SMFG Stock Recent News
SMFG LATEST HEADLINES
Sumitomo Mitsui's fundamentals remain robust. The macro overhang is slowly clearing as well. A stubborn book value discount keeps the risk/reward very favorable.
Sumitomo Mitsui (SMFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
SMFG, QFIN, and DKL made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 22, 2024.
Sumitomo Mitsui (SMFG) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
LOS ANGELES--(BUSINESS WIRE)--Jenius Bank, the digital banking division of SMBC MANUBANK and a member of the SMBC Group, today unveiled the findings of its new survey, The Mind-Money Connection: How Managing Your Finances Can Make You Happier, revealing the tangible ways consumers' financial situations intertwine with our mental health and wellbeing. The report, which surveyed more than 4,000 U.S. consumers*, comes as Americans face a wave of significant financial hurdles, from persistent infla.
LOS ANGELES--(BUSINESS WIRE)--Jenius Bank™ hit a milestone last week, reaching $1 billion in deposits for its high-yield savings product.
Sumitomo Mitsui's latest fiscal year net income and its forward-looking earnings guidance were both better than what the analysts had expected. SMFG has the potential to command a higher P/B multiple, considering its favorable dividend guidance, the new JPY100 billion buyback plan, and the proposed stock split. The multiple positives for Sumitomo Mitsui suggest that a favorable re-rating of the stock's valuation in the future is highly probable.
LI, SMFG and KFY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 12, 2024.
Does Sumitomo Mitsui (SMFG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Sumitomo Mitsui (SMFG) considers further widening its alliance with Jefferies into Asia to compete with its rivals. Also, the bank aims for three successive years of record net profit.