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S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
NYSE:SMFG

Sumitomo Mitsui Financial Group Stock Forecast, Price & News

$5.97
-0.02 (-0.33%)
(As of 07/5/2022 12:00 AM ET)
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Today's Range
$5.87
$5.97
50-Day Range
$5.74
$6.25
52-Week Range
$5.70
$7.74
Volume
3.64 million shs
Average Volume
3.76 million shs
Market Capitalization
$41.02 billion
P/E Ratio
6.49
Dividend Yield
2.56%
Price Target
N/A

Sumitomo Mitsui Financial Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.06% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
22.09%
From $0.86 to $1.05 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.68 out of 5 stars

Finance Sector

648th out of 1,389 stocks

Commercial Banks, Not Elsewhere Classified Industry

21st out of 40 stocks

30 days | 90 days | 365 days | Advanced Chart

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Sumitomo Mitsui Financial Group logo

About Sumitomo Mitsui Financial Group (NYSE:SMFG) Stock

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 other advisory services primarily for large, mid, and small-sized corporate clients; various leasing services, including equipment, and operating and leveraged leasing; and digital services, such as robotic process automation and electronic contract services. The Retail Business Unit segment offers wealth management, settlement, consumer finance, and housing loan products and services, as well as business and asset succession services to high-net-worth customers. The Global Business Unit segment offers loans, deposits, clearing services, trade finance, project finance, loan syndication, derivatives, and cash management services; underwriting services; and leasing services related to the construction machinery, transportation equipment, industrial machinery, medical equipment, and aircraft leasing. The Global Markets Business Unit segment offers solutions through foreign exchange products, derivatives, bonds, stocks, and other marketable financial products. It also undertakes asset liability management operations. The company also offers credit card, Internet banking, system development and engineering, data processing, management consulting and economic research, and investment advisory and investment trust management services. Sumitomo Mitsui Financial Group, Inc. was incorporated in 2002 and is headquartered in Tokyo, Japan.

SMFG Stock News Headlines

Sumitomo Mitsui Financial (8316)
SMFG vs. HDB: Which Stock Should Value Investors Buy Now?
See More Headlines

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
86,800
Year Founded
2001

Company Calendar

Last Earnings
5/13/2022
Today
7/06/2022
Next Earnings (Estimated)
7/29/2022
Fiscal Year End
3/31/2023

Profitability

Net Income
$4.54 billion
Pretax Margin
13.85%

Debt

Sales & Book Value

Annual Sales
$36.62 billion
Cash Flow
$1.47 per share
Book Value
$16.55 per share

Miscellaneous

Outstanding Shares
6,871,810,000
Free Float
N/A
Market Cap
$41.02 billion
Optionable
Optionable
Beta
0.72

Social Links















Sumitomo Mitsui Financial Group Frequently Asked Questions

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

2 Wall Street 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 analysts is that investors should "buy" Sumitomo Mitsui Financial Group stock.
View analyst ratings for Sumitomo Mitsui Financial Group
or view top-rated stocks.

How has Sumitomo Mitsui Financial Group's stock price performed in 2022?

Sumitomo Mitsui Financial Group's stock was trading at $6.79 at the start of the year. Since then, SMFG stock has decreased by 12.1% and is now trading at $5.97.
View the best growth stocks for 2022 here
.

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

Sumitomo Mitsui Financial Group is scheduled to release its next quarterly earnings announcement on Friday, July 29th 2022.
View our earnings forecast for Sumitomo Mitsui Financial Group
.

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

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) announced its quarterly earnings results on Friday, May, 13th. The bank reported $0.23 earnings per share for the quarter. The bank earned $9.60 billion during the quarter. Sumitomo Mitsui Financial Group had a trailing twelve-month return on equity of 6.56% and a net margin of 17.34%.
View Sumitomo Mitsui Financial Group's earnings history
.

Is Sumitomo Mitsui Financial Group a good dividend stock?

Sumitomo Mitsui Financial Group(NYSE:SMFG) pays an annual dividend of $0.15 per share and currently has a dividend yield of 2.56%. The dividend payout ratio of Sumitomo Mitsui Financial Group is 16.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sumitomo Mitsui Financial Group will have a dividend payout ratio of 14.29% next year. This indicates that Sumitomo Mitsui Financial Group will be able to sustain or increase its dividend.
View Sumitomo Mitsui Financial Group's dividend history.

Who are Sumitomo Mitsui Financial Group's key executives?

Sumitomo Mitsui Financial Group's management team includes the following people:
  • Mr. Jun Ohta, Pres, Group CEO & Director (Age 64, Pay $1.1M)
  • Mr. Toshikazu Yaku, Deputy Pres, Representative Exec. Officer & Group CHRO (Age 60, Pay $595.12k)
  • Mr. Toru Nakashima, Sr. Managing Exec. Officer, Group CFO, CSO & Director (Age 59)
  • Jun Okahashi, Gen. Mang. of Financial & Accounting Department
  • Mr. Kohei Ohashi, SVP (IR Department)
  • Yoshihiro Hyakutome, Sr. Managing Exec. Officer & Group Chief Compliance Officer
  • Mr. Katsunori Tanizaki, Sr. Managing Corp. Exec. Officer & Group CDIO (Age 65)
  • Mr. Takeshi Mikami, Sr. Managing Corp. Exec. Officers & Group CAE
  • Mr. Masahiko Oshima, Deputy Pres, Representative Exec. Officer & Co-Head of Wholesale Bus. Unit (Age 62)
  • Naoki Tamura, Sr. Managing Exec. Officer & Sr. MD of Retail Bus. Division (Age 61)

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

102 employees have rated Sumitomo Mitsui Financial Group CEO Takeshi Kunibe on Glassdoor.com. Takeshi Kunibe has an approval rating of 89% among Sumitomo Mitsui Financial Group'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."

How do I buy shares of Sumitomo Mitsui Financial Group?

Shares of SMFG 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 $5.97.

How much money does Sumitomo Mitsui Financial Group make?

Sumitomo Mitsui Financial Group (NYSE:SMFG) has a market capitalization of $41.02 billion and generates $36.62 billion in revenue each year. The bank earns $4.54 billion in net income (profit) each year or $0.92 on an earnings per share basis.

How many employees does Sumitomo Mitsui Financial Group have?

Sumitomo Mitsui Financial Group employs 86,800 workers across the globe.

When was Sumitomo Mitsui Financial Group founded?

Sumitomo Mitsui Financial Group was founded in 2001.

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 Sumitomo Mitsui Financial Group 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 7/6/2022 by MarketBeat.com Staff

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