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Sumitomo Mitsui Financial Group (Sumitomo Mitsui Financial Group) Average Interest Earning Assets (USD Mil) : 0.00 (As of . 20)


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What is Sumitomo Mitsui Financial Group Average Interest Earning Assets (USD Mil)?

Average Interest Earning Assets (USD Mil) is the average of the beginning and ending balances of interest earning assets. Earning Assets are income-producing investments owned by a company without any significant effort on its owners.

Sumitomo Mitsui Financial Group's Average Interest Earning Assets (USD Mil) for the annual that ended in Mar. 2023 was 1,265,270.00 , which is lower than 1,307,650.00 for the pervious year ended in Mar. 2022.

The historical rank and industry rank for Sumitomo Mitsui Financial Group's Average Interest Earning Assets (USD Mil) or its related term are showing as below:

SMFG's Average Interest Earning Assets (USD Mil) is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Average Interest Earning Assets (USD Mil) only.

Sumitomo Mitsui Financial Group Average Interest Earning Assets (USD Mil) Historical Data

The historical data trend for Sumitomo Mitsui Financial Group's Average Interest Earning Assets (USD Mil) 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.

* Premium members only.

Sumitomo Mitsui Financial Group Average Interest Earning Assets (USD Mil) Chart

Sumitomo Mitsui Financial Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Average Interest Earning Assets (USD Mil)
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Competitive Comparison of Sumitomo Mitsui Financial Group's Average Interest Earning Assets (USD Mil)

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group's Average Interest Earning Assets (USD Mil), along with its competitors' market caps and Average Interest Earning Assets (USD Mil) 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  (NYSE:SMFG) Average Interest Earning Assets (USD Mil) Explanation

Earning assets are assets that can generate income directly, such as stocks that pay dividends, bonds that pay interest, real estate properties that generate rental income, copyright and other interest or dividend earning accounts or instruments.

Average Earning Assets are commonly used as a denominator when calculating net interest margin. This ratio can help investors determine whether or not to invest in a financial company by providing visibility into the profitability of their interest income versus their interest expenses.


Sumitomo Mitsui Financial Group Average Interest Earning Assets (USD Mil) Related Terms

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

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