Sumitomo Mitsui Financial Group, Inc. Sponsored ADR Stock News

NEW YORK & TOKYO--(BUSINESS WIRE)--Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMBC”), and SMBC Nikko Securities Inc. (“SMBC Nikko”) (collectively, “SMBC Group”) announced today that they are significantly expanding their Global Strategic Alliance. SMBC Group and Jefferies initia...

The Japanese firm's SMBC unit plans to raise its stake in the Wall Street bank to up to 20%.

I upgrade SMFG to Buy after reviewing the bank's performance and prospects. Its Q1 results beat expectations, driven by strong net interest income and fee growth. The bank's cautious full-year guidance could be revised upward, especially with improving US-Japan trade clarity and likely BOJ rate hikes.

NEW YORK--(BUSINESS WIRE)--Nick Stevenson has joined SMBC Americas as Group Head of technology, media, and telecommunications (TMT) corporate and investment banking.

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.