Sumitomo Mitsui Financial Group (NYSE:SMFG) Shares Cross Above 200 Day Moving Average – Should You Sell?

Posted by Geri Gentry on Aug 15th, 2026

Shares of Sumitomo Mitsui Financial Group Inc (NYSE:SMFG – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $22.67 and traded as high as $26.39. Sumitomo Mitsui Financial Group shares last traded at $26.3020, with a volume of 1,263,620 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Sumitomo Mitsui Financial Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. Zacks Research raised shares of Sumitomo Mitsui Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Sumitomo Mitsui Financial Group presently has an average rating of “Buy”.

View Our Latest Stock Report on SMFG

Sumitomo Mitsui Financial Group Stock Down 0.1%

The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market capitalization of $167.74 billion, a P/E ratio of 18.25, a P/E/G ratio of 1.34 and a beta of 0.42. The stock has a fifty day moving average price of $25.04 and a two-hundred day moving average price of $22.69.

Sumitomo Mitsui Financial Group (NYSE:SMFG – Get Free Report) last announced its quarterly earnings data on Tuesday, June 30th. The bank reported $0.49 earnings per share (EPS) for the quarter. The firm had revenue of $8.71 billion for the quarter. Sumitomo Mitsui Financial Group had a return on equity of 10.65% and a net margin of 16.24%. Research analysts forecast that Sumitomo Mitsui Financial Group Inc will post 1.4 EPS for the current year.

Insider Buying and Selling at Sumitomo Mitsui Financial Group

In other Sumitomo Mitsui Financial Group news, CFO Kazuyuki Anchi sold 4,000 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $42.47, for a total transaction of $169,880.00. Following the sale, the chief financial officer directly owned 48,857 shares of the company’s stock, valued at approximately $2,074,956.79. This represents a 7.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SMFG. Ascentis Independent Advisors acquired a new stake in Sumitomo Mitsui Financial Group during the first quarter worth about $27,000. Pin Oak Investment Advisors Inc. acquired a new position in Sumitomo Mitsui Financial Group in the third quarter valued at approximately $29,000. Bayban acquired a new position in Sumitomo Mitsui Financial Group in the fourth quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. boosted its stake in Sumitomo Mitsui Financial Group by 163.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,979 shares of the bank’s stock valued at $30,000 after acquiring an additional 1,227 shares during the period. Finally, Park Square Financial Group LLC grew its holdings in shares of Sumitomo Mitsui Financial Group by 58.0% during the fourth quarter. Park Square Financial Group LLC now owns 1,629 shares of the bank’s stock valued at $31,000 after purchasing an additional 598 shares during the last quarter. 3.85% of the stock is owned by institutional investors and hedge funds.

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.