SMFG icon

Sumitomo Mitsui Financial

14.20 USD
-0.14
0.98%
At close Apr 30, 4:00 PM EDT
1 day
-0.98%
5 days
3.50%
1 month
-8.15%
3 months
-6.58%
6 months
11.20%
Year to date
-1.39%
1 year
25.44%
5 years
169.96%
10 years
61.55%
 

About: 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.

Employees: 129,600

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

12,702% more call options, than puts

Call options by funds: $50.6M | Put options by funds: $395K

68% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 28

48% more repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 100

28% more capital invested

Capital invested by funds: $1.16B [Q3] → $1.48B (+$327M) [Q4]

4% more funds holding

Funds holding: 330 [Q3] → 343 (+13) [Q4]

4.53% less ownership

Funds ownership: 7.14% [Q3] → 2.61% (-4.53%) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for SMFG.

Financial journalist opinion

Based on 3 articles about SMFG published over the past 30 days

Neutral
Business Wire
1 day ago
SMBC Americas Hires Greg Keeley as Chief Operating Officer
NEW YORK--(BUSINESS WIRE)--The SMBC Americas Division has hired Greg Keeley as Chief Operating Officer.
SMBC Americas Hires Greg Keeley as Chief Operating Officer
Positive
Zacks Investment Research
1 week ago
BDORY or SMFG: Which Is the Better Value Stock Right Now?
Investors interested in Banks - Foreign stocks are likely familiar with Banco Do Brasil SA (BDORY) and Sumitomo Mitsui (SMFG). But which of these two stocks presents investors with the better value opportunity right now?
BDORY or SMFG: Which Is the Better Value Stock Right Now?
Positive
Zacks Investment Research
3 weeks ago
BDORY or SMFG: Which Is the Better Value Stock Right Now?
Investors interested in Banks - Foreign stocks are likely familiar with Banco Do Brasil SA (BDORY) and Sumitomo Mitsui (SMFG). But which of these two stocks presents investors with the better value opportunity right now?
BDORY or SMFG: Which Is the Better Value Stock Right Now?
Positive
Zacks Investment Research
1 month ago
BDORY vs. SMFG: Which Stock Is the Better Value Option?
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Do Brasil SA (BDORY) and Sumitomo Mitsui (SMFG). But which of these two stocks presents investors with the better value opportunity right now?
BDORY vs. SMFG: Which Stock Is the Better Value Option?
Positive
Reuters
1 month ago
Japan's Sumitomo unit to buy Macquarie's helicopter leasing arm
Sumitomo Mitsui Finance and Leasing [RIC:RIC:SUMFL.UL] said on Monday its joint venture will acquire Macquarie Rotorcraft, the helicopter leasing business of financial giant Macquarie's asset management arm.
Japan's Sumitomo unit to buy Macquarie's helicopter leasing arm
Positive
Zacks Investment Research
2 months ago
Are You Looking for a Top Momentum Pick? Why Sumitomo Mitsui (SMFG) is a Great Choice
Does Sumitomo Mitsui (SMFG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Are You Looking for a Top Momentum Pick? Why Sumitomo Mitsui (SMFG) is a Great Choice
Neutral
GlobeNewsWire
2 months ago
Applied Digital Closes $375 Million Financing with SMBC to Support Ellendale HPC Campus
Sumitomo Mitsui Banking Corporation (“SMBC”) leads a $375 million financing for the Company's Ellendale High Performance Computing (“HPC”) data center campus (the “Ellendale HPC Campus”) Provides further validation of the Ellendale HPC Campus through a partnership with one of the world's leading data center financing platforms DALLAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure for HPC applications, announced today that the Company, through its HPC subsidiary APLD HPC Holdings LLC (“APLDH”), closed a $375 million financing with SMBC. The Company used a portion of the proceeds to repay its obligations under the Macquarie Capital senior secured note, and the remaining proceeds are intended to be used to advance the development of the first and second data center buildings at the Ellendale HPC Campus.
Applied Digital Closes $375 Million Financing with SMBC to Support Ellendale HPC Campus
Positive
Seeking Alpha
2 months ago
Sumitomo Mitsui: Margin Improvement And Portfolio Restructuring Efforts Are Key Merits
I maintain my Buy rating for Sumitomo Mitsui Financial due to favorable NIM prospects and significant progress in portfolio rationalization, warranting a higher valuation. SMFG's NIM is expected to improve, driven by a favorable rate environment and lower funding costs, with a projected +10% net profit increase in FY26. The bank is optimizing its portfolio by divesting non-core financial investments and reallocating capital to more profitable segments, enhancing its Return On Equity.
Sumitomo Mitsui: Margin Improvement And Portfolio Restructuring Efforts Are Key Merits
Positive
Zacks Investment Research
3 months ago
Sumitomo Mitsui Considers Expanding Collaboration With Jefferies
SMFG plans to boost its partnership with JEF to explore new business areas such as equity trading and drive growth in the Asia-Pacific region.
Sumitomo Mitsui Considers Expanding Collaboration With Jefferies
Positive
Seeking Alpha
4 months ago
Japanese Banks Post Efficiency Gains As Interest Rate Hikes Boost Profits
Major Japanese banks logged gains in efficiency measured by their cost-to-income ratios over the 12 months ended Sept. 30, helped by improved profits.
Japanese Banks Post Efficiency Gains As Interest Rate Hikes Boost Profits
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