| Sumitomo Mitsui (SMFG) Upgraded to Strong Buy: Here's What You Should Know |
Sumitomo Mitsui (SMFG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2025-05-15 17:00:38 |
Czytaj oryginał (ang.) |
| Sumitomo Mitsui Banking Corporation (SMBC) Global Foundation supports the American Camp Association (ACA) with Grants to Strengthen Camp-School Partnerships |
MARTINSVILLE, Ind. , May 13, 2025 /PRNewswire/ -- The American Camp Association (ACA) is proud to announce a $500,000 grant initiative, made possible by the generous support of the Sumitomo Mitsui Banking Corporation (SMBC) Global Foundation, part of SMBC Group. |
prnewswire.com |
2025-05-13 19:32:00 |
Czytaj oryginał (ang.) |
| Japan's Megabanks Likely To Post Better-Than-Expected Full-Year Earnings |
Mitsubishi UFJ Financial Group Inc. is expected to post annual net income of ¥1.90 trillion, according to Visible Alpha estimates based on inputs by at least three analysts. Net income at Sumitomo Mitsui Financial Group Inc. is expected to have reached ¥1.26 trillion for the fiscal year that ended in March. Japanese banks have gained from the country's monetary policy normalization. The Bank of Japan has raised its policy rate three times since March 2024, taking its benchmark rate to 0.50% in January 2025. |
seekingalpha.com |
2025-05-12 19:25:00 |
Czytaj oryginał (ang.) |
| SMFG vs. UOVEY: Which Stock Is the Better Value Option? |
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Sumitomo Mitsui (SMFG) and United Overseas Bank Ltd. (UOVEY). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2025-05-07 16:45:44 |
Czytaj oryginał (ang.) |
| BDORY or SMFG: Which Is the Better Value Stock Right Now? |
Investors interested in Banks - Foreign stocks are likely familiar with Banco Do Brasil SA (BDORY) and Sumitomo Mitsui (SMFG). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2025-04-21 16:41:11 |
Czytaj oryginał (ang.) |
| BDORY or SMFG: Which Is the Better Value Stock Right Now? |
Investors interested in Banks - Foreign stocks are likely familiar with Banco Do Brasil SA (BDORY) and Sumitomo Mitsui (SMFG). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2025-04-03 16:40:46 |
Czytaj oryginał (ang.) |
| BDORY vs. SMFG: Which Stock Is the Better Value Option? |
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Do Brasil SA (BDORY) and Sumitomo Mitsui (SMFG). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2025-03-18 14:40:25 |
Czytaj oryginał (ang.) |
| Japan's Sumitomo unit to buy Macquarie's helicopter leasing arm |
Sumitomo Mitsui Finance and Leasing [RIC:RIC:SUMFL.UL] said on Monday its joint venture will acquire Macquarie Rotorcraft, the helicopter leasing business of financial giant Macquarie's asset management arm. |
reuters.com |
2025-03-10 05:26:14 |
Czytaj oryginał (ang.) |
| Are You Looking for a Top Momentum Pick? Why Sumitomo Mitsui (SMFG) is a Great Choice |
Does Sumitomo Mitsui (SMFG) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2025-02-21 15:00:40 |
Czytaj oryginał (ang.) |
| Applied Digital Closes $375 Million Financing with SMBC to Support Ellendale HPC Campus |
Sumitomo Mitsui Banking Corporation (“SMBC”) leads a $375 million financing for the Company's Ellendale High Performance Computing (“HPC”) data center campus (the “Ellendale HPC Campus”) Provides further validation of the Ellendale HPC Campus through a partnership with one of the world's leading data center financing platforms DALLAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure for HPC applications, announced today that the Company, through its HPC subsidiary APLD HPC Holdings LLC (“APLDH”), closed a $375 million financing with SMBC. The Company used a portion of the proceeds to repay its obligations under the Macquarie Capital senior secured note, and the remaining proceeds are intended to be used to advance the development of the first and second data center buildings at the Ellendale HPC Campus. |
globenewswire.com |
2025-02-12 10:00:00 |
Czytaj oryginał (ang.) |
| Sumitomo Mitsui: Margin Improvement And Portfolio Restructuring Efforts Are Key Merits |
I maintain my Buy rating for Sumitomo Mitsui Financial due to favorable NIM prospects and significant progress in portfolio rationalization, warranting a higher valuation. SMFG's NIM is expected to improve, driven by a favorable rate environment and lower funding costs, with a projected +10% net profit increase in FY26. The bank is optimizing its portfolio by divesting non-core financial investments and reallocating capital to more profitable segments, enhancing its Return On Equity. |
seekingalpha.com |
2025-02-11 15:01:51 |
Czytaj oryginał (ang.) |
| Sumitomo Mitsui Considers Expanding Collaboration With Jefferies |
SMFG plans to boost its partnership with JEF to explore new business areas such as equity trading and drive growth in the Asia-Pacific region. |
zacks.com |
2024-12-30 13:10:30 |
Czytaj oryginał (ang.) |
| Sumitomo Mitsui: Many Ways To Win |
Sumitomo Mitsui's fundamentals remain robust. The macro overhang is slowly clearing as well. A stubborn book value discount keeps the risk/reward very favorable. |
seekingalpha.com |
2024-10-18 09:43:43 |
Czytaj oryginał (ang.) |
| SMFG or HDB: Which Is the Better Value Stock Right Now? |
Investors with an interest in Banks - Foreign stocks have likely encountered both Sumitomo Mitsui (SMFG) and HDFC Bank (HDB). But which of these two stocks is more attractive to value investors? |
zacks.com |
2024-09-26 16:41:20 |
Czytaj oryginał (ang.) |
| All You Need to Know About Sumitomo Mitsui (SMFG) Rating Upgrade to Strong Buy |
Sumitomo Mitsui (SMFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). |
zacks.com |
2024-09-16 17:00:29 |
Czytaj oryginał (ang.) |
| SMFG or HDB: Which Is the Better Value Stock Right Now? |
Investors with an interest in Banks - Foreign stocks have likely encountered both Sumitomo Mitsui (SMFG) and HDFC Bank (HDB). But which of these two stocks offers value investors a better bang for their buck right now? |
zacks.com |
2024-09-09 16:45:44 |
Czytaj oryginał (ang.) |
| Best Momentum Stocks to Buy for September 4th |
MHO, SMFG and PED made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 4, 2024. |
zacks.com |
2024-09-04 15:00:33 |
Czytaj oryginał (ang.) |
| New Strong Buy Stocks for September 4th |
FLIC, MHO, SMFG, PED and UL have been added to the Zacks Rank #1 (Strong Buy) List on September 4, 2024. |
zacks.com |
2024-09-04 11:55:23 |
Czytaj oryginał (ang.) |
| New Strong Buy Stocks for August 22nd |
QFIN, SMFG, HOOD, NVMI and CARG have been added to the Zacks Rank #1 (Strong Buy) List on August 22, 2024. |
zacks.com |
2024-08-22 12:36:35 |
Czytaj oryginał (ang.) |
| Best Value Stocks to Buy for August 22nd |
SMFG, QFIN, and DKL made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 22, 2024. |
zacks.com |
2024-08-22 09:05:31 |
Czytaj oryginał (ang.) |
| SMFG vs. IBN: Which Stock Is the Better Value Option? |
Investors interested in Banks - Foreign stocks are likely familiar with Sumitomo Mitsui (SMFG) and ICICI Bank Limited (IBN). But which of these two companies is the best option for those looking for undervalued stocks? |
zacks.com |
2024-08-21 16:41:12 |
Czytaj oryginał (ang.) |
| 7 Financial Stocks That Could Benefit from Rising Interest Rates |
While interest rates remain high, it offers a good opportunity to investors to consider these financial stocks for rising interest rates. An increase in interest rates often results in increased net interest margins for banks and other financial institutions. |
investorplace.com |
2024-08-10 19:00:00 |
Czytaj oryginał (ang.) |
| 3 International Dividend Aristocrats to Diversify Your Portfolio |
In today's world of uncertainties and the global economy, it is crucial to diversify one's investments because otherwise, the risks are rising. One outstanding way to diversify that comes to mind is to invest in international dividend aristocrats. |
investorplace.com |
2024-07-31 10:26:00 |
Czytaj oryginał (ang.) |
| SAN vs. SMFG: Which Stock Is the Better Value Option? |
Investors looking for stocks in the Banks - Foreign sector might want to consider either Banco Santander (SAN) or Sumitomo Mitsui (SMFG). But which of these two stocks is more attractive to value investors? |
zacks.com |
2024-07-30 16:41:30 |
Czytaj oryginał (ang.) |
| Recent Price Trend in Sumitomo Mitsui (SMFG) is Your Friend, Here's Why |
Sumitomo Mitsui (SMFG) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen. |
zacks.com |
2024-07-23 13:51:34 |
Czytaj oryginał (ang.) |
| SAN or SMFG: Which Is the Better Value Stock Right Now? |
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Santander (SAN) and Sumitomo Mitsui (SMFG). But which of these two stocks is more attractive to value investors? |
zacks.com |
2024-07-09 16:45:53 |
Czytaj oryginał (ang.) |
| Jenius Bank Report Shows the Impact of Finances on Mental Health |
LOS ANGELES--(BUSINESS WIRE)--Jenius Bank, the digital banking division of SMBC MANUBANK and a member of the SMBC Group, today unveiled the findings of its new survey, The Mind-Money Connection: How Managing Your Finances Can Make You Happier, revealing the tangible ways consumers' financial situations intertwine with our mental health and wellbeing. The report, which surveyed more than 4,000 U.S. consumers*, comes as Americans face a wave of significant financial hurdles, from persistent infla. |
businesswire.com |
2024-06-24 13:00:00 |
Czytaj oryginał (ang.) |
| SAN or SMFG: Which Is the Better Value Stock Right Now? |
Investors interested in Banks - Foreign stocks are likely familiar with Banco Santander (SAN) and Sumitomo Mitsui (SMFG). But which of these two stocks offers value investors a better bang for their buck right now? |
zacks.com |
2024-06-17 16:40:26 |
Czytaj oryginał (ang.) |
| Jenius Bank Surpasses $1 Billion in Deposits |
LOS ANGELES--(BUSINESS WIRE)--Jenius Bank™ hit a milestone last week, reaching $1 billion in deposits for its high-yield savings product. |
businesswire.com |
2024-05-28 13:00:00 |
Czytaj oryginał (ang.) |
| Meridian Wealth Management LLC Trims Stake in New York Community Bancorp, Inc. (NYSE:NYCB) |
Meridian Wealth Management LLC decreased its stake in New York Community Bancorp, Inc. (NYSE:NYCB – Free Report) by 50.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,800 shares of the financial services provider’s stock after selling 31,800 shares during the quarter. Meridian Wealth Management LLC’s holdings in New York Community Bancorp were worth $325,000 as of its most recent SEC filing. Other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its holdings in New York Community Bancorp by 27,828.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 404,121 shares of the financial services provider’s stock valued at $4,583,000 after purchasing an additional 402,674 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. purchased a new position in shares of New York Community Bancorp in the third quarter valued at about $1,451,000. Teacher Retirement System of Texas boosted its stake in shares of New York Community Bancorp by 22.9% in the third quarter. Teacher Retirement System of Texas now owns 225,549 shares of the financial services provider’s stock worth $2,558,000 after acquiring an additional 42,048 shares during the period. Orion Portfolio Solutions LLC grew its position in shares of New York Community Bancorp by 76.8% during the third quarter. Orion Portfolio Solutions LLC now owns 208,459 shares of the financial services provider’s stock worth $2,364,000 after purchasing an additional 90,530 shares in the last quarter. Finally, M&T Bank Corp raised its stake in New York Community Bancorp by 12.7% during the 3rd quarter. M&T Bank Corp now owns 17,074 shares of the financial services provider’s stock valued at $194,000 after purchasing an additional 1,920 shares during the period. Institutional investors own 67.88% of the company’s stock. New York Community Bancorp Stock Performance Shares of New York Community Bancorp stock opened at $3.69 on Monday. New York Community Bancorp, Inc. has a 12 month low of $1.70 and a 12 month high of $14.22. The stock’s fifty day moving average price is $3.32 and its 200-day moving average price is $6.55. The firm has a market cap of $3.03 billion, a P/E ratio of 369.00 and a beta of 0.95. The company has a current ratio of 1.27, a quick ratio of 1.26 and a debt-to-equity ratio of 3.39. New York Community Bancorp (NYSE:NYCB – Get Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The financial services provider reported ($0.25) earnings per share for the quarter, topping the consensus estimate of ($0.26) by $0.01. New York Community Bancorp had a net margin of 0.62% and a return on equity of 2.91%. The firm had revenue of $633.00 million during the quarter, compared to analysts’ expectations of $776.81 million. During the same quarter in the prior year, the company earned $0.23 EPS. The company’s revenue was down 76.1% compared to the same quarter last year. On average, equities research analysts expect that New York Community Bancorp, Inc. will post -0.48 earnings per share for the current fiscal year. New York Community Bancorp Cuts Dividend The business also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, June 7th will be paid a dividend of $0.01 per share. The ex-dividend date is Friday, June 7th. This represents a $0.04 dividend on an annualized basis and a yield of 1.08%. New York Community Bancorp’s payout ratio is 2,000.00%. Insider Transactions at New York Community Bancorp In other news, Director Marshall Lux acquired 27,100 shares of New York Community Bancorp stock in a transaction dated Thursday, March 21st. The stock was purchased at an average cost of $3.69 per share, for a total transaction of $99,999.00. Following the completion of the purchase, the director now directly owns 64,872 shares in the company, valued at approximately $239,377.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 6.38% of the company’s stock. Wall Street Analyst Weigh In Several research firms have recently issued reports on NYCB. Citigroup reduced their price objective on shares of New York Community Bancorp from $5.00 to $3.50 and set a “neutral” rating on the stock in a research report on Thursday, March 7th. Deutsche Bank Aktiengesellschaft cut New York Community Bancorp from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $15.00 to $7.00 in a report on Friday, February 2nd. JPMorgan Chase & Co. downgraded shares of New York Community Bancorp from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $11.50 to $5.50 in a research note on Wednesday, February 7th. DA Davidson cut shares of New York Community Bancorp from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $8.50 to $5.00 in a research note on Thursday, February 8th. Finally, Bank of America downgraded shares of New York Community Bancorp from a “buy” rating to a “neutral” rating and lowered their price target for the company from $8.50 to $5.00 in a report on Wednesday, February 7th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $5.39. Check Out Our Latest Stock Report on NYCB About New York Community Bancorp (Free Report) New York Community Bancorp, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit. |
https://www.defenseworld.net |
2024-05-20 11:26:46 |
Czytaj oryginał (ang.) |
| Amcor plc (NYSE:AMCR) Shares Sold by Panagora Asset Management Inc. |
Panagora Asset Management Inc. trimmed its position in shares of Amcor plc (NYSE:AMCR – Free Report) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 293,051 shares of the company’s stock after selling 5,050 shares during the period. Panagora Asset Management Inc.’s holdings in Amcor were worth $2,825,000 as of its most recent SEC filing. Other institutional investors have also modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Amcor by 12.3% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 246,555 shares of the company’s stock worth $2,377,000 after buying an additional 27,077 shares in the last quarter. Teacher Retirement System of Texas grew its stake in Amcor by 173.4% during the 4th quarter. Teacher Retirement System of Texas now owns 311,839 shares of the company’s stock worth $3,006,000 after purchasing an additional 197,760 shares in the last quarter. Vanguard Group Inc. increased its holdings in Amcor by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 56,479,105 shares of the company’s stock worth $517,349,000 after purchasing an additional 325,747 shares during the period. Handelsbanken Fonder AB raised its position in Amcor by 20.3% in the 4th quarter. Handelsbanken Fonder AB now owns 1,345,800 shares of the company’s stock valued at $12,974,000 after purchasing an additional 227,145 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of Amcor by 25.8% in the 3rd quarter. Barclays PLC now owns 4,055,670 shares of the company’s stock valued at $37,152,000 after buying an additional 830,959 shares during the period. 45.14% of the stock is owned by institutional investors and hedge funds. Amcor Stock Down 0.9 % Shares of NYSE AMCR opened at $10.27 on Monday. The business has a 50-day moving average of $9.46 and a two-hundred day moving average of $9.41. The company has a market capitalization of $14.84 billion, a price-to-earnings ratio of 22.82, a price-to-earnings-growth ratio of 5.61 and a beta of 0.79. Amcor plc has a 1 year low of $8.45 and a 1 year high of $10.51. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.29 and a quick ratio of 0.75. Amcor (NYSE:AMCR – Get Free Report) last announced its quarterly earnings results on Tuesday, April 30th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. Amcor had a net margin of 4.75% and a return on equity of 24.66%. The firm had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.49 billion. During the same period in the previous year, the company earned $0.18 earnings per share. Amcor’s quarterly revenue was down 7.0% compared to the same quarter last year. On average, analysts forecast that Amcor plc will post 0.7 earnings per share for the current fiscal year. Amcor Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 11th. Investors of record on Wednesday, May 22nd will be given a $0.125 dividend. The ex-dividend date is Tuesday, May 21st. This represents a $0.50 annualized dividend and a yield of 4.87%. Amcor’s dividend payout ratio (DPR) is 111.11%. Wall Street Analysts Forecast Growth Separately, JPMorgan Chase & Co. raised their target price on shares of Amcor from $9.90 to $10.00 and gave the company an “overweight” rating in a report on Wednesday, May 1st. Read Our Latest Stock Report on Amcor About Amcor (Free Report) Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. |
https://www.defenseworld.net |
2024-05-20 11:14:49 |
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