Sumitomo Mitsui Financial Stock Net Income

SMFG Stock  USD 15.27  0.46  3.11%   
Sumitomo Mitsui Financial fundamentals help investors to digest information that contributes to Sumitomo Mitsui's financial success or failures. It also enables traders to predict the movement of Sumitomo Stock. The fundamental analysis module provides a way to measure Sumitomo Mitsui's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sumitomo Mitsui stock.
Last ReportedProjected for Next Year
Net Income962.9 B851.6 B
Net Income Applicable To Common Shares926.7 B973.1 B
Net Income From Continuing Ops968.7 B648.9 B
Net Income Per Share 724.55  760.78 
Net Income Per E B T 0.72  0.75 
At this time, Sumitomo Mitsui's Net Income Per E B T is most likely to increase slightly in the upcoming years.
  
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Sumitomo Mitsui Financial Company Net Income Analysis

Sumitomo Mitsui's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Sumitomo Mitsui Net Income

    
  962.95 B  
Most of Sumitomo Mitsui's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sumitomo Mitsui Financial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sumitomo Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Sumitomo Mitsui is extremely important. It helps to project a fair market value of Sumitomo Stock properly, considering its historical fundamentals such as Net Income. Since Sumitomo Mitsui's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sumitomo Mitsui's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sumitomo Mitsui's interrelated accounts and indicators.

Sumitomo Net Income Historical Pattern

Today, most investors in Sumitomo Mitsui Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sumitomo Mitsui's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Sumitomo Mitsui net income as a starting point in their analysis.
   Sumitomo Mitsui Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Sumitomo Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

4.23 Trillion

At this time, Sumitomo Mitsui's Accumulated Other Comprehensive Income is most likely to increase significantly in the upcoming years.
Based on the recorded statements, Sumitomo Mitsui Financial reported net income of 962.95 B. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is significantly lower than that of the firm.

Sumitomo Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sumitomo Mitsui's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sumitomo Mitsui could also be used in its relative valuation, which is a method of valuing Sumitomo Mitsui by comparing valuation metrics of similar companies.
Sumitomo Mitsui is currently under evaluation in net income category among its peers.

Sumitomo Mitsui ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sumitomo Mitsui's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sumitomo Mitsui's managers, analysts, and investors.
Environmental
Governance
Social

Sumitomo Mitsui Institutional Holders

Institutional Holdings refers to the ownership stake in Sumitomo Mitsui that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sumitomo Mitsui's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sumitomo Mitsui's value.
Shares
Cowen And Company, Llc2024-09-30
1.6 M
American Century Companies Inc2024-09-30
1.4 M
Jpmorgan Chase & Co2024-09-30
1.4 M
Amvescap Plc.2024-09-30
1.4 M
Bank Of America Corp2024-06-30
1.2 M
Anderson Hoagland & Co2024-09-30
850.9 K
O'shaughnessy Asset Management Llc2024-09-30
607.1 K
Royal Bank Of Canada2024-09-30
593.5 K
Natixis Advisors, Llc.2024-06-30
588.7 K
Morgan Stanley - Brokerage Accounts2024-09-30
16.3 M
Goldman Sachs Group Inc2024-09-30
11.2 M

Sumitomo Fundamentals

About Sumitomo Mitsui Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sumitomo Mitsui Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumitomo Mitsui using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumitomo Mitsui Financial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Sumitomo Mitsui Financial is a strong investment it is important to analyze Sumitomo Mitsui's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sumitomo Mitsui's future performance. For an informed investment choice regarding Sumitomo Stock, refer to the following important reports:
Check out Sumitomo Mitsui Piotroski F Score and Sumitomo Mitsui Altman Z Score analysis.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sumitomo Mitsui. If investors know Sumitomo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sumitomo Mitsui listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.525
Earnings Share
1.18
Revenue Per Share
567.4788
Quarterly Revenue Growth
0.183
Return On Assets
0.0035
The market value of Sumitomo Mitsui Financial is measured differently than its book value, which is the value of Sumitomo that is recorded on the company's balance sheet. Investors also form their own opinion of Sumitomo Mitsui's value that differs from its market value or its book value, called intrinsic value, which is Sumitomo Mitsui's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sumitomo Mitsui's market value can be influenced by many factors that don't directly affect Sumitomo Mitsui's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sumitomo Mitsui's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sumitomo Mitsui is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sumitomo Mitsui's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.