Sumitomo Mitsui Financial/$SMFG

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About Sumitomo Mitsui Financial

Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2024, its market share of domestic loans was 7.2%, compared with 8.0% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.

Ticker

$SMFG

Primary listing

NYSE

Industry

Banks

Headquarters

Tokyo, Japan

Employees

120,000

ISIN

US86562M2098

SMFG Metrics

BasicAdvanced
$96B
7.17
$2.08
0.22
$0.33
2.57%

What the Analysts think about SMFG

Analyst ratings (Buy, Hold, Sell) for Sumitomo Mitsui Financial stock.

Bulls say / Bears say

SMFG achieved a record annual net profit of 1.18 trillion yen for the 2024 fiscal year, driven by increased corporate borrowing and the end of Japan's deflation, indicating strong financial performance. (reuters.com)
The company forecasts a net profit exceeding 1.2 trillion yen for the fiscal year starting April 2025, reflecting confidence in sustained growth and profitability. (reuters.com)
SMFG's online banking app, Olive, has exceeded expectations and is expected to turn a profit ahead of schedule, showcasing successful digital innovation. (reuters.com)
SMFG experienced a 75% decline in net profit during the fourth quarter, raising concerns about earnings volatility. (reuters.com)
The company's outlook faces uncertainty due to U.S. tariffs imposed in April 2025, potentially reducing this year's profit by about 100 billion yen. (reuters.com)
SMFG reported an after-tax loss of $560 million from the sale of its U.S. freight car leasing unit, indicating challenges in asset management. (yahoo.com)
Data summarised monthly by Lightyear AI. Last updated on 26 Jun 2025.

SMFG Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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