Its comprehensive income more than doubled during the period.

Sumitomo Mitsui Financial Group’s (SMFG) profit attributable to owners of the parent rose 28.72% year-on-year (YoY) to $6.04b (JPY933.5b) in the six-month period ending 30 September 2025, its latest financial results showed.

Comprehensive income for the period rose by 175.5% to $6.66b (JPY1.03t) in H1 FY2025, the report stated. Ordinary income fell by 1.3% to JPY5.2t.

The Japanese financial institution has declared diluted earnings per share of JPY241.98 for H1 FY2025, compared to JPY184.72 in H1 FY2024.

SMFG forecasts a profit of JPY1.5t (about $9.7b) for the fiscal year ending on 31 March 2026, 27.3% higher than the previous fiscal year. Its forecasted earnings per share for the year is JPY390.39.