Shinhan Financial Group Co., Ltd.(SHG)Earnings, Financials & Key Ratios
SHG•NYSE•Banking & Credit
$71.34
11.1× P/E·Price updated Jul 7, 2026
AboutShinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Life Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastructure and structured financing, equity/venture investments, mergers and acquisitions consulting; securitization and derivatives services comprising securities and derivative products, and foreign exchange trading; and working capital loans and facilities loans. In addition, it is involved in treasury and investment activities in international capital markets consisting of foreign currency-denominated securities trading, foreign exchange trading and services, trade-related financial services, international factoring services, and foreign banking operations. Further, the company offers trust account management, securities brokerage, and asset management services, as well as leasing and equipment financing, savings banking, loan collection and credit reporting, collective investment administration, private equity investment, and financial system development services. As of December 31, 2021, it operated a network of 784 service centers; 5,234 ATMs; 7 cash dispensers; and 85 digital kiosks. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.Show more
- Net Interest Income$12065.55B+5.8%
- Total Revenue$34685.18B-2.0%
- Net Income$4971.56B+11.7%
- Return on Equity8.69%+12.4%
- Net Interest Margin1.54%-0.4%
- Efficiency Ratio27.44%+1.7%
- ROA0.65%+4.8%
- Equity / Assets7.08%-11.0%
- Book Value per Share112018.42-3.6%
SHG Price & Volume
Shinhan Financial Group Co., Ltd. (SHG) stock price & volume — 10-year historical chart
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Resilient Lending Growth Offsets Persistent Margin Stagnation
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Credit Provisioning Volatility
Key Thesis Takeaways
- Shinhan Financial Group demonstrates a resilient core lending engine with 5.9% NII growth in 2026Q1, though the persistent 0.4% NIM suggests limited upside in the current interest rate environment.
- The bank is actively managing its valuation discount through aggressive capital return initiatives, including 395.6 billion KRW in quarterly buybacks.
- Investors should monitor the volatility in credit provisioning, which reached 495.6 billion KRW in 2026Q1, as a primary risk factor for future earnings stability.
Verdict Logic
while the bank shows a solid 2.8% ROE and active capital return programs, the 9.43 P/E ratio and persistent 0.4% NIM suggest that significant valuation expansion may be constrained by ongoing credit provisioning risks.
SHG Growth Metrics
Shinhan Financial Group Co., Ltd. (SHG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.97%
5 Years6.16%
3 Years12.19%
TTM-
Profit CAGR
10 Years7.7%
5 Years7.8%
3 Years2.14%
TTM10.59%
EPS CAGR
10 Years7.44%
5 Years8.08%
3 Years4.91%
TTM16.79%
Return on Capital
10 Years3.09%
5 Years2.21%
3 Years2.02%
Last Year1.41%
SHG Recent Earnings
Shinhan Financial Group Co., Ltd. (SHG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (73%)●Beat Revenue 10/12 qtrs (100%)
Q2 2026Latest
May 15, 2026Metric
Actual
Est
EPS
$2.21-2.6%
$2.27
Rev
$2.8B+0.0%
$2.8B
Q2 2026
Apr 23, 2026Metric
Actual
Est
EPS
$2.21+2.8%
$2.15
Rev
$2.8B+1.4%
$2.8B
Q2 2026
Mar 3, 2026Metric
Actual
Est
EPS
$0.68-17.4%
$0.82
Rev
$6.6B+144.5%
$2.7B
Q1 2026
Feb 5, 2026Metric
Actual
Est
EPS
$0.68-17.4%
$0.82
Rev
$2.5B+2.9%
$2.4B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 15, 2026 | $2.21vs $2.27-2.6% | $2.8Bvs $2.8B+0.0% |
| Q2 2026 | Apr 23, 2026 | $2.21vs $2.15+2.8% | $2.8Bvs $2.8B+1.4% |
| Q2 2026 | Mar 3, 2026 | $0.68vs $0.82-17.4% | $6.6Bvs $2.7B+144.5% |
| Q1 2026 | Feb 5, 2026 | $0.68vs $0.82-17.4% | $2.5Bvs $2.4B+2.9% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Shinhan Financial Group Co., Ltd. (SHG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $71.34 | $33.71B | 11.06 | -1.95% | 14.33% | 8.69% | 0% | |
| $115.48 | $40.96B | 11.49 | 34.2% | 13.95% | 10.2% | — | |
| $62.00 | $15.05B | 7.35 | -84.02% | 22.48% | 8.91% | — | |
| $27.13 | $139.16B | 5.54 | 24.27% | 15.36% | 17.76% | — | |
| $29.69 | $106.48B | 18.88 | 5.95% | 17.52% | 16.55% | — | |
| $10.19 | $124.14B | 15.41 | 10.35% | 14.46% | 11.28% | — |
Compare SHG vs Peers
Shinhan Financial Group Co., Ltd. (SHG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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SHG Frequently Asked Questions
Shinhan Financial Group Co., Ltd. (SHG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Shinhan Financial Group Co., Ltd. growing?
Shinhan Financial Group Co., Ltd. (SHG) saw revenue decline by 2.0% over the past year.
Is SHG profitable?
Yes, Shinhan Financial Group Co., Ltd. (SHG) is profitable, generating $5.11T in net income for fiscal year 2025 (14.3% net margin).
Dividend & Returns
Does SHG pay dividends?
Shinhan Financial Group Co., Ltd. (SHG) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.
What is SHG's return on equity?
Shinhan Financial Group Co., Ltd. (SHG) has a return on equity (ROE) of 8.7%. This is below average, suggesting room for improvement.
Industry Metrics
What is Shinhan Financial Group Co., Ltd.'s net interest margin?
Shinhan Financial Group Co., Ltd. (SHG) has a net interest margin (NIM) of 1.5%. NIM has been under pressure due to interest rate environment.
What is Shinhan Financial Group Co., Ltd.'s efficiency ratio?
Shinhan Financial Group Co., Ltd. (SHG) has an efficiency ratio of 27.4%. This is excellent, indicating strong cost control.