Sumitomo Mitsui Financial Group, Inc.
Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) is trading at $26.02, about ₹2,499 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 1.55% today. Indian residents can buy Sumitomo Mitsui Financial from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$25.74
Today's high
$26.37
52 week low
$15.18
52 week high
$27.62
SMFG opened at $26.37, closed previously at $26.43, and has traded between $15.18 and $27.62 over the past 52 weeks.
About
Sumitomo Mitsui Financial Group, Inc., established in Tokyo, Japan, in 2002, is a global financial powerhouse offering a wide array of banking and financial services. Its extensive operations reach across Japan, the Americas, Europe, the Middle East, Asia, and Oceania. The group provides a comprehensive suite of services including commercial banking, leasing, securities trading, consumer finance, and various other specialized financial offerings. SMFG is structured into four primary business segments: Wholesale Business Unit: This segment caters to corporate clients of all scales—large, medium, and small—delivering vital services such as funding, investment portfolio management, risk mitigation, and settlement solutions. It also offers expert advisory services for mergers, acquisitions, and other corporate financial strategies, alongside a diverse range of leasing options (including equipment, operating, and leveraged leases), and cutting-edge digital services like robotic process automation and electronic contracting. Retail Business Unit: Dedicated to high-net-worth customers, this unit provides personalized wealth management, efficient payment and settlement services, consumer lending, home financing, and sophisticated business and asset succession planning. Global Business Unit: Focusing on an international clientele, this division offers a robust portfolio of services including loans, deposit accounts, clearing services, trade finance, project finance, syndicated loans, derivative products, and advanced cash management. It also encompasses underwriting services and specialized leasing for sectors like construction machinery, transportation equipment, industrial machinery, medical devices, and aircraft. Global Markets Business Unit: This segment is focused on delivering market-based solutions through foreign exchange products, derivatives, bonds, equities, and other tradable financial instruments. Additionally, it plays a key role in the company's asset liability management strategies. Beyond these core divisions, Sumitomo Mitsui Financial Group also provides services such as credit card issuance, internet banking platforms, system development and engineering, data processing, management consulting, economic research, and investment advisory and trust management services.
Key statistics
Avg. volume
1.69M
Market cap
$100.81B
P/E Ratio
15.56
Price-to-sales ratio
2.53
Enterprise value
¥4.68T
Free cash flow yield
36.58%
Debt-to-equity ratio
3.67
Return on equity
10.59%
ROIC
0.51%
Beta
0.38
Dividend yield
4.87%
Last dividend
$0.67
Financial overview
Revenue
¥10.82T
Earnings per share
¥262.04
Free cash flow
¥7.34T
Net profit margin
16.30%
Gross margin
55.09%
EBITDA
¥2.70T
Revenue growth
12.08%
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This is not an investment recommendation
How to buy Sumitomo Mitsui Financial from India
Indian residents can buy Sumitomo Mitsui Financial shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Sumitomo Mitsui Financial and place an order
Find Sumitomo Mitsui Financial by name or by its ticker, SMFG, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Sumitomo Mitsui Financial trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Sumitomo Mitsui Financial position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Sumitomo Mitsui Financial from India
Trading and taxes when buying Sumitomo Mitsui Financial from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Sumitomo Mitsui Financial’s current yield is 4.87%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Sumitomo Mitsui Financial stock?
Yes. Sumitomo Mitsui Financial (SMFG) has been listed on the New York Stock Exchange since 2006, in the Banks - Diversified industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Sumitomo Mitsui Financial share cost in rupees?
One Sumitomo Mitsui Financial share is $26.02 — about ₹2,499 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Sumitomo Mitsui Financial price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Sumitomo Mitsui Financial from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Sumitomo Mitsui Financial?
Yes. One Sumitomo Mitsui Financial share is $26.02, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Sumitomo Mitsui Financial.
How are gains on Sumitomo Mitsui Financial shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Sumitomo Mitsui Financial price. Paasa issues a capital-gains statement for your return.
Does Sumitomo Mitsui Financial pay a dividend, and how is it taxed in India?
Yes. Sumitomo Mitsui Financial pays a dividend and the current yield is 4.87%; the last declared dividend was $0.67 per share, about ₹64.35. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Sumitomo Mitsui Financial from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is Sumitomo Mitsui Financial a United States company, and does that change how it is taxed?
Sumitomo Mitsui Financial trades on the New York Stock Exchange in US dollars, but the company is domiciled in Japan. Sumitomo Mitsui Financial trades as an American Depositary Receipt rather than an ordinary share. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Sumitomo Mitsui Financial shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Sumitomo Mitsui Financial holding, its cost and its closing value.
How do I sell Sumitomo Mitsui Financial and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.