Why Banks Could See a "Cash Frenzy" on May 1
He called the Lehman Brothers collapse in 2008... the Bitcoin crash in 2018... and the inflation crisis of 2022. Now, he's warning that the 2023 banking crisis is not over yet. Instead, we could see a cash frenzy at banks as soon as March 11. Do NOT buy another stock until you see his newest presentation.
Financials
| Profit Margin | 0.02 |
| Return on Assets | 0.00 |
| Return on Equity | 0.00 |
| Earnings Per Share | 1.06 |
| Gross Profit | 2,245,153,000,000 |
| Quarterly Revenue Growth | -0.41 |
General
| Name | Sumitomo Mitsui Financial Group, Inc |
| Ticker | SMFG |
| Exchange | NYSE |
| Sector | Financial Services |
| Industry | Banks-Diversified |
| Currency | USD |
| Country | USA |
| Fiscal Year End | March |
| Full Time Employees | 86,400 |
About Sumitomo Mitsui Financial Group, Inc
Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services primarily in Japan. It operates through four segments: Wholesale Business Unit, Retail Business Unit, International Business Unit, and Global Markets Business Unit. The Wholesale Business Unit segment offers financing, investment management, risk hedging, and settlement services, as well as financial solutions related to mergers and acquisition, and other advisory services primarily for large-and mid-sized corporate clients; and various leasing services, including equipment, and operating and leveraged leasing. The Retail Business Unit segment offers wealth management, settlement, consumer finance, and housing loan products and services, as well as business and asset succession services to individuals and small-sized companies. The International Business Unit segment offers loans, deposits, clearing services, trade finance, project finance, loan syndication, derivatives, and cash management services; underwriting services; and leasing services related to the construction machinery, transportation equipment, industrial machinery, medical equipment, and aircraft leasing. The Global Markets Business Unit segment offers solutions through foreign exchange products, derivatives, bonds, stocks, and other marketable financial products. It also undertakes asset liability management operations. The company also offers credit card, Internet banking, system development and engineering, data processing, management consulting and economic research, and investment advisory and investment trust management services. Sumitomo Mitsui Financial Group, Inc. was founded in 2002 and is headquartered in Tokyo, Japan.
Dividend
Sumitomo Mitsui Financial Group, Inc pays out a dividend of $1.59 per share, with a dividend yield of 1.61%.
SMFG's last dividend payment was made to shareholders on December 8, 2017.
They pay out 11.36% of their earnings out as a dividend.
Recent Dividends
| Dec 8, 2023 | $0.18 |
| Jul 10, 2023 | $0.17 |
| Sep 30, 2022 | $0.17 |
| Jul 8, 2022 | $0.15 |
| Dec 10, 2021 | $0.18 |
| Jul 8, 2021 | $0.17 |
| Dec 10, 2020 | $0.18 |
| Jul 7, 2020 | $0.19 |
Donald Trump Could Still Win Even If He Loses In Supreme Court Over Presidential Immunity Claim
Former President Donald Trump could see a strategic victory in his Supreme Court case, even if the court dismisses his claim regarding presidential immunity.
Biden Vs. Trump Contest Could Be Lost Cause For One Candidate If History Were Anything To Go By, According To Pollster
The 2024 election is viewed as closely contested at this stage, with no clear lead emerging, but historical trends suggest a likely winner.
NOT Bitcoin or Options... But Already Making Folks Rich in 2024 - Ad
Former Goldman Sachs Trader Dr. David Eifrig just stepped forward with a way to protect your money this November -- no matter who wins the presidential seat. In fact, election chaos will likely make this even better. It's a "secret" of the rich and connected that 99% of folks don't know about...
Jim Cramer Explains What Could Trigger Further Market Decline: 'If You Want To Get Out, Go Ahead ...'
CNBC host Jim Cramer has outlined potential factors that could lead to further market decline, advising investors to be cautious about their buying and selling decisions.
Trump vs. Biden: Nationwide Poll Shows Key Issue Decidedly Tilts Equation In Favor Of One Candidate
Even though the economy has been relatively stable despite challenges, voters remain unconvinced about the Biden administration's performance.
What Should You Be Doing To "A.I.-Proof" Your Retirement? - Ad
A.I. is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to A.I.-proof your wealth. He lays out three simple steps to take ASAP in his latest video.
This Man, Who Never Went To University, Is Making $1.2M-A-Year At Deloitte At The Age Of 30
Ben Newton, a former apprentice at Deloitte, has achieved the feat of becoming a partner at the age of 30, earning $1.2 million a year.
Biden Reveals Personal Struggles After First Wife's Death: 'Let Me Just Go To The Delaware Memorial And Jump'
In a candid interview with radio host Howard Stern, President Joe Biden revealed his thoughts of suicide following the tragic death of his first wife and daughter.
Savvy Investors Notice "Wonder Metal" in iPhone - Ad
Apple has made use of this unique metal extensively in the new iPhone describing it as having "one of the best strength-to-weight ratios of any metal". It's not just Apple though, with applications in aerospace, defense, and medical devices, titanium has become essential...Unfortunately, 90% of the supply is controlled by adversarial nations meaning a supply disruption would have paralyzing effects on daily life in the US.
Rooting for Trump to fail has made his stock shorters millions
NEW YORK (AP) — Rooting for Donald Trump to fail has rarely been this profitable.
Germany's Scholz calls for fair competition and warns against dumping during China visit
BEIJING (AP) — German Chancellor Olaf Scholz called for fair competition in trade relations with China while warning about dumping and overproduction as he spoke to students in Shanghai on Monday.
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" - Ad
Denver firm proves its possible to use AI to save the lives of soldiers in combat. England, Germany, Japan and Australia have all signed contracts within the past 18 months.
Atlantic City mayor: I'm committed to my family and city while dealing with daughter abuse charges
ATLANTIC CITY, N.J. (AP) — Atlantic City Mayor Marty Small said Thursday he remains committed to his family and to his city as he deals with charges that he and his wife
If O.J. Simpson's assets go to court, Goldman, Brown families could be first in line
LOS ANGELES (AP) — without having paid the lion’s share of the $33.5 million judgment a California civil jury awarded to the families of his ex-wife Nicole Brown Simpson and her friend .
Should You Buy Bitcoin in 2024? [Expert's Shocking Answer] - Ad
Bitcoin minted 100,000 millionaires and if you're not one of them, that ship has sailed. But there's another millionaire-minting crypto at our doorstep... research shows this coin could be 20X bigger than Bitcoin by the end of the decade. With crypto starting to heat up again, this could be the perfect time to get in.
Vingroup's VinFast Faces Financial Risks Amidst Global Ambitions, With $5.7B Loss Over Past Three Years
Vingroup's VinFast faces financial risks as it expands globally, grappling with a $5.7 billion loss over three years.
Why Real Brokerage Shares Are Gaining Today
Shares of The Real Brokerage surge as Qamar Group, led by CEO Rafay Qamar and COO Jana Pierce, joins, boosting market optimism.
This Is Where the World's Richest Men Are Putting Their Money - Ad
Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."
Apple CEO says that he wants to increase investments in Vietnam
HANOI, Vietnam (AP) — Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub.
San Francisco sues Oakland over new airport name that includes 'San Francisco'
SAN FRANCISCO (AP) — San Francisco on Thursday sued Oakland after officials there voted in favor of changing the name of the city’s airport to San Francisco Bay Oakland International Airport, saying the change will cause confusion and is already affecting its airport financially.
Central Banks Buying Gold in Record Numbers - Ad
Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can... Stacking it in their locked vaults on pallets in record numbers. Find out why right here (and see what you can do to get in too with just a few dollars).
Why Media Company Omnicom Shares Are Trading Higher Premarket Today
Omnicom Group reported 5.4% revenue growth, with organic growth of 4.0%. Adjusted EPS beat expectations.
The world's largest 3D printer is at a university in Maine. It just unveiled an even bigger one
ORONO, Maine (AP) — The world’s largest 3D printer has created a house that can cut construction time and labor. An even larger printer unveiled on Tuesday may one day create entire neighborhoods.
Mystery of the Rich and Connected Revealed - Ad
Former Goldman VP reveals a mysterious "Gold Bank" with huge upside potential... Last time we shared this, some folks could have seen a 995% gain. Don't be surprised if you've never heard of this -- most haven't. But he's sharing all in this new video.
Blackstone Clinches Hipgnosis Deal, Expanding Music Rights Portfolio
Blackstone clinches the acquisition of Hipgnosis Songs Fund for $1.57 billion, outpacing Concord's bid, marking a significant expansion in music rights ownership, with hits from Shakira and Red Hot Chili Peppers joining its repertoire.
Netflix Stock Sized Up By 7 Analysts Post Q1 Results: 'Pivot From A High-Growth, Low-Profit Business To A Slow-Growth, High-Profit Business'
Streaming leader Netflix reported first quarter financial results that were higher than estimates. The company's outlook and decision to stop reporting subscriber figures are weighing on analysts.
Ukraine's "Secret Weapon" Against Russia - Ad
Ukraine has a new weapon that's never been used before in war. This "living software" has been its secret weapon against Russia. The Wall Street Journal Reports: "it's a technical revolution." Early investors can reap 5,633% gains on the small company that makes it.
After Biden Signs TikTok Ban Into Law, Top EU Leader Says Not Ruling Out Action Against Chinese Platform: 'We Know Exactly The Danger'
European Commission President Ursula von der Leyen stated that a TikTok ban in the EU is a possibility, mirroring steps already taken against the platform on Commission corporate phones.
US Regulators Seize Republic First Bancorp, Fulton Bank Steps In As Buyer Amid Regional Banking Woes
Regional bank crisis continues as Republic First Bancorp is seized by U.S. regulators and sold to Fulton Bank.
The No. 1 Crypto for 2024 - Ad
We're entering the final crypto bull run, and 2024 will be your last chance to ever get rich from crypto. These five tiny cryptos are believed to create generational wealth over the next 12 months. $30 trillion is poised to funnel into the crypto markets thanks to a new government regulation just signed.
RTX Soars Above Estimates in Q1, Reiterates FY24 Outlook
RTX Corporation (NYSE: RTX) reported 12% increase in Q1 FY24 net sales to $19.3 billion, beating consensus. Collins Aerospace and Pratt & Whitney drove the growth.
TikTok Sale Or Ban? Social Media Giant's Future Hangs In Balance As House Passes Controversial Bill
On Saturday, the U.S. House of Representatives passed a bill that could significantly impact the future of TikTok in the U.S.
The A.I. Story Nobody is Telling You (Read ASAP) - Ad
There's been a lot of buzz surrounding A.I. over the past couple of years -- but there's only ONE story you should be worried about. Whether you have $500 or $500,000, this radical new A.I. Innovation will have a direct impact on your wealth.
Retail sales up a strong 0.7% in March from February, underscoring the resiliency of the US consumer
NEW YORK (AP) — Americans increased their spending pace in March at a better-than-expected pace the previous month, , underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges.
Alcoa Well-Positioned To Benefit From Positive Pricing Momentum, Analyst Says
Alcoa receives price target increase from analysts after beating earnings estimates. Alumina production and shipments expected to rise in FY24.
Nvidia CEO Says It Will Spark "the Next Revolution" Beyond AI - Ad
Declares this radical biotechnology "is going to be flat out one of the biggest [tech revolutions] ever." And this $10 stock is at the center of all.
Stock market today: Asian shares track Wall Street slump triggered by strong US spending data
BANGKOK (AP) — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks.
'Buying Votes' With Other People's Money, Says Elon Musk, As Biden Announces Additional Student Loan Forgiveness; Bill Ackman Calls It 'Illegal'
Adversaries slammed President Joe Biden for announcing additional student forgiveness, and see it as a vote-buying strategy.
Did This Crypto Millionaire Humiliate Himself? - Ad
On September 2022, crypto millionaire James Altucher published a video saying he had sold all his Bitcoin... and doubled down on this crypto instead. At the time, cryptos had already dropped 70%. But James still said this crypto was a good investment. Was he right? Or did he embarrass himself?
Samsung Electronics Posts A Whopping 931.9% Profit Jump In Q1
In a startling turn of events, Samsung Electronics Co., Ltd. (OTC:SSNLF) has announced a nearly tenfold surge in its first quarter operating profit. The significant increase is primarily attributed to a strong recovery in the company's chip business.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.