Sumitomo Mitsui Financial Group, Inc. logo

SMFG

Sumitomo Mitsui Financial Group, Inc.

$13.15

Earnings Summary

Revenue
$1184616Mn
Net Profits
$371355Mn
Net Profit Margins
31.35%
PE Ratio
11.86

Highlights

Revenue:

Sumitomo Mitsui Financial Group, Inc.’s revenue jumped 17.28% since last year same period to $1184616Mn in the Q2 2024. On a quarterly growth basis, Sumitomo Mitsui Financial Group, Inc. has generated -7.92% fall in its revenue since last 3-months.

Net Profits:

Sumitomo Mitsui Financial Group, Inc.’s net profit jumped 49.73% since last year same period to $371355Mn in the Q2 2024. On a quarterly growth basis, Sumitomo Mitsui Financial Group, Inc. has generated 0% jump in its net profits since last 3-months.

Net Profit Margins:

Sumitomo Mitsui Financial Group, Inc.’s net profit margin jumped 27.67% since last year same period to 31.35% in the Q2 2024. On a quarterly growth basis, Sumitomo Mitsui Financial Group, Inc. has generated 8.6% jump in its net profit margins since last 3-months.

PE Ratio:

Sumitomo Mitsui Financial Group, Inc.’s price-to-earnings ratio after this Q2 2024 earnings stands at 11.86.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Sumitomo Mitsui Financial Group, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.3
EPS Estimate Current Year
0.3

Highlights

EPS Estimate Current Quarter:

Sumitomo Mitsui Financial Group, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.3 - a 130.77% jump from last quarter’s estimates.

EPS Estimate Current Year:

Sumitomo Mitsui Financial Group, Inc.’s earning per share (EPS) estimates for the current year stand at 0.3.

Key Ratios

Key ratios of the Sumitomo Mitsui Financial Group, Inc. post its Q2 2024 earnings

Earning Per Share (EPS)
0.36
Return on Assets (ROA)
0
Return on Equity (ROE)
0.07

Highlights

Earning Per Share (EPS):

Sumitomo Mitsui Financial Group, Inc.’s earning per share (EPS) jumped 33.33% since last year same period to 0.36 in the Q2 2024. This indicates that the Sumitomo Mitsui Financial Group, Inc. has generated 33.33% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Sumitomo Mitsui Financial Group, Inc.’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Sumitomo Mitsui Financial Group, Inc.’s return on equity (ROE) stands at 0.07.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-06-27
0.13
0.18
38.46%