Sumitomo Mitsui Financial Group Revenue 2024

Sumitomo Mitsui Financial Group Revenue

3.57 T JPY

Sumitomo Mitsui Financial Group Dividend yield

2.91 %

Ticker

8316.T

ISIN

JP3890350006

WKN

778924

In 2024, Sumitomo Mitsui Financial Group's sales reached 3.57 T JPY, a -41.74% difference from the 6.13 T JPY sales recorded in the previous year.

The Sumitomo Mitsui Financial Group Revenue history

YEARREVENUE (undefined JPY)GROSS MARGIN (%)
2027e3.8991,68
2026e3.8492,88
2025e3.7296,02
2024e3.5799,94
20236.1358,22
20224.168,57
2021--
2020--
2019--
2018--
2017--
2016--
2015--
2014--
2013--
2012--
2011--
2010--
2009--
2008--
2007--
2006--
2005--
2004--

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.

Revenue Details

Understanding Sumitomo Mitsui Financial Group's Sales Figures

The sales figures of Sumitomo Mitsui Financial Group originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Sumitomo Mitsui Financial Group’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Sumitomo Mitsui Financial Group's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Sumitomo Mitsui Financial Group’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Sumitomo Mitsui Financial Group Stock

How much revenue did Sumitomo Mitsui Financial Group generate this year?

Sumitomo Mitsui Financial Group has achieved a revenue of 3.57 T JPY this year.

How much was the turnover of the company Sumitomo Mitsui Financial Group compared to the previous year?

The revenue of Sumitomo Mitsui Financial Group has increased by -41.74% decreased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Sumitomo Mitsui Financial Group?

The revenue of Sumitomo Mitsui Financial Group is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Sumitomo Mitsui Financial Group measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Sumitomo Mitsui Financial Group so important for investors?

The revenue of Sumitomo Mitsui Financial Group is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

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 2.91 %. 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 2.91 %.

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 %.

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.