NYSE:SMFG - Sumitomo Mitsui Financial Grp Stock Price, News, & Analysis

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$7.27 0.00 (0.00 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$7.27
Today's Range$7.24 - $7.29
52-Week Range$6.32 - $9.00
Volume729,337 shs
Average Volume1.08 million shs
Market Capitalization$51.40 billion
P/E Ratio7.20
Dividend Yield3.29%
Beta1.27
Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services primarily in Japan. It operates through four segments: Wholesale Business, Retail Business, International Business, and Global Markets Business. The Wholesale Business segment provides financing, investment management, risk hedging and settlement services, as well as financial solutions for mergers and acquisition and other advisory services and leasing, primarily for large-and mid-sized corporate clients; and various leasing services, including equipment, and operating and leveraged leasing. The Retail Business segment offers wealth management, settlement services, consumer finance, and housing loans. The International Business segment provides loans, deposits, clearing services, trade finance, project finance, loan syndication, derivatives, and global cash management services; underwriting services; and leasing services related to the construction machinery, transportation equipment, industrial machinery, medical equipment, and aircraft leasing. As of March 31, 2018, this segment's network consisted of 18 branches, 22 sub-branches, and 4 representative offices. The Global Markets Business segment offers foreign exchange products, derivatives, bonds, stocks and other marketable financial products, and undertakes asset liability management operations. It also offers system development, data processing, management consulting, and economic research services; and investment advisory and investment trust management services. The company was founded in 1590 and is headquartered in Tokyo, Japan.

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Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone813-3282-8111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$52.05 billion
Cash Flow$1.4035 per share
Book Value$14.26 per share

Profitability

Net Income$6.93 billion

Miscellaneous

Employees73,000
Outstanding Shares7,070,270,000
Market Cap$51.40 billion
Next Earnings Date5/13/2019 (Estimated)
OptionableOptionable

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

What is Sumitomo Mitsui Financial Grp's stock symbol?

Sumitomo Mitsui Financial Grp trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMFG."

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

Sumitomo Mitsui Financial Grp, Inc. (NYSE:SMFG) issued its earnings results on Monday, July, 31st. The bank reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.20 by $0.11. The bank earned $12.25 billion during the quarter. Sumitomo Mitsui Financial Grp had a return on equity of 6.51% and a net margin of 12.26%. View Sumitomo Mitsui Financial Grp's Earnings History.

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

Sumitomo Mitsui Financial Grp is scheduled to release their next quarterly earnings announcement on Monday, May 13th 2019. View Earnings Estimates for Sumitomo Mitsui Financial Grp.

What is the consensus analysts' recommendation for Sumitomo Mitsui Financial Grp?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Mitsui Financial Grp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sumitomo Mitsui Financial Grp.

Has Sumitomo Mitsui Financial Grp been receiving favorable news coverage?

News coverage about SMFG stock has trended neutral this week, InfoTrie reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sumitomo Mitsui Financial Grp earned a coverage optimism score of 0.5 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

Are investors shorting Sumitomo Mitsui Financial Grp?

Sumitomo Mitsui Financial Grp saw a increase in short interest in January. As of January 15th, there was short interest totalling 3,722,607 shares, an increase of 48.4% from the December 31st total of 2,508,898 shares. Based on an average daily volume of 2,416,360 shares, the days-to-cover ratio is currently 1.5 days. View Sumitomo Mitsui Financial Grp's Current Options Chain.

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

What other stocks do shareholders of Sumitomo Mitsui Financial Grp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sumitomo Mitsui Financial Grp investors own include Chevron (CVX), Exxon Mobil (XOM), Intel (INTC), Alibaba Group (BABA), Simon Property Group (SPG), Pfizer (PFE), Celgene (CELG), Sanofi (SNY), Rent-A-Center (RCII) and Visa (V).

Who are Sumitomo Mitsui Financial Grp's key executives?

Sumitomo Mitsui Financial Grp's management team includes the folowing people:
  • Mr. Takeshi Kunibe, Pres, Group CEO & Director (Age 65)
  • Mr. Jun Ohta, Exec. Officer, Deputy Pres, Group CFO, CSO & Director (Age 61)
  • Mr. Katsunori Tanizaki, Sr. Managing Exec. Officer, Group CIO, Group CDIO & Director (Age 62)
  • Mr. Kohei Ohashi, SVP (IR Department)
  • Mr. Toshikazu Yaku, Sr. Managing Corp. Exec. Officer, Group CCO, Group CHRO & Director (Age 57)

Who are Sumitomo Mitsui Financial Grp's major shareholders?

Sumitomo Mitsui Financial Grp's stock is owned by many different of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.85%), Bank of America Corp DE (0.23%), Cambiar Investors LLC (0.21%), Northern Trust Corp (0.13%), NINE MASTS CAPITAL Ltd (0.06%) and LMR Partners LLP (0.05%).

Which major investors are selling Sumitomo Mitsui Financial Grp stock?

SMFG stock was sold by a variety of institutional investors in the last quarter, including Cambiar Investors LLC, Northern Trust Corp, D. E. Shaw & Co. Inc., Ferguson Wellman Capital Management Inc., Suntrust Banks Inc., Raymond James & Associates, Natixis Advisors L.P. and BB&T Corp.

Which major investors are buying Sumitomo Mitsui Financial Grp stock?

SMFG stock was purchased by a variety of institutional investors in the last quarter, including NINE MASTS CAPITAL Ltd, LMR Partners LLP, Bank of America Corp DE, Fisher Asset Management LLC, OLD Mission Capital LLC, Jane Street Group LLC, Two Sigma Advisers LP and Millennium Management LLC.

How do I buy shares of Sumitomo Mitsui Financial Grp?

Shares of SMFG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

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

One share of SMFG stock can currently be purchased for approximately $7.27.

How big of a company is Sumitomo Mitsui Financial Grp?

Sumitomo Mitsui Financial Grp has a market capitalization of $51.40 billion and generates $52.05 billion in revenue each year. The bank earns $6.93 billion in net income (profit) each year or $1.01 on an earnings per share basis. Sumitomo Mitsui Financial Grp employs 73,000 workers across the globe.

What is Sumitomo Mitsui Financial Grp's official website?

The official website for Sumitomo Mitsui Financial Grp is http://www.smfg.co.jp.

How can I contact Sumitomo Mitsui Financial Grp?

Sumitomo Mitsui Financial Grp's mailing address is 1-2 MARUNOUCHI 1-CHOME CHIYODA-KU, TOKYO M0, 100-0005. The bank can be reached via phone at 813-3282-8111.


MarketBeat Community Rating for Sumitomo Mitsui Financial Grp (NYSE SMFG)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  149 (Vote Outperform)
Underperform Votes:  156 (Vote Underperform)
Total Votes:  305
MarketBeat's community ratings are surveys of what our community members think about Sumitomo Mitsui Financial Grp and other stocks. Vote "Outperform" if you believe SMFG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SMFG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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