Sumitomo Mitsui Financial Group Inc
8316: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%r | LOCK|!h^ | LOCK|Qw?#JxW |
Sumitomo Mitsui Financial Group Earnings: Raising Efficiency Outlook; Fair Value Up 19%
SMFG's December-quarter net income of JPY 461 million is down 18% quarter on quarter, but cumulative nine-month profit makes up 93% of the bank's JPY 1.5 trillion profit guidance for the year ending March 2026. This implies that full-year March 2026 profit should exceed guidance.
