How to Buy Sumitomo Mitsui Financial Group Stock

Sumitomo Mitsui Financial Group Inc

Sumitomo Mitsui Financial Group is a diversified bank company located in Japan, which is part of the Financial Services sector, and is traded under the ticker SMFG on the NYSE exchange.

Sumitomo Mitsui Financial Group stock last closed at $14.79, down 1.86% from the previous day, and has increased 42.07% in one year. It has overperformed other stocks in the Banks - Diversified industry by 0.06 percentage points. Sumitomo Mitsui Financial Group stock is currently +45.86% from its 52-week low of $10.14, and -4.95% from its 52-week high of $15.56.

As of Feb 7, 2025, there are 1.34B SMFG shares outstanding. The market value of SMFG is $98.91B. In the last 24 hours, 1.74M SMFG shares were traded.

How to Buy Sumitomo Mitsui Financial Group Stock

Not sure how to invest in Sumitomo Mitsui Financial Group stock? Here's how.

  1. Decide where to buy Sumitomo Mitsui Financial Group stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Sumitomo Mitsui Financial Group stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Choose your payment method and add your details.
  4. Research Sumitomo Mitsui Financial Group stock: The Sumitomo Mitsui Financial Group ticker symbol is SMFG. Is Sumitomo Mitsui Financial Group stock a good investment? Should you buy shares of SMFG? How do SMFG's underlying business fundamentals look? Do top analysts think Sumitomo Mitsui Financial Group is a good buy? Why has SMFG's stock price moved recently? (Hint: Our stock research tools can help you decide if SMFG is a good stock to buy).
  5. Place your SMFG buy order: Decide if you will purchase SMFG shares at the current market price or use a limit order to purchase SMFG shares at a particular price.
  6. Get updates on your SMFG position: Create a watchlist to track your position in Sumitomo Mitsui Financial Group stock.

Step 1: Decide where to buy Sumitomo Mitsui Financial Group stock

You will need an online brokerage account to access the NYSE market and buy SMFG shares.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, it's time to fill out some personal details so you can buy SMFG stock today.

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  2. Provide your personal details to start a new brokerage account.
  1. Send your information by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have opened your account on a good online stock trading app, your next step is to transfer the money for your investment:

Watch the walkthrough below for more details transferring money into your new brokerage account.

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Step 4: Research Sumitomo Mitsui Financial Group stock

Once you have selected the best place to buy Sumitomo Mitsui Financial Group stock, it's critical to evaluate their stock prior to investing, so you truly comprehend the risk and upside.

Sumitomo Mitsui Financial Group shares data

SMFG Price
$14.79
1w %
-0.6%
1y %
42.07%
5y %
105.7%
P/E
17.76x
P/B
1.06x
P/S
3.95x
PEG
N/A
Revenue
$25.03B
Earnings
$5.53B
Fore. Rev. Growth
N/A
Fore. Earn. Growth
-53.18%
Market Cap
$98.91B
Next Earnings
N/A
Next Dividend
N/A

SMFG Fundamentals

WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis quickly.

You can view all of the due diligence checks on SMFG's stock page.

Is SMFG stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge SMFG's fair value.

Using relative valuations measures:

  • SMFG could be overvalued based on its P/E ratio of 17.76x, relative to Banks - Diversified industry P/E ratio of 14.86x
  • SMFG could be undervalued based on its P/B ratio of 1.06x, relative to Banks - Diversified industry P/B ratio of 1.35x

You can access additional valuation analysis on SMFG's stock here.

SMFG Financial Summary

Signs that SMFG is financially healthy:

  • SMFG earnings of $7.51B is not sufficient to cover its interest payments.

Signs that SMFG is not financially healthy:

  • Total SMFG debt is higher than 5 years ago, relative to shareholder equity.
  • SMFG's operating cash flow of $6.57B allows it to safely service it's debt of $319.07B.
  • SMFG has a relatively high debt to equity ratio of 18.05.
  • SMFG profit margin has gone down from 24.1% to 22.1% in the past year.

You can dive deeper into what analysts are forecasting on the Sumitomo Mitsui Financial Group stock forecast page.

SMFG Trading Indicators

SMA10
15
SMA20
14.79
SMA50
14.69
SMA100
13.87
SMA200
13.37
MACD
0.12
MACD Signal
0.13
MACD Histogram
-0.01
RSI
50.44
Stochastic %K
50.54
Stochastic %D
49.93
StochRSI %K
36.78
StochRSI %D
37.06

SMFG Revenue

Last year, SMFG earnings were $5.53B. In the last 5 year, SMFG's earnings have gone up by 4.25% per year. This was slower than the Banks - Diversified industry average of 7.79%.

Last year, SMFG revenue was $25.03B. During the past 5 year, SMFG's revenue has grown by -1.95% per year. This was slower than the Banks - Diversified industry average of 4%.

Learn more about SMFG's earnings and revenue performance here.

Who is buying/selling SMFG?

In the past 12 months, insiders at SMFG have not bought or sold any shares.

Research more about who owns SMFG shares here.

Does SMFG provide a stable income stream?

No, Sumitomo Mitsui Financial Group doesn't provide an income stream by paying out dividends.

What do other investors have to say about SMFG?

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your SMFG buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Get updates on your SMFG position

Now that you own some shares in SMFG, you'll want to keep up with your shares.

Create a watchlist to keep track of your SMFG stock.

SMFG Feed

How to Buy Stock in Sumitomo Mitsui Financial Group

To summarize, here are the 6 steps you need to take to buy Sumitomo Mitsui Financial Group stock right now:

  1. Decide where to buy Sumitomo Mitsui Financial Group stock
  2. Sign up for a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Sumitomo Mitsui Financial Group stock
  5. Place your SMFG buy order
  6. Get updates on your SMFG position

If you are looking for a brokerage, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your new investment in Sumitomo Mitsui Financial Group, click the button below.

NYSE: SMFG
$14.79-0.28 (-1.86%)
Updated Feb 7, 2025
Open eToro Account
Your capital is at risk.
NYSE: SMFG
$14.79-0.28 (-1.86%)
Updated Feb 7, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Sumitomo Mitsui Financial Group share?

As of Feb 7, 2025, it costs $14.79 to buy one share of Sumitomo Mitsui Financial Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.473 shares of SMFG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Sumitomo Mitsui Financial Group stock?

One way to place an order for Sumitomo Mitsui Financial Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.