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Sumitomo Mitsui Financial Group (SMFG)

(Real Time Quote from BATS)

$11.23 USD

11.23
429,916

-0.15 (-1.32%)

Updated Apr 26, 2024 12:56 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value F Growth C Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 42% (147 out of 252)

Industry: Banks - Foreign

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Income Statements

Research for SMFG

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year end for Sumitomo Mitsui Financial Group Inc falls in the month of March .

All items in Millions except EPS data.

3/31/24 3/31/23 3/31/22 3/31/21 3/31/20
Sales NA 41,316 28,135 30,835 28,022
Cost Of Goods NA 7,909 908 2,028 5,700
Gross Profit NA 33,407 27,227 28,807 22,321
Selling & Adminstrative & Depr. & Amort Expenses 0 17,614 19,411 18,110 15,386
Income After Depreciation & Amortization 0 15,793 7,816 10,697 6,936
Non-Operating Income NA 0 0 0 0
Interest Expense NA 6,455 1,795 1,706 4,334
Pretax Income NA 9,338 6,021 8,991 2,601
Income Taxes NA 2,413 1,436 2,363 476
Minority Interest NA 94 42 42 171
Investment Gains/Losses NA 0 0 0 0
Other Income/Charges NA 0 0 0 0
Income From Cont. Operations NA 6,925 4,584 6,628 2,125
Extras & Discontinued Operations NA 0 0 0 0
Net Income (GAAP) NA 6,831 4,542 6,586 1,954
Depreciation Footnote 3/31/24 3/31/23 3/31/22 3/31/21 3/31/20
Income Before Depreciation & Amortization 0 18,178 10,675 13,612 9,853
Depreciation & Amortization (Cash Flow) NA 2,385 2,859 2,915 2,917
Income After Depreciation & Amortization 0 15,793 7,816 10,697 6,936
Earnings Per Share Data 3/31/24 3/31/23 3/31/22 3/31/21 3/31/20
Average Shares NA 6,826.16 6,856.50 6,854.31 6,879.64
Diluted EPS Before Non-Recurring Items NA 0.94 1.06 0.76 1.00
Diluted Net EPS (GAAP) NA 0.99 0.65 0.94 0.27

Fiscal Year end for Sumitomo Mitsui Financial Group Inc falls in the month of March .

All items in Millions except EPS data.

3/31/24 12/31/23 9/30/23 6/30/23 3/31/23
Sales NA 14,954.15 15,293.29 14,728.17 13,323.51
Cost Of Goods NA NA NA 2,798.92 NA
Gross Profit NA NA NA 11,929.25 NA
SG&A, R&D, and Dept/Amort Expenses 0.00 0.00 0.00 4,948.30 0.00
Income After SG&A, R&D, and Dept/Amort Expenses 0.00 0.00 0.00 6,980.95 0.00
Non-Operating Income NA NA NA -8.22 NA
Interest Expense NA NA NA 4,432.25 NA
Pretax Income NA NA NA 2,540.49 NA
Income Taxes NA NA NA 710.21 NA
Minority Interest NA NA NA 19.75 NA
Investment Gains/Losses NA NA NA 0.00 NA
Other Income/Charges NA NA NA 0.00 NA
Income From Cont. Operations NA 2,544.00 1,939.05 1,830.28 754.71
Extras & Discontinued Operations NA -740.13 -11.90 -8.20 -453.58
Net Income (GAAP) NA 1,803.87 1,927.15 1,810.52 301.13
Earnings Per Share Data 3/31/24 12/31/23 9/30/23 6/30/23 3/31/23
Average Shares NA 6,648.66 6,670.72 6,678.23 6,404.15
Diluted EPS Before Non-Recurring Items NA 0.38 0.29 0.27 0.12
Diluted Net EPS (GAAP) NA 0.27 0.29 0.27 0.05