Compare · IBN vs SMFG
IBN vs SMFG
Side-by-side comparison of ICICI Bank Limited (IBN) and Sumitomo Mitsui Financial Group Inc Unsponsored (SMFG): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both IBN and SMFG operate in Commercial Banks (Finance), so they compete in similar markets.
- SMFG is the larger of the two at $114.85B, about 1.1x IBN ($108.80B).
- IBN has been more active in the news (13 items in the past 4 weeks vs 6 for SMFG).
- SMFG has more recent analyst coverage (4 ratings vs 1 for IBN).
ICICI Bank Limited
ICICI Bank Limited provides various banking products and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life insurance, General insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and fixed, recurring, and security deposits. It also provides home, car, two wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, such as working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and secured loans for credit card swipes, as well as loans for new entities, and schools and colleges; and credit, debit, prepaid, travel, and corporate cards. In addition, the company offers insurance products; pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, and initial public offerings, as well as other online investment services; and farmer finance, tractor loans, and micro banking services, as well as other services to agri traders and processors, and agri corporates. Further, it provides portfolio management, trade, foreign exchange, locker, private and NRI banking, and cash management services; family wealth and demat accounts; commercial and investment banking, capital market, custodial, project and technology finance, and institutional banking services, as well as Internet, mobile, and phone banking services. Additionally, the company offers securities investment, broking, trading, and underwriting services; and merchant banking, trusteeship, housing finance, and pension fund management services. As of March 31, 2021, it had a network of 5,266 branches, 14,136 ATMs, 1,786 insta-banking kiosks, and 2,713 cash acceptance machines. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India.
Sumitomo Mitsui Financial Group Inc Unsponsored
Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through four segments: Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit. The Wholesale Business Unit segment offers financing, investment management, risk hedging, and settlement services, as well as financial solutions related to mergers and acquisition, and other advisory services primarily for large, mid, and small-sized corporate clients; various leasing services, including equipment, and operating and leveraged leasing; and digital services, such as robotic process automation and electronic contract services. The Retail Business Unit segment offers wealth management, settlement, consumer finance, and housing loan products and services, as well as business and asset succession services to high-net-worth customers. The Global Business Unit segment offers loans, deposits, clearing services, trade finance, project finance, loan syndication, derivatives, and cash management services; underwriting services; and leasing services related to the construction machinery, transportation equipment, industrial machinery, medical equipment, and aircraft leasing. The Global Markets Business Unit segment offers solutions through foreign exchange products, derivatives, bonds, stocks, and other marketable financial products. It also undertakes asset liability management operations. The company also offers credit card, Internet banking, system development and engineering, data processing, management consulting and economic research, and investment advisory and investment trust management services. Sumitomo Mitsui Financial Group, Inc. was incorporated in 2002 and is headquartered in Tokyo, Japan.
Latest IBN
- SEC Form 6-K filed by ICICI Bank Limited
- SEC Form 6-K filed by ICICI Bank Limited
- SEC Form 6-K filed by ICICI Bank Limited
- Goldman initiated coverage on ICICI Bank
- SEC Form 6-K filed by ICICI Bank Limited
- SEC Form 6-K filed by ICICI Bank Limited
- SEC Form 6-K filed by ICICI Bank Limited
- SEC Form 6-K filed by ICICI Bank Limited
- SEC Form 6-K filed by ICICI Bank Limited
- SEC Form 6-K filed by ICICI Bank Limited
Latest SMFG
- Amendment: Director Sumitomo Mitsui Financial Group, Inc. bought $324,032,894 worth of shares (5,906,542 units at $54.86) (SEC Form 4)
- Sr. Mg. Corp. EO & Group CFO Anchi Kazuyuki sold $169,880 worth of shares (4,000 units at $42.47), decreasing direct ownership by 8% to 48,857 units (SEC Form 4)
- SEC Form 6-K filed by Sumitomo Mitsui Financial Group Inc Unsponsored
- SEC Form 13F-HR filed by Sumitomo Mitsui Financial Group Inc Unsponsored
- SEC Form 6-K filed by Sumitomo Mitsui Financial Group Inc Unsponsored
- SEC Form 6-K filed by Sumitomo Mitsui Financial Group Inc Unsponsored
- SEC Form 6-K filed by Sumitomo Mitsui Financial Group Inc Unsponsored
- Senior Managing Corporate EO Yoshikawa Haruyuki was granted 17,630 shares and returned $101,177 worth of shares to the company (2,300 units at $43.99), increasing direct ownership by 41% to 52,982 units (SEC Form 4)
- Senior Managing Corporate EO Nagata Arihiro was granted 16,490 shares and returned $114,374 worth of shares to the company (2,600 units at $43.99), increasing direct ownership by 34% to 55,134 units (SEC Form 4)
- Senior Managing Corporate EO Uemura Akio returned $114,374 worth of shares to the company (2,600 units at $43.99) and was granted 16,533 shares, increasing direct ownership by 27% to 66,498 units (SEC Form 4)