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 ¥100,764.2B.
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¥100.76t |
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%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 04:33 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sumitomo Mitsui Financial Group, Inc. is covered by 31 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shinichi Tamura | Barclays |
| Toyoki Sameshima | BNP Paribas Securities (Asia) |
| Shinichiro Nakamura | BofA Global Research |