Shinhan Financial Group Co., Ltd.

Shinhan Financial Group Co., Ltd.

SHG
Shinhan Financial Group Co., Ltd.US flagNew York Stock Exchange
69.63
USD
-0.68
- -
32.79BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
24,883.96
27,096.67
28,267.95
28,511.56
30,812.16
33,559.43
42,211.6
41,633.86
40,800.57
29,616.62
32,928.7
34,711.16
37,803.55
40,005.71
Basic EPS, GAAP
3,686.2
4,258.06
4,861.31
5,811.78
6,155.25
6,664.69
6,998.97
6,824.5
7,525.99
9,170.28
8,412.88
8,790.79
10,219.36
8,295.07
Free Cash Flow per Basic Share
-3,106.74
-4,904.6
5,720.87
7,288.53
1,591.93
-13,977.2
13,551.15
-3,354
6,197.44
12,275.11
-358.99
7,600.33
18,692.91
44,556.86
Dividend per Share
851.01
843.09
1,151.75
1,411.02
1,490.02
1,508.93
1,708.4
1,936.36
2,282.11
3,028.57
2,814.62
2,503.1
2,659.55
3,178.8
Book Value per Share
57,494.98
60,965.98
64,457.25
65,026.72
68,633.9
75,340.56
84,325.45
84,722.9
92,156.1
99,002.56
104,234.34
111,814.39
120,893.48
127,439.91
Tangible Book Value per Share
48,582.32
52,208.4
55,460.32
56,113.78
59,622.25
66,159.55
72,249.62
74,099.38
81,229.16
87,587.31
92,107.75
99,546.15
108,542.92
114,795.65
Basic Weighted Avg Shares
498
474
474
474
474
474
486
500
534
509
519
506
486
477
Sales/Revenue/Turnover
12,398,378
12,849,232
13,404,650
13,520,169
14,611,113
15,895,395
20,526,896
20,831,222
21,789,544
15,068,299
17,096,837
17,571,888
18,390,840
19,066,310
Operating Margin (%)
21.27
20.66
22.18
22.99
26.2
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
319,730
312,966
278,882
259,941
253,344
301,916
677,152
768,488
902,692
999,682
1,185,006
1,280,382
1,295,085
1,254,536
Net Income, GAAP
1,898,577
2,081,110
2,367,171
2,774,778
2,918,816
3,156,722
3,403,497
3,414,595
4,019,254
4,665,643
4,368,035
4,450,177
4,971,561
3,953,347
Effective Tax Rate (%)
23.21
23.29
22.12
10.9
22.34
28.4
25.84
26.42
26.35
25.31
24.93
24.4
26.62
27.71
Profit Margin (%)
15.31
16.2
17.66
20.52
19.98
19.86
16.58
16.39
18.45
30.96
25.55
25.33
27.03
20.73
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
59,934,276
62,329,091
65,927,172
73,068,104
82,985,080
86,023,408
105,075,191
105,921,075
123,316,428
119,125,148
126,438,204
138,686,561
141,530,776
137,776,604
Total Equity
29,855,138
30,514,908
31,813,056
31,744,980
33,703,618
36,651,430
41,930,381
46,356,858
50,215,950
53,423,558
56,321,865
58,821,033
60,372,324
62,519,770
Return on Invested Capital (%)
2.24
2.21
2.41
2.72
2.37
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
6.88
7.19
7.75
8.98
9.21
9.28
9.17
8.28
8.8
9.52
8.41
8.15
8.76
6.77

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
54,293
- -
- -
LT Borrowings
140,740,437
132,874,734
137,776,604
LT Finance Leases
790,339
- -
- -
Preferred Equity and Hybrid Capital
274,055
274,055
274,055
Shares Outstanding
477
473
469
Market Capitalization
37,086,886
43,642,881
45,895,749

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
144,609,392
144,991,630
153,712,379
Accounts Receivable, Net
27,441,511
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
38,792,300
722,000
262,424
ST Debt
54,293
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.69%
5.44%
2.64%
Free Cash Flow
-369.21%
-467.88%
136.35%
Net Income, GAAP
7.97%
8.2%
11.72%
Sales/Revenue/Turnover
4.3%
-1.07%
4.66%
Total Cash Common Dividend
11.28%
7.18%
2.11%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,261,109
4,397,951
4,270,615
4,600,080
17,571,888
2025
4,335,263
4,724,775
4,458,492
4,802,923
18,390,840
2026
4,683,116
5,121,779
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,583.24
2,804.37
2,573.62
814.05
8,790.79
2025
3,003.19
3,178.1
- -
1,070.12
10,219.36
2026
3,419.87
3,867.98
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
81.73
1,155.72
618.69
653.63
2,503.1
2025
98.2
1,222.85
663.74
686.89
2,659.55
2026
111.22
1,727.9
- -
- -
- -

Company Description

CEO
Ok-Dong Jin
Full Time Employees
189
Sector
Financial Services
Industry
Banks - Regional
Address
20, Sejong-daero 9-gil Seoul SL South Korea 04513
IPO Date
Sep 17, 2003
Business
Shinhan Financial Group Co., Ltd. is a South Korean financial holding company primarily engaged in providing a comprehensive range of financial products and services through its subsidiaries. Its core business segments include commercial banking services, credit financial services including credit card operations, securities brokerage, life insurance, and asset management services. The group offers retail banking services such as demand deposits, savings accounts, fixed deposits, mortgage and home equity loans, retail lending, electronic banking, ATM services, corporate banking, and international banking. Shinhan operates broadly across South Korea and has expanded its footprint internationally, including a presence in key foreign markets in Asia and the United States. Founded in 1982 and headquartered in Seoul, the company is one of South Korea’s leading financial institutions. Recent major changes include Shinhan Bank's acquisition of a 10.94% equity stake in Indian non-bank financial company HDFC Credila Financial Services in 2024, marking a strategic expansion into the Indian education loan market. Additionally in 2024, Shinhan Financial Group launched a wealth management brand "Shinhan Premier" to enhance its private banking and wealth management services. The group also dissolved its Shinhan AI division in 2024, consolidating operations under Shinhan Bank to streamline innovation efforts. Furthermore, it completed the unification of its subsidiaries at a new headquarters building in Ho Chi Minh City, Vietnam, signifying its growing Southeast Asian market operations. The group reported steady profits with a robust return on equity and sustained asset growth, maintaining a strong market position as of late 2025. Shinhan Financial Group continues to focus on retail, corporate, securities, insurance, and asset management sectors, targeting individual, corporate, and institutional clients across its diverse geographic network. Its strategic initiatives emphasize digital innovation, regional expansion, and portfolio diversification aimed at solidifying its status as a leading Asian financial conglomerate. Its subsidiaries encompass Shinhan Bank, Shinhan Card, Shinhan Investment Corp., and Shinhan Life Insurance among others, supporting a broad spectrum of financial services from banking to capital markets and insurance products.

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