Sumitomo Mitsui Financial Group Past Earnings Performance

Past criteria checks 5/6

Sumitomo Mitsui Financial Group has been growing earnings at an average annual rate of 24.4%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 13.8% per year. Sumitomo Mitsui Financial Group's return on equity is 7.4%, and it has net margins of 25.8%.

Key information

24.4%

Earnings growth rate

25.3%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	13.8%
Return on equity	7.4%
Net Margin	25.8%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Sumitomo Mitsui: Many Ways To Win

Oct 18

Sumitomo Mitsui: Spotlight On Above-Expectation Earnings And Positive ROE Outlook

Aug 06

Sumitomo Mitsui Financial Group Aims For Streamlined Growth And Remains Undervalued

Jun 28

Sumitomo Mitsui Financial Group: A More Favorable Outlook

Dec 25

Sumitomo Mitsui Financial GAAP EPS of ¥383.10, net interest income of ¥1533.17B

Nov 14

Sumitomo Mitsui Financial Group: Negatives Priced In, Offering Attractive Yield

Oct 02

Sumitomo Mitsui Financial to bolster U.S. presence with digital consumer banking unit

Aug 24

Sumitomo Mitsui Financial GAAP EPS of ¥184.08, revenue of ¥1.33T

Jul 29

Sumitomo Mitsui Financial Group: Block Trading Scandal And Updated Performance

Jun 29

Revenue & Expenses Breakdown

How Sumitomo Mitsui Financial Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:SMFG Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	4,158,206	1,072,053	2,249,860
30 Jun 24	3,754,062	996,685	2,216,626
31 Mar 24	3,554,839	873,346	2,159,311
31 Dec 23	3,906,889	938,647	2,114,979
30 Sep 23	3,510,627	800,773	2,029,717
30 Jun 23	3,614,394	907,408	1,962,749
31 Mar 23	3,567,946	911,831	1,911,678
31 Dec 22	3,170,425	640,799	1,837,414
30 Sep 22	3,099,642	805,690	1,768,847
30 Jun 22	2,942,811	548,769	1,788,291
31 Mar 22	2,810,865	499,573	1,740,157
31 Dec 21	3,153,784	878,349	1,669,924
30 Sep 21	3,058,305	873,421	1,658,299
30 Jun 21	2,966,750	804,631	1,635,858
31 Mar 21	2,865,752	687,483	1,618,786
31 Dec 20	1,597,259	23,151	1,618,464
30 Sep 20	2,129,306	38,227	1,616,104
30 Jun 20	2,171,148	70,420	1,626,660
31 Mar 20	2,245,153	200,052	1,638,393
31 Dec 19	2,108,712	514,880	1,736,406
30 Sep 19	2,174,130	501,239	1,722,843
30 Jun 19	2,543,342	530,575	1,720,526
31 Mar 19	2,888,035	541,932	1,716,657
31 Dec 18	3,183,675	749,755	1,800,367
30 Sep 18	3,356,757	822,173	1,830,480
30 Jun 18	3,304,809	745,561	1,847,448
31 Mar 18	3,274,127	759,998	1,834,651
31 Dec 17	3,299,957	739,245	1,798,296
30 Sep 17	3,195,695	696,796	1,804,332
30 Jun 17	3,090,928	693,035	1,802,444
31 Mar 17	2,973,691	627,870	1,791,728
31 Dec 16	4,394,688	565,124	1,875,380
30 Sep 16	4,268,424	617,748	1,845,638
30 Jun 16	4,226,681	563,103	1,832,212
31 Mar 16	3,376,559	846,693	1,724,722
31 Dec 15	4,430,823	697,632	1,809,564
30 Sep 15	4,423,346	662,199	1,796,638
30 Jun 15	4,507,181	790,660	1,777,625
31 Mar 15	4,400,271	753,610	1,748,651
31 Dec 14	4,240,465	812,872	2,450,958
30 Sep 14	4,774,681	855,924	2,429,791
30 Jun 14	4,187,416	777,843	1,645,198
31 Mar 14	4,268,510	835,357	2,396,061
31 Dec 13	4,638,696	989,493	1,588,728

Quality Earnings: SMFG has high quality earnings.

Growing Profit Margin: SMFG's current net profit margins (25.8%) are higher than last year (22.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SMFG's earnings have grown significantly by 24.4% per year over the past 5 years.

Accelerating Growth: SMFG's earnings growth over the past year (33.9%) exceeds its 5-year average (24.4% per year).

Earnings vs Industry: SMFG earnings growth over the past year (33.9%) exceeded the Banks industry -12.2%.

Sumitomo Mitsui Financial Group Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Sumitomo Mitsui Financial Group, Inc. to Report Q2, 2025 Results on Nov 14, 2024

Sumitomo Mitsui Financial Group, Inc. to Report Q1, 2025 Results on Aug 02, 2024

Sumitomo Mitsui Financial Group, Inc. to Report Fiscal Year 2024 Results on May 15, 2024

Sumitomo Mitsui Financial Group, Inc. to Report Q3, 2024 Results on Feb 01, 2024

Sumitomo Mitsui Financial Group, Inc. to Report Q2, 2024 Results on Nov 14, 2023

Sumitomo Mitsui Financial Group, Inc. Reports Impairment Charges for the First Quarter Ended June 30, 2023

Recent updates

Sumitomo Mitsui Financial Group, Inc. (TSE:8316) announces an Equity Buyback for 60,000,000 shares, representing 1.53% for ¥150,000 million.

Sumitomo Mitsui: Many Ways To Win

Japan Megabanks, DBJ Reportedly to Invest Up to $175 Million in Rapidus

Sumitomo Mitsui Financial Group, Inc. to Report Q2, 2025 Results on Nov 14, 2024

Sumitomo Mitsui: Spotlight On Above-Expectation Earnings And Positive ROE Outlook

Investors from West Asia, Japan Reportedly Eying Yes Bank's $5bn Stake Sale

Sumitomo Mitsui Financial Group, Inc. to Report Q1, 2025 Results on Aug 02, 2024

Sumitomo Mitsui: Multiple Positives

Sumitomo Mitsui Financial Group, Inc. Announces Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 28, 2024; Provides Dividend Guidance for the Second Quarter and Full Year of the Fiscal Year Ending March 31, 2025

Sumitomo Mitsui Financial Group, Inc. (TSE:8316) announces an Equity Buyback for 15,000,000 shares, representing 1.14% for ¥100,000 million.

Sumitomo Mitsui Financial Group, Inc. to Report Fiscal Year 2024 Results on May 15, 2024

Sumitomo Mitsui Financial Group, Inc. Announces Change of Deputy President, with Effect from April 1, 2024

Sumitomo Mitsui Financial: A Bright Future Ahead (Rating Upgrade)

Sumitomo Mitsui Financial Group, Inc. Announces New Executive Appointments

Sumitomo Mitsui Financial Group, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024

Sumitomo Mitsui Financial Group, Inc. to Report Q3, 2024 Results on Feb 01, 2024

Sumitomo Mitsui Financial: Shares Are Fairly Valued

Sumitomo Mitsui Financial Group, Inc. Announces Management Changes

Sumitomo Mitsui Financial Group, Inc. Announces Demise of Jun Ohta, Director President (Representative Executive Officer)

Sumitomo Mitsui Financial Group, Inc. Announces Demise of Jun Ohta, Group CEO

Sumitomo Mitsui Financial Group, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024

Sumitomo Mitsui Financial Group, Inc. (TSE:8316) announces an Equity Buyback for 26,000,000 shares, representing 1.95% for ¥150,000 million.

Sumitomo Mitsui Financial Group, Inc. to Report Q2, 2024 Results on Nov 14, 2023

Sumitomo Mitsui Financial: Taking Profits, Risk Reward Profile Less Attractive

Sumitomo Mitsui Financial Group, Inc. Reports Impairment Charges for the First Quarter Ended June 30, 2023

Sumitomo Mitsui Financial Group, Inc. announced that it has received $0.649617 million in funding

Sumitomo Mitsui Financial Group, Inc. Approves Board Elections

Sumitomo Mitsui Financial Group Aims For Streamlined Growth And Remains Undervalued

Sumitomo Mitsui Financial Group, Inc. to Report Q1, 2024 Results on Jul 31, 2023

Sumitomo Mitsui Financial Group, Inc., Annual General Meeting, Jun 29, 2023

Government Receives Several EoIs for IDBI Bank Stake Sale

Sumitomo Mitsui Financial Group, Inc. to Report Q3, 2023 Results on Jan 30, 2023

Sumitomo Mitsui Financial Group: A More Favorable Outlook

Sumitomo Mitsui Financial Group, Inc. Announces Makoto Takashima Becomes New Chair, Effective April 1, 2023

Carlyle, Fairfax, DBS Bank Reportedly May Bid for IDBI Bank

Sumitomo Mitsui Financial Group and One Other Global Bank Reportedly Among Five Potential Investors That Have Sought Information from the Centre About the Sale of State Equity in IDBI Bank

Sumitomo Mitsui Financial Group, Inc. (TSE:8316) announces an Equity Buyback for 61,000,000 shares, representing 4.45% for ¥200,000 million.

Sumitomo Mitsui Financial GAAP EPS of ¥383.10, net interest income of ¥1533.17B

Smbc Appoints Rick Davison as Chief Financial Officer

Sumitomo Mitsui Financial Group: Negatives Priced In, Offering Attractive Yield

Sumitomo Mitsui Financial Group, Inc. to Report Q2, 2023 Results on Nov 14, 2022

Sumitomo Mitsui Financial Group, Inc Appoints John Rosenfeld as President of Jenius Bank

Sumitomo Mitsui Financial to bolster U.S. presence with digital consumer banking unit

Sumitomo Mitsui Financial Group, Inc. Provides Second Quarter and Year End Dividend Guidance for the Fiscal Year Ending March 31, 2023

Sumitomo Mitsui Financial GAAP EPS of ¥184.08, revenue of ¥1.33T

Sumitomo Mitsui Financial Group, Inc. announced that it has received ¥25.901959 million in funding

Sumitomo Mitsui Financial Group, Inc. Approves Dividend for 2022

Sumitomo Mitsui Financial Group: Block Trading Scandal And Updated Performance

SMFG Reportedly Plans to Take 10% Stake in SBI

Sumitomo Mitsui Financial Group, Inc., Annual General Meeting, Jun 29, 2022

Sumitomo Mitsui Financial Group Reportedly in Talks to Acquire Minority Stake in Marathon Capital

Sumitomo Mitsui Financial Appoints Hirofumi Otsuka as CEO for SMBC Americas Division

Sumitomo Mitsui Financial Group, Inc. to Report Fiscal Year 2022 Results on May 13, 2022

Sumitomo Mitsui Financial Group, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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