Sumitomo Mitsui Financial Group, Inc. is a holding company for Sumitomo Mitsui Banking Corporation (the Bank) and its subsidiaries. The Company operates through four segments: Commercial Banking, Leasing, Securities and Consumer Finance. The Company and its subsidiaries offer a range of financial services, including commercial banking, leasing, securities, consumer finance and other services. The Company offers commercial banking services to a range of customers, including corporations, mid-sized companies, small-sized companies, individuals, governments and governmental entities mainly through the Bank. The Bank has equity interest in Sumitomo Mitsui Finance and Leasing Company, Limited, which provides a range of leasing services, including equipment lease, operating lease, leveraged lease and aircraft operating lease. The Bank's subsidiary, SMBC Nikko Securities Inc., offers a range of financial products, and investment consultation and administrative services.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks - NEC
- Sub-Industry: N/A
- Symbol: NYSE:SMFG
- CUSIP: N/A
- Web: www.smfg.co.jp
- Market Cap: $54.51184 billion
- Outstanding Shares: 7,050,133,000
- 50 Day Moving Avg: $7.49
- 200 Day Moving Avg: $7.64
- 52 Week Range: $5.43 - $8.30
Sales & Book Value:
- Trailing P/E Ratio: 8.30
- Foreward P/E Ratio: 7.49
- P/E Growth: 0.00
- Annual Revenue: $40.91 billion
- Price / Sales: 1.33
- Book Value: $12.56 per share
- Price / Book: 0.61
- Annual Dividend: $0.11
- Dividend Yield: 1.5%
- Net Margins: 13.82%
- Return on Equity: 6.89%
- Return on Assets: 0.39%
- Debt-to-Equity Ratio: 0.93%
- Current Ratio: 0.98%
- Average Volume: 1.66 million shs.
- Beta: 1.36
- Short Ratio: 0.96
Frequently Asked Questions for Sumitomo Mitsui Financial Group (NYSE:SMFG)
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."
How were Sumitomo Mitsui Financial Group's earnings last quarter?
Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) posted its quarterly earnings data on Wednesday, January, 29th. The company reported $0.36 EPS for the quarter. Sumitomo Mitsui Financial Group had a net margin of 13.82% and a return on equity of 6.89%. View Sumitomo Mitsui Financial Group's Earnings History.
Are investors shorting Sumitomo Mitsui Financial Group?
Sumitomo Mitsui Financial Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 1,185,975 shares, an increase of 51.4% from the April 28th total of 783,485 shares. Based on an average daily trading volume, of 1,009,676 shares, the days-to-cover ratio is presently 1.2 days.
Who are some of Sumitomo Mitsui Financial Group's key competitors?
Some companies that are related to Sumitomo Mitsui Financial Group include Royal Bank Of Canada (RY), Banco Santander, S.A. (SAN), Toronto Dominion Bank (The) (TD), Mitsubishi UFJ Financial Group (MTU), U.S. Bancorp (USB), Westpac Banking Corporation (WBK), Bank of Nova Scotia (The) (BNS), ING Group, N.V. (ING), PNC Financial Services Group, Inc. (The) (PNC), Banco Bilbao Vizcaya Argentaria SA (BBVA), Banco Bradesco SA (BBD), Lloyds Banking Group PLC (LLOY), Bank Of Montreal (BMO), Barclays PLC (BCS), Royal Bank Scotland PLC (The) (RBS), Credit Suisse Group (CS), BB&T Corporation (BBT) and Canadian Imperial Bank of Commerce (CM).
Who are Sumitomo Mitsui Financial Group's key executives?
Sumitomo Mitsui Financial Group's management team includes the folowing people:
- Koichi Miyata, Chairman of the Board, Chairman of Subsidiary
- Takeshi Kunibe, President, Representative Director
- Jun Ohta, Executive Vice President, Representative Director
- Nobuaki Kurumatani, Executive Vice President
- Yasuyuki Kawasaki, Senior Managing Executive Officer
- Yukihiko Ohnishi, Senior Managing Executive Officer
- Tetsuya Kubo, Chairman of Subsidiary, Director
- Koichi Noda, Director
- Kozo Ogino, Director
- Masayuki Oku, Director
Who owns Sumitomo Mitsui Financial Group stock?
Sumitomo Mitsui Financial Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of America Corp DE (0.18%), Morgan Stanley (0.11%), NINE MASTS CAPITAL Ltd (0.08%), Parametric Portfolio Associates LLC (0.07%), JPMorgan Chase & Co. (0.07%) and Lazard Asset Management LLC (0.05%). View Institutional Ownership Trends for Sumitomo Mitsui Financial Group.
Who sold Sumitomo Mitsui Financial Group stock? Who is selling Sumitomo Mitsui Financial Group stock?
Sumitomo Mitsui Financial Group's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., NINE MASTS CAPITAL Ltd, Renaissance Technologies LLC, Causeway Capital Management LLC, HighTower Advisors LLC, GRATRY & Co LLC, UBS Asset Management Americas Inc. and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for Sumitomo Mitsui Financial Group.
Who bought Sumitomo Mitsui Financial Group stock? Who is buying Sumitomo Mitsui Financial Group stock?
Sumitomo Mitsui Financial Group's stock was acquired by a variety of institutional investors in the last quarter, including Karp Capital Management Corp, Bank of America Corp DE, Parametric Portfolio Associates LLC, Blair William & Co. IL, Jane Street Group LLC, Oppenheimer Asset Management Inc., Goldman Sachs Group Inc. and US Bancorp DE. View Insider Buying and Selling for Sumitomo Mitsui Financial Group.
How do I buy Sumitomo Mitsui Financial Group stock?
Shares of Sumitomo Mitsui Financial Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Sumitomo Mitsui Financial Group's stock price today?
MarketBeat Community Rating for Sumitomo Mitsui Financial Group (NYSE SMFG)MarketBeat's community ratings are surveys of what our community members think about Sumitomo Mitsui Financial Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Sumitomo Mitsui Financial Group stock can currently be purchased for approximately $7.71.
Consensus Ratings for Sumitomo Mitsui Financial Group (NYSE:SMFG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Sumitomo Mitsui Financial Group (NYSE:SMFG)
(Data available from 6/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/22/2016||Macquarie||Upgrade||Neutral -> Outperform||N/A|
|7/6/2016||J P Morgan Chase & Co||Initiated Coverage||Overweight||N/A|
|2/4/2016||Citigroup Inc.||Downgrade||Neutral -> Sell||N/A|
Earnings History for Sumitomo Mitsui Financial Group (NYSE:SMFG)Earnings History by Quarter for Sumitomo Mitsui Financial Group (NYSE SMFG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
Earnings Estimates for Sumitomo Mitsui Financial Group (NYSE:SMFG)
Current Year EPS Consensus Estimate: $0.93 EPS
Next Year EPS Consensus Estimate: $1.03 EPS
Dividend History for Sumitomo Mitsui Financial Group (NYSE:SMFG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Sumitomo Mitsui Financial Group (NYSE:SMFG)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Sumitomo Mitsui Financial Group (NYSE:SMFG)
Latest Headlines for Sumitomo Mitsui Financial Group (NYSE:SMFG)
|Sumitomo Mitsui Financial Group (SMFG) & Banco Santander Brasil SA (BSBR) Head to Head Contrast|
www.americanbankingnews.com - June 22 at 8:42 PM
|EnerCom Announces Oilfield Tech & Innovation Day - Thursday, Aug. 17, 2017 - Denver, Colorado|
finance.yahoo.com - June 22 at 6:43 PM
|BidaskClub Lowers Sumitomo Mitsui Financial Group Inc (SMFG) to Sell|
www.americanbankingnews.com - June 22 at 5:27 PM
|Sumitomo Mitsui Financial Grp, Inc. (SMFG) Lifted to Strong-Buy at ValuEngine|
www.americanbankingnews.com - June 10 at 11:12 PM
|Sumitomo Mitsui Financial Grp, Inc. (SMFG) Upgraded by BidAskClub to Sell|
www.americanbankingnews.com - June 10 at 12:36 AM
|Sumitomo Mitsui Financial Grp, Inc. (SMFG) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - June 9 at 2:39 PM
|ValuEngine Lowers Sumitomo Mitsui Financial Grp, Inc. (SMFG) to Buy|
www.americanbankingnews.com - June 3 at 10:14 AM
|Japan lender SMFG eyeing M&A in asset management, banking for growth|
www.reuters.com - May 31 at 7:59 PM
|Japan's Second-Largest Bank Has to Run Just to Stand Still|
finance.yahoo.com - May 31 at 12:24 PM
|Sumitomo Mitsui Financial Grp, Inc. (SMFG) Short Interest Up 51.4% in May|
www.americanbankingnews.com - May 31 at 7:19 AM
|Japan Megabanks Forecast a Fourth Straight Combined Profit Fall|
finance.yahoo.com - May 15 at 9:18 AM
|Sumitomo Mitsui Said in Talks to Lease New London Headquarters|
www.bloomberg.com - May 11 at 8:54 PM
|Fitch Revises Outlooks for Japanese Major Banks to Stable; Upgrades VR of MHFG|
www.reuters.com - May 2 at 9:25 AM
|[$$] CVC Picks Ex-Sumitomo Mitsui Banker as Japan Chairman|
finance.yahoo.com - May 1 at 7:06 PM
|Sumitomo Mitsui Financial Grp (SMFG) Earning Somewhat Favorable Press Coverage, Analysis Shows|
www.americanbankingnews.com - May 1 at 5:38 PM
|Sumitomo Mitsui Financial Grp (SMFG) Given Coverage Optimism Score of 0.51|
www.americanbankingnews.com - April 28 at 11:48 AM
|Sumitomo Mitsui Financial Group, Inc. : SMFG-US: Dividend Analysis : March 30th, 2017 (record date) : By the numbers : April 24, 2017|
finance.yahoo.com - April 24 at 6:18 PM
|Sumitomo Mitsui Financial Grp (SMFG) Earning Favorable News Coverage, AlphaOne Reports|
www.americanbankingnews.com - April 24 at 3:02 PM
|Sumitomo Mitsui Financial Grp (SMFG) Earning Positive News Coverage, Analysis Finds|
www.americanbankingnews.com - April 21 at 10:30 PM
|RSI Alert: Sumitomo Mitsui Financial Group (SMFG) Now Oversold|
www.nasdaq.com - April 19 at 9:14 AM
|Sumitomo Mitsui Financial Grp (SMFG) Receiving Favorable Press Coverage, Study Shows|
www.americanbankingnews.com - April 16 at 7:34 AM
|Sumitomo Mitsui Financial Grp (SMFG) Given Coverage Optimism Rating of 0.44|
www.americanbankingnews.com - April 13 at 3:26 PM
|Sumitomo Mitsui Financial Group (SMFG) Shares Cross Below 200 DMA|
www.nasdaq.com - April 7 at 12:38 PM
|INTERVIEW-New chief of Japan's SMBC bank "actively studying" acquisition of US bank|
www.cnbc.com - March 31 at 8:09 PM
|New chief of Japan's SMBC bank 'actively studying' acquisition of US bank|
finance.yahoo.com - March 31 at 8:09 PM
|Sumitomo Mitsui Financial Group Enters Oversold Territory (SMFG)|
www.nasdaq.com - March 22 at 7:45 PM
|Zacks: Sumitomo Mitsui Financial Grp, Inc. (SMFG) Receives Consensus Rating of "" from Analysts|
www.americanbankingnews.com - March 21 at 11:52 AM
|Sumitomo Mitsui Trust: Are Japanese Megabanks Back?|
seekingalpha.com - March 14 at 7:21 PM
|6:10 am Sumitomo Mitsui and several other banks announce business integration|
finance.yahoo.com - March 3 at 7:54 PM
|Why ESG for Emerging Asia?|
au.finance.yahoo.com - February 10 at 4:13 AM
|Japan Is Caught in the Crossfire of Trump’s Assault on Mexico|
www.bloomberg.com - February 3 at 5:13 AM
|Sumitomo Mitsui Hiring Barclays Private Bankers as Ties End|
www.bloomberg.com - January 27 at 3:35 AM
|Fed’s Interest-Rate Increase Prompts Sumitomo Mitsui to Rethink Treasurys|
www.wsj.com - December 23 at 3:08 AM
|[$$] Sumitomo Mitsui Rethinks Treasurys Amid Fed's Rate Rise|
www.wsj.com - December 22 at 2:15 AM
|BRIEF-Sumitomo Mitsui Financial names Koichi Miyata as chairman and Takeshi Kunibe as president|
www.reuters.com - December 16 at 3:57 AM
|NEC Trials Cashless Payment Services Utilizing Facial Recognition with SMBC and Sumitomo Mitsui Card|
au.finance.yahoo.com - December 12 at 9:03 AM
|Mizuho, SMBC in talks to provide 800 million euros in loans to Gazprom: sources|
www.reuters.com - December 5 at 9:03 AM
Sumitomo Mitsui Financial Group (SMFG) Chart for Monday, June, 26, 2017