RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Sumitomo Mitsui Financial Group Net Income 2024

Sumitomo Mitsui Financial Group Net Income

930.72 B JPY

Sumitomo Mitsui Financial Group Dividend yield

2.96 %

Ticker

8316.T

ISIN

JP3890350006

WKN

778924

In 2024, Sumitomo Mitsui Financial Group's profit amounted to 930.72 B JPY, a 15.5% increase from the 805.84 B JPY profit recorded in the previous year.

The Sumitomo Mitsui Financial Group Net Income history

YEARNET INCOME (undefined JPY)
2027e0.87
2026e1.05
2025e0.97
2024e0.93
20230.81
20220.71
20210.51
20200.7
20190.73
20180.73
20170.71
20160.65
20150.75
20140.84
20130.79
20120.52
20110.47
20100.26
2009-0.38
20080.45
20070.43
20060.66
2005-0.26
20040.3

Sumitomo Mitsui Financial Group Aktienanalyse

What does Sumitomo Mitsui Financial Group do?

Sumitomo Mitsui Financial Group Inc (SMFG) is a Japanese financial company that was founded in April 2002. It was formed from the merger of Sumitomo Mitsui Banking Corporation (SMBC) and Sakura Bank, one of Japan's oldest financial institutions. SMFG is headquartered in Tokyo and employs over 75,000 employees. Business model and divisions: SMFG is a conglomerate of financial institutions operating in the retail and wholesale banking sectors. The company offers financial services such as deposits, loans, investment advisory, securities trading, asset management, insurance, and other financial services. SMFG operates in three main divisions: the first division is Sumitomo Mitsui Banking Corporation, serving both retail and wholesale banking; the second division is SMBC Nikko Securities Inc., offering services such as investment banking, asset management, and institutional business; the third division is SMBC Trust Bank Ltd., specializing in asset management and trust services for retail customers. Products and services: A key component of SMFG's business is retail banking. The company offers various types of deposit accounts, such as time deposits, checking accounts, and savings accounts. Additionally, the company offers various card products, such as credit cards and debit cards. The securities division primarily caters to institutional clients, offering investment banking, trade financing, foreign exchange transactions, and other capital market instruments. For customers looking to invest their money, SMFG offers various investment products, such as investment funds, ETFs, stocks, bonds, and other securities. The company also operates in the field of asset management, with its own asset management unit managing portfolios on behalf of clients. History: SMBC and Sakura Bank have a long history in Japan. SMBC traces its roots back to Mitsui Banking Corporation, which was established in 1876. Sakura Bank was founded in 1873 as Dai-Ichi Bank and was one of the oldest financial institutions in Japan. Over the years, both institutions have undergone numerous acquisitions and mergers. The merger of SMBC and Sakura Bank in 2001 led to the formation of SMFG, which has since expanded its business in Japan and other parts of the world. Conclusion: Sumitomo Mitsui Financial Group Inc is a major player in Japan's financial world. The company offers a variety of products and services for retail and wholesale customers and operates in various segments of the financial sector. Thanks to its broad business scope and comprehensive expertise, SMFG has been able to expand its position as one of Japan's leading financial institutions. Sumitomo Mitsui Financial Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Sumitomo Mitsui Financial Group's Profit Margins

The profit margins of Sumitomo Mitsui Financial Group represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Sumitomo Mitsui Financial Group's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Sumitomo Mitsui Financial Group's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Sumitomo Mitsui Financial Group's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Sumitomo Mitsui Financial Group’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Sumitomo Mitsui Financial Group Stock

How much profit has Sumitomo Mitsui Financial Group made this year?

Sumitomo Mitsui Financial Group has made 930.72 B JPY this year.

How has the profit developed compared to last year?

The profit has increased by 15.5% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Sumitomo Mitsui Financial Group publish its earnings?

Sumitomo Mitsui Financial Group publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Sumitomo Mitsui Financial Group?

The profits of Sumitomo Mitsui Financial Group are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Sumitomo Mitsui Financial Group?

You can learn more about the earnings of Sumitomo Mitsui Financial Group by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Sumitomo Mitsui Financial Group pay?

Over the past 12 months, Sumitomo Mitsui Financial Group paid a dividend of 260 JPY . This corresponds to a dividend yield of about 2.96 %. For the coming 12 months, Sumitomo Mitsui Financial Group is expected to pay a dividend of 268.38 JPY.

What is the dividend yield of Sumitomo Mitsui Financial Group?

The current dividend yield of Sumitomo Mitsui Financial Group is 2.96 %.

When does Sumitomo Mitsui Financial Group pay dividends?

Sumitomo Mitsui Financial Group pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Sumitomo Mitsui Financial Group?

Sumitomo Mitsui Financial Group paid dividends every year for the past 24 years.

What is the dividend of Sumitomo Mitsui Financial Group?

For the upcoming 12 months, dividends amounting to 268.38 JPY are expected. This corresponds to a dividend yield of 3.05 %.

In which sector is Sumitomo Mitsui Financial Group located?

Sumitomo Mitsui Financial Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Sumitomo Mitsui Financial Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sumitomo Mitsui Financial Group from 6/1/2024 amounting to 135 JPY, you needed to have the stock in your portfolio before the ex-date on 3/28/2024.

When did Sumitomo Mitsui Financial Group pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of Sumitomo Mitsui Financial Group in the year 2023?

In the year 2023, Sumitomo Mitsui Financial Group distributed 220 JPY as dividends.

In which currency does Sumitomo Mitsui Financial Group pay out the dividend?

The dividends of Sumitomo Mitsui Financial Group are distributed in JPY.

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Andere Kennzahlen von Sumitomo Mitsui Financial Group

Our stock analysis for Sumitomo Mitsui Financial Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sumitomo Mitsui Financial Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.