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NYSE:SMFG

Sumitomo Mitsui Financial Grp Stock Forecast, Price & News

$5.76
+0.03 (+0.52 %)
(As of 09/22/2020 12:00 AM ET)
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Today's Range
$5.70
Now: $5.76
$5.76
50-Day Range
$5.39
MA: $5.78
$5.95
52-Week Range
$4.49
Now: $5.76
$7.56
Volume879,415 shs
Average Volume1.94 million shs
Market Capitalization$39.55 billion
P/E Ratio7.38
Dividend Yield5.24%
Beta1.15
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 2002 and is headquartered in Tokyo, Japan.
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Sumitomo Mitsui Financial Grp logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.69 out of 5 stars


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$48.89 billion
Cash Flow$1.41 per share
Book Value$14.65 per share

Profitability

Net Income$1.95 billion

Miscellaneous

Employees86,400
Outstanding Shares6,865,857,000
Market Cap$39.55 billion
Next Earnings Date11/11/2020 (Estimated)
OptionableOptionable
$5.76
+0.03 (+0.52 %)
(As of 09/22/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

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

Sumitomo Mitsui Financial Grp'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 4.2% and is now trading at $5.76.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Sumitomo Mitsui Financial Grp?

3 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 and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Sumitomo Mitsui Financial Grp
.

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

Sumitomo Mitsui Financial Grp is scheduled to release its next quarterly earnings announcement on Wednesday, November 11th 2020.
View our earnings forecast for Sumitomo Mitsui Financial Grp
.

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

Sumitomo Mitsui Financial Grp, Inc. (NYSE:SMFG) released its earnings results on Wednesday, July, 29th. The bank reported $0.12 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.07. The bank earned $9.02 billion during the quarter. Sumitomo Mitsui Financial Grp had a net margin of 11.61% and a return on equity of 5.75%.
View Sumitomo Mitsui Financial Grp's earnings history
.

How often does Sumitomo Mitsui Financial Grp pay dividends? What is the dividend yield for Sumitomo Mitsui Financial Grp?

Sumitomo Mitsui Financial Grp declared a semi-annual dividend on Wednesday, January 22nd. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.1655 per share on Monday, March 30th. This represents a dividend yield of 3.9%. The ex-dividend date is Monday, March 30th.
View Sumitomo Mitsui Financial Grp's dividend history
.

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 AT&T (T), Visa (V), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), Chevron (CVX), Gilead Sciences (GILD), Las Vegas Sands (LVS), Exxon Mobil (XOM) and Boeing (BA).

Who are Sumitomo Mitsui Financial Grp's key executives?

Sumitomo Mitsui Financial Grp's management team includes the following people:
  • Mr. Jun Ohta, Pres, Group CEO & Director (Age 61)
  • Toru Nakashima, Sr. Managing Corp. Exec. Officer, Group CFO & Group CSO
  • Mr. Kohei Ohashi, SVP (IR Department)
  • Mr. Toshikazu Yaku, Deputy Pres, Representative Exec. Officer, Group CCO, Group CHRO & Director (Age 57)
  • Mr. Nobuaki Kurumatani, Deputy Pres (Age 62)

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."

Who are Sumitomo Mitsui Financial Grp's major shareholders?

Sumitomo Mitsui Financial Grp's stock is owned by many different retail and institutional investors. Top institutional shareholders include Goldman Sachs Group Inc. (0.10%), Bank of America Corp DE (0.08%), NINE MASTS CAPITAL Ltd (0.07%), FMR LLC (0.04%), US Bancorp DE (0.03%) and Todd Asset Management LLC (0.02%).

Which institutional investors are selling Sumitomo Mitsui Financial Grp stock?

SMFG stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Fisher Asset Management LLC, Goldman Sachs Group Inc., US Bancorp DE, Level Four Advisory Services LLC, JustInvest LLC, Raymond James & Associates, and Mount Yale Investment Advisors LLC.

Which institutional investors are buying Sumitomo Mitsui Financial Grp stock?

SMFG stock was acquired by a variety of institutional investors in the last quarter, including NINE MASTS CAPITAL Ltd, FMR LLC, ARGA Investment Management LP, Sanders Capital LLC, Natixis Advisors L.P., Signaturefd LLC, Sei Investments Co., and Gilman Hill Asset 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, Robinhood, 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 $5.76.

How big of a company is Sumitomo Mitsui Financial Grp?

Sumitomo Mitsui Financial Grp has a market capitalization of $39.55 billion and generates $48.89 billion in revenue each year. The bank earns $1.95 billion in net income (profit) each year or $1.00 on an earnings per share basis. Sumitomo Mitsui Financial Grp employs 86,400 workers across the globe.

What is Sumitomo Mitsui Financial Grp's official website?

The official website for Sumitomo Mitsui Financial Grp is 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.

This page was last updated on 9/23/2020 by MarketBeat.com Staff

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