MAY 13·WWLTV.com▲
Sumitomo Mitsui: Fiscal Q4 Earnings Snapshot
Sumitomo Mitsui Financial Group Inc. reported a net income of $1.2 billion in its fiscal fourth quarter, with earnings of 19 cents per share, or 24 cents per share when adjusted for extraordinary items. The Tokyo-based bank achieved revenue of $14.1 billion in the period, exceeding Street forecasts. For the full year, the company posted a profit of $10.52 billion on revenues of $71.68 billion.
APR 19·MarketBeat→
Sumitomo Mitsui Financial Group Inc $SMFG Shares Acquired by Moran Wealth Management LLC
Moran Wealth Management LLC significantly increased its stake in Sumitomo Mitsui Financial Group (SMFG) during Q4, purchasing 59,296 additional shares and now holding 379,568 shares valued at $7.34 million. Other institutional investors like Tudor Investment Corp, American Century Companies Inc., and Federated Hermes Inc. also boosted their positions, bringing total institutional ownership to about 3.85% of SMFG. Despite a recent EPS miss, the stock holds a "Moderate Buy" analyst consensus, with its market cap standing at $138.1 billion.
