SMFG vs. BAC, HSBC, RY, C, MUFG, HDB, UBS, TD, IBN, and SAN
Should you be buying Sumitomo Mitsui Financial Group stock or one of its competitors? The main competitors of Sumitomo Mitsui Financial Group include Bank of America (BAC), HSBC (HSBC), Royal Bank of Canada (RY), Citigroup (C), Mitsubishi UFJ Financial Group (MUFG), HDFC Bank (HDB), UBS Group (UBS), Toronto-Dominion Bank (TD), ICICI Bank (IBN), and Banco Santander (SAN). These companies are all part of the "banking" industry.
Sumitomo Mitsui Financial Group vs.
Sumitomo Mitsui Financial Group (NYSE:SMFG) and Bank of America (NYSE:BAC) are both large-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, media sentiment, earnings, profitability, risk, analyst recommendations, dividends, valuation and institutional ownership.
Bank of America has higher revenue and earnings than Sumitomo Mitsui Financial Group. Bank of America is trading at a lower price-to-earnings ratio than Sumitomo Mitsui Financial Group, indicating that it is currently the more affordable of the two stocks.
3.9% of Sumitomo Mitsui Financial Group shares are held by institutional investors. Comparatively, 70.7% of Bank of America shares are held by institutional investors. 0.1% of Sumitomo Mitsui Financial Group shares are held by company insiders. Comparatively, 0.3% of Bank of America shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
In the previous week, Bank of America had 73 more articles in the media than Sumitomo Mitsui Financial Group. MarketBeat recorded 80 mentions for Bank of America and 7 mentions for Sumitomo Mitsui Financial Group. Sumitomo Mitsui Financial Group's average media sentiment score of 1.14 beat Bank of America's score of 1.12 indicating that Sumitomo Mitsui Financial Group is being referred to more favorably in the media.
Bank of America has a consensus price target of $48.58, indicating a potential upside of 8.44%. Given Bank of America's stronger consensus rating and higher probable upside, analysts plainly believe Bank of America is more favorable than Sumitomo Mitsui Financial Group.
Sumitomo Mitsui Financial Group pays an annual dividend of $0.38 per share and has a dividend yield of 2.5%. Bank of America pays an annual dividend of $1.04 per share and has a dividend yield of 2.3%. Sumitomo Mitsui Financial Group pays out 36.9% of its earnings in the form of a dividend. Bank of America pays out 32.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank of America has raised its dividend for 11 consecutive years.
Sumitomo Mitsui Financial Group has a beta of 0.63, suggesting that its share price is 37% less volatile than the S&P 500. Comparatively, Bank of America has a beta of 1.33, suggesting that its share price is 33% more volatile than the S&P 500.
Bank of America received 1821 more outperform votes than Sumitomo Mitsui Financial Group when rated by MarketBeat users. However, 65.78% of users gave Sumitomo Mitsui Financial Group an outperform vote while only 64.96% of users gave Bank of America an outperform vote.
Bank of America has a net margin of 14.10% compared to Sumitomo Mitsui Financial Group's net margin of 12.61%. Bank of America's return on equity of 10.29% beat Sumitomo Mitsui Financial Group's return on equity.
Summary
Bank of America beats Sumitomo Mitsui Financial Group on 18 of the 22 factors compared between the two stocks.
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This page (NYSE:SMFG) was last updated on 2/21/2025 by MarketBeat.com Staff