S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
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The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Freshworks gets juiced on its AI customer engagement platform
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Freshworks gets juiced on its AI customer engagement platform
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Freshworks gets juiced on its AI customer engagement platform
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months

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

$10.06
+0.10 (+1.00%)
(As of 12/8/2023 ET)
Compare
Today's Range
$9.95
$10.06
50-Day Range
$9.06
$10.15
52-Week Range
$6.66
$10.58
Volume
1.55 million shs
Average Volume
2.28 million shs
Market Capitalization
$67.28 billion
P/E Ratio
11.70
Dividend Yield
2.88%
Price Target
N/A

Sumitomo Mitsui Financial Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
5.81%
From $0.86 to $0.91 Per Share

Overall MarketRank

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

2.55 out of 5 stars

Finance Sector

163rd out of 797 stocks

Commercial Banks, Not Elsewhere Classified Industry

14th out of 28 stocks


SMFG stock logo

About Sumitomo Mitsui Financial Group Stock (NYSE:SMFG)

Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides banking, leasing, securities, credit card, and consumer finance services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit segments. The company was incorporated in 2002 and is headquartered in Tokyo, Japan.

SMFG Stock Price History

SMFG Stock News Headlines

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Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
U.S. Stocks Rise Ahead of Inflation Data
U.S. Stocks Open Higher After Wholesale Inflation Report
Nikkei Rises 0.6%, Led by Auto, Chip Stocks
Higher Rates Are Supercharging Japan’s Banks
P/E Ratio Insights for Sumitomo Mitsui Finl Gr
See More Headlines
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Company Calendar

Last Earnings
11/14/2023
Today
12/10/2023
Next Earnings (Estimated)
1/29/2024
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
106,000
Year Founded
2001

Profitability

Net Income
$6.83 billion
Pretax Margin
22.60%

Debt

Sales & Book Value

Annual Sales
$45.46 billion
Cash Flow
$1.28 per share
Book Value
$14.57 per share

Miscellaneous

Outstanding Shares
6,687,650,000
Free Float
6,684,301,000
Market Cap
$67.28 billion
Optionable
Optionable
Beta
0.64

Social Links

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Key Executives

  • Jun Uchikawa (Age 58)
    Senior Managing Corporate Executive Officer, Group CIO & GM of IT Planning Dept.
    Comp: $432.32k
  • Fumihiko Ito
    Senior Managing Executive Officer, Group CFO, Group CSO & Director
  • Jun Okahashi
    General Manager of Financial & Accounting Department
  • Mr. Kohei Ohashi
    SVP (IR Department)
  • Yoshihiro Hyakutome (Age 58)
    Senior Managing Executive Officer & Group Chief Compliance Officer
  • Mr. Takashi Kobayashi (Age 56)
    Senior Managing Corporate Executive Officer & Group Chief Human Resources Officer
  • Mr. Rajeev Veeravalli Kannan (Age 51)
    Managing Executive Officer & Co-Head of Asia Pacific Division
  • Mr. Takeshi Mikami (Age 57)
    Senior Managing Corporate Executive Officers & Group Chief Audit Executive
  • Mr. Tetsuro Imaeda (Age 61)
    Deputy President, Co-Head of Global Business Unit & Representative Executive Officer
  • Mr. Toru Nakashima (Age 60)
    Deputy President, Co-Head of Wholesale Business Unit & Representative Executive Officer

Should I Buy Sumitomo Mitsui Financial Group Stock? SMFG Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Sumitomo Mitsui Financial Group was last updated on Sunday, December 10, 2023 at 8:37 PM.

Pros

Here are some ways that investors could benefit from investing in Sumitomo Mitsui Financial Group, Inc.:

  • Sumitomo Mitsui Financial Group, Inc. provides a wide range of financial services including banking, leasing, securities, credit card, and consumer finance.
  • The company has a strong presence in the global market, with operations in various countries.
  • Sumitomo Mitsui Financial Group, Inc. has a diversified business model with different segments, which helps in managing risks and capturing opportunities.
  • The company has a long history, being incorporated in 2002, and has established itself as a reputable financial institution.
  • Recent developments and updates in the company's business strategies and operations indicate potential growth and profitability.

Cons

Investors should be bearish about investing in Sumitomo Mitsui Financial Group, Inc. for these reasons:

  • One reason to be cautious is the current stock price, which should be considered before making any investment decisions.














SMFG Stock Analysis - Frequently Asked Questions

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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Mitsui Financial Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SMFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMFG, but not buy additional shares or sell existing 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 start of the year. Since then, SMFG stock has increased by 25.4% and is now trading at $10.06.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024.
View our SMFG earnings forecast
.

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

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) posted its quarterly earnings results on Tuesday, November, 14th. The bank reported $0.29 EPS for the quarter, beating the consensus estimate of $0.21 by $0.08. The bank had revenue of $15.29 billion for the quarter. Sumitomo Mitsui Financial Group had a trailing twelve-month return on equity of 6.51% and a net margin of 10.33%.

Is Sumitomo Mitsui Financial Group a good dividend stock?

Sumitomo Mitsui Financial Group (NYSE:SMFG) pays an annual dividend of $0.29 per share and currently has a dividend yield of 2.88%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 31.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SMFG.

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) and ActivePassive International Equity ETF (APIE).Avantis International Large Cap Value ETF (AVIV).

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).

Who are Sumitomo Mitsui Financial Group's major shareholders?

Sumitomo Mitsui Financial Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Morgan Stanley (0.18%), FMR LLC (0.10%), Lazard Asset Management LLC (0.07%), Cowen Investment Management LLC (0.06%), Northern Trust Corp (0.05%) and Invesco Ltd. (0.05%).

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.

This page (NYSE:SMFG) was last updated on 12/10/2023 by MarketBeat.com Staff

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