Earnings Alerts

Sumitomo Mitsui Financial Group (8316) Earnings: Q1 Net Income Surpasses Expectations with 376.90 Billion Yen

  • SMFG’s first-quarter net income reached 376.90 billion yen, surpassing the estimate of 352.65 billion yen.
  • The company’s gross profit stood at 1.09 trillion yen.
  • Lending profit accounted for 626.28 billion yen of the total profits.
  • Fees and commissions contributed 398.79 billion yen.
  • Profits from bond and securities trading were at a modest 2.34 billion yen.
  • Gains on stock holdings amounted to 41.05 billion yen.
  • The credit costs were reported at 75.65 billion yen.
  • For the year 2026, SMFG maintains its net income forecast at 1.30 trillion yen, while the estimate was slightly higher at 1.36 trillion yen.
  • The dividend forecast remains unchanged at 136.00 yen, compared to an estimated 138.31 yen.
  • Market analysts have rated SMFG stock with 12 “buys,” 5 “holds,” and zero “sells”.

A look at Sumitomo Mitsui Financial Group Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Sumitomo Mitsui Financial Group, Inc., a company that manages financial operations for its subsidiaries, has received a positive outlook based on the Smartkarma Smart Scores. With strong scores of 4 in Value, Dividend, Growth, and Resilience, the company demonstrates solid fundamentals across various key factors. These scores indicate that Sumitomo Mitsui Financial Group is considered to be well-positioned in terms of its value, dividend payouts, growth potential, and ability to withstand market challenges.

Although the company scored slightly lower with a 3 in Momentum, its overall outlook remains optimistic. Sumitomo Mitsui Financial Group‘s consistent performance in providing commercial banking and a wide range of financial services further supports its favorable long-term prospects in the financial industry.

Sumitomo Mitsui Financial Group, Inc. manages financial operations for its subsidiaries. The Company provides commercial banking and a variety of financial services.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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