for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Sumitomo Mitsui Financial Group, Inc.

8316.T

Latest Trade

3,002.00JPY

Change

35.50(+1.20%)

Volume

4,658,400

Today's Range

2,967.00

 - 

3,011.00

52 Week Range

2,507.50

 - 

4,145.00

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

Pricing

Previous Close
2,966.50
Open
3,000.00
Volume
4,658,400
3M AVG Volume
117.89
Today's High
3,011.00
Today's Low
2,967.00
52 Week High
4,145.00
52 Week Low
2,507.50
Shares Out (MIL)
1,370.40
Market Cap (MIL)
4,076,090.00
Forward P/E
--
Dividend (Yield %)
6.40

Next Event

Q2 2021 Sumitomo Mitsui Financial Group Inc Earnings Release

Latest Developments

More

SMBC CEO says does not expect any 737 MAX cancelations at this point

Japan's Sumitomo Mitsui Financial Group Says Expects 450 Billion Yen Credit-Related Costs In Current Business Year Amid Virus Outbreak

Mizuho To End New Financing For Coal-Fired Power Plants - Nikkei

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

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

2.14 mean rating - 14 analysts
Sell
Hold
Buy
Revenue (MM, JPY)

2018

5.8K

2019

5.7K

2020

5.3K

2021(E)

4.1K
EPS (JPY)

2018

520.670

2019

519.950

2020

511.870

2021(E)

335.777
Price To Earnings (TTM)
7.08
Price To Sales (TTM)
1.04
Price To Book (MRQ)
0.37
Price To Cash Flow (TTM)
5.01
Total Debt To Equity (MRQ)
451.84
LT Debt To Equity (MRQ)
230.17
Return on Investment (TTM)
--
Return on Equity (TTM)
0.27

Latest News

Latest News

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 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 <8316.T> will tie up with internet brokerage SBI Holdings <8473.T> 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...

UPDATE 1-Japan's SMFG Q3 net profit rises 8.3%, maintains outlook

* Net interest income fell 6.3% year on year (Adds details on results, background)

Japan's SMFG net profit rises 8.3% in Q3, maintains outlook

Sumitomo Mitsui Financial Group Inc (SMFG), Japan's second largest lender by assets, reported on Thursday an 8.3% rise in third-quarter net profit due partly to market division's performance.

Japan's SMFG brokerage arm plans to set up wholly-owned firm in China: CEO

The brokerage arm of Japan's Sumitomo Mitsui Financial Group Inc <8316.T> is planning to start a wholly-owned firm in China, its chief executive said, as the country sets out to open up its vast financial sector in 2020.

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.

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

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up