SMFG vs. BAC, RY, HDB, MUFG, C, IBN, UBS, HSBC, TD, 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), Royal Bank of Canada (RY), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), ICICI Bank (IBN), UBS Group (UBS), HSBC (HSBC), Toronto-Dominion Bank (TD), and Banco Santander (SAN). These companies are all part of the "banking" industry.
Sumitomo Mitsui Financial Group vs.
Bank of America (NYSE:BAC) and Sumitomo Mitsui Financial Group (NYSE:SMFG) are both large-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, institutional ownership, community ranking, valuation, analyst recommendations, media sentiment, risk, earnings and profitability.
In the previous week, Bank of America had 66 more articles in the media than Sumitomo Mitsui Financial Group. MarketBeat recorded 72 mentions for Bank of America and 6 mentions for Sumitomo Mitsui Financial Group. Bank of America's average media sentiment score of 1.08 beat Sumitomo Mitsui Financial Group's score of 0.47 indicating that Bank of America is being referred to more favorably in the media.
Bank of America has higher earnings, but lower revenue than Sumitomo Mitsui Financial Group. Sumitomo Mitsui Financial Group is trading at a lower price-to-earnings ratio than Bank of America, indicating that it is currently the more affordable of the two stocks.
70.7% of Bank of America shares are owned by institutional investors. Comparatively, 3.8% of Sumitomo Mitsui Financial Group shares are owned by institutional investors. 0.3% of Bank of America shares are owned by company insiders. Comparatively, 0.1% of Sumitomo Mitsui Financial Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Bank of America received 1762 more outperform votes than Sumitomo Mitsui Financial Group when rated by MarketBeat users. However, 65.96% of users gave Sumitomo Mitsui Financial Group an outperform vote while only 65.39% of users gave Bank of America an outperform vote.
Bank of America presently has a consensus target price of $44.26, suggesting a potential downside of 3.91%. Given Bank of America's stronger consensus rating and higher possible upside, analysts plainly believe Bank of America is more favorable than Sumitomo Mitsui Financial Group.
Bank of America has a net margin of 12.48% compared to Sumitomo Mitsui Financial Group's net margin of 11.41%. Bank of America's return on equity of 10.09% beat Sumitomo Mitsui Financial Group's return on equity.
Bank of America has a beta of 1.32, suggesting that its stock price is 32% more volatile than the S&P 500. Comparatively, Sumitomo Mitsui Financial Group has a beta of 0.59, suggesting that its stock price is 41% less volatile than the S&P 500.
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 an annual dividend of $0.26 per share and has a dividend yield of 1.9%. Bank of America pays out 37.8% of its earnings in the form of a dividend. Sumitomo Mitsui Financial Group pays out 22.4% 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 increased its dividend for 11 consecutive years. Bank of America is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Bank of America beats Sumitomo Mitsui Financial Group on 19 of the 22 factors compared between the two stocks.
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Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NYSE:SMFG) was last updated on 11/21/2024 by MarketBeat.com Staff
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