Sumitomo Mitsui Financial Group

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.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LOS ANGELES--(BUSINESS WIRE)--Bank welcomes Michael Trivich, MD, Chief Credit Officer; Monica Sparks, ED, Chief Accounting Officer; & Jeff Jones, MD, Chief Information Officer.

SMBC MANUBANK Announces Multiple Key Hires Across Credit, Accounting, and Technology Functions to Support Growth

Sumitomo Mitsui's fundamentals remain robust. The macro overhang is slowly clearing as well. A stubborn book value discount keeps the risk/reward very favorable.

Sumitomo Mitsui: Many Ways To Win

HDFC Bank Limited

Investors with an interest in Banks - Foreign stocks have likely encountered both Sumitomo Mitsui (SMFG) and HDFC Bank (HDB). But which of these two stocks is more attractive to value investors?

SMFG or HDB: Which Is the Better Value Stock Right Now?

Sumitomo Mitsui (SMFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About Sumitomo Mitsui (SMFG) Rating Upgrade to Strong Buy

M/I Homes

PEDEVCO

MHO, SMFG and PED made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 4, 2024.

Best Momentum Stocks to Buy for September 4th

First of Long Island

Unilever

FLIC, MHO, SMFG, PED and UL have been added to the Zacks Rank #1 (Strong Buy) List on September 4, 2024.

New Strong Buy Stocks for September 4th

CarGurus

Robinhood

Nova Measuring Instruments

360 Finance Inc - ADR

QFIN, SMFG, HOOD, NVMI and CARG have been added to the Zacks Rank #1 (Strong Buy) List on August 22, 2024.

New Strong Buy Stocks for August 22nd

Delek Logistics Partners

SMFG, QFIN, and DKL made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 22, 2024.

Best Value Stocks to Buy for August 22nd

ICICI Bank Ltd.

Investors interested in Banks - Foreign stocks are likely familiar with Sumitomo Mitsui (SMFG) and ICICI Bank Limited (IBN). But which of these two companies is the best option for those looking for undervalued stocks?

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

Jefferies Financial Group Inc

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 Group Chief Executive Officer, Toru Nakashima, to Jefferies' Board of Directors effective August 12, 2024. The appointment of Mr. Nakashima further strengthens the strategic alliance between Jefferies and the SMBC Group first announced in 2021 and then further expanded in 2023 and 2024. Consistent wi.

Jefferies Announces that Toru Nakashima, President and Group CEO of SMFG, Has Been Appointed to the Jefferies Board of Directors

Bank of America

JPMorgan Chase & Co

Morgan Stanley

Mitsubishi UFJ Financial

Charles Schwab

U.S. Bancorp

While interest rates remain high, it offers a good opportunity to investors to consider these financial stocks for rising interest rates. An increase in interest rates often results in increased net interest margins for banks and other financial institutions.

7 Financial Stocks That Could Benefit from Rising Interest Rates

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 reduction target give me the confidence that the company can improve its ROE to 9% going forward. I continue to assign a Buy rating to SMFG, as the stock is still trading below my target P/B ratio of 1.17 times.

Sumitomo Mitsui: Spotlight On Above-Expectation Earnings And Positive ROE Outlook

Nestle SA

In today's world of uncertainties and the global economy, it is crucial to diversify one's investments because otherwise, the risks are rising. One outstanding way to diversify that comes to mind is to invest in international dividend aristocrats.

3 International Dividend Aristocrats to Diversify Your Portfolio

Banco Santander

Investors looking for stocks in the Banks - Foreign sector might want to consider either Banco Santander (SAN) or Sumitomo Mitsui (SMFG). But which of these two stocks is more attractive to value investors?

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

Sumitomo Mitsui (SMFG) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Recent Price Trend in Sumitomo Mitsui (SMFG) is Your Friend, Here's Why

Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Santander (SAN) and Sumitomo Mitsui (SMFG). But which of these two stocks is more attractive to value investors?

SAN or SMFG: Which Is the Better Value Stock Right Now?

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 continues in the Americas. Based in New York and reporting to Stephanie Bowker and Yoshiyuki Natsuyama, Brian will focus on growing the industrials business and overseeing a team of bankers covering SMBC clients across the industrials space. His extensive industry relationships and proven experience will.

SMBC Hires Brian Reed to Lead Industrials Group as Americas Expansion Continues

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 Managing Your Finances Can Make You Happier, revealing the tangible ways consumers' financial situations intertwine with our mental health and wellbeing. The report, which surveyed more than 4,000 U.S. consumers*, comes as Americans face a wave of significant financial hurdles, from persistent infla.

Jenius Bank Report Shows the Impact of Finances on Mental Health

LOS ANGELES--(BUSINESS WIRE)--Jenius Bank™ hit a milestone last week, reaching $1 billion in deposits for its high-yield savings product.

Jenius Bank Surpasses $1 Billion in Deposits

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, considering its favorable dividend guidance, the new JPY100 billion buyback plan, and the proposed stock split. The multiple positives for Sumitomo Mitsui suggest that a favorable re-rating of the stock's valuation in the future is highly probable.

Sumitomo Mitsui: Multiple Positives

Sumitomo (NYSE: SMFG ) stock is a hot topic on Monday as reports claim that billionaire Paul Singer is making big bets on the Japanese trading company. According to these reports, Singer's Elliott Management currently holds a stake in Sumitomo that is worth “several tens of billions of yem.

Billionaire Paul Singer Is Betting Big on Sumitomo (SMFG) Stock

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 country.

Jefferies and Japan's Sumitomo expand alliance into 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 collaboration on future corporate and investment banking business opportunities within the Canadian market. SMBC Group comprises Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMBC”), SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd.

Jefferies and SMBC Expand Strategic Alliance to Canada

Korn/Ferry Int.

Li Auto Inc.

LI, SMFG and KFY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 12, 2024.

Best Momentum Stocks to Buy for March 12th

General Motors

Kaiser Aluminum

Northrim BanCorp

Royal Caribbean Cruises

GM, RCL, SMFG, KALU and NRIM have been added to the Zacks Rank #1 (Strong Buy) List on March 12, 2024.

New Strong Buy Stocks for March 12th

News for Sumitomo Mitsui Financial Group Stock (SMFG)