Sumitomo Mitsui Financial Group (Sumitomo Mitsui Financial Group) Revenue : $28,069 Mil (TTM As of Dec. 2023)

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What is Sumitomo Mitsui Financial Group Revenue?

Sumitomo Mitsui Financial Group's revenue for the three months ended in Dec. 2023 was $7,419 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $28,069 Mil. Sumitomo Mitsui Financial Group's Revenue per Share for the three months ended in Dec. 2023 was $1.12. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.20.

Warning Sign:

Sumitomo Mitsui Financial Group Inc revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Sumitomo Mitsui Financial Group was 7.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was -4.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was -0.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Sumitomo Mitsui Financial Group's highest 3-Year average Revenue per Share Growth Rate was 28.40% per year. The lowest was -25.40% per year. And the median was -6.80% per year.

Sumitomo Mitsui Financial Group Revenue Historical Data

The historical data trend for Sumitomo Mitsui Financial Group's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sumitomo Mitsui Financial Group Revenue Chart

Sumitomo Mitsui Financial Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Revenue

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38,824.98

28,734.11

28,065.73

28,868.09

27,826.85

Sumitomo Mitsui Financial Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Revenue	Get a 7-Day Free Trial															6,573.48	6,390.08	7,145.80	7,113.35	7,419.38

Competitive Comparison of Sumitomo Mitsui Financial Group's Revenue

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sumitomo Mitsui Financial Group's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's Revenue distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Financial Group's Revenue falls into.

Sumitomo Mitsui Financial Group Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $28,069 Mil.

Sumitomo Mitsui Financial Group (NYSE:SMFG) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.

Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.

Sumitomo Mitsui Financial Group Revenue Related Terms

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Sumitomo Mitsui Financial Group (Sumitomo Mitsui Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) » Definitions » Revenue

Comparable Companies

Traded in Other Exchanges

SMFNF:USA SMFG:Mexico 8316:Japan 8316:Japan XMF:Germany XMFA:Germany XMF:Germany S1MF34:Brazil

Address

1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

https://www.smfg.co.jp

Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, its market share of domestic loans was 7.1%, compared with 8.1% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.