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Sumitomo Mitsui Financial Group, Inc.

8316.T

Latest Trade

4,062.00JPY

Change

6.00(+0.15%)

Volume

4,014,200

Today's Range

4,041.00

 - 

4,067.00

52 Week Range

3,380.00

 - 

4,167.00

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

Pricing

Previous Close
4,056.00
Open
4,043.00
Volume
4,014,200
3M AVG Volume
91.44
Today's High
4,067.00
Today's Low
4,041.00
52 Week High
4,167.00
52 Week Low
3,380.00
Shares Out (MIL)
1,369.47
Market Cap (MIL)
5,569,584.00
Forward P/E
7.77
Dividend (Yield %)
4.56

Next Event

Q3 2020 Sumitomo Mitsui Financial Group Inc Earnings Release

Latest Developments

More

Sumitomo Mitsui Banking Corp Partners With Shenzhen Stock Exchange Unit - Nikkei

Sumitomo Mitsui Banking Corp Scraps Sales Quotas For Retail Financial Products - Nikkei

Japan's 3 Top Banks To Inject 1 Trln Yen In Toshiba Memory - Nikkei

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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

+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

Yasuyuki Kawasaki

Vice Chairman

Toru Nakashima

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

Tetsuya Kubo

Chairman of Subsidiary, Director

Key Stats

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

2017

5.1K

2018

5.8K

2019

5.7K

2020(E)

5.6K
EPS (JPY)

2017

516.000

2018

520.670

2019

519.950

2020(E)

521.692
Price To Earnings (TTM)
8.20
Price To Sales (TTM)
1.31
Price To Book (MRQ)
0.51
Price To Cash Flow (TTM)
5.74
Total Debt To Equity (MRQ)
397.98
LT Debt To Equity (MRQ)
189.34
Return on Investment (TTM)
--
Return on Equity (TTM)
0.35

Latest News

Latest News

SMFG aims to expand into brokerage, consumer finance in Asia - CEO

Japan's Sumitomo Mitsui Financial Group Inc (SMFG) plans to expand into brokerage and consumer finance banking businesses in Asia to offset the impact of slow economic growth at home, its chief executive told Reuters.

Japan's SMFG most serious bidder for Indonesia's Bank Permata stake - regulator

Japan's SMFG is the most serious bidder competing for a stake in Indonesia's PT Bank Permata <BNLI.JK>, Slamet Edy Purnomo, a deputy commissioner at Indonesia Financial Service Regulator (OJK), said on Friday.

Japan's SMFG most serious bidder for Indonesia's Bank Permata stake -regulator

Bidders for a stake in Indonesia's PT Bank Permata are now down to two foreign investors, Slamet Edy Purnomo, a deputy commissioner at Indonesia Financial Service Regulator (OJK), said on Friday.

SMFG's chances of buying Permata improve after Singapore banks drop out: sources

Sumitomo Mitsui Financial Group's (SMFG) <8316.T> chances of snapping up Indonesia's PT Bank Permata <BNLI.JK> have improved after two key rivals dropped out of the race to buy the $2.4 billion-valued lender, sources said on Friday.

Japan's SMFG boosted after two rivals drop out from Bank Permata bidding-sources

Sumitomo Mitsui Financial Group's (SMFG) chances of acquiring a majority stake in PT Bank Permata have improved after two key rivals dropped out of the race to buy the $2.4 billion-valued Indonesian lender, sources said.

UPDATE 2-Japan's SMFG reports drop in H1 profit as retail banking business stagnates

* Keeps full-year net profit forecast at Y700 bln (Adds retail and market division's performance, CEO comment)

Japan's SMFG reports 8.6% drop in H1 profit as retail business stagnates

Sumitomo Mitsui Financial Group Inc (SMFG), Japan's second-largest lender by assets, reported on Wednesday an 8.6% drop in first-half net profit, saying its retail business struggled under sluggish market conditions.

Japan's SMFG, Singapore's OCBC compete for majority stake in Indonesian bank: sources

Sumitomo Mitsui Financial Group (SMFG) <8316.T> and Singapore lender OCBC Group Holdings <OCBC.SI> are vying to buy Indonesia's PT Bank Permata <BNLI.JK> and are working on respective offers, sources familiar with the matter said on Thursday.Japanese and other Asian banks...

SMFG, OCBC competing to buy majority stake in Indonesia's Bank Permata-sources

Sumitomo Mitsui Financial Group (SMFG) and Singapore lender OCBC Group Holdings are working on competing offers for Indonesia's PT Bank Permata, sources familiar with the matter said on Thursday.

Japan's SMFG to buy British asset manager to bolster fee-based revenue

Sumitomo Mitsui Financial Group (SMFG) <8316.T> said on Friday it would acquire British asset manager TT International, in a move to generate a fee-based revenue and attract Japanese investors hamstrung by low domestic returns.

Japan's SMFG to acquire British asset manager for $190 mln - Nikkei

Sumitomo Mitsui Financial Group (SMFG) will acquire British asset manager TT International for about 20 billion yen ($188 million), the Nikkei reported on Friday.

UPDATE 1-Japan's SMFG says first-quarter net profit fell 5% as retail business struggles

* First-quarter net profit Y216 bln vs Y227 bln a year earlier

Japan's SMFG says first-quarter net profit fell 5% as retail business struggles

Sumitomo Mitsui Financial Group Inc (SMFG) on Tuesday reported a 5% decline in first-quarter net profit, saying its retail business was hit by adverse market conditions.

Japanese lender SMFG eyes Philippines, India in Asia growth push

Sumitomo Mitsui Financial Group (SMFG) aims to expand its business in Asia and is looking at the Philippines, India and Myanmar for possible future investment, the CEO of Japan's second-largest bank by assets said.

BRIEF-UBS Will Hold Majority In JV With Sumitomo -Handelsblatt

* New offering to Japanese clients scheduled to be available at end of 2019

Japan's SMFG posts slight profit decline, sees further weakness

Sumitomo Mitsui Financial Group Inc (SMFG) on Wednesday posted a 1% decline in net profit for the year through March, and flagged a further decrease this year reflecting the chronic battle for Japanese banks as face ultra-loose monetary policy.

SMFG weighs acquiring Asia banks to use some of $12 bln surplus capital

Sumitomo Mitsui Financial Group (SMFG) wants to acquire Asian commercial banks, utilising some of the up to $12 billion in surplus capital that Japan's third-largest lender expects to build up over the next five years, its chief executive said.

Indonesian regulator approves merger of BTPN, Sumitomo Mitsui unit

Indonesia Financial Service Authority (OJK) has approved the merger of PT Bank Tabungan Pensiunan Nasional (BTPN) <BTPN.JK> and PT Bank Sumitomo Mitsui Indonesia, the banks said on Friday.

UPDATE 3-Japan's SMFG names finance chief Ota as bank's new CEO

* Ota is currently finance and strategy chief (Adds comments from Kunibe, Ota)

UPDATE 1-Japan bank SMFG names finance chief Ota as CEO

Sumitomo Mitsui Financial Group (SMFG) Inc on Friday named finance head Jun Ota as chief executive of Japan's third-largest lender.

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

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