Sumitomo Mitsui Financial Group Stock Forecast, Price & News

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

How has Sumitomo Mitsui Financial Group's stock been impacted by COVID-19 (Coronavirus)?

Sumitomo Mitsui Financial Group's stock was trading at $5.53 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SMFG shares have increased by 31.3% and is now trading at $7.26.
View which stocks have been most impacted by COVID-19.

Are investors shorting Sumitomo Mitsui Financial Group?

Sumitomo Mitsui Financial Group saw a increase in short interest in December. As of December 15th, there was short interest totaling 3,710,000 shares, an increase of 64.9% from the November 30th total of 2,250,000 shares. Based on an average daily volume of 1,650,000 shares, the short-interest ratio is presently 2.2 days. Currently, 0.1% of the company's stock 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 Tuesday, February 1st 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, November, 12th. The bank reported $0.33 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.21 by $0.12. The bank had revenue of $9.21 billion for the quarter. Sumitomo Mitsui Financial Group had a trailing twelve-month return on equity of 6.12% and a net margin of 17.73%.
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 4.26%. SMFG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Sumitomo Mitsui Financial Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Sumitomo Mitsui Financial Group is 32.98%. 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 32.29% 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:

• Jun Ohta, Executive President, CEO & Representative Director
• Toru Nakashima, Group CFO, Director & Head-Public Relations
• Shoji Masuda, Group Chief Information Officer
• Tetsuro Imaeda, Group Chief Compliance Officer
• Toshikazu Yaku, Executive VP & Chief Human Resources Officer

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.

Who are some of Sumitomo Mitsui Financial Group's key competitors?

Some companies that are related to Sumitomo Mitsui Financial Group include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), HDFC Bank (HDB), Commonwealth Bank of Australia (CMWAY), BNP Paribas (BNPQY), Mitsubishi UFJ Financial Group (MUFG), Bank of Montreal (BMO), ICICI Bank (IBN), Banco Santander (SAN), ING Groep (ING), Canadian Imperial Bank of Commerce (CM), Australia and New Zealand Banking Group (ANZBY), Westpac Banking (WBK), Lloyds Banking Group (LYG) and Barclays (BCS).
View all of SMFG's competitors.

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 investors include Russell Investments Group Ltd. (0.01%), Crossmark Global Holdings Inc. (0.01%), Anderson Hoagland & Co. (0.01%), U.S. Capital Wealth Advisors LLC (0.01%), Gilman Hill Asset Management LLC (0.01%) and Ritholtz Wealth Management (0.00%).

Which major investors are selling Sumitomo Mitsui Financial Group stock?

SMFG stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., U.S. Capital Wealth Advisors LLC, Parallel Advisors LLC, Kestra Advisory Services LLC, Gilman Hill Asset Management LLC, and PDS Planning Inc.

Which major investors are buying Sumitomo Mitsui Financial Group stock?

SMFG stock was bought by a variety of institutional investors in the last quarter, including Ritholtz Wealth Management, Avantax Advisory Services Inc., Russell Investments Group Ltd., Rosenberg Matthew Hamilton, Verdence Capital Advisors LLC, Anderson Hoagland & Co., and Veriti Management LLC.

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

One share of SMFG stock can currently be purchased for approximately $7.26.

How much money does Sumitomo Mitsui Financial Group make?

Sumitomo Mitsui Financial Group has a market capitalization of $49.89 billion and generates $36.81 billion in revenue each year. The bank earns $6.59 billion in net income (profit) each year or $0.94 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.

Where are Sumitomo Mitsui Financial Group's headquarters?

Sumitomo Mitsui Financial Group is headquartered at 1-2 MARUNOUCHI 1-CHOME CHIYODA-KU, TOKYO M0, 100-0005.

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.