SMFG vs. SSB: Sumitomo Mitsui Financial vs. SouthState Bank Stock Comparison

Company Profile

Sumitomo Mitsui Financial (SMFG) and SouthState Bank (SSB) both belong to the Banks industry, though SMFG is classified under Diversified Banks while SSB falls under Regional Banks.

SouthState Bank (SSB) trades as ordinary local shares, while Sumitomo Mitsui Financial (SMFG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

SouthState Bank (SSB) at 10.27% is around its peer norm for ROE, while Sumitomo Mitsui Financial (SMFG) at 8.57% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.

Both Sumitomo Mitsui Financial (SMFG) at 27.82% and SouthState Bank (SSB) at 35.03% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Neither side reports a meaningful operating margin: for Sumitomo Mitsui Financial (SMFG) in Banks and SouthState Bank (SSB) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

SouthState Bank (SSB) at 57.00% clears its industry range for revenue growth, far stronger top-line momentum than Sumitomo Mitsui Financial (SMFG) at 14.32%, which is closer to a typical peer reading.

Sumitomo Mitsui Financial (SMFG) at 36.62% sits in the top EPS growth quartile, while SouthState Bank (SSB) at 12.91% is closer to the peer norm — faster per-share earnings growth for SMFG.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Sumitomo Mitsui Financial (SMFG) in Banks and SouthState Bank (SSB) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Sumitomo Mitsui Financial (SMFG) in Banks and SouthState Bank (SSB) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

SouthState Bank (SSB) at 2.36% pays an industry-typical yield; Sumitomo Mitsui Financial (SMFG) at 334.33% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

Both Sumitomo Mitsui Financial (SMFG) at 33.62% and SouthState Bank (SSB) at 26.20% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

Dividend Metrics

Valuation

Both Sumitomo Mitsui Financial (SMFG) at 13.47 and SouthState Bank (SSB) at 11.09 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

P/S ratio is set aside for both Sumitomo Mitsui Financial (SMFG) in Banks and SouthState Bank (SSB) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

On P/B ratio, both Sumitomo Mitsui Financial (SMFG) at 1.45 and SouthState Bank (SSB) at 1.11 are valued close to their industries’ norm against book — neither stands out from peers.

Valuation Metrics