Japan's SMFG records 1.5% rise in Q1 profit

Mizuho Financial

31/07/2025 07:34

TOKYO, July 31 (Reuters) - Mitsui Sumitomo Financial Group 8316.T booked a 1.5% rise in net profit in the first quarter, it said on Thursday.

Japan's second-largest banking group recorded net profit of 376.9 billion yen ($2.53 billion) in the April-June quarter, as compared to 371.4 billion yen in the same period a year prior.

 ($1 = 148.7200 yen)

 (Reporting by Anton Bridge; Editing by Himani Sarkar)

 ((Anton.Bridge@thomsonreuters.com;))