SMFG - Sumitomo Mitsui Financial Group, Inc.

NYSE - Nasdaq Real-time price. Currency in USD
7.76
-0.01 (-0.13%)
As of 10:30AM EDT. Market open.
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Previous close7.77
Open7.74
Bid7.73 x 3000
Ask7.74 x 2200
Day's range7.72 - 7.76
52-week range7.33 - 9.67
Volume138,245
Avg. volume991,285
Market cap54.185B
Beta1.44
PE ratio (TTM)7.84
EPS (TTM)0.99
Earnings dateN/A
Forward dividend & yield0.28 (3.68%)
Ex-dividend date2017-09-27
1y target est10.52
Trade prices are not sourced from all markets
  • Sumitomo Mitsui Signals It May Curb Coal-Fired Power Lending
    Bloomberg2 months ago

    Sumitomo Mitsui Signals It May Curb Coal-Fired Power Lending

    Japan’s Sumitomo Mitsui Financial Group Inc. has signaled it may rethink its financing of coal-fired power projects, a small step for the nation’s banking industry, which lags global rivals shifting away from one of the most-polluting fuels. “Coal-fired power generation is relatively low cost and has a big impact on climate change, so we are considering to make our financing policy stricter,” President Takeshi Kunibe told reporters during an earnings briefing on Monday.

  • Reuters2 months ago

    Japan's biggest banks revamp, close branches in efficiency drive

    Japan's biggest banks have begun major revamps of their domestic retail networks, as the cost of maintaining traditional branches weighs heavily at a time of diminishing revenue and a shift in how consumers conduct financial transactions. Mitsubishi UFJ Financial Group Inc (MUFG) , Japan's largest lender, said on Tuesday it will cut its number of domestic branches by 20 percent over six years from about 500. Under the plan, part of a medium-term strategy, MUFG said the number of conventional retail branches will be halved, as many will be replaced by self service-style branches.

  • Daiwa, Sumitomo Mitsui Agree to Asset Management Merger
    Bloomberg2 months ago

    Daiwa, Sumitomo Mitsui Agree to Asset Management Merger

    Daiwa Securities Group Inc. and Sumitomo Mitsui Financial Group Inc. agreed to merge asset management units, said people familiar with the situation. Sumitomo Mitsui will take a 50.1 percent stake in the combined company, and Daiwa will own more than 20 percent, said the people, who asked not to be identified before an announcement in Tokyo this afternoon. The move renews ties between Daiwa and Sumitomo Mitsui, which had an investment-banking joint venture until 2009.

  • Takeda sounds out banks for loans as it moves towards Shire bid: sources
    Reuters3 months ago

    Takeda sounds out banks for loans as it moves towards Shire bid: sources

    Takeda Pharmaceutical has sounded out its major creditors for loans, two sources with direct knowledge of the matter said, as it moves closer to a bid for London-listed rare disease specialist Shire (SHP.L) that could hit $50 billion. Expectations that Japan's largest drugmaker by sales will bid for Shire before an April 25 deadline have mounted since its chief executive Christophe Weber discussed the strategic case for the deal at a briefing with analysts last week. Buying Shire would be transformational for Takeda but would be a huge financial stretch, since the company is worth around $10 billion more than the Japanese group.

  • Reuters3 months ago

    Takeda sounds out banks for loans as it moves towards Shire bid - sources

    Takeda Pharmaceutical has sounded out its major creditors for loans, two sources with direct knowledge of the matter said, as it moves closer to a bid for London-listed rare disease specialist Shire (SHP.L) that could hit $50 billion (£35.2 billion). Expectations that Japan's largest drugmaker by sales will bid for Shire before an April 25 deadline have mounted since its chief executive Christophe Weber discussed the strategic case for the deal at a briefing with analysts last week. Buying Shire would be transformational for Takeda but would be a huge financial stretch, since the company is worth around $10 billion more than the Japanese group.

  • Japan's regional banks are struggling, but analysts like other parts of the sector
    CNBC4 months ago

    Japan's regional banks are struggling, but analysts like other parts of the sector

    Japan has made economic progress, but population decline and other factors mean regional banks face an uphill task in turning themselves around.

  • Reuters - UK Focus5 months ago

    Japanese investors to meet PM May on Thursday as Brexit concerns mount

    British Prime Minister Theresa May and finance minister Philip Hammond will meet representatives from major Japanese businesses on Thursday as concerns about Brexit grow among some of the world's biggest foreign investors. Japanese firms have spent billions of pounds in Britain, encouraged by successive governments promising a business-friendly base from which to trade across the continent. Carmakers Nissan, Toyota and Honda began operating in Britain from as early as the 1980s and now build nearly half of all of Britain's 1.67 million cars, the vast majority of which were exported.

  • Is Sumitomo Mitsui Financial (SMFG) a Great Stock for Value Investors?
    Zacks7 months ago

    Is Sumitomo Mitsui Financial (SMFG) a Great Stock for Value Investors?

    Is Sumitomo Mitsui Financial (SMFG) a great pick from the value investor's perspective right now? Read on to know more.

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