Sumitomo Mitsui Financial Group (NYSE:SMFG) Issues FY 2026 Earnings Guidance

Sumitomo Mitsui Financial Group (NYSE:SMFG) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.308-1.308 for the period, compared to the consensus EPS estimate of 1.520.

Sumitomo Mitsui Financial Group Stock Down 1.5%

Shares of SMFG stock opened at $24.38 on Friday. Sumitomo Mitsui Financial Group has a 52-week low of $16.50 and a 52-week high of $27.61. The stock has a market cap of $154.47 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 1.62 and a beta of 0.52. The firm’s 50-day moving average is $25.32 and its 200-day moving average is $23.53. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.05 and a current ratio of 1.05.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last released its quarterly earnings data on Friday, November 13th. The bank reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.25). The business had revenue of $10.85 billion during the quarter, compared to analyst estimates of $8.66 billion. Sumitomo Mitsui Financial Group had a net margin of 16.24% and a return on equity of 10.65%. Sumitomo Mitsui Financial Group has set its FY 2026 guidance at 1.308-1.308 EPS. Sell-side analysts predict that Sumitomo Mitsui Financial Group will post 0.94 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Zacks Research cut shares of Sumitomo Mitsui Financial Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 6th. Weiss Ratings cut shares of Sumitomo Mitsui Financial Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, October 28th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

About Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group, Inc. (SMFG) is a Japan-based financial holding company whose principal subsidiary is Sumitomo Mitsui Banking Corporation (SMBC). The group provides banking and other financial services to individuals, businesses and institutions. Its activities include deposits, lending, payments, foreign exchange, securities and investment banking, as well as leasing, credit cards, consumer finance and asset management. SMFG serves customers in Japan and internationally through its subsidiaries, offices and other operations across the Americas, Europe and Asia.