The earnings call presented a mixed picture with stable capital management and positive shareholder returns. However, challenges such as declined net income, increased RWA, and concerns over credit costs and asset quality were significant. While there were some positive aspects, notably in interest income growth and asset quality management, the lowlights indicate substantial areas of concern.
Company Guidance
During the 2025 third-quarter earnings call for Shinhan Financial Group, several key financial metrics were discussed. The group's Common Equity Tier 1 (CET1) ratio was preliminarily estimated at 13.56%, showing stability despite challenges like the depreciation of the won. Shinhan Financial Group announced a cash dividend of KRW 570 per share for the quarter, with an expected total shareholder return of KRW 2.35 trillion for 2025, combining cash dividends and share buybacks. The group's net income for Q3 was KRW 1.4235 trillion, with a controlled credit cost ratio of 46 basis points, which increased by 2 basis points year-on-year but improved quarter-over-quarter. The cost/income ratio remained stable, and the return on equity (ROE) and return on tangible common equity (ROTCE) rose by 0.7 percentage points year-on-year to 11.1% and 12.5%, respectively. The bank's net interest margin (NIM) rose to 1.56%, up by 1 basis point quarter-over-quarter, while group interest income increased by 2.9% quarter-over-quarter. Noninterest income decreased due to market conditions, though brokerage and investment banking fees surged. The group's SG&A expenses rose by 2.2% quarter-on-quarter, and the credit cost decreased by 30.1% quarter-on-quarter. The NPL coverage ratio saw mixed results, with the bank's ratio improving by 12.17 percentage points quarter-on-quarter.
Stable CET1 Ratio
Shinhan Financial Group maintained a stable CET1 ratio of 13.56% by the end of September 2025, despite challenges such as won depreciation and loan asset growth.
Dividend and Share Buyback
The board resolved on a cash dividend of KRW 570 per share for Q3, with expected shareholder returns of KRW 2.35 trillion for 2025, including KRW 1.1 trillion in cash dividends and KRW 1.25 trillion in share buybacks.
Interest Income Growth
The group reported a 2.9% Q-o-Q rise in interest income due to profitability-based asset growth and active margin control, with the bank's loan in won increasing by 2.7% Q-o-Q.
Improved Asset Quality Management
The bank's NPL coverage ratio improved by 12.17 percentage points Q-o-Q, supported by NPL sales and strengthened asset quality management.
Shinhan Financial Group Co (SHG) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SHG Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 28, 2025
$52.54
$52.67
+0.25%
Jul 25, 2025
$50.32
$50.91
+1.17%
Apr 25, 2025
$34.59
$34.64
+0.14%
Feb 06, 2025
$35.18
$34.56
-1.76%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Shinhan Financial (SHG) report earnings?
Shinhan Financial (SHG) is schdueled to report earning on Feb 11, 2026, TBA (Confirmed).
What is Shinhan Financial (SHG) earnings time?
Shinhan Financial (SHG) earnings time is at Feb 11, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.