TOKYO (AP) — TOKYO (AP) — Sumitomo Mitsui Financial Group Inc. (SMFG) on Wednesday reported net income of $1.2 billion in its fiscal fourth quarter.
The Tokyo-based bank said it had earnings of 19 cents per share. Earnings, adjusted to account for extraordinary items, came to 24 cents per share.
The bank posted revenue of $14.1 billion in the period. Its revenue net of interest expense was $14.1 billion, exceeding Street forecasts.
For the year, the company reported profit of $10.52 billion, or $1.64 per share. Revenue was reported as $71.68 billion.
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