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SMFG (Sumitomo Mitsui Financial Group) Tax Provision : $-3,396 Mil (TTM As of Mar. 2025)


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What is Sumitomo Mitsui Financial Group Tax Provision?

Sumitomo Mitsui Financial Group's tax provision for the three months ended in Mar. 2025 was $-289 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2025 was $-3,396 Mil.

Sumitomo Mitsui Financial Group Tax Provision Historical Data

The historical data trend for Sumitomo Mitsui Financial Group's Tax Provision 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 Tax Provision Chart

Sumitomo Mitsui Financial Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,438.34 -1,809.24 -2,110.87 -2,494.10 -3,442.06

Sumitomo Mitsui Financial Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -571.26 -917.24 -1,068.71 -1,121.16 -288.76

Sumitomo Mitsui Financial Group Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3,396 Mil.

* 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.

Sumitomo Mitsui Financial Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) » Definitions » Tax Provision
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TSE:8306 JPM BAC SHSE:601398 SHSE:601288 SHSE:601939 WFC SHSE:601988 LSE:HSBA ASX:CBA TSX:RY C TSX:TD XMAD:SAN XSWX:UBSG SHSE:601328 XMAD:BBVA TSX:BMO ASX:NAB ASX:WBC
Traded in Other Exchanges
SMFNF:USA SMFG19:Thailand SMFG N:Mexico 8316:Japan 8316:Japan 0LAF:UK 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 2024, its market share of domestic loans was 7.2%, compared with 8.0% 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.