Sumitomo Mitsui Financial (SMFG) Long-Term Deferred Tax (2010 - 2026)

As of Mar 31, 2026, Sumitomo Mitsui Financial posted Long-Term Deferred Tax of $686 million, up 43.8% from the prior year.

• Long-Term Deferred Tax has a five-year compound annual growth rate of 20.5% (years ended Mar 2021 to Mar 2026).
• By year, Long-Term Deferred Tax came in at $477 million in the year ended Mar 31, 2025 (+1.1%), $472 million in the year ended Mar 31, 2024 (-15.0%), $555 million in the year ended Mar 31, 2023 (+1.8%) and $545 million in the year ended Mar 31, 2022 (+101.9%).
• The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Long-Term Deferred Tax since the quarter ended Dec 31, 2016.
• Year over year, Long-Term Deferred Tax has now increased in each of the last six quarters, with growth averaging 20.2% over the last eight quarters.
• The high point for year-over-year Long-Term Deferred Tax in five years was the quarter ended Sep 30, 2022 (growth of 143.1%); the low point was the quarter ended Dec 31, 2024 (a decline of 42.1%).
• Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $698.96 million (quarter ended Mar 31, 2026), $636.74 million (quarter ended Dec 31, 2025) and $605 million (quarter ended Sep 30, 2025).