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Sumitomo Mitsui Financial Group (SMFG) Competitors

$13.68
-0.03 (-0.22%)
(As of 07/12/2024 ET)

SMFG vs. RY, MUFG, HDB, IBN, TD, SAN, ING, BMO, BBVA, and LYG

Should you be buying Sumitomo Mitsui Financial Group stock or one of its competitors? The main competitors of Sumitomo Mitsui Financial Group include Royal Bank of Canada (RY), Mitsubishi UFJ Financial Group (MUFG), HDFC Bank (HDB), ICICI Bank (IBN), Toronto-Dominion Bank (TD), Banco Santander (SAN), ING Groep (ING), Bank of Montreal (BMO), Banco Bilbao Vizcaya Argentaria (BBVA), and Lloyds Banking Group (LYG). These companies are all part of the "commercial banks, not elsewhere classified" industry.

Sumitomo Mitsui Financial Group vs.

Sumitomo Mitsui Financial Group (NYSE:SMFG) and Royal Bank of Canada (NYSE:RY) are both large-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, valuation, profitability, media sentiment, community ranking, earnings, analyst recommendations and dividends.

Royal Bank of Canada received 463 more outperform votes than Sumitomo Mitsui Financial Group when rated by MarketBeat users. However, 66.13% of users gave Sumitomo Mitsui Financial Group an outperform vote while only 55.59% of users gave Royal Bank of Canada an outperform vote.

CompanyUnderperformOutperform
Sumitomo Mitsui Financial GroupOutperform Votes
248
66.13%
Underperform Votes
127
33.87%
Royal Bank of CanadaOutperform Votes
711
55.59%
Underperform Votes
568
44.41%

Sumitomo Mitsui Financial Group has a beta of 0.62, meaning that its share price is 38% less volatile than the S&P 500. Comparatively, Royal Bank of Canada has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500.

Royal Bank of Canada has a net margin of 12.12% compared to Sumitomo Mitsui Financial Group's net margin of 10.32%. Royal Bank of Canada's return on equity of 14.87% beat Sumitomo Mitsui Financial Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Sumitomo Mitsui Financial Group10.32% 7.52% 0.38%
Royal Bank of Canada 12.12%14.87%0.81%

In the previous week, Royal Bank of Canada had 8 more articles in the media than Sumitomo Mitsui Financial Group. MarketBeat recorded 9 mentions for Royal Bank of Canada and 1 mentions for Sumitomo Mitsui Financial Group. Sumitomo Mitsui Financial Group's average media sentiment score of 1.45 beat Royal Bank of Canada's score of 0.88 indicating that Sumitomo Mitsui Financial Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Sumitomo Mitsui Financial Group
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Royal Bank of Canada
5 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

3.9% of Sumitomo Mitsui Financial Group shares are owned by institutional investors. Comparatively, 45.3% of Royal Bank of Canada shares are owned by institutional investors. 0.1% of Sumitomo Mitsui Financial Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Sumitomo Mitsui Financial Group pays an annual dividend of $0.27 per share and has a dividend yield of 2.0%. Royal Bank of Canada pays an annual dividend of $4.08 per share and has a dividend yield of 3.7%. Sumitomo Mitsui Financial Group pays out 27.0% of its earnings in the form of a dividend. Royal Bank of Canada pays out 50.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Royal Bank of Canada has higher revenue and earnings than Sumitomo Mitsui Financial Group. Sumitomo Mitsui Financial Group is trading at a lower price-to-earnings ratio than Royal Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Sumitomo Mitsui Financial Group$64.79B1.39$6.12B$1.0013.68
Royal Bank of Canada$87.48B1.80$11.02B$8.0613.80

Royal Bank of Canada has a consensus target price of $133.25, suggesting a potential upside of 19.82%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, analysts clearly believe Royal Bank of Canada is more favorable than Sumitomo Mitsui Financial Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sumitomo Mitsui Financial Group
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Royal Bank of Canada
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.88

Summary

Royal Bank of Canada beats Sumitomo Mitsui Financial Group on 17 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SMFG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SMFG vs. The Competition

MetricSumitomo Mitsui Financial GroupCommercial banks IndustryFinance SectorNYSE Exchange
Market Cap$90.11B$36.70B$10.31B$18.32B
Dividend Yield1.95%4.94%9.86%3.50%
P/E Ratio13.688.9943.0423.40
Price / Sales1.391.71113.8015.27
Price / Cash9.219.1015.8520.16
Price / Book0.801.112.455.07
Net Income$6.12B$3.13B$1.01B$972.20M
7 Day Performance-1.30%2.60%3.36%4.04%
1 Month Performance8.36%4.99%4.50%5.21%
1 Year Performance51.66%21.78%13.70%8.58%

Sumitomo Mitsui Financial Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RY
Royal Bank of Canada
4.7976 of 5 stars
4.80 / 5 stars
$110.76
+1.1%
$133.25
+20.3%
+14.4%$156.73B$87.48B13.7491,398Analyst Downgrade
News Coverage
High Trading Volume
MUFG
Mitsubishi UFJ Financial Group
2.2433 of 5 stars
2.24 / 5 stars
$11.20
+1.2%
N/A+43.9%$131.27B$82.36B12.87121,800Short Interest ↓
Positive News
HDB
HDFC Bank
1.8182 of 5 stars
1.82 / 5 stars
$60.35
-1.5%
N/A-10.5%$112.25B$49.29B18.51173,222Upcoming Earnings
Short Interest ↑
Positive News
IBN
ICICI Bank
0.9592 of 5 stars
0.96 / 5 stars
$29.45
+0.2%
N/A+24.7%$103.35B$1.62T21.19157,799Stock Split
Short Interest ↑
News Coverage
TD
Toronto-Dominion Bank
4.0425 of 5 stars
4.04 / 5 stars
$55.82
-0.2%
$88.00
+57.7%
-10.6%$97.53B$75.05B12.69103,257News Coverage
SAN
Banco Santander
4.6049 of 5 stars
4.60 / 5 stars
$4.85
+3.0%
N/A+24.6%$76.75B$62.14B6.74212,764Short Interest ↓
Positive News
ING
ING Groep
3.5896 of 5 stars
3.59 / 5 stars
$18.09
+1.1%
N/A+25.4%$63.28B$22.42B8.0046,000Short Interest ↓
Positive News
BMO
Bank of Montreal
4.8968 of 5 stars
4.90 / 5 stars
$85.27
+0.8%
$127.50
+49.5%
-6.4%$62.19B$50.48B14.1656,000Short Interest ↓
News Coverage
Positive News
High Trading Volume
BBVA
Banco Bilbao Vizcaya Argentaria
3.2483 of 5 stars
3.25 / 5 stars
$10.49
+2.2%
N/A+33.6%$61.24B$31.97B7.14121,486Short Interest ↓
Positive News
LYG
Lloyds Banking Group
4.3257 of 5 stars
4.33 / 5 stars
$2.96
+0.7%
$49.38
+1,568.1%
+29.6%$46.53B$44.03B7.7962,569Short Interest ↑

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This page (NYSE:SMFG) was last updated on 7/14/2024 by MarketBeat.com Staff

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