Sumitomo Mitsui Financial Group (NYSE:SMFG) Issues FY 2026 Earnings Guidance

Sumitomo Mitsui Financial Group (NYSE:SMFGGet Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. 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 Price Performance

Shares of NYSE SMFG opened at $21.72 on Friday. The company has a market cap of $138.52 billion, a P/E ratio of 16.21, a PEG ratio of 0.73 and a beta of 0.43. Sumitomo Mitsui Financial Group has a 1 year low of $14.27 and a 1 year high of $24.33. The firm has a 50-day simple moving average of $20.54 and a two-hundred day simple moving average of $19.99.

Sumitomo Mitsui Financial Group (NYSE:SMFGGet Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The bank reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $7.31 billion during the quarter. Sumitomo Mitsui Financial Group had a net margin of 15.68% and a return on equity of 10.64%. As a group, equities research analysts expect that Sumitomo Mitsui Financial Group will post 1.75 EPS for the current year.

Wall Street Analysts Forecast Growth

SMFG has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Sumitomo Mitsui Financial Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Zacks Research raised shares of Sumitomo Mitsui Financial Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Read Our Latest Report on SMFG

Institutional Trading of Sumitomo Mitsui Financial Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Jane Street Group LLC increased its holdings in Sumitomo Mitsui Financial Group by 1,246.6% during the fourth quarter. Jane Street Group LLC now owns 1,318,753 shares of the bank’s stock valued at $25,491,000 after buying an additional 1,220,821 shares during the period. Voloridge Investment Management LLC purchased a new position in Sumitomo Mitsui Financial Group during the third quarter valued at approximately $14,018,000. Orion Porfolio Solutions LLC increased its holdings in Sumitomo Mitsui Financial Group by 606.2% during the second quarter. Orion Porfolio Solutions LLC now owns 709,707 shares of the bank’s stock valued at $10,724,000 after buying an additional 609,212 shares during the period. Massar Capital Management LP purchased a new position in Sumitomo Mitsui Financial Group during the second quarter valued at approximately $7,555,000. Finally, Morgan Stanley increased its holdings in Sumitomo Mitsui Financial Group by 1.9% during the fourth quarter. Morgan Stanley now owns 21,541,139 shares of the bank’s stock valued at $416,390,000 after buying an additional 404,435 shares during the period. Institutional investors own 3.85% of the company’s stock.

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.

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