0LAF.L - Sumitomo Mitsui Financial Group, Inc.
| Previous close | 7.96 |
| Open | 8.06 |
| Bid | 0.00 x N/A |
| Ask | 0.00 x N/A |
| Day's range | 8.01 - 8.06 |
| 52-week range | 5.42 - 9.15 |
| Volume | |
| Avg. volume | 866 |
| Market cap | N/A |
| Beta (5Y monthly) | 0.78 |
| PE ratio (TTM) | 0.11 |
| EPS (TTM) | 0.76 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Business Wire
Jefferies and SMBC Expand and Strengthen Strategic Alliance, Broadening Joint Business Efforts and Increasing SMBC’s Equity Ownership in Jefferies
NEW YORK & TOKYO, April 27, 2023--Jefferies Financial Group, Inc. (NYSE: JEF) ("Jefferies") and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) ("SMFG"), Sumitomo Mitsui Banking Corporation ("SMBC"), SMBC Nikko Securities Inc. ("SMBC Nikko"), and SMBC Nikko Securities America Inc. (collectively, "SMBC Group") announced today that they have expanded their strategic alliance to collaborate on future corporate and investment banking business opportunities, as well as in equity sales, trading, an
ReutersJapan's SMFG is first global bank to sell AT1 bonds since C.Suisse wipeout
TOKYO (Reuters) -Japan's Sumitomo Mitsui Financial Group (SMFG) sold $1 billion of additional tier-1 (AT1) debt on Wednesday, becoming the first major global bank to sell the risky securities since similar bonds issued by Credit Suisse were wiped out last month. "SMFG had a choice of not selling them but they went ahead, likely signalling that the Japanese financial system may be more stable than those in other countries," said Nana Otsuki, senior fellow at Pictet Japan. AT1 bonds - the riskiest tranche of a bank's bonds also known as "contingent convertibles" or "CoCo" bonds - can be converted into equity or written off if a bank's capital level falls below a certain threshold.
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ZacksThe Zacks Analyst Blog Highlights Sumitomo Mitsui Financial Group, Mizuho Financial Group, Barclays and Banco do Brasil
Sumitomo Mitsui Financial Group, Mizuho Financial Group, Barclays and Banco do Brasil are included in this Analyst Blog.
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- Reuters SG
SMBC joins list of lessors pursuing Russian claims through the courts
SMBC Aviation Capital has joined most of the world's largest aircraft lessors in pursuing insurance claims through the courts over jets it owns that are stuck in Russia, an Irish High Court filing showed. Irish-headquartered SMBC recorded an impairment of $1.6 billion earlier this year to cover the full financial impact of having 34 jets stuck in Russia after European Union sanctions that forced the termination of all Russian leases. The filing, issued against Lloyd's of London on Nov. 28, did not include details on the size of the claim by SMBC, which is owned by a consortium including Japan's Sumitomo Corp and Sumitomo Mitsui Financial Group.
ReutersStrong loan demand boosts Q2 profits at Japan's Sumitomo Mitsui, Mizuho
TOKYO (Reuters) -Sumitomo Mitsui Financial Group Inc and Mizuho Financial Group on Monday reported strong second-quarter profits on demand from overseas clients looking to lock in loans ahead of higher interest rates. Sumitomo Mitsui, Japan's second-largest bank by assets, lifted its net profit forecast for the full year to March by 5% to 770 billion yen ($5.51 billion) after posting an 8% profit increase for July-September. "Expectations for higher interest rates drove overseas clients, mainly in the United States, to lock in loans," Sumitomo Mitsui CEO Jun Ohta told a press briefing.
Business WireSMBC Nikko Securities America, Inc. Appoints Raffi Dawson as Managing Director, Head of Structured Finance Group
NEW YORK, November 08, 2022--SMBC Nikko Securities America, Inc. Appoints Raffi Dawson as Managing Director, Head of Structured Finance Group
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Business WireSMBC Group to Launch Jenius Bank™, a New Digital Consumer Banking Business in the U.S.
TOKYO, August 24, 2022--SMBC Group to Launch Jenius BankTM, a New Digital Consumer Banking Business in the U.S.
Business WireSMBC Latin America Closes Landmark Renewables Transaction With $710 Million Bond Issuance, One of the Largest Private Placement in Region’s Recent History
NEW YORK, August 23, 2022--SMBC Latin America Closes Landmark Renewables Transaction With $710 Million Bond Issuance
Business WireSMBC Further Strengthens Real Estate, Gaming & Leisure Banking Practice with Two New Senior Hires
NEW YORK, August 16, 2022--SMBC Further Strengthens Real Estate, Gaming & Leisure Banking Practice with Two New Senior Hires
Business WireSMBC Hires Mark Corteil as Chief Credit Risk Officer
NEW YORK, August 09, 2022--SMBC Hires Mark Corteil as Chief Credit Risk Officer
- Reuters SG
UPDATE 2-Mitsubishi UFJ profit dives on one-off losses linked to U.S. unit sale, Grab
Mitsubishi UFJ Financial Group Inc reported a 70% plunge in first-quarter net profit, blaming one-off losses related to the sale of MUFG Union Bank and a drop in the value of its stake in ride-hailing firm Grab Holdings. The bank, Japan's largest lender by assets, booked an appraisal loss of 254 billion yen ($1.9 billion) on bonds and other assets held by MUFG Union Bank, an accounting treatment required ahead of the $8 billion sale of the U.S. retail banking unit to U.S. Bancorp later this year. The previously flagged loss would be partly offset when the sale is complete, and the overall impact on full-year net profit is expected to be around 200 billion yen, the bank said.
CNW GroupMarathon Capital and Sumitomo Mitsui Banking Corporation Form Strategic Partnership
Marathon Capital, LLC ("Marathon Capital"), a leading independent investment banking firm, has entered into a strategic collaboration agreement ("SCA") with Sumitomo Mitsui Banking Corporation ("SMBC"), one of the largest industrial, energy and infrastructure lenders in the world. SMBC is a member of SMBC Group, a top-tier global financial group headquartered in Tokyo with approximately $2 trillion of consolidated total assets. In conjunction with the SCA, the Parties have entered into a definit