Sumitomo Mitsui Financial (SMFG) Tax Provisions (2009 - 2026)

Sumitomo Mitsui Financial (SMFG) posted Tax Provisions of -$904.2 million for Q1 2026, up 75.9% sequentially from -$3.8 billion in Q4 2025, and up 58.48% YoY from -$570.5 million in Q1 2025.

Sumitomo Mitsui Financial (SMFG) Tax Provisions (2009 - 2026) Analysis & Trends

Sumitomo Mitsui Financial (SMFG) has 18 years of Tax Provisions data on file, last reported at -$904.2 million in Q1 2026.

  • Quarterly Tax Provisions rose 58.48% year-over-year to -$904.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$3.3 billion (up 30.13% YoY) and the FY2026 annual result came in at -$89.0 million, up 9.18% from the prior year.
  • Tax Provisions rose to -$904.2 million in Q1 2026 per SMFG's latest filing, from -$3.8 billion in the prior quarter.
  • The five-year high for Tax Provisions was $1.1 billion in Q3 2022, with the low at -$3.8 billion in Q4 2025.
  • Average Tax Provisions over 5 years is -$471.5 million, with a median of $161.7 million recorded in 2024.
  • The widest YoY moves for Tax Provisions: up 198.97% in 2025, down 1446.7% in 2025.
  • Sumitomo Mitsui Financial's Tax Provisions stood at -$1.7 billion in 2022, then rose by 11.85% to -$1.5 billion in 2023, then sank by 93.45% to -$2.9 billion in 2024, then declined by 28.81% to -$3.8 billion in 2025, then surged by 75.9% to -$904.2 million in 2026.
  • Business Quant data shows SMFG's Tax Provisions at -$904.2 million in Q1 2026, -$3.8 billion in Q4 2025, and $611.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - -1.98 Bn
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 1.82 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 691.00 Mn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 1.29 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 386.00 Mn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 3.99 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -904.18 Mn
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn -1.35 Mn
10 Ing Groep - - - -

Historic Data

Download Data
DateValue
Mar 31, 2026 -904.18 Mn
Dec 31, 2025 -3.75 Bn
Sep 30, 2025 611.15 Mn
Jun 30, 2025 706.61 Mn
Mar 31, 2025 -2.18 Bn
Dec 31, 2024 -2.91 Bn
Sep 30, 2024 -617.48 Mn
Jun 30, 2024 930.15 Mn
Mar 31, 2024 161.70 Mn
Dec 31, 2023 -1.51 Bn
Sep 30, 2023 767.89 Mn
Jun 30, 2023 671.00 Mn
Mar 31, 2023 525.43 Mn
Dec 31, 2022 -1.71 Bn
Sep 30, 2022 1.11 Bn
Jun 30, 2022 688.00 Mn
Mar 31, 2022 -610.64 Mn
Dec 31, 2021 -1.98 Bn
Sep 30, 2021 552.18 Mn
Jun 30, 2021 723.00 Mn