Sumitomo Mitsui Financial Group Inc XMF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Sumitomo Mitsui Banking Taps Former Credit Suisse Banker for Asia Pacific Role
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Sumitomo Mitsui Financial Group CEO Dies at 65
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Airbus Gets Order for 60 A320neo Aircraft From SMBC Aviation Capital
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SMBC discloses $560 million loss in sale of rail car leasing business to ITE
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Japan Financial Stocks Jump as 10-Year Government Bond Yield Hits 9-Year High
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Sumitomo Mitsui to Triple Stake in Jefferies, Expand Alliance
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Sumitomo to boost its ownership stake in investment bank Jefferies to 15% from 4.5%
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SMBC to triple stake in Jefferies, report says
Trading Information
- Previous Close Price
- JPY 53.12
- Day Range
- JPY 53.42–53.42
- 52-Week Range
- JPY 22.00–56.12
- Bid/Ask
- JPY 0.00 / JPY 0.00
- Market Cap
- JPY 70.19 Bil
- Volume/Avg
- 0 / —
Key Statistics
- Price/Earnings (Normalized)
- 21.03
- Price/Sales
- 2.71
- Dividend Yield (Trailing)
- 3.13%
- Dividend Yield (Forward)
- 0.02%
- Total Yield
- 3.11%
Company Profile
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan’s second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, its market share of domestic loans was 7.1%, compared with 8.1% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan’s largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan’s third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Stock Style Box
- Large Value
- Total Number of Employees
- 115,800
- Website
- https://www.smfg.co.jp
Competitors
Valuation
|
Metric
|
XMF
|
HSBC
|
MUFG
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.03 | 11.62 | 11.27 |
Price/Book Value | 0.80 | 0.86 | 0.90 |
Price/Sales | 2.71 | 2.52 | 3.03 |
Price/Cash Flow | — | 8.66 | — |
Price/Earnings
XMF
HSBC
MUFG
Financial Strength
|
Metric
|
XMF
|
HSBC
|
MUFG
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
XMF
|
HSBC
|
MUFG
|
|---|---|---|---|
Return on Assets (Normalized) | 0.31% | 0.77% | 0.43% |
Return on Equity (Normalized) | 6.66% | 12.89% | 9.33% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
XMF
HSBC
MUFG
Banks - Diversified Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
JPM
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BAC
| Bank of America Corp | Wtnvxychv | Fhmy | $294.9 Bil | |
WFC
| Wells Fargo & Co | Szdhfkls | Gvmv | $213.5 Bil | |
HSBC
| HSBC Holdings PLC ADR | Chxgmlcj | Cgl | $164.0 Bil | |
RY
| Royal Bank of Canada | Xghfgfts | Yntz | $145.2 Bil | |
C
| Citigroup Inc | Mprxkpdc | Sqv | $121.2 Bil | |
MUFG
| Mitsubishi UFJ Financial Group Inc ADR | Bftpdfpd | Tnk | $119.7 Bil | |
TD
| The Toronto-Dominion Bank | Gtlxhwwcv | Kxjl | $100.0 Bil | |
UBS
| UBS Group AG | Lcmmthwxm | Plqpfzp | $95.4 Bil | |
SAN
| Banco Santander SA ADR | Wjjq | Wzxvj | $79.6 Bil |