Sumitomo Mitsui Reports Capital Ratio Changes

Sumitomo Mitsui Financial Group (JP:8316) has released an update.

Sumitomo Mitsui Financial Group has disclosed its capital ratios as of June 30, 2024, indicating a slight variation in its financial stability metrics. Key ratios, including the Total capital ratio, Tier 1 capital ratio, and Common equity Tier 1 capital ratio, have experienced marginal changes since the previous quarter. These ratios are crucial for investors to assess the bank’s capital adequacy and risk-weighted asset management.

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