Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG – Get Free Report) Director Mitsui Financial Grou Sumitomo bought 9,247,081 shares of the stock in a transaction on Thursday, September 19th. The stock was purchased at an average price of $59.67 per share, for a total transaction of $551,773,323.27. Following the completion of the purchase, the director now directly owns 9,247,081 shares in the company, valued at $551,773,323.27. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Sumitomo Mitsui Financial Group Trading Up 1.3 %
Sumitomo Mitsui Financial Group stock opened at $12.87 on Friday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.05 and a current ratio of 1.05. Sumitomo Mitsui Financial Group, Inc. has a fifty-two week low of $9.03 and a fifty-two week high of $14.53. The stock has a market cap of $84.77 billion, a P/E ratio of 12.87, a PEG ratio of 0.82 and a beta of 0.60. The firm’s fifty day moving average price is $13.19 and its 200-day moving average price is $12.56.
Sumitomo Mitsui Financial Group (NYSE:SMFG – Get Free Report) last announced its earnings results on Friday, August 2nd. The bank reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.06. Sumitomo Mitsui Financial Group had a return on equity of 8.13% and a net margin of 11.28%. The business had revenue of $16.18 billion for the quarter. Equities research analysts forecast that Sumitomo Mitsui Financial Group, Inc. will post 1.13 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Sumitomo Mitsui Financial Group Company Profile
Sumitomo Mitsui Financial Group, Inc, together with its subsidiaries, provides banking, leasing, securities, credit card, and consumer finance services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit segments.
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