Tokyo - Delayed Quote JPY

Sumitomo Mitsui Financial Group, Inc. (8316.T)

3,233.00

+66.00

(+2.08%)

At close: 2:51 PM GMT+9

Ecopetrol Taps Sumitomo Loan After Postponing Bond Deal

(Bloomberg) -- Ecopetrol SA is using a loan with Sumitomo Mitsui Banking Corporation to pay down other debt after it postponed the sale of bonds in the international market this week. Most Read from BloombergDubai’s Allure to Expats Is Weighing on City’s InfrastructureThe Master Plan That Shaped Pakistan’s Capital Is No Longer WorkingThe Cablebus Transformed Commutes in Mexico City’s Populous OutskirtsAs Brussels Booms, an Old Boogeyman Returns: BrusselizationChicago Marathon to Honor Kenyan Who

Bloomberg 3 days ago

EC

SMFG
Sumitomo Mitsui Financial Group, Inc. (SMFG): Hedge Funds Are Bullish On This Japanese Stock Now

We recently compiled a list of the 10 Best Japanese Stocks To Buy Now. In this article, we are going to take a look at where Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) stands against the other Japanese stocks. As we navigate through 2024, Japan’s economic landscape is emerging as a compelling arena for investors. Despite facing […]

Insider Monkey 22 days ago

SMFG
Sumitomo Hires Toro as CEO of Its Mexico Non-Bank Lender

(Bloomberg) -- Sumitomo Mitsui Banking Corp. hired Juan Toro as managing director and chief executive officer for its Mexican non-bank financial company. Most Read from BloombergThe Moonshot Plan to Eliminate Deaths on America’s RoadsAOC Proposes $30 Billion Social Housing AuthorityBelfast’s Grand Central Station Creates New Era for Northern Ireland’s Public TransportNew York City’s Transit System Plans $65.4 Billion of Upgrades for Grand Central, SubwaysToro will partner with managing director

Bloomberg 24 days ago

SMFG
Best Momentum Stocks to Buy for September 4th

MHO, SMFG and PED made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 4, 2024.

Zacks last month

SMFG

PED
New Strong Buy Stocks for September 4th

FLIC, MHO, SMFG, PED and UL have been added to the Zacks Rank #1 (Strong Buy) List on September 4, 2024.

Zacks last month

SMFG
Japan Bank Shares Rise as 10-Year JGB Yield Hits Nearly One-Month High

Japanese bank stocks rose as the yield on the 10-year Japanese government bonds touched near a one-month high.

The Wall Street Journal last month

8306.T
+2.74%
SMFG
Sumitomo Mitsui Financial Group, Inc. (SMFG): One of the Best Affordable Stocks Under $40 According to Short Sellers

We recently compiled a list of the 10 Best Affordable Stocks Under $40 According to Short Sellers. In this article, we are going to take a look at where Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) stands against the other affordable stocks under $40. Several traders tend to profit from stocks through appreciation. However, some do the […]

Insider Monkey last month

SMFG

^GSPC
Analysis-Foreign lenders lured by rare stake sales in India banks, but tighter rules weigh

Talks to sell majority stakes in two Indian banks have attracted interest from foreign peers in Japan and the Middle East betting on a fast-growing economy, but tighter regulations and valuation concerns could curb their appetite, analysts and sources say. The rare opportunity for foreign banks to take controlling stakes in a market dominated by state-owned banks comes as existing investors in Yes Bank and IDBI Bank look to divest their holdings. Banking sector deals in India, especially those involving foreign entities, are rare.

Reuters last month

YESBANK.NS

IDBI.NS

SMFG
New Strong Buy Stocks for August 22nd

QFIN, SMFG, HOOD, NVMI and CARG have been added to the Zacks Rank #1 (Strong Buy) List on August 22, 2024.

Zacks last month

SMFG
Best Value Stocks to Buy for August 22nd

SMFG, QFIN, and DKL made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 22, 2024.

Zacks last month

SMFG

DKL
Heard Writers Pick Their Favorite and Least-Favorite Stocks

In what is now an August tradition, Heard on the Street’s columnists around the world have begun to publish their stocks picks and pans for the coming year. They will range from household names to companies you might never have heard of. On Tuesday tech-specialist Dan Gallagher recommended shares of Onsemi. AstraZeneca, which has a pipeline practically overflowing with cancer therapies, also could give investors a bonus obesity treatment down the road, says David Wainer.

The Wall Street Journal last month

SMFG

SRPT

ON
Japanese Megabank SMFG Got Thrown Out With the Bath Water

Betting on Sumitomo Mitsui Financial Group, or SMFG —one of the country’s biggest banks—could yield good returns. Shares of Japanese banks have been among the worst performers during the epic crash in the country’s stock market. SMFG has lost 7%.

The Wall Street Journal last month

MFG

MZHOF

8301.T
India's SBI aims to sell its Yes Bank stake worth $2.2 billion by end-March, sources say

State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% stake worth 184.2 billion rupees ($2.2 billion) currently in smaller rival Yes Bank, four sources with direct knowledge said. Japanese lender Sumitomo Mitsui Banking Corp and Dubai-based Emirates NBD are in advanced talks to acquire a majority stake in Yes Bank, two of these sources said. Sumitomo Mitsui is a unit of Sumitomo Mitsui Financial Group, Japan's second-biggest bank.

Reuters 2 months ago

YESBANK.NS

SBIN.NS

SMFG
Japan's SMBC has raised stake in Jefferies Financial to nearly 11%

Jefferies Financial Group said on Monday that Japan's Sumitomo Mitsui Banking Corp (SMBC) has more than doubled its stake in the U.S. investment bank to 10.9%, deepening an alliance dating back to 2021. As part of the expanded ties, Toru Nakashima, the CEO of Sumitomo Mitsui Financial Group, SMBC's parent, joined Jefferies' board of directors on Monday, the U.S. bank said in a statement. SMBC plans to increase its ownership of Jefferies to as much as 15%, as flagged last year.

Reuters 2 months ago

JEF

SMFG
7 Financial Stocks That Could Benefit from Rising Interest Rates

While interest rates remain high, it offers a good opportunity to investors to consider these financial stocks for rising interest rates. An increase in interest rates often results in increased net interest margins for banks and other financial institutions. This is because the difference between the cost of funds and the income from loans is wider. Although the expectation of future rate cuts in the U.S. has brought some uncertainty, at the moment, the high rates remain stable. So, this is ben

InvestorPlace 2 months ago

MUFG

SMFG

BAC
U.S. Stocks Steady on Final Day of Volatile Week

Major stock indexes edged up, with the S&P 500 on track to finish the week just a little below where it started it.

The Wall Street Journal 2 months ago

SMFG

ITOCF

ITOCY
Japanese Bank Stocks Miss Record Nikkei Rebound

Japanese bank stocks were pummeled during Monday's market swoon. Japan’s Topix Banks index gained 3.9% Tuesday, only partially reversing Monday’s worst-in-a-generation 17% fall in the index. Investors and analysts are still trying to unravel what spurred Monday’s historic drop in Japanese lenders, which fell further than all other sectors in Japan.

The Wall Street Journal 2 months ago

SMFG

JPPTY

JPSTF
Japanese Bank Stocks Suffer Worst One-Day Drop Ever

A punishing rotation out of Japan thrashed shares of the country’s banks Monday, sending the Topix Banks index tumbling 17%. Not even during the 2008 financial crisis, the 2020 pandemic meltdown, or the "Black Monday" crash of 1987 did Japanese bank stocks fall so hard. Japan's largest bank, **Mitsubishi UFJ Financial Group**, or MUFG, plunged 18%, its largest one-day tumble ever.

The Wall Street Journal 2 months ago

MFG

MZHOF

SMFG
Sumitomo Mitsui: Fiscal Q1 Earnings Snapshot

TOKYO (AP) — Sumitomo Mitsui Financial Group Inc. SMFG) on Friday reported net income of $2.38 billion in its fiscal first quarter. The Tokyo-based bank said it had earnings of 36 cents per share.

Associated Press Finance 2 months ago

SMFG
PE Firm KKR Becomes Majority Owner in Solar Developer Avantus

KKR, alongside Sumitomo Mitsui Banking Corp., also arranged a $522 million development facility for Avantus.

Hart Energy 2 months ago

SMFG

Performance Overview

Return	8316.T	Nikkei 225
YTD	+51.27%	+19.68%
1-Year	+42.72%	+23.93%
3-Year	+212.37%	+37.77%

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Sumitomo Mitsui Financial Group, Inc. (8316.T)

Ecopetrol Taps Sumitomo Loan After Postponing Bond Deal

Sumitomo Mitsui Financial Group, Inc. (SMFG): Hedge Funds Are Bullish On This Japanese Stock Now

Sumitomo Hires Toro as CEO of Its Mexico Non-Bank Lender

Best Momentum Stocks to Buy for September 4th

New Strong Buy Stocks for September 4th

Japan Bank Shares Rise as 10-Year JGB Yield Hits Nearly One-Month High

Sumitomo Mitsui Financial Group, Inc. (SMFG): One of the Best Affordable Stocks Under $40 According to Short Sellers

Analysis-Foreign lenders lured by rare stake sales in India banks, but tighter rules weigh

New Strong Buy Stocks for August 22nd

Best Value Stocks to Buy for August 22nd

Heard Writers Pick Their Favorite and Least-Favorite Stocks

Japanese Megabank SMFG Got Thrown Out With the Bath Water

India's SBI aims to sell its Yes Bank stake worth $2.2 billion by end-March, sources say

Japan's SMBC has raised stake in Jefferies Financial to nearly 11%

7 Financial Stocks That Could Benefit from Rising Interest Rates

U.S. Stocks Steady on Final Day of Volatile Week

Japanese Bank Stocks Miss Record Nikkei Rebound

Japanese Bank Stocks Suffer Worst One-Day Drop Ever

Sumitomo Mitsui: Fiscal Q1 Earnings Snapshot

PE Firm KKR Becomes Majority Owner in Solar Developer Avantus

Performance Overview