S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Positive News SentimentPositive News
NYSE:SMFG

Sumitomo Mitsui Financial Group (SMFG) Stock Forecast, Price & News

$8.90
0.00 (0.00%)
(As of 08/11/2023 08:48 PM ET)
Compare
Today's Range
$8.89
▼
$8.94
50-Day Range
$8.16
▼
$9.46
52-Week Range
$5.39
▼
$9.58
Volume
817,300 shs
Average Volume
2.85 million shs
Market Capitalization
$59.52 billion
P/E Ratio
10.35
Dividend Yield
3.15%
Price Target
N/A
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Sumitomo Mitsui Financial Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.05% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
6.82%
From $0.88 to $0.94 Per Share

Overall MarketRank™

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

2.43 out of 5 stars

Finance Sector

355th out of 866 stocks

Commercial Banks, Not Elsewhere Classified Industry

13th out of 29 stocks

See Top Rated MarketRank™ Stocks Here

SMFG stock logo

About Sumitomo Mitsui Financial Group (NYSE:SMFG) Stock

Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides banking, leasing, securities, credit card, and consumer finance services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit segments. The company was incorporated in 2002 and is headquartered in Tokyo, Japan.

SMFG Price History

SMFG Stock News Headlines

August 3, 2023 | msn.com
Sumitomo Mitsui Financial Group Inc - ADR (SMFG) Price Target Decreased by 13.87% to 12.85
July 31, 2023 | benzinga.com
Peering Into Sumitomo Mitsui Finl Gr's Recent Short Interest
August 14, 2023 | Vector Vest (Ad)
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July 31, 2023 | finance.yahoo.com
Japan's megabanks eye BOJ boost after solid first quarter
July 31, 2023 | finance.yahoo.com
UPDATE 2-Japan's megabanks eye BOJ boost after solid first quarter
July 28, 2023 | finance.yahoo.com
BOJ Sends Yields Soaring With Surprise Change to Rate Limit
July 13, 2023 | msn.com
Ahead of bank earnings, these names have seen the highest 2023 returns so far
July 12, 2023 | msn.com
How Is The Market Feeling About Sumitomo Mitsui Finl Gr?
August 14, 2023 | Behind the Markets (Ad)
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July 12, 2023 | finance.yahoo.com
Japan's Sumitomo Mitsui launches US digital bank
June 30, 2023 | msn.com
Sumitomo Mitsui Financial Group: Potential Diversification Play Is Not Attractive Enough
June 23, 2023 | msn.com
SMFG India Credit Co readies growth plan
June 19, 2023 | finance.yahoo.com
Exclusive - Japan regulator sounded out top domestic banks about China risks, sources say
June 9, 2023 | finance.yahoo.com
Even Japan Wants More Foreign Workers, and It Is Letting Them Stay for Good
May 30, 2023 | finance.yahoo.com
Japan Jobless Rate Falls in Potential Future Boost for BOJ Goal
May 15, 2023 | msn.com
UPDATE 2-Japan's top banks expect solid profits, MUFG sees record year
April 20, 2023 | finance.yahoo.com
BOJ Said to Be Wary Tweaking YCC Soon After Banking Crisis
April 19, 2023 | ft.com
Japan’s SMFG resumes AT1 bond sales in first big issuance since Credit Suisse wipeout
April 19, 2023 | msn.com
UPDATE 2-Japan's SMFG is first global bank to sell AT1 bonds since C.Suisse wipeout
April 19, 2023 | msn.com
SMFG becomes first big Japan bank to sell AT1 bonds since Credit Suisse's debt wipeout
April 19, 2023 | msn.com
Japan's SMFG plans to go ahead with AT1 bond issuance - source
April 18, 2023 | benzinga.com
SMBC Capital Markets Appoints Gareth Hughes Head of Trading
April 10, 2023 | seekingalpha.com
Sumitomo Mitsui Financial Group: Quite A Lot Of Foreign Bond Exposure, But Lots Of Cash
April 10, 2023 | finance.yahoo.com
Japan's three megabanks to face votes on climate change - sources
April 7, 2023 | finance.yahoo.com
Japan Real Wages Extend Fall in Challenge for Next BOJ Chief
April 4, 2023 | finance.yahoo.com
SMFG/Wall Street: hiring plan is well-timed — retention is a longer game
April 4, 2023 | finance.yahoo.com
Sumitomo Mitsui Wants Wall Street Bankers for US Expansion
See More Headlines
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SMFG Company Calendar

Last Earnings
5/15/2023
Today
8/13/2023
Next Earnings (Estimated)
11/13/2023
Fiscal Year End
3/31/2024
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
106,000
Year Founded
2001

Profitability

EPS (Most Recent Fiscal Year)
$0.86
Trailing P/E Ratio
10.35
Forward P/E Ratio
10.11
P/E Growth
1.9
Net Income
$6.83 billion
Net Margins
11.19%
Pretax Margin
22.60%
Return on Equity
6.62%
Return on Assets
0.32%

Debt

Debt-to-Equity Ratio
2.08
Current Ratio
1.06
Quick Ratio
1.06

Sales & Book Value

Annual Sales
$45.46 billion
Price / Sales
1.31
Cash Flow
$1.28 per share
Price / Cash Flow
6.94
Book Value
$14.66 per share
Price / Book
0.61

Miscellaneous

Outstanding Shares
6,687,650,000
Free Float
6,684,301,000
Market Cap
$59.52 billion
Optionable
Optionable
Beta
0.69

Social Links

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Key Executives

  • Mr. Jun Ohta (Age 65)
    Pres, Group CEO & Director
    Comp: $941.48k
  • Jun Uchikawa (Age 58)
    Sr. Managing Corp. Exec. Officer, Group CIO & GM of IT Planning Dept.
    Comp: $449.66k
  • Fumihiko Ito
    Sr. Managing Exec. Officer, Group CFO, Group CSO & Director
  • Jun Okahashi
    Gen. Mang. of Financial & Accounting Department
  • Mr. Kohei Ohashi
    SVP (IR Department)
  • Yoshihiro Hyakutome (Age 58)
    Sr. Managing Exec. Officer & Group Chief Compliance Officer
  • Mr. Takashi Kobayashi (Age 60)
    Sr. Managing Corp. Exec. Officer & Group CHRO
  • Mr. Takeshi Mikami (Age 57)
    Sr. Managing Corp. Exec. Officers & Group CAE
  • Naoki Tamura (Age 62)
    Sr. Managing Exec. Officer & Sr. MD of Retail Bus. Division
  • Mr. Kimio Matsuura (Age 63)
    Sr. Managing Exec. Officer & GM of Joint Bus. Division - Wholesale Bus. Division

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













SMFG Stock - Frequently Asked Questions

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

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Mitsui Financial Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate 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 the year. Since then, SMFG stock has increased by 11.0% and is now trading at $8.90.
View the best growth stocks for 2023 here.

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

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our SMFG earnings forecast.

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

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) released its quarterly earnings data on Monday, May, 15th. The bank reported $0.12 earnings per share for the quarter. The bank had revenue of $13.32 billion for the quarter. Sumitomo Mitsui Financial Group had a trailing twelve-month return on equity of 6.62% and a net margin of 11.19%.

What ETFs hold Sumitomo Mitsui Financial Group's stock?

ETFs with the largest weight of Sumitomo Mitsui Financial Group (NYSE:SMFG) stock in their portfolio include Invesco International Dividend Achievers ETF (PID) and ActivePassive International Equity ETF (APIE).Avantis International Large Cap Value ETF (AVIV).

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 3.10%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 32.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 29.79% 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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.09%), Northern Trust Corp (0.06%), Dimensional Fund Advisors LP (0.03%), Renaissance Technologies LLC (0.03%), Envestnet Asset Management Inc. (0.03%) and JPMorgan Chase & Co. (0.01%).

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 $8.90.

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 $45.46 billion in revenue each year. The bank earns $6.83 billion in net income (profit) each year or $0.86 on an earnings per share basis.

How many employees does Sumitomo Mitsui Financial Group have?

The company employs 106,000 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 8/14/2023 by MarketBeat.com Staff

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