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Japan's second-largest bank, providing retail and corporate banking plus securities (SMBC Nikko) and leasing.
Japan's second-largest bank, providing retail and corporate banking plus securities (SMBC Nikko) and leasing.
Earns mostly from the lending spread, with fees from securities, leasing, cards and consumer finance. It has been buying into overseas lenders and brokers, including Indonesia's BTPN and Vietnam's VPBank, and a growing stake in the US investment bank Jefferies, to offset slow domestic loan demand.
In one line: Japan's Bank of America.
Moat: narrow (scale, brand, regulatory licence). One of Japan's three megabanks with entrenched corporate lending relationships and branch scale.
Headquarters: Tokyo, Japan · Founded: 2002 · Employees: 122,970
Size Sumitomo Mitsui Financial (8316.T) is a Japan Financials company (Major Banks) with a market value of $145B, the 6th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥6,990 on 6 Nov 2026.
Performance Over six months the shares gained 35.0%, against +10.5% for the median peer and +1.8% for the Japan market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 10.7% over the last twelve months (peer median +3.0%); the operating margin is 39.2% (peer median 36.8%).
Valuation It trades at 1.42× book value against a peer median of 1.69× (8th cheapest of 21).
Price implies The share price implies a return on equity of about 10.0%; Sumitomo Mitsui Financial delivers 11.2%, so the price asks less than the business earns today.
Credit Sumitomo Mitsui Financial has 19 bonds outstanding ($12.9B), rated A- by the agencies and trading like A+ at a weighted spread of 81 bp.
Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥10.5T | ¥10.6T | ¥9.93T | ¥8.97T | ¥6.00T |
| Revenue growth | — | +6% | +11% | +49% | — |
| Net income | ¥1.71T | ¥1.58T | ¥1.18T | ¥963B | ¥806B |
| Free cash flow | n/a | ¥6.93T | ¥205B | ¥4.72T | ¥1.75T |
| Capital expenditure | n/a | ¥478B | ¥367B | ¥392B | ¥299B |
| Total debt | ¥59.2T | ¥58.4T | ¥61.6T | ¥56.9T | ¥50.1T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Sumitomo Mitsui Financial 8316.T | $145B | +35% | +11% | 11% | 1.42× | 10.0% |
| Mitsubishi Ufj Financial 8306.T | $230B | +14% | +11% | 13% | 1.60× | 11.2% |
| Mizuho Financial 8411.T | $110B | +7% | +6% | 13% | 1.52× | 11.5% |
| Bank of America BAC | $341B | -3% | -1% | 11% | 1.26× | 12.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 8316.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +6.0% | +2.4% | 5th highest of 21 |
| 6-month return | +35.0% | +10.5% | highest of 21 |
| Return on equity | 11.2% | 12.9% | 6th lowest of 21 |
| Price / book | 1.42× | 1.69× | 8th cheapest of 21 |
| Trailing P/E | 13.5× | 11.9× | 9th most expensive of 20 |
| ROE the price implies | 10.0% | 15.1% | 3rd least demanding of 21 |
| ROE delivered | 11.2% | 12.9% | 6th lowest of 21 |
| Bond spread | 81 bp | 76 bp | 5th widest of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Sumitomo Mitsui Financial 8316.T | Japan | $145B | +35% | +11% | 11% | 1.42× | 10.0% | 11.2% |
| Banco Bilbao Vizcaya Argentaria BBVA.MC | Spain | $140B | +20% | +9% | 20% | 2.15× | 24.8% | 19.6% |
| DBS D05.SI | Singapore | $155B | +19% | -5% | 16% | 2.83× | 21.4% | 16.3% |
| UniCredit UCG.MI | Italy | $130B | +6% | +2% | 17% | 1.77× | 25.8% | 17.3% |
| HDFC Bank HDFCBANK.NS | India | $129B | -1% | +5% | 14% | 2.00× | 24.8% | 13.9% |
| China Merchants Bank 600036.SS | China | $164B | +12% | +9% | 14% | 0.94× | 5.4% | 13.6% |
| Cm Bank 3968.HK | Hong Kong | $165B | +16% | +3% | 13% | 0.99× | 10.2% | 13.3% |
| Capital One COF | United States | $121B | +7% | +26% | 9% | 1.11× | 11.1% | 9.3% |
| Intesa Sanpaolo ISP.MI | Italy | $120B | +6% | -6% | 16% | 1.81× | 20.7% | 16.4% |
| Banco Santander SAN.MC | Spain | $174B | +4% | +15% | 13% | 1.40× | 17.1% | 13.1% |
| Bank of Montreal BMO.TO | Canada | $120B | +16% | -2% | 11% | 2.14× | 16.4% | 10.6% |
| BNP Paribas BNP.PA | France | $114B | 0% | +8% | 11% | 0.84× | 10.4% | 10.9% |
| Bank of Nova Scotia BNS.TO | Canada | $114B | +21% | -3% | 12% | 1.99× | 16.3% | 11.6% |
| Mizuho Financial 8411.T | Japan | $110B | +7% | +6% | 13% | 1.52× | 11.5% | 12.5% |
| Commonwealth Bank of Australia CBA.AX | Australia | $194B | +9% | +1% | 14% | 3.56× | 33.3% | 13.9% |
| Bank of Communications 3328.HK | Hong Kong | $107B | +19% | +3% | 8% | 0.55× | 4.8% | 8.3% |
| Citigroup C | United States | $200B | -5% | +5% | 9% | 1.03× | 10.9% | 9.1% |
| Toronto-Dominion Bank TD.TO | Canada | $208B | +18% | -11% | 13% | 2.48× | 15.3% | 12.8% |
| Oversea-Chinese Banking O39.SI | Singapore | $97.6B | +23% | -3% | 13% | 2.02× | 14.9% | 13.2% |
| U.S. Bancorp USB | United States | $92.6B | +8% | +1% | 13% | 1.55× | 13.9% | 12.8% |
| Mitsubishi Ufj Financial 8306.T | Japan | $230B | +14% | +11% | 13% | 1.60× | 11.2% | 12.6% |
Sumitomo Mitsui Financial has 19 bonds outstanding with $12.9B face value. The agencies rate it A-; its bonds trade like A+. Weighted yield 4.09%, a spread of 81 bp over government bonds.