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8316 Sumitomo Mitsui Financial, News Story

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SMFG books 12% rise in Q3 profit

TOKYO, Jan 30 (Reuters) - Japan's second largest banking group Sumitomo Mitsui Financial Group 8316.T reported a 12% rise in third quarter net profit, it said on Friday.

SMFG generated net profit of 461 billion yen ($3 billion)over October-December, up from 410.8 billion yen over the same period the previous year.

The group maintained its annual profit forecast of 1.5 billion yen for the year ended March 2026, having hiked it from 1.3 billion yen in November.

($1 = 153.8700 yen)

 (Reporting by Anton Bridge
Editing by Shri Navaratnam)

 ((Anton.Bridge@thomsonreuters.com))

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