How to buy Sumitomo Mitsui Financial Group shares

Sumitomo Mitsui Financial Group shares have fallen 0.00% from their previous closing price ($11.38). Learn how to easily invest in Sumitomo Mitsui Financial Group shares in the UK.

Sumitomo Mitsui Financial Group

NYSE: SMFG-USD

About 3 hours ago

$11.38

0.00%

Buy Sumitomo Mitsui Financial Group Shares

Sumitomo Mitsui Financial Group Inc (SMFG) is a publicly traded diversified banking business based in the US which employs around 106,000 staff. Sumitomo Mitsui Financial Group is listed on the NYSE and traded in US dollars. Its current price of $11.38 is 3.9% down on its price a month ago ($11.84).

How to buy shares in Sumitomo Mitsui Financial Group

Choose a platform. If you're a beginner, our share trading platform picks below can help you choose.
Open your account. Provide your personal information and sign up.
Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
Search the platform for stock code: SMFG in this case.
Research shares. The platform should provide the latest information available.
Buy your shares. Place a market order or limit order with your preferred number of shares. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Our top picks for where to buy Sumitomo Mitsui Financial Group shares

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We analysed all popular share dealing platforms in the UK using 35 data points and combined this with our expert insight from using the apps. The platforms we've selected as best for each category offer stand-out features or a unique combination of elements for a specific aspect of investing. If we show a "Promoted for" pick, it's been chosen from among our partners and is based on factors that include special features or offers, and the commission we receive. Keep in mind that our picks may not always be the best for you – it's important to compare for yourself. More details in our full methodology.

Fees calculator for buying Sumitomo Mitsui Financial Group shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

100

Finder score	Account fee	Min. initial deposit	Trade cost	Link
4.39 ★★★★★	£0	$100	£914.15	Go to siteCapital at risk
3.75 ★★★★★	0.12% per year	£0	£913.08	Go to siteCapital at risk
4.3 ★★★★★	£0	£0	£914.15	Go to siteCapital at risk
4.2 ★★★★★	£0	£1	£930.65	Go to siteCapital at risk
4.34 ★★★★★	0% - 0.25%	£100	N/A	Go to siteCapital at risk
4.1 ★★★★★	£0	£0	N/A	Read reviewCapital at risk
4.4 ★★★★★	£0	£0	£914.15	Read reviewCapital at risk

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These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in Sumitomo Mitsui Financial Group

Via a fund

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Sumitomo Mitsui Financial Group), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

Sumitomo Mitsui Financial Group is a major part of the NYSE, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

Is it a good time to buy Sumitomo Mitsui Financial Group stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

Use our graph to track the performance of SMFG stocks over time.

Share price volatility

Over the last 12 months, Sumitomo Mitsui Financial Group's shares have ranged in value from as little as $7.6499 up to $12.455. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Sumitomo Mitsui Financial Group's is 0.638. This would suggest that Sumitomo Mitsui Financial Group's shares are less volatile than average (for this exchange).

Historical closes compared with the last close of $11.38

1 week (2024-04-17)	2.15%
1 month (2024-03-24)	-3.89%
3 months (2024-01-24)	10.49%
6 months (2023-10-24)	18.54%
1 year (2023-04-20)	34.99%
2 years (2022-04-24)	87.79%
3 years (2021-04-22)	61.65%
5 years (2019-04-24)	59.38%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Invest in Sumitomo Mitsui Financial Group shares

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Is Sumitomo Mitsui Financial Group under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Sumitomo Mitsui Financial Group P/E ratio, PEG ratio and EBITDA

P/E ratio
Sumitomo Mitsui Financial Group PEG ratio

Sumitomo Mitsui Financial Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Sumitomo Mitsui Financial Group shares trade at around 14x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Sumitomo Mitsui Financial Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1639. A PEG ratio close to 1 can be interpreted as meaning shares offer reasonable value for the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Sumitomo Mitsui Financial Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

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Frequently asked questions

Dividend yield: 3.19% of stock value
Forward annual dividend yield: 3.19% of stock value
Dividend payout ratio: 20.68% of net profits

Sumitomo Mitsui Financial Group has recently paid out dividends equivalent to 3.19% of its share value annually.

Sumitomo Mitsui Financial Group has paid out, on average, around 20.68% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.19% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 3.19% return on their shares, in the form of dividend payments. In Sumitomo Mitsui Financial Group's case, that would currently equate to about 260 per share.

While Sumitomo Mitsui Financial Group's payout ratio might seem low, this can signify that the company is investing more in its future growth.

Sumitomo Mitsui Financial Group's most recent dividend payout was on 7 December 2023. The latest dividend was paid out to all shareholders who bought their shares by 27 September 2023 (the "ex-dividend date").
Sumitomo Mitsui Financial Group's shares were split on a 1:2 basis on 31 October 2010. So if you had owned 2 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Sumitomo Mitsui Financial Group shares – just the quantity. However, indirectly, the new 100% higher share price could have impacted the market appetite for Sumitomo Mitsui Financial Group shares which in turn could have impacted Sumitomo Mitsui Financial Group's share price.
It's as easy to sell Sumitomo Mitsui Financial Group as it is to buy! Here's how to sell Sumitomo Mitsui Financial Group shares that you already own.
1. Open your investment app. If you've got one with desktop access, you can log in online
2. Go to your portfolio. This should be in the main menu
3. Find your shares. You may be able to search your portfolio
4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
5. Sell your Sumitomo Mitsui Financial Group shares. Your investment platform will let you know when your shares are sold
The easiest way to get hold of some Sumitomo Mitsui Financial Group shares is to sign up for a share trading app and place a market order or basic order. This type of order tells the platform that you're interested, so it'll try to execute it as quickly as it can. It could take some time for the order to go through, especially if there's a lot of volatility in Sumitomo Mitsui Financial Group shares.

Sumitomo Mitsui Financial Group financials

Revenue TTM	$3,878.8 billion
Operating margin TTM	27.02%
Gross profit TTM	$3,988.5 billion
Return on assets TTM	0.35%
Return on equity TTM	7.27%
Profit margin	24.49%
Book value	$10,410.26
Market capitalisation	$73.3 billion

TTM: trailing 12 months

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How to buy Sumitomo Mitsui Financial Group shares

Sumitomo Mitsui Financial Group shares have fallen 0.00% from their previous closing price ($11.38). Learn how to easily invest in Sumitomo Mitsui Financial Group shares in the UK.

How to buy shares in Sumitomo Mitsui Financial Group

Our top picks for where to buy Sumitomo Mitsui Financial Group shares

How we chose these trading apps

Fees calculator for buying Sumitomo Mitsui Financial Group shares with popular apps

Alternative ways to invest in Sumitomo Mitsui Financial Group

Is it a good time to buy Sumitomo Mitsui Financial Group stock?

Share price volatility

Is Sumitomo Mitsui Financial Group under- or over-valued?

Frequently asked questions

Does Sumitomo Mitsui Financial Group pay dividends?

What percentage of Sumitomo Mitsui Financial Group is owned by institutions?

When does the fiscal year end for Sumitomo Mitsui Financial Group?

Where is Sumitomo Mitsui Financial Group based?

Have Sumitomo Mitsui Financial Group's shares ever split?

How to sell Sumitomo Mitsui Financial Group shares

Can you buy Sumitomo Mitsui Financial Group shares with a debit card?

What's the easiest way to buy Sumitomo Mitsui Financial Group shares?

Do you need to complete a W8-BEN form if you want to invest in Sumitomo Mitsui Financial Group

What is the key financial information for Sumitomo Mitsui Financial Group?

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