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
Capitalization:- Market Cap: $53.80482 billion
- Outstanding Shares: 7,050,133,000
Average Prices:- 50 Day Moving Avg: $7.70
- 200 Day Moving Avg: $7.61
- 52 Week Range: $5.82 - $8.30
P/E:- Trailing P/E Ratio: 9.35
- Foreward P/E Ratio: 7.34
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $26.05 billion
- Price / Sales: 2.05
- Book Value: $12.99 per share
- Price / Book: 0.58
Dividend:- Annual Dividend: $0.23
- Dividend Yield: 3.0%
Profitability:- Net Margins: 13.82%
- Return on Equity: 6.69%
- Return on Assets: 0.39%
Debt:- Debt-to-Equity Ratio: 0.94%
- Current Ratio: 1.02%
- Quick Ratio: 1.02%
Misc:- Average Volume: 2.01 million shs.
- Beta: 1.3
- Short Ratio: 1.04
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 often does Sumitomo Mitsui Financial Group pay dividends? What is the dividend yield for Sumitomo Mitsui Financial Group?
Sumitomo Mitsui Financial Group declared a None dividend on Monday, July 3rd. Shareholders of record on Thursday, March 30th will be given a dividend of $0.115 per share on Monday, July 10th. The ex-dividend date is Tuesday, March 28th. View Sumitomo Mitsui Financial Group's Dividend History.
How were Sumitomo Mitsui Financial Group's earnings last quarter?
Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) issued its quarterly earnings results on Wednesday, January, 29th. The company reported $0.36 earnings per share for the quarter. Sumitomo Mitsui Financial Group had a return on equity of 6.69% and a net margin of 13.82%. View Sumitomo Mitsui Financial Group's Earnings History.
Are investors shorting Sumitomo Mitsui Financial Group?
Sumitomo Mitsui Financial Group saw a decline in short interest in June. As of June 30th, there was short interest totalling 3,756,068 shares, a decline of 39.4% from the June 15th total of 6,200,742 shares. Based on an average daily trading volume, of 2,531,983 shares, the short-interest ratio is presently 1.5 days.
Who are some of Sumitomo Mitsui Financial Group's key competitors?
Some companies that are related to Sumitomo Mitsui Financial Group include Banco Santander, S.A. (SAN), Toronto Dominion Bank (The) (TD), U.S. Bancorp (USB), Mitsubishi UFJ Financial Group (MTU), Westpac Banking Corporation (WBK), HDFC Bank Limited (HDB), Itau Unibanco Banco Holding SA (ITUB), Bank of Nova Scotia (The) (BNS), ING Group, N.V. (ING), Lloyds Banking Group PLC (LYG), Banco Bradesco SA (BBD), PNC Financial Services Group, Inc. (The) (PNC), Banco Bilbao Vizcaya Argentaria SA (BBVA), Lloyds Banking Group PLC (LLOY), Bank Of Montreal (BMO), Barclays PLC (BCS), Mizuho Financial Group (MFG) and Credit Suisse Group AG (CS).
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 retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (0.69%), Aperio Group LLC (0.05%), Capstone Asset Management Co. (0.01%), US Bancorp DE (0.01%), BB&T Corp (0.00%) and Bank of Montreal Can (0.00%). View Institutional Ownership Trends for Sumitomo Mitsui Financial Group.
Who sold Sumitomo Mitsui Financial Group stock? Who is selling Sumitomo Mitsui Financial Group stock?
Who bought Sumitomo Mitsui Financial Group stock? Who is buying Sumitomo Mitsui Financial Group stock?
Sumitomo Mitsui Financial Group's stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Aperio Group LLC, US Bancorp DE, BB&T Corp, Gilbert & Cook Inc., Integrated Investment Consultants LLC, Eqis Capital Management Inc. and Park National Corp OH. 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?
One share of Sumitomo Mitsui Financial Group stock can currently be purchased for approximately $7.56.
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.
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: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Sumitomo Mitsui Financial Group (NYSE:SMFG)
Show:
| 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 | |
(Data available from 7/22/2015 forward)
Earnings History for Sumitomo Mitsui Financial Group (NYSE:SMFG)Earnings History by Quarter for Sumitomo Mitsui Financial Group (NYSE SMFG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 1/29/2014 | Q4 | | $0.36 | | | View | N/A | |
(Data available from 1/1/2011 forward)
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
Current Dividend Information for Sumitomo Mitsui Financial Group (NYSE:SMFG)| Most Recent Dividend: | 7/10/2017 |
| Annual Dividend: | $0.23 |
| Dividend Yield: | 3.04% |
| Dividend Growth: | 3.70% (3 Year Average) |
| Payout Ratio: | 23.71% (Trailing 12 Months of Earnings)
24.73% (Based on This Year's Estimates)
22.33% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Sumitomo Mitsui Financial Group (NYSE SMFG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/3/2017 | None | $0.12 | | 3/28/2017 | 3/30/2017 | 7/10/2017 |
(Data available from 1/1/2013 forward)
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)
| Source: |
|
| Date | Headline |
|---|
 | Sumitomo Mitsui Financial Group Inc (SMFG) Short Interest Update
www.americanbankingnews.com - July 20 at 7:51 AM |
| BidaskClub Downgrades Sumitomo Mitsui Financial Group Inc (SMFG) to Sell
www.americanbankingnews.com - July 19 at 7:28 PM |
 | At EnerCom's The Oil & Gas Conference(R) 80+ Companies will Discuss Energy Development
finance.yahoo.com - July 18 at 3:40 PM |
| ETFs with exposure to Sumitomo Mitsui Financial Group, Inc. : July 6, 2017
finance.yahoo.com - July 7 at 12:02 PM |
| Sumitomo Mitsui Financial Group, Inc. :SMFG-US: Earnings Analysis: Q4, 2017 By the Numbers : July 4, 2017
finance.yahoo.com - July 5 at 10:46 AM |
| Sumitomo Mitsui Financial Group Inc (SMFG) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - July 4 at 1:08 PM |
 | Sumitomo Mitsui Chooses Frankfurt for EU Base Following Brexit
www.bloomberg.com - July 3 at 1:34 AM |
| Short Interest in Sumitomo Mitsui Financial Group Inc (SMFG) Grows By 452.8%
www.americanbankingnews.com - July 2 at 7:14 AM |
 | Japan's SMFG, preparing for Brexit, to make Frankfurt EU base: Nikkei
www.reuters.com - July 1 at 7:36 AM |
| Sumitomo Mitsui Financial Group Inc (SMFG) Raised to Hold at BidaskClub
www.americanbankingnews.com - June 30 at 7:12 PM |
| 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 Saturday, July, 22, 2017
