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Sumitomo Mitsui Financial Group, Inc.

8316.T

Latest Trade

3,910.00JPY

Change

61.00(+1.58%)

Volume

3,413,900

Today's Range

3,899.00

 - 

3,974.00

52 Week Range

2,632.00

 - 

4,354.00

As of on the Tokyo Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
3,849.00
Open
3,927.00
Volume
3,413,900
3M AVG Volume
165.90
Today's High
3,974.00
Today's Low
3,899.00
52 Week High
4,354.00
52 Week Low
2,632.00
Shares Out (MIL)
1,370.43
Market Cap (MIL)
5,332,650.00
Forward P/E
10.83
Dividend (Yield %)
5.02

Next Event

Full Year 2021 Sumitomo Mitsui Financial Group Inc Earnings Release

Latest Developments

More

Sumitomo Mitsui Financial Group Bought Shares In Hainan Meilan International Airport On Feb 26 - Filing

Sumitomo Mitsui Financial Group's Long Position In Hainan Meilan International Airport Increases To 6.0% - Filing

Sumitomo Mitsui Financial Group Inc Bought H-Shares In Hainan Meilan Int'l Airport On Jan 21 - Filing

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About Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Financial Group, Inc. is a Japan-based company engaged in the commercial banking, leasing, securities and consumer finance business. The Company has five business segments. The Wholesale segment is engaged in the banking, leasing and securities business, as well as the venture capital business and management consulting services business for domestic large companies. The Retail segment is engaged in the banking, securities, credit cards and consumer finance business, as well as pension management business for domestic individuals and small corporate customers. The International segment is engaged in the banking, leasing and securities business, as well as swap-related business for overseas Japanese and non-Japanese companies. The Market segment is engaged in the banking, securities and other financial markets related businesses. The Head Office Management segment is engaged in the system development, information processing, investment management and other businesses.

Industry

Regional Banks

Contact Info

1-1-2, Marunouchi

CHIYODA-KU, TKY

100-0005

Japan

+81.3.32828111

https://www.smfg.co.jp/

Executive Leadership

Takashi Kunibe

Chairman of the Board

Jun Ohta

Executive President, Group Chief Executive Officer, Representative Executive Officer, Director

Toru Nakashima

Group Chief Financial Officer, Senior Managing Executive Officer, Group CSO, Director

Toshikazu Yaku

Group Chief Human Resource Officer, Executive Vice President, Group Chief Compliance Officer, Representative Executive Officer

Gotaro Michihiro

Executive Vice President, Representative Executive Officer, Manager of Joint Project Business in Wholesale Business Unit

Key Stats

2.23 mean rating - 13 analysts
Sell
Hold
Buy
Revenue (MM, JPY)

2018

5.8K

2019

5.7K

2020

5.3K

2021(E)

3.6K
EPS (JPY)

2018

520.670

2019

519.950

2020

511.870

2021(E)

358.429
Price To Earnings (TTM)
10.10
Price To Sales (TTM)
1.51
Price To Book (MRQ)
0.46
Price To Cash Flow (TTM)
7.09
Total Debt To Equity (MRQ)
421.39
LT Debt To Equity (MRQ)
228.35
Return on Investment (TTM)
--
Return on Equity (TTM)
0.24

Latest News

Latest News

Japan's SMFG likely to halt all new lending for coal power, sources say

Sumitomo Mitsui Financial Group (SMFG) is likely to halt new financing for any coal-fired power plants, sources close to the matter said, reflecting increasing pressure on Japanese lenders to cut coal funding.

Japan's SMFG third-quarter net profit drops 8.4% on credit-related costs

Sumitomo Mitsui Financial Group Inc (SMFG), Japan's second-largest lender by assets, reported a 8.4% drop in third-quarter net profit on Tuesday primarily due to an increase in credit-related costs.

Japan's SMFG third-quarter net profit drops 8.4%

Sumitomo Mitsui Financial Group Inc (SMFG), Japan's second-largest lender by assets, reported on Tuesday a 8.4% drop in third-quarter net profit.

UPDATE 1-SBI Holdings, Sumitomo Mitsui FG to launch a digital stock exchange - sources

Japanese financial firms SBI Holdings and Sumitomo Mitsui Financial Group will launch a digital stock exchange to provide a trading platform alternative to the Tokyo Stock Exchange, sources said on Thursday.

SBI Holdings, Sumitomo Mitsui FG to launch a digitalized stock exchange - sources

Japanese financial firms SBI Holdings and Sumitomo Mitsui Financial Group will launch a digitalized stock exchange to provide an alternative trading platform to the Tokyo Stock Exchange, sources said on Thursday.

Japan's SMFG eyes buying bank in Indonesia after 'painful' defeat last year

Japan's second-largest lender Sumitomo Mitsui Financial Group Inc is eager to buy a commercial bank in Indonesia, its chief executive said, after a "painful" defeat last year in vying for mid-sized lender PT Bank Permata.

UPDATE 2-Sumitomo Mitsui leasing unit to buy property manager Kenedix for $1.3 bln

Sumitomo Mitsui Finance and Leasing Co has agreed to buy a majority stake in Japanese property investor Kenedix Inc for 132 billion yen ($1.3 billion) to expand its property business, the companies said on Friday.

Sumitomo Mitsui leasing unit to launch tender offer for Kenedix - Nikkei

Sumitomo Mitsui Finance and Leasing Co will announce plans on Friday to launch a tender offer bid for majority control of Japanese property investor Kenedix Inc in a deal valued at around 100 billion yen ($960 million), the Nikkei newspaper reported. ($1 = 103.7600 yen)...

Japan's top two banks take profit hits as bad debt costs rise

Japan's two biggest banks on Friday both reported first-half profits that tumbled by more than a third on a surge in costs from bad debts, highlighting the impact of the COVID-19 pandemic on the world's third-largest economy.

Japan's SMFG reports 38% drop in H1 net profit

Sumitomo Mitsui Financial Group Inc (SMFG), Japan's second-largest lender by assets, on Friday reported a 38% drop in half-year net profit, as revenue declined, reflecting the impact of the coronavirus pandemic.

UPDATE 1-Sumitomo Mitsui Trust finds uncounted shareholder votes at 975 client firms

Japan's Sumitomo Mitsui Trust Bank said on Thursday it had found about 3.4 million uncounted shareholder votes at 975 clients, after revelations of a botched count at Toshiba Corp's annual meeting.

Sumitomo Mitsui Trust finds uncounted shareholder votes at 975 client firms

Japan's Sumitomo Mitsui Trust Bank said on Thursday it had found about 3.4 million uncounted shareholder votes at 975 clients, after revelations of a botched count at Toshiba Corp's annual meeting.

UPDATE 1-Japan's SMFG net profit drops 60% due to credit costs

* Keeps full-year net profit forecast at 400 bln yen (Adds details)

SMFG to invest in British asset manager with eye on ESG bonds: sources

Sumitomo Mitsui Financial Group <8316.T> will invest up to $25 million in British asset manager Affirmative Investment Management (AIM), two sources said, becoming the first Japanese lender to partner with a specialist in ESG bond investments.

Japan's SMFG brokerage arm to set up office in Abu Dhabi

The brokerage arm of Japan's Sumitomo Mitsui Financial Group (SMFG) plans to set up an office in Abu Dhabi as it seeks to tap the $80 billion debt capital market (DCM) in the Middle East, its chief executive said.

Japan bank SMFG's annual profit misses view, flags virus costs in current year

Sumitomo Mitsui Financial Group <8316.T>, Japan's second largest lender by assets, reported on Friday a smaller than expected full-year net profit and flagged 450 billion yen ($4.20 billion) of credit-related costs this year amid the coronavirus outbreak.

Japan's SMFG, SBI to form smartphone service tie-up: Nikkei

Sumitomo Mitsui Financial Group Inc will tie up with internet brokerage SBI Holdings in a smartphone service business, the Nikkei newspaper reported on Monday, adding the two firms are expected to reach an agreement this week.

Japan's SMFG, SBI to form smartphone service tie-up -Nikkei

Sumitomo Mitsui Financial Group Inc will tie up with internet brokerage SBI Holdings in smartphone service business, the Nikkei newspaper reported on Monday, adding the two firms are expected to reach an agreement this week. (Reporting by Takashi Umekawa; editing by Jason...

Japan's SMFG to end lending for new coal-fired power plants

Japan's Sumitomo Mitsui Financial Group Inc (SMFG) said on Thursday it would no longer lend to new coal-fired power plants from May 1, a day after peer Mizuho Financial Group Inc said it would stop financing new coal power projects.

Japan's SMFG to end lending for new coal-fired power plants

Japan's Sumitomo Mitsui Financial Group Inc said on Thursday it would no longer lend to new coal-fired power plants from May 1, after peer Mizuho Financial Group Inc announced the previous day that it would stop financing new coal power projects. (Reporting by Takashi Umekawa...

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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