Sumitomo Mitsui Financial Group, Inc. (SMFG) Tax Rate (2009 - 2026)
Sumitomo Mitsui Financial's Tax Rate came in at 26.82% for the quarter ended Jun 30, 2026, up 5.59 percentage points from 21.23% a year earlier but down 14.98 percentage points from the prior quarter.
Sumitomo Mitsui Financial Group, Inc. (SMFG) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Sumitomo Mitsui Financial reported Tax Rate of -17.45%, up 92.78 percentage points year-over-year; for the year ended Mar 31, 2026, it came in at -0.63%, up 0.23 percentage points from the prior year.
- Tax Rate carries a five-year change of +0.19 percentage points (years ended Mar 2021 to Mar 2026).
- Going back by year, Tax Rate was -0.86% in the year ended Mar 31, 2025 (-0.08 pp), -0.78% in the year ended Mar 31, 2024 (-0.04 pp), -0.74% in the year ended Mar 31, 2023 (+0.09 pp) and -0.83% in the year ended Mar 31, 2022 (-0.01 pp).
- The five-year range for quarterly Tax Rate is -104.19% (the quarter ended Dec 31, 2023) to 46.05% (the quarter ended Sep 30, 2024).
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +11.11 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in the quarter ended Dec 31, 2024 (a gain of 71.21 percentage points), and the weakest in the quarter ended Dec 31, 2023 (a drop of 78.24 percentage points).
- Business Quant data shows SMFG's Tax Rate at 41.80% (quarter ended Mar 31, 2026), -33.96% (quarter ended Dec 31, 2025) and 18.62% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.82% |
| Dec 31, 2025 | 27.73% |
| Sep 30, 2025 | 18.62% |
| Jun 30, 2025 | 21.23% |
| Dec 31, 2024 | 26.19% |
| Jun 30, 2024 | 27.94% |
| Mar 31, 2024 | 19.44% |
| Dec 31, 2023 | 23.94% |
| Sep 30, 2023 | 21.20% |
| Jun 30, 2023 | 27.96% |
| Mar 31, 2023 | 29.99% |
| Dec 31, 2022 | 21.79% |
| Sep 30, 2022 | 22.67% |
| Jun 30, 2022 | 26.96% |
| Dec 31, 2021 | 22.36% |
| Sep 30, 2021 | 27.07% |
| Jun 30, 2021 | 28.08% |
| Mar 31, 2021 | 27.00% |
| Dec 31, 2020 | 34.01% |
| Sep 30, 2020 | 24.59% |
Sumitomo Mitsui Financial Group, Inc. Tax Rate 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=tax-rate&ticker=SMFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SMFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SMFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();