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SMFGSumitomo Mitsui Financial Group, Inc.
$23.31$90.3B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
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Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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SMFG logo

Sumitomo Mitsui Financial Group, Inc.

SMFG
NYSE · Large & Global Banks
$23.31
At close - Nov 6, 4:00 PM EST - USD
Market Cap$90.31B
P/E8.9x
52W High$27.62
Volume1.96M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2027Q1

BOJ Normalization Drives NII Growth Amid Thin Margins

SMFG's earnings are accelerating on the back of BOJ rate hikes, with net interest income up 28.1% YoY in 2027Q1 to $802.3B, yet the net interest margin remains stuck at 0.2% for ten consecutive quarters, suggesting limited spread expansion.

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

SMFG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-21% Peers

P/E is 21% below peer median

03

Market leadership

RS 56 · Avg

Average momentum (RS Rating: 56)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 13
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth is accelerating with NII up 28.1% YoY to $802.3B in 2027Q1, but NIM remains at 0.2% and fee income is volatile, swinging from -47.8% of revenue in 2025Q1 to 28.6% in 2027Q1.

Analyst Consensus
Hold(4 analysts)
1 Buy3 Hold0 Sell

The Bull Case

Upside Catalysts

EPS Growth Momentum

SMFG's estimated EPS growth of 20.12% surpasses its three‑year average, indicating robust earnings expansion. Analysts project a 15.38% earnings increase for the upcoming year, reinforcing the bank's profitability trajectory.

Revenue & Profit Scale

The bank reported trailing twelve months revenue of $23.65 billion, with profits totaling $4.70 billion, underscoring a solid top‑line and bottom‑line performance. This scale positions SMFG among Japan's leading financial institutions.

International Growth & ROE Target

SMFG is expanding internationally, pivoting toward higher‑ROE businesses outside Japan. The company aims for a long‑run ROE of 15%, targeting parity with top U.S. banks.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SMFG+23.54%
S&P 500 (^GSPC)+7.63%
1-Year Return
SMFG+46.88%
S&P 500 (^GSPC)+9.69%
3-Year Return
SMFG+154.98%
S&P 500 (^GSPC)+67.45%
5-Year Return
SMFG+275.79%
S&P 500 (^GSPC)+55.57%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
8.9x
Forward P/EExpansion
0.1x
EV/EBITDA
-0.3x
FCF YieldCash Flow
51.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
8.9x
0.0x
100th· High
EV/EBITDA
-0.3x
N/A
N/A
Price/FCF
1.9x
0.0x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$11.21-51.9%
Base (Fair)$22.01-5.6%
Bull$35.26+51.3%
$11.21 Bear$22.01 Base$35.26 Bull
Current Market Price: $23.31
Trades at a 5.9% premium to Base DCF ($22.01)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY26
$6046.07B+19.3% YoY
Net income FY26
$1678.44B+42.5% YoY
Free cash flow FY26
$7342.73B+59.5% YoY
Operating margin FY26
39.5%+5.9 pts YoY
ROIC (FY26)2.4%
Avg ROIC 5Y1.9%
ROE (TTM)16.8%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 31, 2026
$0.50+13.6%
vs $0.44
$9.0B+10.8%
vs $8.1B
Q2 2026
May 13, 2026
$0.24+118.2%
vs $0.11
$18.1B+137.1%
vs $7.6B
Q1 2026
Jan 30, 2026
$0.16-60.0%
vs $0.40
$35.9B+381.4%
vs $7.5B
Q4 2025
Nov 14, 2025
$0.59+47.5%
vs $0.40
$8.1B+11.4%
vs $7.3B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Defense World·1d ago
Head to Head Review: Sumitomo Mitsui Financial Group (NYSE:SMFG) & Raiffeisen Bank International (OTCMKTS:RAIFY)

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) and Sumitomo Mitsui Financial Group (NYSE: SMFG - Get Free Report) are both large-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, valuation, analyst recommendations, earnings, institutional ownership, risk and dividends. Analyst Ratings This is

PRNewsWire·3d ago
Panamint Capital Secures $1.8 Billion Green Loan for Largest Brownfield Renewable Energy Project in North America

INCLINE VILLAGE, Nev., Nov. 4, 2026 /PRNewswire/ -- Panamint Capital LLC, a leading energy infrastructure investor, has achieved financial close on the first phase of a $1.8 billion Green Loan to finance construction of Big Rooter Power, a 1.2 GWdc solar PV project located at the firm's Twin Oaks Power Station and Calvert Mine in Robertson County, Texas.

Defense World·Oct 12, 2026
Critical Analysis: TriCo Bancshares (NASDAQ:TCBK) vs. Sumitomo Mitsui Financial Group (NYSE:SMFG)

TriCo Bancshares (NASDAQ: TCBK - Get Free Report) and Sumitomo Mitsui Financial Group (NYSE: SMFG - Get Free Report) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, earnings, dividends, profitability and analyst recommendations. Insider and Institutional Ownership 59.1% of

Defense World·Oct 5, 2026
Ferguson Wellman Capital Management Inc. Decreases Stock Position in Sumitomo Mitsui Financial Group Inc $SMFG

Ferguson Wellman Capital Management Inc. lowered its stake in Sumitomo Mitsui Financial Group Inc (NYSE: SMFG) by 6.4% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,599,915 shares of the bank's stock after selling 109,785 shares during the

Filtered for Sumitomo Mitsui Financial Group, Inc.More Headlines
04

Compare before deciding

Benchmark SMFG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Sumitomo Mitsui Financial Group, Inc. (SMFG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SMFG logoSMFGSumitomo Mitsui Financial Group, Inc.Current
$23.31$90.31B8.8519.34%29.36%16.76%2.42%
MFG logoMFGMizuho Financial Group, Inc.
$9.40$114.51B13.0530.2%30.97%12.28%2.11%
MUFG logoMUFGMitsubishi UFJ Financial Group, Inc.
$20.97$236.48B13.969.98%33.77%11.58%2.24%
KB logoKBKB Financial Group Inc.
$111.20$39.04B8.2687.09%15.72%10.86%2.25%
SHG logoSHGShinhan Financial Group Co., Ltd.
$63.52$30.02B7.483.42%32.53%9.09%3.01%
WF logoWFWoori Financial Group Inc.
$69.06$16.76B7.63-67.4%75.27%7.89%3.9%

Compare SMFG vs Peers

Sumitomo Mitsui Financial Group, Inc. (SMFG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MFG

Most directly comparable listed peer for SMFG.

Scale Benchmark

vs JPM

Larger-name benchmark to compare SMFG against a more recognizable public peer.

Peer Set

Compare Top 5

vs MFG, MUFG, KB, SHG

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SMFG Frequently Asked Questions

Sumitomo Mitsui Financial Group, Inc. (SMFG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Sumitomo Mitsui Financial Group, Inc. growing?

Sumitomo Mitsui Financial Group, Inc. (SMFG) grew revenue by 76.5% over the trailing twelve months, compared with the twelve months before.

Is SMFG profitable?

Yes. Sumitomo Mitsui Financial Group, Inc. (SMFG) earned $2.65T in net income over the trailing twelve months (a 29.4% net margin).

Dividend & Returns
Does SMFG pay dividends?

Yes. Sumitomo Mitsui Financial Group, Inc. (SMFG) pays a dividend that yields 2.42% at the current price, a moderate yield.

What is SMFG's return on equity?

Sumitomo Mitsui Financial Group, Inc. (SMFG) had a return on equity (ROE) of 16.8% over the trailing twelve months. That is above the market's typical 10-15%.

Industry Metrics
What is Sumitomo Mitsui Financial Group, Inc.'s net interest margin?

Sumitomo Mitsui Financial Group, Inc. (SMFG) has a net interest margin (NIM) of 0.9%. NIM has been under pressure due to interest rate environment.

What is Sumitomo Mitsui Financial Group, Inc.'s efficiency ratio?

Sumitomo Mitsui Financial Group, Inc. (SMFG) has an efficiency ratio of 57.6%. This is reasonable for a bank.

What if you invested $1,000 in SMFG back in 2000?

Total return calculator · dividends reinvested · 26+ years of data

See returns →