Sumitomo Mitsui Financial Group, Inc. Sponsored ADR Stock News

I am downgrading Sumitomo Mitsui Financial from Buy to Hold, following an evaluation of its organic growth outlook and inorganic expansion initiatives. The prospects for SMFNF existing operations are unfavorable; its weaker-than-expected earnings and guidance are reflective of headwinds resulting from the trade war. But Sumitomo Mitsui has made smart moves like the SoftBank partnership and the ...

MARTINSVILLE, Ind. , May 13, 2025 /PRNewswire/ -- The American Camp Association (ACA) is proud to announce a $500,000 grant initiative, made possible by the generous support of the Sumitomo Mitsui Banking Corporation (SMBC) Global Foundation, part of SMBC Group.

Mitsubishi UFJ Financial Group Inc. is expected to post annual net income of ¥1.90 trillion, according to Visible Alpha estimates based on inputs by at least three analysts. Net income at Sumitomo Mitsui Financial Group Inc. is expected to have reached ¥1.26 trillion for the fiscal year that ended in March. Japanese banks have gained from the country's monetary policy normalization. The Bank of...

NEW YORK--(BUSINESS WIRE)--The SMBC Americas Division has hired Greg Keeley as Chief Operating Officer.

Sumitomo Mitsui Finance and Leasing [RIC:RIC:SUMFL.UL] said on Monday its joint venture will acquire Macquarie Rotorcraft, the helicopter leasing business of financial giant Macquarie's asset management arm.

Sumitomo Mitsui Banking Corporation (“SMBC”) leads a $375 million financing for the Company's Ellendale High Performance Computing (“HPC”) data center campus (the “Ellendale HPC Campus”) Provides further validation of the Ellendale HPC Campus through a partnership with one of the world's leading data center financing platforms DALLAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporatio...

I maintain my Buy rating for Sumitomo Mitsui Financial due to favorable NIM prospects and significant progress in portfolio rationalization, warranting a higher valuation. SMFG's NIM is expected to improve, driven by a favorable rate environment and lower funding costs, with a projected +10% net profit increase in FY26. The bank is optimizing its portfolio by divesting non-core financial invest...

Major Japanese banks logged gains in efficiency measured by their cost-to-income ratios over the 12 months ended Sept. 30, helped by improved profits.