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Shinhan Financial Group’s Asset Growth in 2024

Shinhan Financial Group’s Asset Growth in 2024

Shinhan Financial Group Co (SHG) has released an update.

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Shinhan Financial Group Co. has released its separate interim financial statements for the period ending September 30, 2024, revealing a slight increase in total assets to 38.15 trillion won from 37.29 trillion won in December 2023. Despite a decrease in loans at amortized cost, the group saw a rise in its financial assets at fair value and retained earnings. This financial performance reflects Shinhan’s strategic adjustments in its asset management amidst a dynamic economic environment.

For further insights into SHG stock, check out TipRanks’ Stock Analysis page.

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