Avantis International Equity ETF (AVDE), Dimensional International Sustainability Core 1 ETF (DFSI) and Dimensional International Core Equity 2 ETF (DFIC).

Is Sumitomo Mitsui Financial Group a good dividend stock?

Sumitomo Mitsui Financial Group (NYSE:SMFG) pays an annual dividend of $0.28 per share and currently has a dividend yield of 3.38%. The dividend payout ratio is 32.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 26.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SMFG.

What is Takeshi Kunibe's approval rating as Sumitomo Mitsui Financial Group's CEO?

102 employees have rated Sumitomo Mitsui Financial Group Chief Executive Officer Takeshi Kunibe on Glassdoor.com. Takeshi Kunibe has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Sumitomo Mitsui Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sumitomo Mitsui Financial Group investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), Visa (V), Chevron (CVX), Gilead Sciences (GILD), Wells Fargo & Company (WFC), AbbVie (ABBV) and Enterprise Products Partners (EPD).

What is Sumitomo Mitsui Financial Group's stock symbol?

Sumitomo Mitsui Financial Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMFG."

Who are Sumitomo Mitsui Financial Group's major shareholders?

Sumitomo Mitsui Financial Group's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (0.09%), BlackRock Inc. (0.09%), Cowen Investment Management LLC (0.08%), Bank of America Corp DE (0.04%), Cowen AND Company LLC (0.04%) and Samlyn Capital LLC (0.04%).

How do I buy shares of Sumitomo Mitsui Financial Group?

Shares of SMFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sumitomo Mitsui Financial Group's stock price today?

One share of SMFG stock can currently be purchased for approximately $8.11.

How much money does Sumitomo Mitsui Financial Group make?

Sumitomo Mitsui Financial Group (NYSE:SMFG) has a market capitalization of $55.74 billion and generates $45.46 billion in revenue each year. The bank earns $4.54 billion in net income (profit) each year or $0.87 on an earnings per share basis.

How many employees does Sumitomo Mitsui Financial Group have?

The company employs 101,000 workers across the globe.

How can I contact Sumitomo Mitsui Financial Group?

Sumitomo Mitsui Financial Group's mailing address is 1-2 MARUNOUCHI 1-CHOME CHIYODA-KU, TOKYO M0, 100-0005. The official website for the company is www.smfg.co.jp. The bank can be reached via phone at (133) 282-8111 or via fax at 813-4333-9954.

This page (NYSE:SMFG) was last updated on 5/22/2023 by MarketBeat.com Staff

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