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

Sumitomo Mitsui Financial Group (NYSE:SMFG) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.308-1.308 for the period, compared to the consensus estimate of 1.520.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on SMFG. Zacks Research lowered Sumitomo Mitsui Financial Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 6th. Weiss Ratings cut Sumitomo Mitsui Financial Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, October 28th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Sumitomo Mitsui Financial Group presently has a consensus rating of “Hold”.

Sumitomo Mitsui Financial Group Trading Down 1.5%

Shares of SMFG opened at $24.38 on Friday. The firm has a market cap of $154.47 billion, a price-to-earnings ratio of 16.93, a PEG ratio of 1.62 and a beta of 0.52. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.05 and a current ratio of 1.05. Sumitomo Mitsui Financial Group has a fifty-two week low of $16.50 and a fifty-two week high of $27.61. The firm has a 50 day moving average price of $25.32 and a 200-day moving average price of $23.53.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last announced its quarterly earnings data on Friday, November 13th. The bank reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.25). Sumitomo Mitsui Financial Group had a net margin of 16.24% and a return on equity of 10.65%. The business had revenue of $10.85 billion during the quarter, compared to analysts’ expectations of $8.66 billion. Sumitomo Mitsui Financial Group has set its FY 2026 guidance at 1.308-1.308 EPS. As a group, equities research analysts forecast that Sumitomo Mitsui Financial Group will post 0.94 earnings per share for the current year.

Key Stories Impacting Sumitomo Mitsui Financial Group

These are some of the SMFG stories that stood out recently:

• Positive Sentiment: SMFG raised its full-year profit forecast by 12% after a strong first half. The higher outlook signals improved expected earnings and may help offset the softer latest quarter. Article: SMFG raises full-year profit forecast
• Positive Sentiment: The company announced a ¥220 billion buyback of up to 85 million shares—about 1.12% of shares—which may support shareholder returns and reduce the share count. Article: SMFG announces an equity buyback
• Neutral Sentiment: Second-quarter profit fell 10%, but SMFG raised its annual earnings forecast; the combination points to near-term weakness alongside improved full-year expectations. Article: SMFG second-quarter profit falls, raises annual forecast

Sumitomo Mitsui Financial Group Company Profile

Sumitomo Mitsui Financial Group, Inc. (SMFG) is a Japan-based financial holding company whose principal subsidiary is Sumitomo Mitsui Banking Corporation (SMBC). The group provides banking and other financial services to individuals, businesses and institutions. Its activities include deposits, lending, payments, foreign exchange, securities and investment banking, as well as leasing, credit cards, consumer finance and asset management. SMFG serves customers in Japan and internationally through its subsidiaries, offices and other operations across the Americas, Europe and Asia.