Sumitomo Mitsui Financial Group (8316) Q3 2025 earnings summary

Executive summary

• Ordinary income rose 14.4% year-over-year to ¥7,652.3 billion for the nine months ended December 31, 2024.

• Ordinary profit increased 35.3% year-over-year to ¥1,619.1 billion, and profit attributable to owners of parent surged 43.3% to ¥1,136.0 billion.

• Consolidated gross profit grew by ¥436.0 billion year-over-year, driven by higher net interest income and fees.

Financial highlights

• Earnings per share (EPS) was ¥289.99, up from ¥198.24, reflecting a three-for-one stock split.

• Total assets increased to ¥310.9 trillion from ¥295.2 trillion as of March 31, 2024.

• Net assets rose to ¥15.28 trillion, with a net assets ratio of 4.9%.

• Non-performing loan (NPL) ratio improved to 0.68% (down 0.13 points), with total NPLs at ¥911.3 billion.

• Unrealized gains on securities stood at ¥3,213.2 billion, with notable gains in stocks and other securities.

Outlook and guidance

• Full-year profit attributable to owners of parent is forecast at ¥1,160.0 billion, up 20.5% year-over-year.

• Forecasted EPS for the fiscal year ending March 31, 2025 is ¥299.48, reflecting the stock split and share repurchase.

• Dividend forecast remains unchanged at ¥360.00 per share (pre-split basis).