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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford Stock Going Forward After Big Earnings Flop
Nvidia Rallies As Investors Bullish On Chipmaker's AI Business
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
Closing prices for crude oil, gold and other commodities
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Indian tycoon Adani hit by more losses, calls for probe
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford Stock Going Forward After Big Earnings Flop
Nvidia Rallies As Investors Bullish On Chipmaker's AI Business
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
Closing prices for crude oil, gold and other commodities
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Indian tycoon Adani hit by more losses, calls for probe
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford Stock Going Forward After Big Earnings Flop
Nvidia Rallies As Investors Bullish On Chipmaker's AI Business
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
Closing prices for crude oil, gold and other commodities
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Indian tycoon Adani hit by more losses, calls for probe
NYSE:SMFG

Sumitomo Mitsui Financial Group - SMFG Stock Forecast, Price & News

$8.66
-0.01 (-0.12%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$8.65
▼
$8.73
50-Day Range
$6.68
▼
$9.03
52-Week Range
$5.39
▼
$9.04
Volume
3.80 million shs
Average Volume
3.63 million shs
Market Capitalization
$59.52 billion
P/E Ratio
9.41
Dividend Yield
3.21%
Price Target
N/A

Sumitomo Mitsui Financial Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.07% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.30mentions of Sumitomo Mitsui Financial Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.60%
From $0.87 to $0.91 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Finance Sector

149th out of 865 stocks

Commercial Banks, Not Elsewhere Classified Industry

11th out of 31 stocks

See Top Rated MarketRank™ Stocks Here
SMFG stock logo

About Sumitomo Mitsui Financial Group (NYSE:SMFG) Stock

Sumitomo Mitsui Financial Group, Inc. operates as a holding company, which engages in the management of its subsidiaries that provide financial services. It operates through the following segments: Commercial Banking, Leasing, Securities, and Consumer Finance. The Commercial Banking segment consists of consumer banking, middle market banking, wholesale banking, retail banking, international banking, and treasury units. The Leasing segment provides leasing services that include equipment, operating, leveraged, and aircraft operating leases. The Securities segment offers financial products, investment consultation and administration services to individual and corporate customers. The Consumer Finance segment handles domestic credit card business, consumer loans and loan guarantee businesses. The company was founded on December 2, 2002 and is headquartered in Tokyo, Japan.

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SMFG Stock News Headlines

January 31, 2023 | americanbankingnews.com
Financial Review: Sumitomo Mitsui Financial Group (NYSE:SMFG) and DNB Bank ASA (OTCMKTS:DNBBY)
January 18, 2023 | 247wallst.com
First Look Analysts Research Calls for Wednesday, January 18
February 4, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
January 10, 2023 | finance.yahoo.com
The Zacks Analyst Blog Highlights Sumitomo Mitsui Financial Group, Mizuho Financial Group, Barclays and Banco do Brasil
January 9, 2023 | finance.yahoo.com
4 Ultra-Safe Stocks for 2023
January 5, 2023 | finance.yahoo.com
Jefferies Jumps With Sumitomo Mitsui Eyeing a Larger Stake
January 4, 2023 | msn.com
Sumitomo Mitsui Financial explores taking bigger stake in Jefferies Financial
January 4, 2023 | finance.yahoo.com
Japan's SMFG to extend Jefferies alliance beyond U.S., CEO says
February 4, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
January 3, 2023 | investing.com
Apartment Income REIT Corp PT Lowered to $41 at SMBC Nikko Securities
January 2, 2023 | nz.finance.yahoo.com
Sumitomo Mitsui (SMFG) Is a Great Choice for 'Trend' Investors, Here's Why
December 27, 2022 | finance.yahoo.com
Top Japan Bankers See Negative Rates to Stay as BOJ Roils Market
December 25, 2022 | seekingalpha.com
Sumitomo Mitsui Financial Group: A More Favorable Outlook
December 20, 2022 | msn.com
Surging Financial Stocks Lead Asian Equities Higher in Tuesday Trading
December 17, 2022 | money.usnews.com
Sumitomo Mitsui Financial Group Inc - ADR
December 15, 2022 | msn.com
UPDATE 1-Sumitomo Mitsui Banking to appoint Fukutome its next chief executive
December 15, 2022 | msn.com
Sumitomo Mitsui Banking to appoint Fukutome next chief executive -source
December 7, 2022 | finance.yahoo.com
15 Biggest Japanese Companies with Operations in USA
December 1, 2022 | finance.yahoo.com
Mizuho Financial Group, Inc.: Updating Forecasts for Japanese Banks After Interim Yuho Reports; SMFG Is Our Top Pick
November 24, 2022 | finance.yahoo.com
Tokyo Inflation Hits Fastest Pace Since 1982, Fueled by Weak Yen
November 18, 2022 | finance.yahoo.com
Japan Inflation Hits Four-Decade High in Test of BOJ Resolve
November 14, 2022 | finance.yahoo.com
Japan lender Sumitomo Mitsui reports 8% increase in Q2 net profit
November 8, 2022 | finance.yahoo.com
SMBC Nikko Securities America, Inc. Appoints Raffi Dawson as Managing Director, Head of Structured Finance Group
November 2, 2022 | reuters.com
Japan's Sumitomo Mitsui to boost stake in Philippines' RCBC for $460 mln
October 31, 2022 | finance.yahoo.com
SMBC Nikko Posts Record Loss on Market Rigging Fallout
October 27, 2022 | finance.yahoo.com
SMBC Nikko’s Market-Rigging Trial Opens With CEO Set to Testify
October 18, 2022 | seekingalpha.com
SMFG Sumitomo Mitsui Financial Group, Inc.
See More Headlines
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SMFG Company Calendar

Last Earnings
11/14/2022
Today
2/04/2023
Fiscal Year End
3/31/2023
Next Earnings (Estimated)
5/12/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:SMFG
CUSIP
N/A
CIK
1022837
Web
www.smfg.co.jp
Phone
(133) 282-8111
Fax
813-4333-9954
Employees
101,000
Year Founded
2001

Profitability

EPS (Most Recent Fiscal Year)
$0.92
Trailing P/E Ratio
9.41
Forward P/E Ratio
9.95
P/E Growth
1.59
Net Income
$4.54 billion
Net Margins
15.18%
Pretax Margin
N/A
Return on Equity
7.45%
Return on Assets
0.36%

Debt

Debt-to-Equity Ratio
1.89
Current Ratio
1.04
Quick Ratio
1.03

Sales & Book Value

Annual Sales
$3.78 trillion
Price / Sales
0.02
Cash Flow
$1.48 per share
Price / Cash Flow
5.86
Book Value
$12.89 per share
Price / Book
0.67

Miscellaneous

Outstanding Shares
6,873,456,000
Free Float
6,870,019,000
Market Cap
$59.52 billion
Optionable
Optionable
Beta
0.69

Social Links


Key Executives

  • 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions













SMFG Stock - Frequently Asked Questions

Should I buy or sell Sumitomo Mitsui Financial Group stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Mitsui Financial Group in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SMFG shares.
View SMFG analyst ratings or view top-rated stocks.

How have SMFG shares performed in 2023?

Sumitomo Mitsui Financial Group's stock was trading at $8.02 at the beginning of 2023. Since then, SMFG stock has increased by 8.0% and is now trading at $8.66.
View the best growth stocks for 2023 here.

Are investors shorting Sumitomo Mitsui Financial Group?

Sumitomo Mitsui Financial Group saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 5,490,000 shares, an increase of 21.5% from the December 15th total of 4,520,000 shares. Based on an average trading volume of 3,450,000 shares, the short-interest ratio is currently 1.6 days. Approximately 0.1% of the shares of the stock are sold short.
View Sumitomo Mitsui Financial Group's Short Interest.

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

The company is scheduled to release its next quarterly earnings announcement on Friday, May 12th 2023.
View our SMFG earnings forecast.

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

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) announced its quarterly earnings data on Monday, November, 14th. The bank reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.12. The bank had revenue of $11.48 billion for the quarter. Sumitomo Mitsui Financial Group had a net margin of 15.18% and a trailing twelve-month return on equity of 7.45%.

Is Sumitomo Mitsui Financial Group a good dividend stock?

Sumitomo Mitsui Financial Group (NYSE:SMFG) pays an annual dividend of $0.28 per share and currently has a dividend yield of 3.21%. The dividend payout ratio is 30.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 30.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SMFG.

What is Takeshi Kunibe's approval rating as Sumitomo Mitsui Financial Group's CEO?

102 employees have rated Sumitomo Mitsui Financial Group Chief Executive Officer Takeshi Kunibe on Glassdoor.com. Takeshi Kunibe has an approval rating of 89% among the company'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 a number of retail and institutional investors. Top institutional investors include Natixis Advisors L.P. (0.01%), Anderson Hoagland & Co. (0.01%), Crossmark Global Holdings Inc. (0.01%), Gilman Hill Asset Management LLC (0.01%), Bank of Montreal Can (0.01%) and Greenleaf Trust (0.00%).

How do I buy shares of Sumitomo Mitsui Financial Group?

Shares of SMFG stock 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 $8.66.

How much money does Sumitomo Mitsui Financial Group make?

Sumitomo Mitsui Financial Group (NYSE:SMFG) has a market capitalization of $59.52 billion and generates $36.62 billion in revenue each year. The bank earns $4.54 billion in net income (profit) each year or $0.92 on an earnings per share basis.

How many employees does Sumitomo Mitsui Financial Group have?

The company employs 101,000 workers across the globe.

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 official website for the company is www.smfg.co.jp. The bank can be reached via phone at (133) 282-8111 or via fax at 813-4333-9954.

This page (NYSE:SMFG) was last updated on 2/4/2023 by MarketBeat.com Staff