Latest Sumitomo Mitsui Financial Group Inc (SMFG) Headlines
Kroll Bond Rating Agency Assigns Senior Long-Term and Short-Term Debt Ratings to Sumitomo Mitsui Financial Group, Inc.
Business Wire - Tue Jan 14, 4:47PM CST
Kroll Bond Rating Agency (KBRA) has assigned senior long-term and short-term debt ratings of A and K1, respectively, to Sumitomo Mitsui Financial Group, Inc. ("SMFG", the "Group"), a bank holding company. In addition, KBRA has assigned a long-term rating of A+ and short-term rating of K1 to the deposits of the parent's wholly-owned subsidiary, Sumitomo Mitsui Banking Corporation ("SMBC", the "Bank"). The outlook on all ratings is stable.
4 Profitable Large Cap Asian Stocks With Attractive Valuations
at The Street - Mon Jan 06, 4:16PM CST
James Dennin, Kapitall: Asian stocks have hit a 3-week low. What could be causing the dip, and is now a [...]
Pre-Market Pulse: MGIC Investment, Genworth Financial, Nasdaq OMX Group, and Sumitomo Mitsui Financial Group
PR Newswire - Thu Dec 19, 7:00AM CST
On Wednesday, December 18, 2013, the U.S. equity market posted gains. The S&P 500 ended the day at 1,810.65, up 1.66%; the Dow Jones Industrial Average closed at 16,167.97, up 1.84%; and the NASDAQ Composite Index finished at 4,070.06, up 1.15%. The S&P 500 Financials Sector Index rose 2.35% to close the session at 290.54; and the same has gained 2.30% in the previous three trading sessions and 2.27% in the last one month, outperforming the S&P 500, which has gained 1.99% and 1.07% during the respective periods. The major movers in the financial sector included MGIC Investment Corp. (NYSE: MTG), Genworth Financial Inc. (NYSE: GNW), The NASDAQ OMX Group Inc. (NASDAQ: NDAQ), and Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on MTG, GNW, NDAQ, and SMFG now at:
The Zacks Analyst Blog Highlights: Toyota Motor, Nissan Motor, Kyocera, Honda Motor and Sumitomo Mitsui Financial Group
PR Newswire - Mon Dec 09, 8:30AM CST
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Toyota Motor Corp. (NYSE:TM-Free Report), Nissan Motor Co. Ltd. (OTC:NSANY-Free Report), Kyocera Corp. (NYSE:KYO-Free Report), Honda Motor Co., Ltd. (NYSE:HMC-Free Report) and Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG-Free Report).
Today's Research: Genworth Financial Inc., MGIC Investment Corp., The NASDAQ OMX Group Inc., and Sumitomo Mitsui Financial Group Inc.
PR Newswire - Thu Nov 21, 7:51AM CST
The U.S. equity market declined on Wednesday, November 20, 2013. The S&P 500 ended the day at 1,781.37, down 0.36%; the Dow Jones Industrial Average closed at 15,900.82, down 0.41%; and the NASDAQ Composite finished at 3,921.27, down 0.26%. Shares in the financial sector mostly ended on a positive note, even the broader market edged lower. The major movers in the sector included Genworth Financial Inc. (NYSE: GNW), MGIC Investment Corp. (NYSE: MTG), The NASDAQ OMX Group Inc. (NASDAQ: NDAQ), and Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG). AAAResearchReports.com has completed their technical analysis on GNW, MTG, NDAQ, and SMFG and these free reports are accessible by registering at:
Bullish on Japan
at The Street - Mon Nov 18, 9:20AM CST
Here are some funds that may profit from Japan's resurgence.
Early Morning Insight: MGIC Investment Corp., Genworth Financial Inc., The NASDAQ OMX Group Inc., and Sumitomo Mitsui Financial Group Inc.
PR Newswire - Tue Oct 29, 11:43AM CDT
Editor Note: For more information about this release, please scroll to bottom.
Deutsche Bank Initiated at Outperform - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 08, 8:40AM CDT
On Oct 7, 2013, we initiated our coverage on well-known foreign bank, Deutsche Bank AG at Outperform based on its superior position in the market aided by its positive approach to market conditions and cost-curtailment efforts.
Under AAAResearchReports.com Microscope: MGIC Investment Corp., Genworth Financial Inc., The Nasdaq OMX Group Inc., and Sumitomo Mitsui Financial Group Inc.
PR Newswire - Mon Oct 07, 11:17AM CDT
Editor Note: For more information about this release, please scroll to bottom.
Bear of the Day: Bancolombia (CIB) - Bear of the Day
Eric Dutram - ZACKS - Mon Sep 30, 2:27AM CDT
Bear of the Day: Bancolombia (CIB) - Bear of the Day
TD Bank Inks Deal with CIBC & Aimia - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 17, 4:00PM CDT
The Toronto-Dominion Bank recently entered into a definite agreement with Aimia Inc. and Canadian Imperial Bank of Commerce to become the primary issuer of Aeroplan Visa credit cards effective Jan 1, 2014.
Manufacturers Bank Reports First Half 2013 Earnings
Business Wire - Fri Sep 13, 11:23AM CDT
Manufacturers Bank (the Bank), a California commercial bank with total assets of $2.23 billion, is a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation (SMBC), which in turn is a wholly owned subsidiary of Sumitomo Mitsui Financial Group (SMFG). The Bank reported net income for the six months ended June 30, 2013 of $3.5 million compared to $3.2 million for the same period in 2012. Increased earning assets and a reduction in non-interest expense resulted in favorable year over year earnings performance.
SoftBank Taps 19 Banks for $20 Billion Loan to Pay for Sprint Deal
Tim Brugger, The Motley Fool - Motley Fool - Thu Sep 12, 3:07PM CDT
To fund its recent acquisition of Sprint Communications , as well as consolidate other debt, Japanese-based telecom giant SoftBank (NasdaqOTH: SFTBF) will contract with 19 banks to secure a total of $20 billion in loans, Softbank announced ...
Sumitomo Mitsui Banking Corporation implements DIGIPASS 275 for secure retail banking services
PR Newswire - Mon Sep 09, 6:58AM CDT
VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), a leading software security company specializing in strong authentication products and services, announces that Sumitomo Mitsui Banking Corporation (NYSE: SMFG) (www.smbc.co.jp), one of the largest global banks, has decided to implement VASCO's DIGIPASS 275 to secure its retail banking service.
Royal Bank of Canada's Earnings Rise - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 03, 7:10AM CDT
Royal Bank of Canada reported fiscal third-quarter 2013 net income of C$2.2 billion ($2.1 billion), surpassing the year-ago figure of C$2.0 billion ($1.9 billion).
Morning Research: MGIC Investment Corp., Genworth Financial Inc., Sumitomo Mitsui Financial Group Inc., and Nasdaq OMX Group Inc.
PR Newswire - Fri Aug 30, 9:13AM CDT
Editor Note: For more information about this release, please scroll to bottom.
Grupo Financiero Upped to Strong Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 29, 5:30PM CDT
On Aug 28, Zacks Investment Research upgraded Grupo Financiero Galicia S.A. to a Zacks Rank #1 (Strong Buy).
Mitsubishi UFJ Downgraded to Neutral - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 22, 9:20AM CDT
On Aug 22, 2013, we downgraded our long-term recommendation on Mitsubishi UFJ Financial Group Inc. (MTU) to Neutral from Outperform based on the company's undisciplined expense management, which led to elevated G&A expenses and higher credit costs.
Sumitomo Mitsui Financial Upped to Strong Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 19, 7:20AM CDT
On Aug 15, Zacks Investment Research upgraded Sumitomo Mitsui Financial Group Inc. (SMFG) to a Zacks Rank #1 (Strong Buy).
Impressive Earnings for Mitsubishi UFJ - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 02, 8:40AM CDT
Mitsubishi UFJ Financial Group Inc. reported net income of ??255.2 billion ($2.6 billion) for fiscal first-quarter 2014 (ended Jun 30, 2013), up from net income of ??182.9 billion ($2.3 billion) in the year-ago period.
Kroll Bond Rating Agency Assigns Senior Long-Term and Short-Term Debt Ratings to Sumitomo Mitsui Financial Group, Inc.
Business Wire - Tue Jan 14, 4:47PM CST
Kroll Bond Rating Agency (KBRA) has assigned senior long-term and short-term debt ratings of A and K1, respectively, to Sumitomo Mitsui Financial Group, Inc. ("SMFG", the "Group"), a bank holding company. In addition, KBRA has assigned a long-term rating of A+ and short-term rating of K1 to the deposits of the parent's wholly-owned subsidiary, Sumitomo Mitsui Banking Corporation ("SMBC", the "Bank"). The outlook on all ratings is stable.
4 Profitable Large Cap Asian Stocks With Attractive Valuations
at The Street - Mon Jan 06, 4:16PM CST
James Dennin, Kapitall: Asian stocks have hit a 3-week low. What could be causing the dip, and is now a [...]
Pre-Market Pulse: MGIC Investment, Genworth Financial, Nasdaq OMX Group, and Sumitomo Mitsui Financial Group
PR Newswire - Thu Dec 19, 7:00AM CST
On Wednesday, December 18, 2013, the U.S. equity market posted gains. The S&P 500 ended the day at 1,810.65, up 1.66%; the Dow Jones Industrial Average closed at 16,167.97, up 1.84%; and the NASDAQ Composite Index finished at 4,070.06, up 1.15%. The S&P 500 Financials Sector Index rose 2.35% to close the session at 290.54; and the same has gained 2.30% in the previous three trading sessions and 2.27% in the last one month, outperforming the S&P 500, which has gained 1.99% and 1.07% during the respective periods. The major movers in the financial sector included MGIC Investment Corp. (NYSE: MTG), Genworth Financial Inc. (NYSE: GNW), The NASDAQ OMX Group Inc. (NASDAQ: NDAQ), and Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on MTG, GNW, NDAQ, and SMFG now at:
The Zacks Analyst Blog Highlights: Toyota Motor, Nissan Motor, Kyocera, Honda Motor and Sumitomo Mitsui Financial Group
PR Newswire - Mon Dec 09, 8:30AM CST
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Toyota Motor Corp. (NYSE:TM-Free Report), Nissan Motor Co. Ltd. (OTC:NSANY-Free Report), Kyocera Corp. (NYSE:KYO-Free Report), Honda Motor Co., Ltd. (NYSE:HMC-Free Report) and Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG-Free Report).
Today's Research: Genworth Financial Inc., MGIC Investment Corp., The NASDAQ OMX Group Inc., and Sumitomo Mitsui Financial Group Inc.
PR Newswire - Thu Nov 21, 7:51AM CST
The U.S. equity market declined on Wednesday, November 20, 2013. The S&P 500 ended the day at 1,781.37, down 0.36%; the Dow Jones Industrial Average closed at 15,900.82, down 0.41%; and the NASDAQ Composite finished at 3,921.27, down 0.26%. Shares in the financial sector mostly ended on a positive note, even the broader market edged lower. The major movers in the sector included Genworth Financial Inc. (NYSE: GNW), MGIC Investment Corp. (NYSE: MTG), The NASDAQ OMX Group Inc. (NASDAQ: NDAQ), and Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG). AAAResearchReports.com has completed their technical analysis on GNW, MTG, NDAQ, and SMFG and these free reports are accessible by registering at:
Bullish on Japan
at The Street - Mon Nov 18, 9:20AM CST
Here are some funds that may profit from Japan's resurgence.
Early Morning Insight: MGIC Investment Corp., Genworth Financial Inc., The NASDAQ OMX Group Inc., and Sumitomo Mitsui Financial Group Inc.
PR Newswire - Tue Oct 29, 11:43AM CDT
Editor Note: For more information about this release, please scroll to bottom.
Deutsche Bank Initiated at Outperform - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 08, 8:40AM CDT
On Oct 7, 2013, we initiated our coverage on well-known foreign bank, Deutsche Bank AG at Outperform based on its superior position in the market aided by its positive approach to market conditions and cost-curtailment efforts.
Under AAAResearchReports.com Microscope: MGIC Investment Corp., Genworth Financial Inc., The Nasdaq OMX Group Inc., and Sumitomo Mitsui Financial Group Inc.
PR Newswire - Mon Oct 07, 11:17AM CDT
Editor Note: For more information about this release, please scroll to bottom.
Bear of the Day: Bancolombia (CIB) - Bear of the Day
Eric Dutram - ZACKS - Mon Sep 30, 2:27AM CDT
Bear of the Day: Bancolombia (CIB) - Bear of the Day
TD Bank Inks Deal with CIBC & Aimia - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 17, 4:00PM CDT
The Toronto-Dominion Bank recently entered into a definite agreement with Aimia Inc. and Canadian Imperial Bank of Commerce to become the primary issuer of Aeroplan Visa credit cards effective Jan 1, 2014.
Manufacturers Bank Reports First Half 2013 Earnings
Business Wire - Fri Sep 13, 11:23AM CDT
Manufacturers Bank (the Bank), a California commercial bank with total assets of $2.23 billion, is a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation (SMBC), which in turn is a wholly owned subsidiary of Sumitomo Mitsui Financial Group (SMFG). The Bank reported net income for the six months ended June 30, 2013 of $3.5 million compared to $3.2 million for the same period in 2012. Increased earning assets and a reduction in non-interest expense resulted in favorable year over year earnings performance.
SoftBank Taps 19 Banks for $20 Billion Loan to Pay for Sprint Deal
Tim Brugger, The Motley Fool - Motley Fool - Thu Sep 12, 3:07PM CDT
To fund its recent acquisition of Sprint Communications , as well as consolidate other debt, Japanese-based telecom giant SoftBank (NasdaqOTH: SFTBF) will contract with 19 banks to secure a total of $20 billion in loans, Softbank announced ...
Sumitomo Mitsui Banking Corporation implements DIGIPASS 275 for secure retail banking services
PR Newswire - Mon Sep 09, 6:58AM CDT
VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), a leading software security company specializing in strong authentication products and services, announces that Sumitomo Mitsui Banking Corporation (NYSE: SMFG) (www.smbc.co.jp), one of the largest global banks, has decided to implement VASCO's DIGIPASS 275 to secure its retail banking service.
Royal Bank of Canada's Earnings Rise - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 03, 7:10AM CDT
Royal Bank of Canada reported fiscal third-quarter 2013 net income of C$2.2 billion ($2.1 billion), surpassing the year-ago figure of C$2.0 billion ($1.9 billion).
Morning Research: MGIC Investment Corp., Genworth Financial Inc., Sumitomo Mitsui Financial Group Inc., and Nasdaq OMX Group Inc.
PR Newswire - Fri Aug 30, 9:13AM CDT
Editor Note: For more information about this release, please scroll to bottom.
Grupo Financiero Upped to Strong Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 29, 5:30PM CDT
On Aug 28, Zacks Investment Research upgraded Grupo Financiero Galicia S.A. to a Zacks Rank #1 (Strong Buy).
Mitsubishi UFJ Downgraded to Neutral - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 22, 9:20AM CDT
On Aug 22, 2013, we downgraded our long-term recommendation on Mitsubishi UFJ Financial Group Inc. (MTU) to Neutral from Outperform based on the company's undisciplined expense management, which led to elevated G&A expenses and higher credit costs.
Sumitomo Mitsui Financial Upped to Strong Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 19, 7:20AM CDT
On Aug 15, Zacks Investment Research upgraded Sumitomo Mitsui Financial Group Inc. (SMFG) to a Zacks Rank #1 (Strong Buy).
Impressive Earnings for Mitsubishi UFJ - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 02, 8:40AM CDT
Mitsubishi UFJ Financial Group Inc. reported net income of ??255.2 billion ($2.6 billion) for fiscal first-quarter 2014 (ended Jun 30, 2013), up from net income of ??182.9 billion ($2.3 billion) in the year-ago period.
