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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Analysts Went All In On These Computer Stocks, Save Your Spot
Things to know about California's new proposed rules for insurance companies
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
KB Home Price Weakness is a Signal to Buy this Cash Machine
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
I Won $37 Million in the Lottery. The Money Wrecked My Relationship With My Mom and I Got Scammed By My Best Friend.
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Analysts Went All In On These Computer Stocks, Save Your Spot
Things to know about California's new proposed rules for insurance companies
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
KB Home Price Weakness is a Signal to Buy this Cash Machine
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
I Won $37 Million in the Lottery. The Money Wrecked My Relationship With My Mom and I Got Scammed By My Best Friend.
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Analysts Went All In On These Computer Stocks, Save Your Spot
Things to know about California's new proposed rules for insurance companies
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
KB Home Price Weakness is a Signal to Buy this Cash Machine
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
I Won $37 Million in the Lottery. The Money Wrecked My Relationship With My Mom and I Got Scammed By My Best Friend.
NYSE:SMFG

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

$10.35
+0.08 (+0.78%)
(As of 09/22/2023 ET)
Compare
Today's Range
$10.35
$10.58
50-Day Range
$8.55
$10.29
52-Week Range
$5.39
$10.58
Volume
2.78 million shs
Average Volume
1.28 million shs
Market Capitalization
$69.22 billion
P/E Ratio
12.03
Dividend Yield
2.71%
Price Target
N/A

Sumitomo Mitsui Financial Group MarketRank™ Forecast

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
1.15mentions of Sumitomo Mitsui Financial Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.82%
From $0.88 to $0.94 Per Share

Overall MarketRank

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

2.65 out of 5 stars

Finance Sector

265th out of 825 stocks

Commercial Banks, Not Elsewhere Classified Industry

6th out of 27 stocks


SMFG stock logo

About Sumitomo Mitsui Financial Group (NYSE:SMFG) Stock

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 Price History

SMFG Stock News Headlines

Higher Rates Are Supercharging Japan’s Banks
WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
P/E Ratio Insights for Sumitomo Mitsui Finl Gr
WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
Japan's Sumitomo Mitsui launches US digital bank
See More Headlines
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SMFG Company Calendar

Last Earnings
7/31/2023
Today
9/22/2023
Next Earnings (Estimated)
11/13/2023
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
$3.78 trillion
Cash Flow
$1.30 per share
Book Value
$14.57 per share

Miscellaneous

Outstanding Shares
6,687,645,000
Free Float
6,684,301,000
Market Cap
$69.22 billion
Optionable
Optionable
Beta
0.69

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Key Executives

  • Mr. Jun Ohta (Age 65)
    Pres, Group CEO & Director
    Comp: $906.78k
  • Jun Uchikawa (Age 58)
    Sr. Managing Corp. Exec. Officer, Group CIO & GM of IT Planning Dept.
    Comp: $433.09k
  • Fumihiko Ito
    Sr. Managing Exec. Officer, Group CFO, Group CSO & Director
  • Jun Okahashi
    Gen. Mang. of Financial & Accounting Department
  • Mr. Kohei Ohashi
    SVP (IR Department)
  • Yoshihiro Hyakutome (Age 58)
    Sr. Managing Exec. Officer & Group Chief Compliance Officer
  • Mr. Takashi Kobayashi (Age 60)
    Sr. Managing Corp. Exec. Officer & Group Chief HR Officer
  • Mr. Rajeev Veeravalli Kannan (Age 51)
    Managing Exec. Officer & Co-Head of Asia Pacific Division
  • Mr. Takeshi Mikami (Age 57)
    Sr. Managing Corp. Exec. Officers & Group Chief Audit Exec.
  • Mr. Tetsuro Imaeda (Age 61)
    Deputy Pres, Co-Head of Global Bus. Unit & Representative Exec. Officer













SMFG Stock - 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 twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SMFG 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 on January 1st, 2023. Since then, SMFG shares have increased by 29.1% and is now trading at $10.35.
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, November 13th 2023.
View our SMFG earnings forecast
.

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

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) announced its quarterly earnings data on Monday, July, 31st. The bank reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. The bank earned $16.56 billion during the quarter. Sumitomo Mitsui Financial Group had a net margin of 11.19% and a trailing twelve-month return on equity of 6.62%.

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).

Is Sumitomo Mitsui Financial Group a good dividend stock?

Sumitomo Mitsui Financial Group (NYSE:SMFG) pays an annual dividend of $0.27 per share and currently has a dividend yield of 2.68%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 28.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SMFG.

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).

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."

Who are Sumitomo Mitsui Financial Group's major shareholders?

Sumitomo Mitsui Financial Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Goldman Sachs Group Inc. (0.18%), Lazard Asset Management LLC (0.11%), BlackRock Inc. (0.09%), Wells Fargo & Company MN (0.08%), Cowen Investment Management LLC (0.07%) and Northern Trust Corp (0.06%).

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.

What is Sumitomo Mitsui Financial Group's stock price today?

One share of SMFG stock can currently be purchased for approximately $10.35.

How much money does Sumitomo Mitsui Financial Group make?

Sumitomo Mitsui Financial Group (NYSE:SMFG) has a market capitalization of $69.22 billion and generates $3.78 trillion in revenue each year. The bank earns $6.83 billion in net income (profit) each year or $0.86 on an earnings per share basis.

How many employees does Sumitomo Mitsui Financial Group have?

The company employs 106,000 workers across the globe.

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 the company 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 9/23/2023 by MarketBeat.com Staff

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