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Canal Road Group Secures Equity Commitment from SMBC to Support the CRG Direct Lending Strategy
PRNewswire (Thu, 16-Jul 9:14 AM ET)
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2025, its market share of domestic loans was 7.3%, compared with 8.4% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.
Sumitomo Mitsui Finl Gr trades on the NYSE stock market under the symbol SMFG.
As of October 9, 2026, SMFG stock price declined to $25.13 with 999,063 million shares trading.
SMFG has a beta of 1.11, meaning it tends to be more sensitive to market movements. SMFG has a correlation of 0.18 to the broad based SPY ETF.
SMFG has a market cap of $158.79 billion. This is considered a Large Cap stock.
In the last 3 years, SMFG traded as high as $27.62 and as low as $9.03.
The top ETF exchange traded funds that SMFG belongs to (by Net Assets): AVDE, IDVO, DFIV, DFAI, AVIV.
SMFG has outperformed the market in the last year with a return of +54.6%, while the SPY ETF gained +16.8%. However, in the most recent history, SMFG shares have underperformed the stock market with its stock returning -0.8% in the last 3 month period and -1.5% for the last 2 week period, while SPY has returned +4.7% and +1.5%, respectively.
SMFG support price is $24.84 and resistance is $25.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SMFG shares will trade within this expected range on the day.