

SMBC Group vs Intercontinental Exchange
SMBC Group and Intercontinental Exchange are presented to contrast their business models, financial performance, and market context. This page provides a neutral, accessible comparison to help readers understand how these organisations differ and where they operate. Educational content, not financial advice.
SMBC Group and Intercontinental Exchange are presented to contrast their business models, financial performance, and market context. This page provides a neutral, accessible comparison to help readers...
Why It's Moving

SMFG's H1 Profit Soars 29% as Investors Eye Robust Banking Momentum.
- Profit surged 28.72% to $6.04B in H1 FY2025, beating expectations and signaling operational strength in core banking amid Japan's rate environment.[5]
- Investors Meeting on November 18 detailed 1H FY3/2026 results, highlighting strategic capital moves and alliance expansions for sustained growth.[1]
- Technical analysis flags mid- and long-term strength at current levels around $18.99, even as short-term sentiment stays neutral with elevated downside risks.[4]

ICE Powers into Prediction Markets with Massive $2B Polymarket Bet
- ICE will distribute Polymarket's sentiment indicators globally, creating new recurring revenue streams less tied to volatile trading volumes.
- Moody's hails the deal as credit-positive for ICE's data business growth, product innovation, and edge in decentralized finance.
- Partnership includes joint tokenization projects, blending ICE's institutional muscle with Polymarket's consumer insights to redefine market tools.

SMFG's H1 Profit Soars 29% as Investors Eye Robust Banking Momentum.
- Profit surged 28.72% to $6.04B in H1 FY2025, beating expectations and signaling operational strength in core banking amid Japan's rate environment.[5]
- Investors Meeting on November 18 detailed 1H FY3/2026 results, highlighting strategic capital moves and alliance expansions for sustained growth.[1]
- Technical analysis flags mid- and long-term strength at current levels around $18.99, even as short-term sentiment stays neutral with elevated downside risks.[4]

ICE Powers into Prediction Markets with Massive $2B Polymarket Bet
- ICE will distribute Polymarket's sentiment indicators globally, creating new recurring revenue streams less tied to volatile trading volumes.
- Moody's hails the deal as credit-positive for ICE's data business growth, product innovation, and edge in decentralized finance.
- Partnership includes joint tokenization projects, blending ICE's institutional muscle with Polymarket's consumer insights to redefine market tools.
Which Baskets Do They Appear In?
Asian Banking M&A: What's Next After HSBC Deal
HSBC's proposed $37.36 billion buyout of Hang Seng Bank signals a major consolidation event in Hong Kong's financial industry. This strategic move to take the bank private could catalyze further mergers and acquisitions, creating opportunities for other dominant banking institutions in the Asia-Pacific region.
Published: October 9, 2025
Explore BasketEuropean Financial Consolidation
BNP Paribas's acquisition of AXA Investment Managers could trigger a wave of mergers in European finance. These carefully selected stocks represent potential buyers and targets in banking, insurance, and asset management as the industry reshapes for the future.
Published: July 2, 2025
Explore BasketWhich Baskets Do They Appear In?
Asian Banking M&A: What's Next After HSBC Deal
HSBC's proposed $37.36 billion buyout of Hang Seng Bank signals a major consolidation event in Hong Kong's financial industry. This strategic move to take the bank private could catalyze further mergers and acquisitions, creating opportunities for other dominant banking institutions in the Asia-Pacific region.
Published: October 9, 2025
Explore BasketEuropean Financial Consolidation
BNP Paribas's acquisition of AXA Investment Managers could trigger a wave of mergers in European finance. These carefully selected stocks represent potential buyers and targets in banking, insurance, and asset management as the industry reshapes for the future.
Published: July 2, 2025
Explore BasketInvestment Analysis

SMBC Group
SMFG
Pros
- Sumitomo Mitsui Financial Group is one of Japanβs Big Three banking groups with significant market shares of 7.2% in domestic loans and 9.0% in deposits as of March 2024.
- The group has a diversified business across wholesale, retail, global, and global markets segments, including a strong consumer finance arm and leading aircraft leasing services.
- It maintains a solid dividend yield around 3.4% trailing and 3.8% forward, supporting shareholder returns in a stable low-volatility environment.
Considerations
- Revenue and earnings declined notably in 2024, with revenue down 7.74% and earnings down 45.25%, reflecting pressure on profitability.
- SMFG has higher exposure to retail and small-business borrowers in Japan, leading to greater risk of elevated credit costs amid rising interest rates.
- The companyβs institutional securities and asset management businesses lag behind peers, potentially limiting growth and diversification.
Pros
- Intercontinental Exchange (ICE) operates leading global exchanges and clearing houses, providing diversified revenue streams from market data, trading, and clearing services.
- ICE benefits from strong technological infrastructure and increasing adoption of electronic trading and clearing, supporting long-term growth.
- The company has a robust balance sheet with healthy cash flows enabling investment in strategic acquisitions and shareholder payouts.
Considerations
- ICE's performance is sensitive to overall market volatility and volume, which can fluctuate due to macroeconomic and geopolitical conditions.
- The company faces regulatory risk internationally as financial market oversight continues to evolve and tighten.
- Competitive pressure from other exchanges and technology-driven entrants could erode market share and compress margins.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Comparisons


SMBC Group vs CME Group
SMBC Group vs CME Group


SMBC Group vs Mizuho
SMBC Group vs Mizuho


SMBC Group vs Marsh McLennan
SMBC Group vs Marsh McLennan