SMBC AMERICAS

ABOUT US

OUR BANK

Sumitomo Mitsui Banking Corporation (SMBC) is a core member of Sumitomo Mitsui Financial Group (SMFG), a Tokyo-based bank holding company that is ranked among the largest 25 banks globally by assets under management.

SMBC Americas Division, with more than 3,000 employees, oversees operations in the US, Canada, Mexico, and South America. We work across SMFG to offer corporate and institutional clients sophisticated and comprehensive financial services around the globe.

SMBC's competitive advantages include:

  • A strong client base with broad coverage of the Fortune 500
  • Worldwide operations that enable us to provide clients with global solutions and that make SMBC the leading choice for US businesses expanding in Asia
  • A solid balance sheet and conservative approach
 

A MARKET LEADER

The evolution of SMBC's products and services is driven by the ever-changing needs of companies across the globe in every industry sector. SMBC takes market-leading positions and has been consistently recognized in the banking industry for providing outstanding financial services.

Our corporate relationships are built on trust. To successfully navigate an uncertain economy while also capitalizing on the opportunities that arise, clients count on SMBC to take a long-term view that emphasizes stability and attention to the numbers. This approach has served our clients well.



SMBC Credit Ratings

** As of June 30, 2020

KEY DATA

As a global bank with operations in the major financial centers worldwide, SMBC offers the resources and network necessary for our clients to access all of the capital markets.

DATA HIGHLIGHTS

Quaterly Performance 1

Annual Performance

Annual Performance

SMBC Group Key Data

Total Assets$2.25 trillion

Total Deposits$1.35 trillion

Total Loan Assets$810.98 billion

Tier 1 Ratio16.97%

SMBC Group Consolidated

Gross Profit$25.44 billion

Net Income$6.47 billion

Overhead Ratio362.8%

EmployeesOver 86,000

Japan BranchesOver 600

Overseas Offices137

SMBC Non-Consolidated

Gross Profit$12.98 billion

Net Income$2.92 billion

Overhead Ratio357.2%

Employeesapprox 28,000

Japan Branches4over 500

Overseas Offices484

Countries with SMBC Offices440

1 Translated into USD December 31, 2020 period–end exchange rate. Refer to SMFG Investor Relations for more information.

2 Translated into USD March 31, 2020 period-end exchange rate.

3 Includes total credit cost and other non-recurring gains.

4 Data as of March 31, 2020


OUR HISTORY

Our institution has roots that trace back more than 400 years, and the Americas Division of SMBC has more than a century of experience in the United States.

  • 1590Sumitomo family business commences
  • 1673Mitsui family business commences
  • 1876Mitsui Bank is established
  • 1895Sumitomo Bank is established
  • 1916San Francisco Branch of Sumitomo Bank opens
  • 1918New York Representative Office of Sumitomo Bank opens
  • 1922New York Representative Office of Sumitomo Bank is converted to Branch status
  • 1922New York Branch of Mitsui Bank opens
  • 1957Brazil subsidiary of Sumitomo Bank opens
  • 1981Manufacturers Bank joins Mitsui Bank
  • 1988Los Angeles Branch of Sumitomo Bank opens
  • 2001Sumitomo Mitsui Banking Corporation is formed
  • 2009Nikko Cordial Securities (now SMBC Nikko Securities) joins Sumitomo Mitsui Financial Group
  • 2010Sumitomo Mitsui Financial Group is listed on the New York Stock Exchange
  • 2013SMBC Rail Services joins Sumitomo Mitsui Banking Corporation