S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NYSE:SMFG

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

$6.07
+0.20 (+3.41%)
(As of 05/13/2022 07:00 PM ET)
Add
Compare
Today's Range
$5.97
$6.08
50-Day Range
$5.79
$6.98
52-Week Range
$5.79
$7.74
Volume
2.07 million shs
Average Volume
2.83 million shs
Market Capitalization
$41.71 billion
P/E Ratio
6.60
Dividend Yield
5.11%
Beta
0.74
30 days | 90 days | 365 days | Advanced Chart
Receive SMFG News and Ratings via Email

Sign-up to receive the latest news and ratings for Sumitomo Mitsui Financial Group and its competitors with MarketBeat's FREE daily newsletter.

Sumitomo Mitsui Financial Group logo

About Sumitomo Mitsui Financial Group

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.

Headlines

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

Sales & Book Value

Annual Sales
$36.81 billion
Cash Flow
$1.22 per share
Book Value
$16.81 per share

Profitability

Net Income
$6.59 billion
Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
6,871,811,000
Free Float
N/A
Market Cap
$41.71 billion
Optionable
Optionable

Company Calendar

Last Earnings
7/29/2020
Today
5/16/2022
Next Earnings (Estimated)
7/29/2022
Fiscal Year End
3/31/2023

Social Links


MarketRank

Overall MarketRank

2.57 out of 5 stars

Finance Sector

389th out of 1,349 stocks

Commercial Banks, Not Elsewhere Classified Industry

8th out of 34 stocks

Analyst Opinion: 0.0Community Rank: 4.5Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 5.0 5 -4 -3 -2 -1 -













Sumitomo Mitsui Financial Group (NYSE:SMFG) Frequently Asked Questions

Is Sumitomo Mitsui Financial Group a buy 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 "buy" Sumitomo Mitsui Financial Group stock.
View analyst ratings for Sumitomo Mitsui Financial Group
or view top-rated stocks.

Are investors shorting Sumitomo Mitsui Financial Group?

Sumitomo Mitsui Financial Group saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 3,860,000 shares, an increase of 27.8% from the March 31st total of 3,020,000 shares. Based on an average daily trading volume, of 2,990,000 shares, the short-interest ratio is presently 1.3 days. Currently, 0.1% of the shares of the company are short sold.
View Sumitomo Mitsui Financial Group's Short Interest
.

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 earnings results on Wednesday, July, 29th. The bank reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.07. The bank earned $9.02 billion during the quarter. Sumitomo Mitsui Financial Group had a net margin of 17.50% and a trailing twelve-month return on equity of 6.02%.
View Sumitomo Mitsui Financial Group's earnings history
.

Is Sumitomo Mitsui Financial Group a good dividend stock?

Sumitomo Mitsui Financial Group pays an annual dividend of $0.31 per share and currently has a dividend yield of 5.11%. SMFG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Sumitomo Mitsui Financial Group is 33.70%. 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 29.52% 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 $1.15M)
  • Mr. Toshikazu Yaku, Deputy Pres, Representative Exec. Officer & Group CHRO (Age 60, Pay $622.96k)
  • 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."

Who are Sumitomo Mitsui Financial Group's major shareholders?

Sumitomo Mitsui Financial Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Lazard Asset Management LLC (0.13%), BlackRock Inc. (0.10%), Northern Trust Corp (0.06%), Renaissance Technologies LLC (0.05%), Arrowstreet Capital Limited Partnership (0.04%) and Causeway Capital Management LLC (0.03%).

Which institutional investors are selling Sumitomo Mitsui Financial Group stock?

SMFG stock was sold by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Citigroup Inc., Federated Hermes Inc., Northern Trust Corp, BlackRock Inc., US Bancorp DE, Causeway Capital Management LLC, and Te Ahumairangi Investment Management Ltd.

Which institutional investors are buying Sumitomo Mitsui Financial Group stock?

SMFG stock was bought by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Qube Research & Technologies Ltd, Dimensional Fund Advisors LP, Envestnet Asset Management Inc., BTC Capital Management Inc., Thomas White International Ltd., Employees Retirement System of Texas, and Truist Financial Corp.

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 $6.07.

How much money does Sumitomo Mitsui Financial Group make?

Sumitomo Mitsui Financial Group has a market capitalization of $41.71 billion and generates $36.81 billion in revenue each year. The bank earns $6.59 billion in net income (profit) each year or $0.919990 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.

What is Sumitomo Mitsui Financial Group's official website?

The official website for Sumitomo Mitsui Financial Group is www.smfg.co.jp.

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 bank can be reached via phone at (133) 282-8111 or via fax at 813-4333-9954.

This page was last updated on 5/16/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.