Sumitomo Mitsui: Fiscal 1Q Earnings Snapshot
TOKYO (AP) _ Sumitomo Mitsui Financial Group Inc. (SMFG) on Tuesday reported fiscal first-quarter net income of $1.96 billion.
The bank, based in Tokyo, said it had earnings of 28 cents per share.
The bank posted revenue of $12.14 billion in the period. Its revenue net of interest expense was $12.14 billion, beating Street forecasts.
Sumitomo Mitsui shares have climbed slightly more than 7% since the beginning of the year. The stock has dropped 14% in the last 12 months.