Sumitomo Mitsui Financial Grp (NYSE:SMFG) and Idaho Independent Bank (OTCMKTS:IIBK) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, risk, earnings, valuation, profitability, analyst recommendations and dividends.
This is a summary of recent ratings and target prices for Sumitomo Mitsui Financial Grp and Idaho Independent Bank, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Sumitomo Mitsui Financial Grp||0||1||0||0||2.00|
|Idaho Independent Bank||0||0||0||0||N/A|
This table compares Sumitomo Mitsui Financial Grp and Idaho Independent Bank’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Sumitomo Mitsui Financial Grp||12.67%||6.31%||0.36%|
|Idaho Independent Bank||N/A||N/A||N/A|
Earnings & Valuation
This table compares Sumitomo Mitsui Financial Grp and Idaho Independent Bank’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Sumitomo Mitsui Financial Grp||$51.74 billion||0.94||$6.54 billion||$0.96||7.19|
|Idaho Independent Bank||N/A||N/A||$10.06 million||N/A||N/A|
Sumitomo Mitsui Financial Grp has higher revenue and earnings than Idaho Independent Bank.
Sumitomo Mitsui Financial Grp pays an annual dividend of $0.24 per share and has a dividend yield of 3.5%. Idaho Independent Bank does not pay a dividend. Sumitomo Mitsui Financial Grp pays out 25.0% of its earnings in the form of a dividend.
Insider and Institutional Ownership
2.8% of Sumitomo Mitsui Financial Grp shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Volatility and Risk
Sumitomo Mitsui Financial Grp has a beta of 1.28, suggesting that its stock price is 28% more volatile than the S&P 500. Comparatively, Idaho Independent Bank has a beta of -0.15, suggesting that its stock price is 115% less volatile than the S&P 500.
Sumitomo Mitsui Financial Grp beats Idaho Independent Bank on 8 of the 10 factors compared between the two stocks.
About Sumitomo Mitsui Financial Grp
Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services primarily in Japan. It operates through four segments: Wholesale Business, Retail Business, International Business, and Global Markets Business. The Wholesale Business segment provides financing, investment management, risk hedging and settlement services, as well as financial solutions for mergers and acquisition and other advisory services and leasing, primarily for large-and mid-sized corporate clients; and various leasing services, including equipment, and operating and leveraged leasing. The Retail Business segment offers wealth management, settlement services, consumer finance, and housing loans. The International Business segment provides loans, deposits, clearing services, trade finance, project finance, loan syndication, derivatives, and global cash management services; underwriting services; and leasing services related to the construction machinery, transportation equipment, industrial machinery, medical equipment, and aircraft leasing. As of March 31, 2018, this segment's network consisted of 18 branches, 22 sub-branches, and 4 representative offices. The Global Markets Business segment offers foreign exchange products, derivatives, bonds, stocks and other marketable financial products, and undertakes asset liability management operations. It also offers system development, data processing, management consulting, and economic research services; and investment advisory and investment trust management services. The company was founded in 2002 and is headquartered in Tokyo, Japan.
About Idaho Independent Bank
Idaho Independent Bank, a state-chartered bank, provides commercial banking services to individual and business customers in Idaho. The company offers checking and savings accounts, certificates of deposit, and individual retirement accounts, as well as credit and debit cards; and loans comprising home mortgage loans, construction loans, home equity lines of credit, auto loans, personal lines of credit, business term loans, operating lines of credit, commercial real estate loans, secured personal loans, commercial real estate loans, and small business loans, as well as agricultural equipment loans, farm acquisition loans, and government guaranteed loans. It also provides cash management services, including express deposit, wire transfers, automated clearing house, sweep accounts, imaging, positive pay, and other payment services, as well as merchant services. In addition, the company offers online banking, bill pay, overdraft opt-in/out, e-statements, cashier's check, safe deposit box, and mobile banking services. It operates through three branches in Boise, as well as branches in Coeur d'Alene, Hayden, Meridian, Nampa, Caldwell, Mountain Home, Ketchum, and Star, Idaho. Idaho Independent Bank was founded in 1993 and is based in Coeur d'Alene, Idaho.
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