GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) » Definitions » Efficiency Overhead Ratio %
中文

Sumitomo Mitsui Financial Group (Sumitomo Mitsui Financial Group) Efficiency Overhead Ratio %

: 0.00% (As of . 20)
View and export this data going back to 2006. Start your Free Trial

Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.

The historical rank and industry rank for Sumitomo Mitsui Financial Group's Efficiency Overhead Ratio % or its related term are showing as below:

SMFG's Efficiency Overhead Ratio % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Efficiency Overhead Ratio % only.

Sumitomo Mitsui Financial Group Efficiency Overhead Ratio % Historical Data

The historical data trend for Sumitomo Mitsui Financial Group's Efficiency Overhead Ratio % 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 Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Efficiency Overhead Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Capital Adequacy Tier - Tier 1 Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Capital Adequacy Tier - Total Capital Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Net Charge Offs to Average Loans %
Get a 7-Day Free Trial Premium Member Only Premium Member Only


Competitive Comparison

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group's Efficiency Overhead Ratio %, along with its competitors' market caps and Efficiency Overhead Ratio % 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) Efficiency Overhead Ratio % Calculation

Efficiency Overhead Ratio % is calculated as

Efficiency Overhead Ratio %=Non-interest Expenses / Revenue

* 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  (NYSE:SMFG) Efficiency Overhead Ratio % Explanation

Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.

An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.


Sumitomo Mitsui Financial Group Efficiency Overhead Ratio % Related Terms

Thank you for viewing the detailed overview of Sumitomo Mitsui Financial Group's Efficiency Overhead Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


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

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.

Sumitomo Mitsui Financial Group (Sumitomo Mitsui Financial Group) Headlines