Sumitomo Mitsui Financial Group Balance Sheet Health
Financial Health criteria checks 5/6
Sumitomo Mitsui Financial Group has total assets of ¥290,022.6B and total equity of ¥14,892.7B. Total deposits are ¥176,878.6B, and total loans are ¥108,821.2B earning a Net Interest Margin of 1.1%. It has insufficient allowance for bad loans, which are currently at 0.8% of total loans. Cash and short-term investments are ¥103,590.8B.
Key information
19.5x
Asset to equity ratio
1.1%
Net interest margin
| Total deposits | JP¥176.88t |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.8% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | JP¥103.59t |
Recent financial health updates
No updates
Recent updates
Sumitomo Mitsui: Many Ways To Win
Oct 18Sumitomo Mitsui: Spotlight On Above-Expectation Earnings And Positive ROE Outlook
Aug 06Sumitomo Mitsui: Multiple Positives
May 17Sumitomo Mitsui Financial: A Bright Future Ahead (Rating Upgrade)
Feb 25Sumitomo Mitsui Financial: Shares Are Fairly Valued
Dec 11Sumitomo Mitsui Financial: Taking Profits, Risk Reward Profile Less Attractive
Sep 14Sumitomo Mitsui Financial Group Aims For Streamlined Growth And Remains Undervalued
Jun 28Sumitomo Mitsui Financial Group: A More Favorable Outlook
Dec 25Sumitomo Mitsui Financial GAAP EPS of ¥383.10, net interest income of ¥1533.17B
Nov 14Sumitomo Mitsui Financial Group: Negatives Priced In, Offering Attractive Yield
Oct 02Sumitomo Mitsui Financial to bolster U.S. presence with digital consumer banking unit
Aug 24Sumitomo Mitsui Financial GAAP EPS of ¥184.08, revenue of ¥1.33T
Jul 29Sumitomo Mitsui Financial Group: Block Trading Scandal And Updated Performance
Jun 29Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SMFG's Assets to Equity ratio (19.5x) is moderate.
Allowance for Bad Loans: SMFG has a low allowance for bad loans (89%).
Low Risk Liabilities: 64% of SMFG's liabilities are made up of primarily low risk sources of funding.
Loan Level: SMFG has an appropriate level of Loans to Assets ratio (38%).
Low Risk Deposits: SMFG's Loans to Deposits ratio (62%) is appropriate.
Level of Bad Loans: SMFG has an appropriate level of bad loans (0.8%).