Learn / RY vs SMFG
Compare
Royal Bank of Canada vs Sumitomo Mitsui Financial Group: how do the stocks compare?
RY and SMFG side by side, in simple words. This is an explanation of the two businesses, not a recommendation to buy either one.
| RY | SMFG | |
|---|---|---|
| Ticker | RY | SMFG |
| Exchange | NYSE | NYSE |
| Sector | Financial Services | Financial Services |
| Industry | Commercial Banks | Commercial Banks |
| Size | mega cap | large cap |
| Market value | 265.7 billion dollars | 160.4 billion dollars |
Royal Bank of Canada (RY)
Royal Bank of Canada trades on the New York Stock Exchange under the ticker RY. It is a mega cap company in the commercial banks industry, part of the financial services sector, with a market value of about 265.7 billion dollars.
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
Sumitomo Mitsui Financial Group (SMFG)
Sumitomo Mitsui Financial Group trades on the New York Stock Exchange under the ticker SMFG. It is a large cap company in the commercial banks industry, part of the financial services sector, with a market value of about 160.4 billion dollars.
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
Follow RY and SMFG every day
Add both to your watchlist and read a free brief in simple words every trading day at 5 PM ET.
Start my free briefCommon questions
What is the difference between RY and SMFG?
Royal Bank of Canada trades on the New York Stock Exchange under the ticker RY. It is a mega cap company in the commercial banks industry, part of the financial services sector, with a market value of about 265.7 billion dollars. Sumitomo Mitsui Financial Group trades on the New York Stock Exchange under the ticker SMFG. It is a large cap company in the commercial banks industry, part of the financial services sector, with a market value of about 160.4 billion dollars.
Which is bigger, Royal Bank of Canada or Sumitomo Mitsui Financial Group?
Royal Bank of Canada has the larger market value, at about 265.7 billion dollars.
Are Royal Bank of Canada and Sumitomo Mitsui Financial Group in the same industry?
Yes. Both are in the commercial banks industry.
Educational information, not financial advice. Figures are approximate and do not include live prices.