Sumitomo Mitsui Financial Group's Attributable Profit Jumps Nearly 38% in Fiscal H1; Boosts Dividend Forecasts

MT Newswires Live11-14

Sumitomo Mitsui Financial Group's (TYO:8316) profit attributable to owners of its parent company jumped 37.7% to 725.2 billion yen in the fiscal first half ended Sept. 30, from 526.5 billion yen a year ago partly due to higher interest and trading income.

Japan's second largest lender by assets said earnings per share (EPS) rose to 184.72 yen from 131.43 yen a year ago, according to a Thursday filing.

Ordinary income 17.7% to 5.277 trillion yen from 4.483 trillion yen a year earlier.

It forecasted attributable profit to grow 20.5% to 1.16 trillion yen or 299.94 yen per share for the fiscal year ending March 31, 2025.

In a separate filing, following an upward revision in earnings forecasts for the fiscal year ending March 31, 2025, interim dividends have been increased to 180 yen per share, up 15 yen from the prior forecast of 165 yen.

The year-end dividend is now forecasted at 60 yen per share, up 5 yen, making the annual dividend forecast 120 per share post-split, a 10 yen increase from the previous estimates.

Price (JPY): $3614.00, Change: $+18, Percent Change: +0.50%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483824243?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-14 18:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483824243","market":"hk","top_or_hot":-1,"title":"Sumitomo Mitsui Financial Group's Attributable Profit Jumps Nearly 38% in Fiscal H1; Boosts Dividend Forecasts","media":"MT Newswires Live","content":"<html><body><p> Sumitomo Mitsui Financial Group's (TYO:8316) profit attributable to owners of its parent company jumped 37.7% to 725.2 billion yen in the fiscal first half ended Sept. 30, from 526.5 billion yen a year ago partly due to higher interest and trading income.</p><p>Japan's second largest lender by assets said earnings per share (EPS) rose to 184.72 yen from 131.43 yen a year ago, according to a Thursday filing.</p><p>Ordinary income 17.7% to 5.277 trillion yen from 4.483 trillion yen a year earlier.</p><p>It forecasted attributable profit to grow 20.5% to 1.16 trillion yen or 299.94 yen per share for the fiscal year ending March 31, 2025.</p><p>In a separate filing, following an upward revision in earnings forecasts for the fiscal year ending March 31, 2025, interim dividends have been increased to 180 yen per share, up 15 yen from the prior forecast of 165 yen.</p><p>The year-end dividend is now forecasted at 60 yen per share, up 5 yen, making the annual dividend forecast 120 per share post-split, a 10 yen increase from the previous estimates.</p><p>Price (JPY): $3614.00, Change: $+18, Percent Change: +0.50%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sumitomo Mitsui Financial Group's Attributable Profit Jumps Nearly 38% in Fiscal H1; Boosts Dividend Forecasts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSumitomo Mitsui Financial Group's Attributable Profit Jumps Nearly 38% in Fiscal H1; Boosts Dividend Forecasts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-14 18:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sumitomo Mitsui Financial Group's (TYO:8316) profit attributable to owners of its parent company jumped 37.7% to 725.2 billion yen in the fiscal first half ended Sept. 30, from 526.5 billion yen a ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SMFG","symbol_name":"三井住友金融","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2483824243","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483824243","pubTimestamp":1731580503,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Sumitomo Mitsui Financial Group's  profit attributable to owners of its parent company jumped 37.7% to 725.2 billion yen in the fiscal first half ended Sept. 30, from 526.5 billion yen a year ago partly due to higher interest and trading income.Japan's second largest lender by assets said earnings per share  rose to 184.72 yen from 131.43 yen a year ago, according to a Thursday filing.Ordinary income 17.7% to 5.277 trillion yen from 4.483 trillion yen a year earlier.It forecasted attributable profit to grow 20.5% to 1.16 trillion yen or 299.94 yen per share for the fiscal year ending March 31, 2025.In a separate filing, following an upward revision in earnings forecasts for the fiscal year ending March 31, 2025, interim dividends have been increased to 180 yen per share, up 15 yen from the prior forecast of 165 yen.The year-end dividend is now forecasted at 60 yen per share, up 5 yen, making the annual dividend forecast 120 per share post-split, a 10 yen increase from the previous esti","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SMFG":"三井住友金融","BK4207":"综合性银行"},"translate_title":"三井住友金融集团上半年归属利润增长近38%；提高股息预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMFG":1},"content_text":"Sumitomo Mitsui Financial Group's (TYO:8316) profit attributable to owners of its parent company jumped 37.7% to 725.2 billion yen in the fiscal first half ended Sept. 30, from 526.5 billion yen a year ago partly due to higher interest and trading income.Japan's second largest lender by assets said earnings per share (EPS) rose to 184.72 yen from 131.43 yen a year ago, according to a Thursday filing.Ordinary income 17.7% to 5.277 trillion yen from 4.483 trillion yen a year earlier.It forecasted attributable profit to grow 20.5% to 1.16 trillion yen or 299.94 yen per share for the fiscal year ending March 31, 2025.In a separate filing, following an upward revision in earnings forecasts for the fiscal year ending March 31, 2025, interim dividends have been increased to 180 yen per share, up 15 yen from the prior forecast of 165 yen.The year-end dividend is now forecasted at 60 yen per share, up 5 yen, making the annual dividend forecast 120 per share post-split, a 10 yen increase from the previous estimates.Price (JPY): $3614.00, Change: $+18, Percent Change: +0.50%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483824243"}