Sumitomo Mitsui Financial Group (NYSE:SMFG) Releases FY 2026 Earnings Guidance

Sumitomo Mitsui Financial Group (NYSE:SMFG) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.854-0.854 for the period, compared to the consensus EPS estimate of 1.520. The company issued revenue guidance of -.

Analyst Ratings Changes

SMFG has been the subject of a number of recent analyst reports. Wall Street Zen cut Sumitomo Mitsui Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Zacks Research raised Sumitomo Mitsui Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Sumitomo Mitsui Financial Group Price Performance

SMFG traded up $0.32 during trading on Wednesday, reaching $22.43. 892,118 shares of the company’s stock were exchanged, compared to its average volume of 2,228,072. Sumitomo Mitsui Financial Group has a 1 year low of $14.27 and a 1 year high of $24.33. The stock has a market capitalization of $143.07 billion, a P/E ratio of 18.68, a price-to-earnings-growth ratio of 0.71 and a beta of 0.43. The company’s fifty day simple moving average is $20.51 and its 200-day simple moving average is $19.90.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last released its quarterly earnings data on Wednesday, May 13th. The bank reported $0.18 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.04). The business had revenue of $6.34 billion during the quarter, compared to analysts’ expectations of $7.62 billion. Sumitomo Mitsui Financial Group had a net margin of 13.81% and a return on equity of 9.38%. Sumitomo Mitsui Financial Group has set its FY 2026 guidance at 0.854-0.854 EPS. Equities analysts forecast that Sumitomo Mitsui Financial Group will post 1.49 EPS for the current year.

Hedge Funds Weigh In On Sumitomo Mitsui Financial Group

Institutional investors have recently modified their holdings of the stock. Morgan Stanley boosted its stake in shares of Sumitomo Mitsui Financial Group by 1.9% in the fourth quarter. Morgan Stanley now owns 21,541,139 shares of the bank’s stock worth $416,390,000 after buying an additional 404,435 shares during the last quarter. Northern Trust Corp raised its position in Sumitomo Mitsui Financial Group by 2.6% during the third quarter. Northern Trust Corp now owns 5,743,128 shares of the bank’s stock valued at $96,140,000 after acquiring an additional 147,963 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Sumitomo Mitsui Financial Group by 0.3% in the third quarter. Dimensional Fund Advisors LP now owns 2,886,033 shares of the bank’s stock valued at $48,312,000 after acquiring an additional 9,022 shares during the period. Wells Fargo & Company MN lifted its holdings in Sumitomo Mitsui Financial Group by 0.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,151,904 shares of the bank’s stock valued at $41,596,000 after acquiring an additional 19,520 shares during the period. Finally, Bank of America Corp DE boosted its position in Sumitomo Mitsui Financial Group by 4.4% in the 2nd quarter. Bank of America Corp DE now owns 1,921,712 shares of the bank’s stock worth $29,037,000 after purchasing an additional 81,103 shares in the last quarter. Hedge funds and other institutional investors own 3.85% of the company’s stock.

About Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group, Inc (SMFG) is a Tokyo-based financial holding company that provides a broad range of banking and financial services through a network of domestic and international subsidiaries. Established in 2002 as a holding company for the Sumitomo Mitsui banking operations, SMFG’s core banking business is conducted primarily through its main operating bank, Sumitomo Mitsui Banking Corporation (SMBC), alongside other affiliates covering trust banking, securities, leasing and consumer finance.

The group’s product and service mix spans corporate and commercial banking, retail deposit and loan services, trade and project finance, cash management, syndicated lending, foreign exchange and treasury services, and capital markets and investment banking activities through its securities arm.