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Sumitomo Mitsui Financial Group 3-Year Average Share Buyback Ratio

: 1.00 (As of Sep. 2021)
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This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

The historical rank and industry rank for Sumitomo Mitsui Financial Group's 3-Year Average Share Buyback Ratio or its related term are showing as below:

NYSE:SMFG' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -22.7   Med: -1.3   Max: 1.1
Current: 1

-22.7
1.1

During the past years, Sumitomo Mitsui Financial Group's highest 3-Year Average Share Buyback Ratio was 1.10. The lowest was -22.70. And the median was -1.30.

NYSE:SMFG's 3-Year Average Share Buyback Ratio is ranked higher than
85% of the 979 Companies
in the Banks industry.

( Industry Median: -1.10 vs. NYSE:SMFG: 1.00 )

Sumitomo Mitsui Financial Group 3-Year Average Share Buyback Ratio Historical Data

The historical data trend for Sumitomo Mitsui Financial Group's 3-Year Average Share Buyback 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 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
3-Year Average Share Buyback Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

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
3-Year Average Share Buyback Ratio 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 - - - - -

Competitive Comparison

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group's 3-Year Average Share Buyback Ratio, along with its competitors' market caps and 3-Year Average Share Buyback 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 3-Year Average Share Buyback Ratio Distribution

For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's 3-Year Average Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Financial Group's 3-Year Average Share Buyback Ratio falls into.



Sumitomo Mitsui Financial Group 3-Year Average Share Buyback Ratio Calculation

This is the average share buyback rate of the company over the past 3 years.


Sumitomo Mitsui Financial Group  (NYSE:SMFG) 3-Year Average Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Sumitomo Mitsui Financial Group 3-Year Average Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Sumitomo Mitsui Financial Group's 3-Year Average Share Buyback Ratio 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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