Shinhan Financial Group Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	28,085,689	27,988,801	29,209,338	27,579,211	20,092,325	11,925,354
Interest Income on Investments	435,274	209,681	239,097	181,486	177,569	2,923,407
Total Interest Income	28,520,963	28,198,482	29,448,435	27,760,697	20,269,894	14,848,761
Interest Paid on Deposits	16,265,773	16,294,345	17,807,036	16,761,289	9,495,472	2,173,804
Interest Paid on Borrowings	-92,104	-	-	-	-	1,781,101
Total Interest Expense	16,173,669	16,294,345	17,807,036	16,761,289	9,495,472	3,954,905
Net Interest Income	12,347,294	11,904,137	11,641,399	10,999,408	10,774,422	10,893,856
Net Interest Income Growth	5.51%	2.26%	5.84%	2.09%	-1.10%	9.15%
Income From Trading Activities	-	-	-	-	-	-64,128
Gain (Loss) on Sale of Assets	22,045	25,828	9,781	59,633	-	-55,889
Gain (Loss) on Sale of Investments	1,578,440	137,312	-1,259	-151,738	-161,483	1,052,132
Gain (Loss) on Sale of Equity Investments	-63,495	-	-	-	-	198,193
Other Non-Interest Income	8,463,987	5,657,122	4,975,904	5,557,336	3,928,918	11,449,734
Total Non-Interest Income	10,124,493	5,820,262	4,984,426	5,465,231	3,767,435	13,892,426
Non-Interest Income Growth	-22.50%	16.77%	-8.80%	45.06%	-72.88%	364.61%
Revenues Before Loan Losses	22,471,787	17,724,399	16,625,825	16,464,639	14,541,857	24,786,282
Provision for Loan Losses	1,910,542	2,002,965	2,013,274	2,244,503	1,291,813	959,232
Revenue	20,561,245	15,721,434	14,612,551	14,220,136	13,250,044	23,827,050
Revenue Growth	-9.20%	7.59%	2.76%	7.32%	-44.39%	105.61%
Salaries and Employee Benefits	207,491	24,840	12,478	11,862	9,777	3,782,716
Occupancy Expenses	-7,087	-	-	-	-	490,457
Amortization of Goodwill & Intangibles	5,275	-	-	-	-	155,202
Selling, General & Administrative	6,097,517	6,097,967	5,868,432	5,686,291	5,480,371	1,127,281
Other Non-Interest Expense	6,325,740	2,325,993	2,066,224	2,186,730	1,700,320	12,024,285
Total Non-Interest Expense	12,689,845	8,509,709	8,319,461	8,045,455	6,729,406	18,201,248
EBT Excluding Unusual Items	7,871,400	7,211,725	6,293,090	6,174,681	6,520,638	5,625,802
Asset Writedown	-3,023	-3,023	-4,155	-7,135	-	-42,138
Pretax Income	7,588,684	6,929,009	6,029,092	5,964,960	6,366,626	5,583,664
Income Tax Expense	2,102,646	1,844,490	1,470,922	1,486,960	1,611,112	1,471,036
Earnings From Continuing Operations	5,486,038	5,084,519	4,558,170	4,478,000	4,755,514	4,112,628
Minority Interest in Earnings	-109,147	-112,958	-107,993	-109,965	-89,871	-93,374
Net Income	5,376,891	4,971,561	4,450,177	4,368,035	4,665,643	4,019,254
Preferred Dividends & Other Adjustments	198,527	197,932	176,945	189,672	156,277	116,388
Net Income to Common	5,178,364	4,773,629	4,273,232	4,178,363	4,509,366	3,902,866
Net Income Growth	13.80%	11.71%	2.27%	-7.34%	15.54%	17.23%
Basic Shares Outstanding	477	486	506	519	531	534
Diluted Shares Outstanding	477	486	506	519	531	534
Shares Change	-4.03%	-3.90%	-2.50%	-2.15%	-0.64%	6.74%
EPS (Basic)	10856.20	9812.50	8441.26	8047.57	8498.00	7308.05
EPS (Diluted)	10856.20	9812.50	8441.26	8047.57	8498.00	7308.05
EPS Growth	18.58%	16.25%	4.89%	-5.30%	16.28%	9.83%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	2930.000	2590.000	2160.000	2100.000	2065.000	1960.000
Dividend Growth	-11.21%	19.91%	2.86%	1.70%	5.36%	30.67%
Effective Tax Rate	27.71%	26.62%	24.40%	24.93%	25.30%	26.35%