Japan Lender SMFG Reports 8% Increase In Q2 Net Profit

Japan Lender SMFG Reports 8% Increase In Q2 Net Profit

TOKYO (Reuters) – Sumitomo Mitsui Financial Group Inc, Japan’s second-largest bank, on Monday reported an 8.0% increase in second-quarter net profit. SMFG posted a profit of 272.99 billion yen ($1.96 billion) in the July-September period versus 252.8 billion yen a year earlier, according to Reuters’ calculations based on six-month cumulative figures disclosed in a stock…

Read More