Sumitomo Mitsui Financial SMFG
NYSE SMFG
$25.41 +0.14 (+0.55%)
At close: Oct 2, 2026 · 4:00 PM EDT

Sumitomo Mitsui Financial (SMFG) Asset Writedowns and Impairment (2009 - 2026)

Updated

Sumitomo Mitsui Financial's Asset Writedowns and Impairment came in at -$4.41 million for the quarter ended Jun 30, 2026, compared with -$3.51 million a year earlier.

Analysis

Sumitomo Mitsui Financial (SMFG) Asset Writedowns and Impairment (2009 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Sumitomo Mitsui Financial reported Asset Writedowns and Impairment of $2.96 billion, down 11.1% year-over-year; for the year ended Mar 31, 2026, it was $28 million, down 40.4% from the prior year.

  • Asset Writedowns and Impairment has declined in each of the last four years, with a five-year compound annual growth rate of -40.8% (years ended Mar 2021 to Mar 2026).
  • Going back by year, Asset Writedowns and Impairment was $47 million in the year ended Mar 31, 2025 (-48.4%), $91 million in the year ended Mar 31, 2024 (-79.4%), $442 million in the year ended Mar 31, 2023 (-50.3%) and $890 million in the year ended Mar 31, 2022 (+131.8%).
  • The five-year range for quarterly Asset Writedowns and Impairment is -$770.97 million (the quarter ended Dec 31, 2022) to $2.71 billion (the quarter ended Mar 31, 2025).
  • Year-over-year, Asset Writedowns and Impairment increased in 1 of the last four quarters, with growth averaging 8.7%.
  • The fastest year-over-year change in Asset Writedowns and Impairment over five years came in the quarter ended Sep 30, 2022 (growth of 243.7%), and the weakest in the quarter ended Sep 30, 2021 (a decline of 91.9%).
  • Business Quant data shows SMFG's Asset Writedowns and Impairment at $2.52 billion (quarter ended Mar 31, 2026), -$45.82 million (quarter ended Dec 31, 2025) and $490.84 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Jpmorgan Chase 883.45 Bn 912.92 Bn -
2 Banco Santander Chile 401.52 Bn 521.46 Bn -
3 Bank Of America 377.43 Bn -1,998.64 Bn -
4 Hsbc Holdings 330.31 Bn 330.37 Bn -
5 Morgan Stanley 299.17 Bn -209.92 Bn -
6 Royal Bank Of Canada 274.08 Bn 124.82 Bn -
7 Mitsubishi Ufj Financial 270.70 Bn -1,317.79 Bn 10.89 Bn
8 Goldman Sachs 263.13 Bn -3,293.98 Bn -
9 Wells Fargo & Company 243.64 Bn 245.78 Bn -
10 Sumitomo Mitsui Financial 97.26 Bn 98.14 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -4.41 Mn
Mar 31, 2026 2.52 Bn
Dec 31, 2025 -45.82 Mn
Sep 30, 2025 490.84 Mn
Jun 30, 2025 -3.51 Mn
Mar 31, 2025 2.71 Bn
Dec 31, 2024 -90.09 Mn
Sep 30, 2024 704.90 Mn
Jun 30, 2024 -526,759.76
Mar 31, 2024 1.39 Bn
Dec 31, 2023 -399.45 Mn
Sep 30, 2023 906.30 Mn
Jun 30, 2023 -4.60 Mn
Mar 31, 2023 1.14 Bn
Dec 31, 2022 -770.97 Mn
Sep 30, 2022 641.90 Mn
Jun 30, 2022 -4.86 Mn
Mar 31, 2022 2.45 Bn
Dec 31, 2021 -374.10 Mn
Sep 30, 2021 186.77 Mn
API Access

Sumitomo Mitsui Financial Asset Writedowns and Impairment API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=SMFG&period=max&api_key=YOUR_API_KEY