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 -.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Zacks Research upgraded shares of Sumitomo Mitsui Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Wall Street Zen downgraded Sumitomo Mitsui Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Sumitomo Mitsui Financial Group Trading Up 1.2%

SMFG stock traded up $0.27 during trading on Wednesday, hitting $22.38. The company had a trading volume of 793,262 shares, compared to its average volume of 2,226,575. The business has a 50 day moving average of $20.51 and a 200 day moving average of $19.90. The firm has a market capitalization of $142.73 billion, a price-to-earnings ratio of 18.65, a P/E/G ratio of 0.71 and a beta of 0.43. Sumitomo Mitsui Financial Group has a fifty-two week low of $14.27 and a fifty-two week high of $24.33.

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

Hedge Funds Weigh In On Sumitomo Mitsui Financial Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Morgan Stanley raised its stake in shares of Sumitomo Mitsui Financial Group by 1.9% in the 4th 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 in the last quarter. Northern Trust Corp boosted its stake 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 buying an additional 147,963 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Sumitomo Mitsui Financial Group by 0.3% during the third quarter. Dimensional Fund Advisors LP now owns 2,886,033 shares of the bank’s stock worth $48,312,000 after acquiring an additional 9,022 shares during the period. Wells Fargo & Company MN raised its position 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 worth $41,596,000 after acquiring an additional 19,520 shares in the last quarter. Finally, Bank of America Corp DE raised its position in Sumitomo Mitsui Financial Group by 4.4% in the second quarter. Bank of America Corp DE now owns 1,921,712 shares of the bank’s stock worth $29,037,000 after acquiring an additional 81,103 shares in the last quarter. 3.85% of the stock is owned by institutional investors.

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.