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FINWIRES

Sumitomo Mitsui Financial Group's Profit Surges 34%

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Sumitomo Mitsui Financial Group's (TYO:8316) profit attributable to owners of the parent increased by 34% to 1.583 trillion yen for the fiscal year 2025 from 1.178 trillion yen a year earlier.

The financial services group's earnings per share increased to 411.88 yen from 301.48 yen a year ago, according to a Tokyo bourse filing on Wednesday.

Ordinary income jumped 6.1% to 10.791 trillion yen for the period ended March 31 from 10.175 trillion yen in the prior year.

It declared a final dividend of 79 yen per share, payable from June 29.

For the fiscal year 2026, the company expects attributable profit of 1.700 trillion yen, and EPS of 223.75 yen.

Sumitomo Mitsui Financial plans to pay interim and year-end dividends of 90 yen per share, each, for the year, based on pre-split share calculations.

After considering the stock split, the estimated interim and year-end dividends per share will be 90 yen and 45 yen, respectively.

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