Sumitomo Mitsui Financial Group (BSP:S1MF34) Research & Development: R$0 Mil (TTM As of Mar. 2026)


BSP:S1MF34 Sumitomo Mitsui Financial Group Inc BSP:S1MF34
62 GF Score
Price R$124.23
GF Value R$82.90
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sumitomo Mitsui Financial Group Research & Development?

Sumitomo Mitsui Financial Group BSP:S1MF34 62 Research & Development is R$0 Mil as of Mar. 2026. GuruFocus rates BSP:S1MF34 with a GF Score™ of 62/100 and a GF Value™ of R$82.90 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Sumitomo Mitsui Financial Group's Research & Development for the three months ended in Mar. 2026 was R$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was R$0 Mil.

Sumitomo Mitsui Financial Group  (BSP:S1MF34) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Sumitomo Mitsui Financial Group Research & Development Related Terms

Sumitomo Mitsui Financial Group Research & Development Historical Data

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The historical data trend for Sumitomo Mitsui Financial Group's Research & Development 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.

Sumitomo Mitsui Financial Group Research & Development Chart

Sumitomo Mitsui Financial Group Annual Data
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Sumitomo Mitsui Financial Group Quarterly Data
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BSP:S1MF34
62GF Score
Sumitomo Mitsui Financial Group Inc BSP:S1MF34
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Sumitomo Mitsui Financial Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$0 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of R$0 Mil mean?
Sumitomo Mitsui Financial Group (BSP:S1MF34) has a Research & Development of R$0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Sumitomo Mitsui Financial Group and its competitors.
Is Sumitomo Mitsui Financial Group's Research & Development too high?
Sumitomo Mitsui Financial Group's current Research & Development is R$0 Mil. Overall, Sumitomo Mitsui Financial Group has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sumitomo Mitsui Financial Group's Research & Development compare to JPM and BAC?
Sumitomo Mitsui Financial Group's Research & Development of R$0 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Banks company?
A good Research & Development depends on the Banks industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Sumitomo Mitsui Financial Group and its competitors. Sumitomo Mitsui Financial Group's current Research & Development is R$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumitomo Mitsui Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Sumitomo Mitsui Financial Group (BSP:S1MF34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$82.90, compared to a current price of R$124.23 — trading 49.9% above its estimated fair value. The current Research & Development is R$0 Mil. Sumitomo Mitsui Financial Group's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Sumitomo Mitsui Financial Group (BSP:S1MF34), the current Research & Development is R$0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sumitomo Mitsui Financial Group (BSP:S1MF34) Overvalued in 2026?

Based on GuruFocus' analysis, Sumitomo Mitsui Financial Group stock appears to be overvalued. The current stock price of R$124.23 is trading 49.9% above its estimated GF Value™ of R$82.90. GuruFocus considers Sumitomo Mitsui Financial Group to be Significantly Overvalued.

Key valuation signals for BSP:S1MF34:

  • Research & Development: R$0 Mil
  • GF Value™: R$82.90 vs. price of R$124.23 (49.9% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the BSP:S1MF34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

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 2025, its market share of domestic loans was 7.3%, compared with 8.4% 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.
62GF Score

Get the complete analysis for BSP:S1MF34

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$124.23
Price
R$82.90
GF Value