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Sumitomo Mitsui Financial Group (SMFG) Competitors

$13.06
-0.02 (-0.15%)
(As of 06/7/2024 ET)

SMFG vs. RY, MUFG, HDB, TD, IBN, SAN, BBVA, BMO, ING, and CM

Should you be buying Sumitomo Mitsui Financial Group stock or one of its competitors? The main competitors of Sumitomo Mitsui Financial Group include Royal Bank of Canada (RY), Mitsubishi UFJ Financial Group (MUFG), HDFC Bank (HDB), Toronto-Dominion Bank (TD), ICICI Bank (IBN), Banco Santander (SAN), Banco Bilbao Vizcaya Argentaria (BBVA), Bank of Montreal (BMO), ING Groep (ING), and Canadian Imperial Bank of Commerce (CM). These companies are all part of the "commercial banks, not elsewhere classified" industry.

Sumitomo Mitsui Financial Group vs.

Sumitomo Mitsui Financial Group (NYSE:SMFG) and Royal Bank of Canada (NYSE:RY) are both large-cap finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, risk, earnings, media sentiment, valuation, institutional ownership and community ranking.

Royal Bank of Canada has a consensus target price of $133.25, suggesting a potential upside of 25.25%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, analysts clearly believe Royal Bank of Canada is more favorable than Sumitomo Mitsui Financial Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sumitomo Mitsui Financial Group
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Royal Bank of Canada
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86

Sumitomo Mitsui Financial Group has a beta of 0.61, meaning that its share price is 39% less volatile than the S&P 500. Comparatively, Royal Bank of Canada has a beta of 0.87, meaning that its share price is 13% less volatile than the S&P 500.

In the previous week, Royal Bank of Canada had 20 more articles in the media than Sumitomo Mitsui Financial Group. MarketBeat recorded 26 mentions for Royal Bank of Canada and 6 mentions for Sumitomo Mitsui Financial Group. Sumitomo Mitsui Financial Group's average media sentiment score of 1.14 beat Royal Bank of Canada's score of 0.46 indicating that Sumitomo Mitsui Financial Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Sumitomo Mitsui Financial Group
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Royal Bank of Canada
8 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral

Royal Bank of Canada has higher revenue and earnings than Sumitomo Mitsui Financial Group. Sumitomo Mitsui Financial Group is trading at a lower price-to-earnings ratio than Royal Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Sumitomo Mitsui Financial Group$64.79B1.33$6.64B$1.0013.06
Royal Bank of Canada$87.48B1.72$11.02B$8.0613.20

3.9% of Sumitomo Mitsui Financial Group shares are held by institutional investors. Comparatively, 45.3% of Royal Bank of Canada shares are held by institutional investors. 0.1% of Sumitomo Mitsui Financial Group shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Royal Bank of Canada received 461 more outperform votes than Sumitomo Mitsui Financial Group when rated by MarketBeat users. However, 66.13% of users gave Sumitomo Mitsui Financial Group an outperform vote while only 55.78% of users gave Royal Bank of Canada an outperform vote.

CompanyUnderperformOutperform
Sumitomo Mitsui Financial GroupOutperform Votes
248
66.13%
Underperform Votes
127
33.87%
Royal Bank of CanadaOutperform Votes
709
55.78%
Underperform Votes
562
44.22%

Sumitomo Mitsui Financial Group pays an annual dividend of $0.15 per share and has a dividend yield of 1.1%. Royal Bank of Canada pays an annual dividend of $4.08 per share and has a dividend yield of 3.8%. Sumitomo Mitsui Financial Group pays out 15.0% of its earnings in the form of a dividend. Royal Bank of Canada pays out 50.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Royal Bank of Canada has a net margin of 12.12% compared to Sumitomo Mitsui Financial Group's net margin of 10.32%. Royal Bank of Canada's return on equity of 14.87% beat Sumitomo Mitsui Financial Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Sumitomo Mitsui Financial Group10.32% 7.71% 0.37%
Royal Bank of Canada 12.12%14.87%0.81%

Summary

Royal Bank of Canada beats Sumitomo Mitsui Financial Group on 17 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SMFG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SMFG vs. The Competition

MetricSumitomo Mitsui Financial GroupCommercial banks IndustryFinance SectorNYSE Exchange
Market Cap$86.03B$35.58B$9.39B$17.72B
Dividend Yield1.11%4.45%6.62%3.55%
P/E Ratio13.068.6257.0422.92
Price / Sales1.331.693,313.2514.39
Price / Cash9.108.8815.6720.21
Price / Book0.841.072.494.99
Net Income$6.64B$3.15B$1.01B$975.94M
7 Day Performance-0.38%-2.02%-0.75%-1.87%
1 Month Performance14.16%-0.98%-0.15%-0.74%
1 Year Performance58.98%23.90%12.28%8.66%

Sumitomo Mitsui Financial Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RY
Royal Bank of Canada
4.9768 of 5 stars
$106.97
-0.1%
$137.67
+28.7%
+15.6%$151.36B$87.48B13.2791,398Analyst Forecast
News Coverage
MUFG
Mitsubishi UFJ Financial Group
1.7781 of 5 stars
$10.64
+0.5%
N/A+51.7%$131.27B$82.36B12.23121,800Positive News
Gap Down
HDB
HDFC Bank
3.8097 of 5 stars
$59.17
+1.3%
N/A-9.0%$110.05B$2.01T18.15173,222Positive News
TD
Toronto-Dominion Bank
4.5355 of 5 stars
$56.01
+0.1%
$88.00
+57.1%
-4.5%$98.55B$75.05B12.73103,257
IBN
ICICI Bank
1.1778 of 5 stars
$26.55
-0.4%
N/A+16.6%$93.32B$20.04B19.10157,799Stock Split
SAN
Banco Santander
3.5842 of 5 stars
$5.11
+1.0%
N/A+47.2%$80.87B$62.14B7.10212,764
BBVA
Banco Bilbao Vizcaya Argentaria
2.928 of 5 stars
$10.65
+1.8%
N/A+51.8%$63.53B$31.97B7.24121,486Positive News
BMO
Bank of Montreal
4.7423 of 5 stars
$86.45
-0.4%
$127.50
+47.5%
-3.4%$63.04B$50.48B14.3656,000
ING
ING Groep
2.0348 of 5 stars
$17.76
+1.3%
N/A+36.7%$62.13B$24.43B7.8646,000Analyst Upgrade
CM
Canadian Imperial Bank of Commerce
4.8395 of 5 stars
$49.24
-0.1%
$67.00
+36.1%
+14.2%$46.44B$41.16B10.1348,074

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This page (NYSE:SMFG) was last updated on 6/8/2024 by MarketBeat.com Staff

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