SMFG vs. BAC, HSBC, RY, HDB, MUFG, C, UBS, IBN, 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), HSBC (HSBC), Royal Bank of Canada (RY), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), UBS Group (UBS), ICICI Bank (IBN), 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 superior investment? We will contrast the two companies based on the strength of their earnings, risk, profitability, media sentiment, valuation, dividends, institutional ownership, community ranking and analyst recommendations.
Bank of America has higher revenue and earnings 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.
Bank of America currently has a consensus target price of $48.58, suggesting a potential upside of 4.36%. Given Bank of America's stronger consensus rating and higher probable upside, equities analysts clearly believe Bank of America is more favorable than Sumitomo Mitsui Financial Group.
Bank of America pays an annual dividend of $1.04 per share and has a dividend yield of 2.2%. Sumitomo Mitsui Financial Group pays an annual dividend of $0.38 per share and has a dividend yield of 2.6%. Bank of America pays out 32.3% of its earnings in the form of a dividend. Sumitomo Mitsui Financial Group pays out 32.8% 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 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.
In the previous week, Bank of America had 132 more articles in the media than Sumitomo Mitsui Financial Group. MarketBeat recorded 134 mentions for Bank of America and 2 mentions for Sumitomo Mitsui Financial Group. Sumitomo Mitsui Financial Group's average media sentiment score of 1.04 beat Bank of America's score of 0.76 indicating that Sumitomo Mitsui Financial Group is being referred to more favorably in the news media.
Bank of America received 1798 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 65.16% of users gave Bank of America an outperform vote.
70.7% of Bank of America shares are owned by institutional investors. Comparatively, 3.9% of Sumitomo Mitsui Financial Group shares are owned by institutional investors. 0.3% of Bank of America shares are owned by insiders. Comparatively, 0.1% of Sumitomo Mitsui Financial Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Bank of America has a beta of 1.33, suggesting that its stock price is 33% more volatile than the S&P 500. Comparatively, Sumitomo Mitsui Financial Group has a beta of 0.63, suggesting that its stock price is 37% less volatile than the S&P 500.
Summary
Bank of America beats Sumitomo Mitsui Financial Group on 19 of the 22 factors compared between the two stocks.
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This page (NYSE:SMFG) was last updated on 1/20/2025 by MarketBeat.com Staff