0001193125-26-220490
SEC filingSumitomo Mitsui Financial Group reported a 34% increase in ordinary profit for FY2026, driven by higher net interest income and fee income.
Sumitomo Mitsui Financial Group reported a significant increase in ordinary profit for the fiscal year ended March 31, 2026, rising 34.0% to ¥2,303,350 million from ¥1,719,482 million in the prior year. This growth was primarily driven by higher net interest income in the domestic market, increased fee income in the domestic wholesale business, and solid performance in wealth management, payment, and consumer finance businesses. Ordinary income grew 6.1% to ¥10,790,853 million. Profit attributable to owners of parent increased 5.5% to ¥1,582,973 million, and earnings per share rose to ¥411.97 from ¥390.39. The results reflect the company's ability to capitalize on favorable domestic market conditions and expand fee-based revenues. No forward guidance was provided in the filing.