Sumitomo Mitsui Financial Group (Sumitomo Mitsui Financial Group) Net Interest Income (for Banks) : $12,886 Mil (As of Mar. 2024)

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What is Sumitomo Mitsui Financial Group Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Sumitomo Mitsui Financial Group's net interest income for the three months ended in Mar. 2024 was $3,591 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was $12,886 Mil.

Sumitomo Mitsui Financial Group's quarterly net interest income declined from Sep. 2023 ($3,160 Mil) to Dec. 2023 ($3,159 Mil) but then increased from Dec. 2023 ($3,159 Mil) to Mar. 2024 ($3,591 Mil).

Sumitomo Mitsui Financial Group's annual net interest income declined from Mar. 2022 ($12,886 Mil) to Mar. 2023 ($12,852 Mil) and declined from Mar. 2023 ($12,852 Mil) to Mar. 2024 ($12,553 Mil).

Sumitomo Mitsui Financial Group Net Interest Income (for Banks) Historical Data

The historical data trend for Sumitomo Mitsui Financial Group's Net Interest Income (for Banks) 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 Net Interest Income (for Banks) Chart

Sumitomo Mitsui Financial Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Net Interest Income (for Banks)

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12,138.59

12,283.61

12,885.96

12,851.55

12,552.88

Sumitomo Mitsui Financial Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															3,321.70	2,974.69	3,160.45	3,158.99	3,591.45

Sumitomo Mitsui Financial Group Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $12,886 Mil.

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 » Net Interest Income (for Banks)

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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.