Sumitomo Mitsui Financial Group (NYSE:SMFG) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Posted by Geri Gentry on Aug 1st, 2026

Sumitomo Mitsui Financial Group (NYSE:SMFG – Get Free Report) posted its earnings results on Friday. The bank reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06, Zacks reports. Sumitomo Mitsui Financial Group had a net margin of 15.68% and a return on equity of 10.19%. The company had revenue of $8.81 billion during the quarter, compared to analysts’ expectations of $8.09 billion. Sumitomo Mitsui Financial Group updated its FY 2026 guidance to 0.842-0.842 EPS.

Sumitomo Mitsui Financial Group Stock Performance

NYSE SMFG opened at $25.93 on Friday. The firm has a 50-day moving average price of $24.46 and a two-hundred day moving average price of $22.36. Sumitomo Mitsui Financial Group has a 12-month low of $14.92 and a 12-month high of $26.67. The company has a market capitalization of $165.41 billion, a P/E ratio of 19.35, a P/E/G ratio of 0.99 and a beta of 0.42. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.48.

Institutional Investors Weigh In On Sumitomo Mitsui Financial Group

Several institutional investors have recently made changes to their positions in the stock. Morgan Stanley increased its stake in Sumitomo Mitsui Financial Group by 1.9% during the 4th quarter. Morgan Stanley now owns 21,541,139 shares of the bank’s stock worth $416,390,000 after acquiring an additional 404,435 shares during the period. Northern Trust Corp grew its holdings in shares of Sumitomo Mitsui Financial Group by 2.6% during the 3rd quarter. Northern Trust Corp now owns 5,743,128 shares of the bank’s stock worth $96,140,000 after purchasing an additional 147,963 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Sumitomo Mitsui Financial Group by 0.3% in the third quarter. Dimensional Fund Advisors LP now owns 2,886,033 shares of the bank’s stock worth $48,312,000 after purchasing an additional 9,022 shares during the period. Wells Fargo & Company MN raised its stake in Sumitomo Mitsui Financial Group by 0.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,151,904 shares of the bank’s stock valued at $41,596,000 after purchasing an additional 19,520 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in Sumitomo Mitsui Financial Group by 4.4% in the second quarter. Bank of America Corp DE now owns 1,921,712 shares of the bank’s stock valued at $29,037,000 after purchasing an additional 81,103 shares in the last quarter. 3.85% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on SMFG. Zacks Research upgraded shares of Sumitomo Mitsui Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. Weiss Ratings upgraded Sumitomo Mitsui Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

Read Our Latest Research Report on Sumitomo Mitsui Financial Group

About Sumitomo Mitsui Financial Group

(Get Free Report)

Sumitomo Mitsui Financial Group, Inc (SMFG) is a Tokyo-based financial holding company that provides a broad range of banking and financial services through a network of domestic and international subsidiaries. Established in 2002 as a holding company for the Sumitomo Mitsui banking operations, SMFG’s core banking business is conducted primarily through its main operating bank, Sumitomo Mitsui Banking Corporation (SMBC), alongside other affiliates covering trust banking, securities, leasing and consumer finance.

The group’s product and service mix spans corporate and commercial banking, retail deposit and loan services, trade and project finance, cash management, syndicated lending, foreign exchange and treasury services, and capital markets and investment banking activities through its securities arm.