MFC vs. SMFG: A Head-to-Head Stock Comparison

Updated on August 18, 2025

Here’s a clear look at MFC and SMFG, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

MFC is a standard domestic listing, while SMFG trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.

Symbol	MFC	SMFG
Company Name	Manulife Financial Corporation	Sumitomo Mitsui Financial Group, Inc.
Country	Canada	Japan
GICS Sector	Financials	Financials
GICS Industry	Insurance	Banks
Market Capitalization	51.79 billion USD	104.50 billion USD
Exchange	NYSE	NYSE
Listing Date	September 24, 1999	January 27, 2006
Security Type	Common Stock	ADR

Historical Performance

This chart compares the performance of MFC and SMFG by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

MFC vs. SMFG: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	MFC	SMFG
5-Day Price Return	-3.37%	6.12%
13-Week Price Return	-3.10%	12.54%
26-Week Price Return	-2.78%	6.63%
52-Week Price Return	21.07%	58.60%
Month-to-Date Return	-3.08%	3.87%
Year-to-Date Return	-5.91%	6.38%
10-Day Avg. Volume	7.23M	12.95M
3-Month Avg. Volume	8.03M	15.07M
3-Month Volatility	19.95%	23.81%
Beta	0.17	1.44

Profitability

Return on Equity (TTM)

MFC

11.91%

Insurance Industry

Max: 29.03%
Q3: 18.11%
Median: 13.90%
Q1: 10.42%
Min: -0.64%

MFC’s Return on Equity of 11.91% is on par with the norm for the Insurance industry, indicating its profitability relative to shareholder equity is typical for the sector.

SMFG

7.91%

Banks Industry

Max: 26.37%
Q3: 15.92%
Median: 12.25%
Q1: 8.69%
Min: 0.15%

SMFG’s Return on Equity of 7.91% is in the lower quartile for the Banks industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

MFC vs. SMFG: A comparison of their Return on Equity (TTM) against their respective Insurance and Banks industry benchmarks.

Net Profit Margin (TTM)

MFC

15.67%

Insurance Industry

Max: 26.78%
Q3: 14.06%
Median: 9.15%
Q1: 5.48%
Min: -7.05%

A Net Profit Margin of 15.67% places MFC in the upper quartile for the Insurance industry, signifying strong profitability and more effective cost management than most of its peers.

SMFG

19.05%

Banks Industry

Max: 54.20%
Q3: 35.70%
Median: 28.97%
Q1: 22.53%
Min: 6.98%

Falling into the lower quartile for the Banks industry, SMFG’s Net Profit Margin of 19.05% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.

MFC vs. SMFG: A comparison of their Net Profit Margin (TTM) against their respective Insurance and Banks industry benchmarks.

Operating Profit Margin (TTM)

MFC

19.19%

Insurance Industry

Max: 35.49%
Q3: 19.49%
Median: 14.35%
Q1: 8.53%
Min: -5.25%

In the Insurance industry, Operating Profit Margin is often not the primary measure of operational efficiency.

SMFG

25.28%

Banks Industry

Max: 63.35%
Q3: 44.59%
Median: 37.24%
Q1: 28.25%
Min: 13.37%

SMFG’s Operating Profit Margin of 25.28% is in the lower quartile for the Banks industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.

MFC vs. SMFG: A comparison of their Operating Profit Margin (TTM) against their respective Insurance and Banks industry benchmarks.

Profitability at a Glance

Symbol	MFC	SMFG
Return on Equity (TTM)	11.91%	7.91%
Return on Assets (TTM)	0.62%	0.39%
Net Profit Margin (TTM)	15.67%	19.05%
Operating Profit Margin (TTM)	19.19%	25.28%
Gross Profit Margin (TTM)	--	--

Financial Strength

Current Ratio (MRQ)

MFC

1.14

Insurance Industry

Max: 2.97
Q3: 1.33
Median: 0.55
Q1: 0.15
Min: 0.00

For the Insurance industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

SMFG

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

For the Banks industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

MFC vs. SMFG: A comparison of their Current Ratio (MRQ) against their respective Insurance and Banks industry benchmarks.

Debt-to-Equity Ratio (MRQ)

MFC

0.27

Insurance Industry

Max: 1.25
Q3: 0.65
Median: 0.34
Q1: 0.22
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Insurance industry.

SMFG

4.30

Banks Industry

Max: 4.75
Q3: 2.62
Median: 1.02
Q1: 0.39
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Banks industry.

MFC vs. SMFG: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Insurance and Banks industry benchmarks.

Interest Coverage Ratio (TTM)

MFC

-0.31

Insurance Industry

Max: 43.68
Q3: 20.84
Median: 9.56
Q1: 3.34
Min: -5.73

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Insurance industry.

SMFG

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Banks industry.

MFC vs. SMFG: A comparison of their Interest Coverage Ratio (TTM) against their respective Insurance and Banks industry benchmarks.

Financial Strength at a Glance

Symbol	MFC	SMFG
Current Ratio (MRQ)	1.14	--
Quick Ratio (MRQ)	1.14	--
Debt-to-Equity Ratio (MRQ)	0.27	4.30
Interest Coverage Ratio (TTM)	-0.31	--

Growth

Revenue Growth

MFC vs. SMFG: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

MFC vs. SMFG: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

MFC

4.53%

Insurance Industry

Max: 8.23%
Q3: 4.54%
Median: 3.42%
Q1: 1.97%
Min: 0.00%

MFC’s Dividend Yield of 4.53% is consistent with its peers in the Insurance industry, providing a dividend return that is standard for its sector.

SMFG

2.67%

Banks Industry

Max: 10.27%
Q3: 5.83%
Median: 3.81%
Q1: 2.50%
Min: 0.00%

SMFG’s Dividend Yield of 2.67% is consistent with its peers in the Banks industry, providing a dividend return that is standard for its sector.

MFC vs. SMFG: A comparison of their Dividend Yield (TTM) against their respective Insurance and Banks industry benchmarks.

Dividend Payout Ratio (TTM)

MFC

53.26%

Insurance Industry

Max: 168.02%
Q3: 85.57%
Median: 50.71%
Q1: 22.04%
Min: 0.00%

MFC’s Dividend Payout Ratio of 53.26% is within the typical range for the Insurance industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

SMFG

104.11%

Banks Industry

Max: 147.07%
Q3: 80.55%
Median: 54.40%
Q1: 35.71%
Min: 0.00%

SMFG’s Dividend Payout Ratio of 104.11% is in the upper quartile for the Banks industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

MFC vs. SMFG: A comparison of their Dividend Payout Ratio (TTM) against their respective Insurance and Banks industry benchmarks.

Dividend at a Glance

Symbol	MFC	SMFG
Dividend Yield (TTM)	4.53%	2.67%
Dividend Payout Ratio (TTM)	53.26%	104.11%

Valuation

Price-to-Earnings Ratio (TTM)

MFC

11.76

Insurance Industry

Max: 28.91
Q3: 17.76
Median: 13.63
Q1: 10.02
Min: 2.89

MFC’s P/E Ratio of 11.76 is within the middle range for the Insurance industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

SMFG

13.09

Banks Industry

Max: 20.05
Q3: 12.65
Median: 10.21
Q1: 7.54
Min: 2.74

A P/E Ratio of 13.09 places SMFG in the upper quartile for the Banks industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

MFC vs. SMFG: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Insurance and Banks industry benchmarks.

Price-to-Sales Ratio (TTM)

MFC

1.84

Insurance Industry

Max: 3.72
Q3: 1.98
Median: 1.23
Q1: 0.81
Min: 0.23

MFC’s P/S Ratio of 1.84 aligns with the market consensus for the Insurance industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

SMFG

2.32

Banks Industry

Max: 5.06
Q3: 2.98
Median: 2.24
Q1: 1.59
Min: 0.45

The P/S Ratio is often not a primary valuation tool in the Banks industry.

MFC vs. SMFG: A comparison of their Price-to-Sales Ratio (TTM) against their respective Insurance and Banks industry benchmarks.

Price-to-Book Ratio (MRQ)

MFC

1.48

Insurance Industry

Max: 4.37
Q3: 2.48
Median: 1.68
Q1: 1.19
Min: 0.19

MFC’s P/B Ratio of 1.48 is within the conventional range for the Insurance industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

SMFG

1.00

Banks Industry

Max: 2.18
Q3: 1.36
Median: 1.09
Q1: 0.81
Min: 0.20

SMFG’s P/B Ratio of 1.00 is within the conventional range for the Banks industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

MFC vs. SMFG: A comparison of their Price-to-Book Ratio (MRQ) against their respective Insurance and Banks industry benchmarks.

Valuation at a Glance

Symbol	MFC	SMFG
Price-to-Earnings Ratio (TTM)	11.76	13.09
Price-to-Sales Ratio (TTM)	1.84	2.32
Price-to-Book Ratio (MRQ)	1.48	1.00
Price-to-Free Cash Flow Ratio (TTM)	2.49	3.35