Sumitomo Mitsui Financial
SMFG
Market cap $98.7B

15.29 USD

+0.40

2.69%

Updated Mar 12, 3:59 PM EDT

1 day

2.69%

5 days

-1.29%

1 month

4.51%

3 months

2.55%

6 months

19.64%

Year to date

6.18%

1 year

29.91%

5 years

212.04%

10 years

92.09%

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

Financials Commercial Banks

0

Funds holding %

of 7,363 funds

–

Analysts bullish %

Fund manager confidence

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

12,702% more call options, than puts

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

64% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 28

49% more repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 99

26% more capital invested

Capital invested by funds: $1.17B [Q3] → $1.48B (+$309M) [Q4]

4% more funds holding

Funds holding: 330 [Q3] → 342 (+12) [Q4]

4.64% less ownership

Funds ownership: 7.24% [Q3] → 2.61% (-4.64%) [Q4]

See Fund Rankings

Research analyst outlook

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

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about SMFG published over the past 30 days

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

Zacks Investment Research

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

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

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

Zacks Investment Research

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

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

SMBC MANUBANK Announces Multiple Key Hires Across Credit, Accounting, and Technology Functions to Support Growth

LOS ANGELES--(BUSINESS WIRE)--Bank welcomes Michael Trivich, MD, Chief Credit Officer; Monica Sparks, ED, Chief Accounting Officer; & Jeff Jones, MD, Chief Information Officer.

SMBC MANUBANK Announces Multiple Key Hires Across Credit, Accounting, and Technology Functions to Support Growth

Sumitomo Mitsui: Many Ways To Win

Sumitomo Mitsui's fundamentals remain robust. The macro overhang is slowly clearing as well. A stubborn book value discount keeps the risk/reward very favorable.

Sumitomo Mitsui: Many Ways To Win

Zacks Investment Research

SMFG or HDB: Which Is the Better Value Stock Right Now?

Investors with an interest in Banks - Foreign stocks have likely encountered both Sumitomo Mitsui (SMFG) and HDFC Bank (HDB). But which of these two stocks is more attractive to value investors?

SMFG or HDB: Which Is the Better Value Stock Right Now?

Zacks Investment Research

All You Need to Know About Sumitomo Mitsui (SMFG) Rating Upgrade to Strong Buy

Sumitomo Mitsui (SMFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About Sumitomo Mitsui (SMFG) Rating Upgrade to Strong Buy

See News Rankings

Charts implemented using Lightweight Charts™