Sumitomo Mitsui Financial Group, Inc reports results for the quarter ended June 30 - Earnings Summary
Sumitomo Mitsui Financial Group, Inc reports results for the quarter ended June 30 - Earnings Summary
Sumitomo Mitsui Financial Group, Inc 8316.T reported quarterly adjusted earnings of JPY131.59 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of JPY97.46. The mean expectation of three analysts for the quarter was for earnings of JPY113.65 per share. Wall Street expected results to range from JPY96.09 to JPY126.57 per share.
Revenue fell 31% to JPY1.69 trillion from a year ago.
Sumitomo Mitsui Financial Group, Inc's reported EPS for the quarter was JPY131.59.
The company reported quarterly net income of JPY501.37 billion.
Sumitomo Mitsui Financial Group, Inc shares had risen by 5.0% this quarter and gained 32.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Sumitomo Mitsui Financial Group, Inc is JPY7,775.00, about 12.4% above its last closing price of JPY6,814.00
This summary was machine generated from LSEG data July 31 at 08:15 p.m. UTC. All figures in yen unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.14 hundred | 1.32 hundred | Beat |
Mar. 31 2026 | 59.53 | 49.30 | Missed |
Dec. 31 2025 | 1.02 hundred | 1.20 hundred | Beat |
Sep. 30 2025 | 1.01 hundred | 1.45 hundred | Beat |
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