Sumitomo Mitsui Financial Group Profit Rises 22% in Fiscal 2024

MT Newswires Live

05-14

Sumitomo Mitsui Financial Group (TYO:8316) profit attributable to owners of the parent rose 22% to 1.178 trillion yen for the fiscal 2024 from 962.9 billion yen a year ago.

The financial services group's earnings per share (EPS) rose to 301.48 yen from 241.45 yen a year ago, according to a Tokyo bourse filing on May 14.

Ordinary income gained 8.8% to 10.175 trillion yen for the fiscal year ended March 31 from 9.354 trillion yen.

It declared a final dividend of 62 yen per share for the fiscal year 2025, payable from July 18.

For fiscal 2025, the company expects attributable profit of 1.3 trillion yen or 338.19 yen per share.

The company expects to pay interim and year-end dividends of 68 yen per share, each, for the current fiscal year.

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