- SMFG annual net income forecast beats estimates with a prediction of 1.06 trillion yen, exceeding the estimate of 989.61 billion yen.
- The company has also reported impressive fourth-quarter results with a net income of 170.11 billion yen, surpassing the estimated 156.11 billion yen.
- A dividend of 135.00 yen has been reported, further boosting investor relations.
- The investment recommendation stands strong with 10 buys, 7 holds and 0 sells, demonstrating solid analyst trust in SMFG.
A look at Sumitomo Mitsui Financial Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Sumitomo Mitsui Financial Group, Inc. stands at a strong position in the long-term outlook according to Smartkarma Smart Scores. With impressive scores in key factors such as Value, Dividend, Growth, Resilience, and Momentum, the company showcases a robust profile. Sumitomo Mitsui Financial Group‘s focus on value, growth potential, dividend distribution, resilience to market fluctuations, and positive momentum indicates a promising future ahead.
Sumitomo Mitsui Financial Group, Inc., known for managing financial operations across diverse subsidiaries, offers commercial banking and an array of financial services. The company’s high Smartkarma Smart Scores in Value, Dividend, Growth, Resilience, and Momentum reflect its strong standing in the industry, pointing towards a positive long-term outlook for investors considering this multinational financial powerhouse.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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