SMFG: Sumitomo Mitsui Financial Group, Inc.
About
Sumitomo Mitsui Financial Group, Inc. operates as a holding company, which engages in the management of its subsidiaries that provide financial services. It operates through the following segments: Commercial Banking, Leasing, Securities, and Consumer Finance. The Commercial Banking segment consists of consumer banking, middle market banking, wholesale banking, retail banking, international banking, and treasury units. The Leasing segment provides leasing services that include equipment, operating, leveraged, and aircraft operating leases. The Securities segment offers financial products, investment consultation and administration services to individual and corporate customers. The Consumer Finance segment handles domestic credit card business, consumer loans and loan guarantee businesses. The company was founded on December 2, 2002 and is headquartered in Tokyo, Japan.
Current Value
$13.981 Year Return
Current Value
$13.981 Year Return
Key Details
Market Cap
$92.69B
P/E Ratio
12.13
1Y Stock Return
43.10%
1Y Revenue Growth
16.97%
Dividend Yield
2.46%
Price to Book
0.9
Strategies that include SMFG
Stock's related to SMFG
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MUFG | 88.41% | $138.35B | +39.37% | 1.09% |
| MFG | 88.35% | $63.12B | +43.52% | 1.44% |
| NMR | 57.97% | $17.79B | +45.76% | 1.59% |
| IX | 47.45% | $24.86B | +20.18% | 1.69% |
| AEIS | 43.22% | $4.20B | +16.90% | 0.27% |
| ADEA | 41.74% | $1.20B | +17.45% | 1.74% |
| PRU | 41.18% | $44.36B | +32.25% | 5.15% |
| JHG | 40.95% | $6.98B | +70.89% | 3.56% |
| PDFS | 40.44% | $1.17B | -2.56% | 0.00% |
| FUN | 40.08% | $4.60B | -16.51% | 0.00% |
| LFUS | 39.26% | $5.90B | +1.26% | 1.12% |
| C | 39.22% | $129.74B | +52.14% | 3.18% |
| ACA | 39.07% | $5.12B | +42.71% | 0.19% |
| EVR | 38.82% | $11.45B | +108.92% | 1.04% |
| RMBS | 38.43% | $5.57B | -21.87% | 0.00% |
| HSBC | 38.15% | $167.25B | +22.83% | 6.59% |
| ECVT | 38.11% | $944.90M | -15.61% | 0.00% |
| NWG | 38.00% | $41.67B | +93.64% | 4.45% |
| INTC | 37.97% | $104.37B | -44.55% | 1.55% |
| FHN | 37.84% | $10.66B | +66.34% | 2.99% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -21.09% | $21.46B | +15.84% | 1.11% |
| CL | -20.36% | $76.48B | +22.25% | 2.12% |
| GAN | -17.21% | $83.39M | +21.19% | 0.00% |
| GIS | -15.79% | $34.85B | -2.91% | 3.78% |
| CME | -14.23% | $82.76B | +9.21% | 1.98% |
| AMT | -14.21% | $94.00B | +1.83% | 3.29% |
| DAO | -13.52% | $159.28M | +25.62% | 0.00% |
| K | -13.51% | $27.77B | +52.50% | 2.79% |
| ASPS | -12.96% | $22.36M | -80.26% | 0.00% |
| CLX | -10.49% | $20.81B | +20.66% | 2.88% |
| UTZ | -10.28% | $1.37B | +26.87% | 1.41% |
| CRIS | -10.21% | $32.09M | -55.52% | 0.00% |
| CPB | -9.86% | $12.96B | +7.08% | 3.40% |
| LTM | -9.71% | $8.51B | -100.00% | <0.01% |
| PEP | -8.98% | $215.02B | -6.60% | 3.35% |
| KVUE | -8.93% | $45.42B | +19.05% | 3.43% |
| CYCN | -8.88% | $4.77M | -16.19% | 0.00% |
| OCX | -8.65% | $42.93M | -36.09% | 0.00% |
| O | -8.06% | $50.04B | +6.78% | 5.49% |
| ADC | -8.05% | $8.03B | +36.00% | 3.88% |
ETF's related to SMFG
News
Yahoo
LOS ANGELES, November 19, 2024--Bank welcomes Michael Trivich, MD, Chief Credit Officer; Monica Sparks, ED, Chief Accounting Officer; & Jeff Jones, MD, Chief Information Officer
Yahoo
(Bloomberg) -- Japan’s biggest banks raised their annual profit forecasts to fresh records and unveiled plans to buy back shares, reaping the rewards from the nation’s rising interest rates and buoyant stock market. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsArizona
Yahoo
Sumitomo Mitsui Financial Group, Japan's second-largest lender by assets, raised its annual net profit forecast on Thursday to a record 1.16 trillion yen ($7.44 billion) after a 27% jump in second-quarter profit helped in part by higher interest rates. SMFG said group net profit came to 354 billion yen ($2.27 billion) in July-September, compared with 278 billion yen in the same quarter a year earlier. It raised its full year guidance from 1.06 trillion yen.
Yahoo
(Bloomberg) -- Seven & i Holdings Co. is considering a management buyout to take itself private with funding from banks, Itochu Corp. and the founding Ito family in a transaction that could be worth around ¥9 trillion ($58 billion), people with knowledge of the matter said.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in D
SeekingAlpha
Japanese banks are likely to benefit as the country prepares to fully exit years of ultra-loose monetary policy. Click to read.
SeekingAlpha
The portfolio finished lower than its benchmark, the MSCI AC World Index, in Q3. Read more here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.