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Shinhan Financial Group Co
(NYSE:SHG)
Shinhan Financial Group Co (SHG) vs. SPDR S&P 500 ETF (SPY)
Shinhan Financial Group Co Business Overview & Revenue Model
Shinhan Financial Group Co Earnings Call Summary
Shinhan Financial Group Co Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 30.44T | 35.38T | 33.80T | 24.56T | 25.75T | 25.72T |
| Gross Profit | 15.97T | 15.57T | 14.88T | 13.78T | 20.84T | 19.47T |
| EBITDA | 5.67T | 7.31T | 7.15T | 7.37T | 6.49T | 5.52T |
| Net Income | 4.87T | 4.45T | 4.37T | 4.67T | 4.02T | 3.41T |
Balance Sheet | ||||||
| Total Assets | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 92.87T |
| Total Debt | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Total Liabilities | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Stockholders Equity | 57.87T | 56.05T | 53.72T | 50.73T | 47.97T | 44.07T |
Cash Flow | ||||||
| Free Cash Flow | -6.65T | 3.85T | -186.39B | 6.65T | 10.19T | -5.05T |
| Operating Cash Flow | -6.15T | 4.63T | 529.85B | 7.59T | 11.08T | -4.41T |
| Investing Cash Flow | -5.83T | 148.53B | -4.27T | -11.03T | -12.03T | -3.03T |
| Financing Cash Flow | 15.45T | -182.65B | 9.76T | 3.39T | 4.96T | 7.88T |
Shinhan Financial Group Co Technical Analysis
Shinhan Financial Group Co Risk Analysis
Shinhan Financial Group Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $28.38B | 16.00 | 18.12% | 4.82% | 8.72% | 27.70% | |
72 Outperform | $39.78B | 11.43 | 11.78% | 2.48% | 5.89% | 34.68% | |
69 Neutral | $33.77B | 8.70 | 9.99% | 2.79% | -4.64% | 24.98% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $27.53B | 8.63 | 8.58% | 2.86% | -4.88% | 4.84% | |
64 Neutral | $25.91B | 24.67 | 9.34% | 4.98% | 1.13% | -11.93% | |
62 Neutral | $15.14B | 6.95 | 9.61% | 3.71% | -2.90% | 16.10% |
Shinhan Financial Group Co Corporate Events
On January 30, 2026, Shinhan Financial Group Co., Ltd. announced the termination of a trust agreement originally entered into on July 31, 2025 for the acquisition of its own shares. The agreement, concluded with NH Investment & Securities and totaling KRW 800 billion before termination, expired in line with the original contract term, and therefore did not require a separate board resolution under Korean capital markets regulations. Upon termination, a total of 10,840,573 common treasury shares, representing 2.23% of Shinhan’s issued shares and acquired from profits available for dividend, are being held directly in the group’s corporate account, with trust property returned in the form of cash and treasury shares. This move consolidates ownership of the repurchased shares on Shinhan’s balance sheet and may provide the group with greater flexibility for future capital management or shareholder-return initiatives.
The most recent analyst rating on (SHG) stock is a Hold with a $62.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.
Shinhan Financial Group Co., Ltd., a leading South Korean financial services holding company active in banking, securities, insurance and asset management, serves both retail and corporate clients in Korea and increasingly targets international investors through multilingual disclosures.
On January 21, 2026, Shinhan Financial Group announced it will hold its FY2025 earnings release conference on February 5, 2026, at 14:00 Seoul time, via live internet streaming in both Korean and English with a Q&A session open to investors. The group also declared a blackout period for insider trading and related activities from January 22 to February 5, 2026, underscoring its adherence to disclosure and governance standards as it prepares to present detailed FY2025 business results and engage directly with stakeholders through the webcast and accompanying presentation materials posted on its website and YouTube channel.
The most recent analyst rating on (SHG) stock is a Buy with a $61.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.
On January 21, 2026, Shinhan Financial Group disclosed that Korea’s National Pension Service (NPS), its largest shareholder, modestly reduced its stake based on the shareholder registry as of December 31, 2025. NPS’s holdings fell from 44,159,384 common shares (9.10% as of November 4, 2025) to 43,846,070 shares (9.03%), marking a slight decrease in ownership that leaves the pension fund still firmly in a major shareholder position and signals only a minor shift in Shinhan’s ownership structure rather than a fundamental change in control or governance dynamics.
The most recent analyst rating on (SHG) stock is a Buy with a $61.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.
On December 30, 2025, Shinhan Financial Group announced a change in its external auditor, signaling an adjustment to its financial reporting and oversight arrangements. The group will replace Samjong KPMG, which served as its external auditor for fiscal years 2023 to 2025, with Samil PricewaterhouseCoopers for fiscal years 2026 through 2028, a move that may influence its audit approach and governance framework over the next three years.
The most recent analyst rating on (SHG) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.
Shinhan Financial Group has announced that shareholders registered as of December 31, 2025, will be eligible to exercise their voting rights at the Annual General Meeting of Shareholders for the fiscal year 2025. This announcement is significant as it sets the record date for shareholders to participate in the decision-making process of the company, potentially impacting its governance and future strategic directions.
The most recent analyst rating on (SHG) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.
Shinhan Financial Group announced an amendment to its Articles of Incorporation, allowing the Board of Directors to set the record date for dividends, aligning with global standards. This change was approved at the Annual General Meeting on March 23, 2023. For fiscal year 2025, the year-end dividend record date will be set after mid-February 2026, impacting shareholders’ eligibility for dividends. This strategic move may enhance operational flexibility and align shareholder interests with global practices.
The most recent analyst rating on (SHG) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.
On December 5, 2025, Shinhan Life Insurance, a subsidiary of Shinhan Financial Group, resolved to acquire approximately a 1% equity stake in Athora Holding Ltd. The acquisition, valued at EUR 115 million, will be executed through a cash transaction and is intended for investment purposes. This strategic move is expected to strengthen Shinhan’s investment portfolio and enhance its positioning in the financial services industry.
The most recent analyst rating on (SHG) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.
On December 4, 2025, Shinhan Financial Group’s board of directors decided to issue bail-in contingent capital securities to meet Basel III capital requirements. This issuance involves domestic, unregistered, unsecured, and uncollateralized hybrid securities worth KRW 270 billion, with a potential increase to KRW 400 billion based on demand. The securities are perpetual with call options available after five years. This move is aimed at bolstering the company’s capital structure and ensuring financial resilience, impacting its operational stability and positioning in the financial industry.
The most recent analyst rating on (SHG) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.
On November 14, 2025, Shinhan Financial Group filed its third-quarter 2025 Business Report, highlighting a consolidated net profit of KRW 4,547 billion, slightly down from the previous year. The report indicates a decrease in net insurance income and a lower cash dividend payout ratio compared to 2024. Despite these challenges, the group’s net operating income remained stable, reflecting its resilience in the financial market.
The most recent analyst rating on (SHG) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.
On November 12, 2025, Shinhan Financial Group Co., Ltd. announced a decrease in the number of common shares owned by its largest shareholder, Korea’s National Pension Service (NPS). The NPS’s holdings reduced from 44,311,470 shares, representing 9.13% as of September 30, 2025, to 44,159,384 shares, representing 9.10% as of November 4, 2025. This change reflects a minor adjustment in the shareholder registry, which may have implications for the company’s shareholder dynamics and market perception.
The most recent analyst rating on (SHG) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.