Sumitomo Mitsui Financial Group (NYSE:SMFG – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.854-0.854 for the period, compared to the consensus EPS estimate of 1.520. The company issued revenue guidance of -.
Sumitomo Mitsui Financial Group Stock Up 1.2%
NYSE:SMFG traded up $0.27 during trading hours on Wednesday, reaching $22.38. 793,262 shares of the company’s stock were exchanged, compared to its average volume of 2,226,575. The company has a market capitalization of $142.73 billion, a P/E ratio of 18.65, a price-to-earnings-growth ratio of 0.71 and a beta of 0.43. Sumitomo Mitsui Financial Group has a 12 month low of $14.27 and a 12 month high of $24.33. The business’s 50-day simple moving average is $20.51 and its two-hundred day simple moving average is $19.90.
Sumitomo Mitsui Financial Group (NYSE:SMFG – Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The bank reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.04). Sumitomo Mitsui Financial Group had a net margin of 13.81% and a return on equity of 9.38%. The company had revenue of $6.34 billion during the quarter, compared to the consensus estimate of $7.62 billion. Sumitomo Mitsui Financial Group has set its FY 2026 guidance at 0.854-0.854 EPS. As a group, sell-side analysts anticipate that Sumitomo Mitsui Financial Group will post 1.49 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on SMFG
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. AQR Capital Management LLC grew its stake in Sumitomo Mitsui Financial Group by 26.0% during the 1st quarter. AQR Capital Management LLC now owns 177,249 shares of the bank’s stock valued at $2,740,000 after acquiring an additional 36,522 shares in the last quarter. Focus Partners Wealth boosted its holdings in shares of Sumitomo Mitsui Financial Group by 40.5% during the first quarter. Focus Partners Wealth now owns 18,253 shares of the bank’s stock worth $282,000 after purchasing an additional 5,258 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Sumitomo Mitsui Financial Group by 41.6% during the first quarter. Geneos Wealth Management Inc. now owns 3,163 shares of the bank’s stock worth $49,000 after purchasing an additional 930 shares during the period. Acadian Asset Management LLC grew its position in Sumitomo Mitsui Financial Group by 336.4% during the first quarter. Acadian Asset Management LLC now owns 39,574 shares of the bank’s stock valued at $610,000 after purchasing an additional 30,506 shares in the last quarter. Finally, Sivia Capital Partners LLC increased its stake in Sumitomo Mitsui Financial Group by 43.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 32,398 shares of the bank’s stock valued at $490,000 after buying an additional 9,876 shares during the period. 3.85% of the stock is owned by institutional investors and hedge funds.
Sumitomo Mitsui Financial Group Company Profile
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.
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