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Morningstar

Sumitomo Mitsui Financial Group Inc 8316 Stock Quote

Morningstar Rating
| Rating as of

XTKS: 8316

Last close prices updated as of May 29, 2023, 1:36 AM JST | JPY
  • Last Close 5512
  • Sector Financial Services
  • Industry Banks - Diversified
  • Investment Style Large Value
  • Day Range 5,583.00  –  5,659.00
  • Year Range 3,907.00  –  6,261.00
  • Market Cap 7.5714 Tril
  • Volume / Avg 5.6 Mil /  9.0 Mil
  • Price / Sales 1.99
  • Price / Book 0.58
  • Forward Div Yield 4.54%
  • Trailing Div Yield 2.65%

Morningstar‘s Stock Analysis 8316

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Sumitomo Mitsui Financial: Purchase of 15% Nonvoting Stake in Jefferies Looks Strategically Sound

Michael Makdad Senior Equity Analyst

Analyst Note

| Michael Makdad |

We maintain our JPY 6,050 fair value estimate for Sumitomo Mitsui Financial Group, representing 8% upside from the current share price, after the group announced plans to increase its stake in U.S. investment bank Jefferies to 15% from 4.5% as part of an expanded collaboration between the two firms. SMFG bought 4.5% of Jefferies’ common shares through open-market purchases in 2021 when the initial collaboration was announced and provided $2.25 billion in financing to Jefferies at that time using the Japanese bank’s balance sheet.

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Key Statistics 8316

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Company Profile 8316

Business Description

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 2022, its market share of domestic loans was 7.0%, compared with 8.3% 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.

Contact
1-2, Marunouchi 1-chome, Chiyoda-ku
Tokyo, 100-0005, JPN
Sector Financial Services
Industry Banks - Diversified
Employees 101,000

Related Articles 8316

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Sumitomo Mitsui Financial: Purchase of 15% Nonvoting Stake in Jefferies Looks Strategically Sound

Michael Makdad
Stock Analyst Update

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Michael Makdad
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Related News 8316

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Competitors & Peers 8316

More on 8316’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of 8316’s competitive advantage.

Sumitomo Mitsui Financial Group Inc

XTKS: 8316

HSBC Holdings PLC

XLON: HSBA

Mitsubishi UFJ Financial Group Inc

XTKS: 8306

Mizuho Financial Group Inc

XTKS: 8411
Price
5,654.00610.80928.802,077.50
Currency
JPYGBXJPYJPY
Change
+$142.00 (2.58%) +$4.40 (0.73%) +$22.30 (2.46%) +$35.00 (1.71%)
Market Cap
7.57 Tril12.19 Tril11.17 Tril5.26 Tril
Industry
Banks - Diversified Banks - Diversified Banks - Diversified Banks - Regional
Sector
Financial Services
Financial Services
Financial Services
Financial Services

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Sumitomo Mitsui Financial Group Inc Stock

Yes. 8316 has a forward dividend yield of 4.54%. See 8316’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

8316’s market cap is 7.57 Tril.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

8316’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

8316’s price/sales is 1.99.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

8316’s price/forward earnings is 9.34.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

8316’s price/book is 0.58.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See 8316’s valuation ratios compared to the Market Index.

8316’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare 8316’s historical performance against its industry peers and the overall market.