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Sumitomo Mitsui Financial Group Net Margin %

: 22.79% (As of Sep. 2021)
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Net margin is calculated as Net Income divided by its Revenue. Sumitomo Mitsui Financial Group's Net Income for the three months ended in Sep. 2021 was $1,484 Mil. Sumitomo Mitsui Financial Group's Revenue for the three months ended in Sep. 2021 was $6,513 Mil. Therefore, Sumitomo Mitsui Financial Group's net margin for the quarter that ended in Sep. 2021 was 22.79%.

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

NYSE:SMFG' s Net Margin % Range Over the Past 10 Years
Min: 12.91   Med: 17.28   Max: 23.82
Current: 18.91

12.91
23.82

NYSE:SMFG's Net Margin % is ranked lower than
71% of the 1470 Companies
in the Banks industry.

( Industry Median: 26.82 vs. NYSE:SMFG: 18.91 )

Sumitomo Mitsui Financial Group Net Margin % Historical Data

The historical data trend for Sumitomo Mitsui Financial Group's Net Margin % 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 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.84 16.07 17.45 23.82 17.10

Sumitomo Mitsui Financial Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only 28.16 14.89 11.72 25.17 22.79

Competitive Comparison

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

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

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



Sumitomo Mitsui Financial Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sumitomo Mitsui Financial Group's Net Margin for the fiscal year that ended in Mar. 2021 is calculated as

Net Margin=Net Income (A: Mar. 2021 )/Revenue (A: Mar. 2021 )
=4717.7207538977/27587.928510908
=17.10 %

Sumitomo Mitsui Financial Group's Net Margin for the quarter that ended in Sep. 2021 is calculated as

Net Margin=Net Income (Q: Sep. 2021 )/Revenue (Q: Sep. 2021 )
=1484.3274843184/6512.5044253411
=22.79 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Sumitomo Mitsui Financial Group Net Margin % Related Terms

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


Sumitomo Mitsui Financial Group Business Description

Sumitomo Mitsui Financial Group logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6029
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 December 2020, its market share of domestic loans was 7.1%, compared with 8.5% 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, areas that it is working on strengthening.

Sumitomo Mitsui Financial Group Headlines

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