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

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

Sumitomo Mitsui Financial Group Price Performance

Shares of SMFG opened at $24.38 on Friday. The stock has a 50 day simple moving average of $25.32 and a 200 day simple moving average of $23.53. Sumitomo Mitsui Financial Group has a 52-week low of $16.50 and a 52-week high of $27.61. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market capitalization of $154.47 billion, a PE ratio of 16.61, a P/E/G ratio of 1.62 and a beta of 0.52.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last announced its earnings results on Friday, November 13th. The bank reported $0.26 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.25). Sumitomo Mitsui Financial Group had a return on equity of 10.65% and a net margin of 16.24%. The company had revenue of $10.85 billion for the quarter, compared to analyst estimates of $8.66 billion. Sumitomo Mitsui Financial Group has set its FY 2026 guidance at 1.308-1.308 EPS. Sell-side analysts predict that Sumitomo Mitsui Financial Group will post 0.94 EPS for the current fiscal year.

Analyst Ratings Changes

SMFG has been the topic of a number of research analyst reports. Weiss Ratings lowered shares of Sumitomo Mitsui Financial Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, October 28th. Zacks Research lowered shares of Sumitomo Mitsui Financial Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 6th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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.