Sumitomo Mitsui Financial Group Inc

8316: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Sumitomo Mitsui Financial Group Earnings: Valuation Up 6%, Guidance and Share Buyback Size Surprise

Michael Makdad

Nov 14, 2024

Sumitomo Mitsui Financial Group reported interim earnings of JPY 725 billion (68% of its guidance of JPY 1.06 trillion for the year ending March 2025), raised earnings guidance to JPY 1.16 trillion and its dividend plan by 9%, and announced a JPY 150 billion buyback.

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Sumitomo Mitsui Financial Group Inc

Sumitomo Mitsui Financial Group Earnings: Valuation Up 6%, Guidance and Share Buyback Size Surprise

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