Sumitomo Mitsui Financial Group
Market Cap
US$4.7t
Last Updated
2019/08/22 23:49 UTC
Data Sources
Company Financials +
Executive Summary
Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services primarily in Japan.
Snowflake
Fundamentals
Excellent balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Sumitomo Mitsui Financial Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-8.8%
OTCPK:SMFN.F
3.3%
US Banks
2.1%
US Market
1 Year Return
-16.1%
OTCPK:SMFN.F
-13.8%
US Banks
-0.04%
US Market
SMFN.F underperformed the Banks industry which returned -14.8% over the past year.
SMFN.F underperformed the Market in United States of America which returned 0.2% over the past year.
Share holder returns
| SMFN.F | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.8% | 3.3% | 2.1% |
| 30 Day | -11.5% | -7.0% | -3.2% |
| 90 Day | -9.3% | -2.3% | 2.8% |
| 1 Year | -16.1%-16.1% | -11.3%-13.8% | 2.2%-0.04% |
| 3 Year | -0.2%-0.2% | 42.5%32.7% | 41.5%32.3% |
| 5 Year | -20.0%-20.0% | 54.2%37.6% | 55.0%37.8% |
Price Volatility Vs. Market
How volatile is Sumitomo Mitsui Financial Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Sumitomo Mitsui Financial Group undervalued based on future cash flows and its price relative to the stock market?
8.89x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Sumitomo Mitsui Financial Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Sumitomo Mitsui Financial Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Sumitomo Mitsui Financial Group is good value based on earnings compared to the US Banks industry average.
Sumitomo Mitsui Financial Group is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
Sumitomo Mitsui Financial Group is poor value based on expected growth next year.
Price Based on Value of Assets
Sumitomo Mitsui Financial Group is good value based on assets compared to the US Banks industry average.
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Future Growth
How is Sumitomo Mitsui Financial Group expected to perform in the next 1 to 3 years based on estimates from 11 analysts?
1.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Sumitomo Mitsui Financial Group's revenue is expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).
Sumitomo Mitsui Financial Group's earnings are expected to grow by 1.8% yearly, however this is not considered high growth (20% yearly).
Sumitomo Mitsui Financial Group's revenue growth is positive but not above the United States of America market average.
Sumitomo Mitsui Financial Group's earnings growth is positive but not above the United States of America market average.
Sumitomo Mitsui Financial Group's earnings growth is positive but not above the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Sumitomo Mitsui Financial Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
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Past Performance
How has Sumitomo Mitsui Financial Group performed over the past 5 years?
-3.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Sumitomo Mitsui Financial Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
Sumitomo Mitsui Financial Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Sumitomo Mitsui Financial Group's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.
Return on Equity
Sumitomo Mitsui Financial Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Sumitomo Mitsui Financial Group used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if Sumitomo Mitsui Financial Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
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Financial Health
How is Sumitomo Mitsui Financial Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Information is not available.
Information is not available.
Financial Institutions Analysis
Sumitomo Mitsui Financial Group has an acceptable proportion of non-loan assets held.
Sumitomo Mitsui Financial Group has a low allowance for bad loans.
Sumitomo Mitsui Financial Group's liabilities are made up of primarily low risk sources of funding.
Sumitomo Mitsui Financial Group's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
Loans at Sumitomo Mitsui Financial Group are broadly funded by customer deposits.
Sumitomo Mitsui Financial Group has an acceptable level of bad loans (less than 2%).
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Dividend
What is Sumitomo Mitsui Financial Group's current dividend yield, its reliability and sustainability?
5.75%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Sumitomo Mitsui Financial Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
Sumitomo Mitsui Financial Group's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.2x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
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Management
What is the CEO of Sumitomo Mitsui Financial Group's salary, the management and board of directors tenure and is there insider trading?
1.0yrs
Average management tenure
CEO
Jun Ohta (61yo)
0.3yrs
Tenure
JP¥100,000,000
Compensation
Mr. Jun Ohta has been Group CEO, President at Sumitomo Mitsui Financial Group, Inc. since April 1, 2019 and serves as its Officer in charge of Public Relations Department, Corporate Planning Department, Fi ...
CEO Compensation Analysis
Jun's remuneration is lower than average for companies of similar size in United States of America.
Jun's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
1.0yrs
Average Tenure
58yo
Average Age
The average tenure for the Sumitomo Mitsui Financial Group management team is less than 2 years, this suggests a new team.
Board Age and Tenure
2.2yrs
Average Tenure
63yo
Average Age
The average tenure for the Sumitomo Mitsui Financial Group board of directors is less than 3 years, this suggests a new board.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Masahiko Oshima (59yo)
Deputy President
- Tenure: 1.3yrs
Nobuaki Kurumatani (62yo)
Deputy President
- Tenure: 0.0yrs
Haruyuki Nagata (56yo)
Senior Managing Corporate Executive Officer
- Tenure: 0.2yrs
Jun Ohta (61yo)
President
- Tenure: 0.3yrs
- Compensation: JP¥100.00m
Katsunori Tanizaki (62yo)
Senior Managing Executive Officer & Director
- Tenure: 4.2yrs
Takeshi Mikami
Executive Officer & GM of Financial Accounting Dept.
- Tenure: 0.0yrs
Toshikazu Yaku (57yo)
Deputy President
- Tenure: 2.2yrs
Hiroshi Munemasa (57yo)
Senior Managing Corporate Executive Officer & Head of Global Market Business Unit
- Tenure: 0.0yrs
Kohei Ohashi
SVP (IR Department)
- Tenure: 0.0yrs
Toru Nakashima (56yo)
Senior Managing Corporate Executive Officer
- Tenure: 0.2yrs
Board Members
Kitayama Teisuke (73yo)
Chairman of Sumitomo Mitsui Banking Corporation
- Tenure: 0.0yrs
- Compensation: JP¥128.00m
Takeshi Kunibe (65yo)
Chairman of the Board
- Tenure: 0.3yrs
- Compensation: JP¥143.00m
Masayuki Matsumoto (75yo)
Outside Director
- Tenure: 2.2yrs
Yoshinobu Tsutsui (65yo)
Outside Director
- Tenure: 2.2yrs
Haruyuki Nagata (56yo)
Senior Managing Corporate Executive Officer
- Tenure: 0.2yrs
Jun Ohta (61yo)
President
- Tenure: 0.3yrs
- Compensation: JP¥100.00m
Katsunori Tanizaki (62yo)
Senior Managing Executive Officer & Director
- Tenure: 4.2yrs
Toshikazu Yaku (57yo)
Deputy President
- Tenure: 2.2yrs
Katsuyoshi Shinbo (64yo)
Outside Director
- Tenure: 2.2yrs
Toru Nakashima (56yo)
Senior Managing Corporate Executive Officer
- Tenure: 0.2yrs
Company Information
Sumitomo Mitsui Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sumitomo Mitsui Financial Group, Inc.
- Ticker: SMFN.F
- Exchange: OTCPK
- Founded: 2002
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: JP¥4.738t
- Listing Market Cap: JP¥44.502b
- Shares outstanding: 1.37b
- Website: https://www.smfg.co.jp
Number of Employees
Location
- Sumitomo Mitsui Financial Group, Inc.
- 1-2, Marunouchi 1-chome
- Chiyoda-ku
- Tokyo
- 100-0005
- Japan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SMFN.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Dec 2002 |
| 8316 | TSE (The Tokyo Stock Exchange) | Yes | Common Stock | JP | JPY | Dec 2002 |
| XMF | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 2002 |
| SMFG | NYSE (New York Stock Exchange) | ADR EACH REPR 1/5 ORD NPV | US | USD | Feb 2003 | |
| XMFA | DB (Deutsche Boerse AG) | ADR EACH REPR 1/5 ORD NPV | DE | EUR | Feb 2003 |
Biography
Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services primarily in Japan. It operates through four se ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/22 23:49 |
| End of Day Share Price | 2019/08/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
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.