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Sumitomo Mitsui Financial Group: Solid Q1, We Expect A Share Buyback - Seeking Alpha

  • Long Ideas
  • Financials
  • Japan

Aug. 22, 2021 6:57 AM ET Sumitomo Mitsui Financial Group, Inc. (SMFG), SMFNF

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Karreta Advisors

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Long Only, Value, Growth At A Reasonable Price, Long-Term Horizon

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Summary

  • Sumitomo Mitsui Financial Group remains a well-capitalized bank and it reported strong Q1 FY2022 results with gross revenue growth and high asset quality.
  • With improving fundamentals, there is scope for shareholder returns to increase.

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