Shinhan Financial Group Co., Ltd. (SHG)

NYSE: SHG · Real-Time Price · USD
39.58
+1.01 (2.62%)
Nov 20, 2024, 4:00 PM EST - Market closed
2.62%
Market Cap 20.02B
Revenue (ttm) 11.37B
Net Income (ttm) 3.37B
Shares Out 503.45M
EPS (ttm) 6.61
PE Ratio 5.95
Forward PE 5.78
Dividend $1.57 (3.96%)
Ex-Dividend Date Jun 28, 2024
Volume 129,890
Open 39.75
Previous Close 38.57
Day's Range 39.47 - 39.78
52-Week Range 27.09 - 46.05
Beta 0.61
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About SHG

Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, 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 ... [Read more]

Sector Financials
Founded 1982
Employees 22,714
Stock Exchange NYSE
Ticker Symbol SHG
Full Company Profile

Financial Performance

In 2023, Shinhan Financial's revenue was 14.18 trillion, an increase of 7.04% compared to the previous year's 13.25 trillion. Earnings were 4.18 trillion, a decrease of -7.34%.

Financial numbers in KRW Financial Statements

News

Shinhan Financial: Earnings Miss, Long-Term ROE Target Are Key Considerations (Rating Downgrade)

Shinhan's Q3 2024 net profit fell short of expectations, primarily due to a significant decrease in non-interest income resulting from derivative trading losses. On the other hand, there is the potent...

21 days ago - Seeking Alpha

Shinhan Financial Group Co., Ltd. (SHG) Q3 2024 Earnings Call Transcript

Shinhan Financial Group Co., Ltd. (NYSE:SHG) Q3 2024 Earnings Conference Call October 25, 2024 1:00 AM ET Company Participants Cheol-Woo Park - Head of Investor Relations Sang-Yung Chun - Chief Finan...

26 days ago - Seeking Alpha

Shinhan Financial Has Valuation Re-Rating Potential (Rating Upgrade)

Actions like targeting higher ROE, diversifying geographically, and increasing capital distribution could lead to a positive re-rating of Shinhan Financial's shares and valuations. SHG's year-to-date ...

4 months ago - Seeking Alpha

Shinhan Financial Group Co., Ltd. (SHG) Q1 2024 Earnings Call Transcript

Shinhan Financial Group Co., Ltd. (NYSE:SHG) Q1 2024 Earnings Conference Call April 26, 2024 1:00 AM ET Company Participants Sang-Hyuk Jung - Chief Executive Officer Conference Call Participants Park...

7 months ago - Seeking Alpha

Shinhan Financial Group files its FY2023 Form 20-F to the SEC

SEOUL, South Korea , April 18, 2024 /PRNewswire/ -- Shinhan Financial Group (NYSE: SHG) (KRX: 055550) filed its Annual Report on Form 20-F for the year ended December 31, 2023 with the U.S. Securities...

7 months ago - PRNewsWire

Shinhan CEO Says South Korea to Lift Short Selling Ban by End of June

Shinshan CEO Jin Okdong says South Korea will lift a ban on short selling by the end of the first half of the year. “I think the inspection and supplementary work will be done quickly and I believe au...

10 months ago - Bloomberg Markets and Finance

Shinhan Financial Group Co., Ltd. (SHG) Q2 2023 Earnings Call Transcript

Shinhan Financial Group Co., Ltd. (NYSE:SHG) Q2 2023 Earnings Conference Call July 27, 2023 1:00 AM ET Company Participants Park Cheol Woo - Head, Investor Relations Lee Taekyung - Chief Financial Of...

1 year ago - Seeking Alpha

Shinhan Financial: Downgrading As Capital Return Outlook Turns Unfavorable

Shinhan Financial Group Co., Ltd. might find it difficult to return a larger percentage of its excess capital to shareholders going forward, assuming that regulators impose more demanding capital adeq...

1 year ago - Seeking Alpha

Shinhan Financial Group files its FY2022 Form 20-F to the SEC

SEOUL, South Korea , April 20, 2023 /PRNewswire/ -- Shinhan Financial Group (NYSE: SHG) (KRX:055550) filed its Annual Report on Form 20-F for the year ended December 31, 2022 with the U.S. Securities ...

1 year ago - PRNewsWire

Japan's bank stocks sink as Credit Suisse fear roils markets

Banking stocks in Japan fell on Thursday as troubles at Credit Suisse sparked fears that banking turmoil is spreading around the world.

Other symbols: KB
1 year ago - CNN Business

Shinhan Financial: Shareholder Capital Return Improvement Is Key Catalyst

SHG's Q4 2022 financial performance wasn't as poor as what headline numbers imply. Shinhan Financial is targeting to achieve a higher 30%-40% shareholder capital return ratio for 2023.

1 year ago - Seeking Alpha

12 Top Dividend Stocks To Buy In The Current Market Environment

With the dollar still strong and inflation fears still looming, now is an especially good time for US investors to buy more foreign dividend stocks. US investors should also consider tax advantages of...

Other symbols: BHPBTIEWLNVSULVYMI
1 year ago - Seeking Alpha

Shinhan Financial Group Co., Ltd. (SHG) Q4 2022 Earnings Call Transcript

Shinhan Financial Group Co., Ltd. (NYSE:SHG) Q4 2022 Earnings Conference Call February 8, 2023 12:00 AM ET Company Participants Park Cheol Woo - Head, Investor Relations Lee Taekyung - Chief Financia...

1 year ago - Seeking Alpha

Shinhan Financial: All Eyes On 2023 Outlook

Shinhan Financial is expected to generate positive core net profit growth in fiscal 2023, excluding the effects of a one-off gain on sale of properties. SHG's life insurance business should benefit fr...

2 years ago - Seeking Alpha

Shinhan Financial Group Co., Ltd. (SHG) Q3 2022 Earnings Call Transcript

Shinhan Financial Group Co., Ltd. (NYSE:SHG) Q3 2022 Earnings Conference Call October 24, 2022 9:30 PM ET Company Participants Park Cheol Woo - Head, IR Lee Tae Kyung - CFO Bang Dong Kwon - CRO Kim M...

2 years ago - Seeking Alpha

Shinhan Financial: Recent Dividend And Buyback Announcements Are Encouraging

I have a very favorable view of Shinhan Financial's recent shareholder capital return disclosures relating to quarterly dividends and new share buyback program. The financial outlook for Shinhan Finan...

2 years ago - Seeking Alpha

Shinhan Financial Group files its FY2021 Form 20-F to the SEC

SEOUL, South Korea , April 21, 2022 /PRNewswire/ -- Shinhan Financial Group (NYSE: SHG) (KRX: 055550) filed its Annual Report on Form 20-F for the year ended December 31, 2021 with the U.S. Securities...

2 years ago - PRNewsWire

Shinhan Financial Group Co., Ltd. (SHG) Q4 2021 Results - Earnings Call Transcript

Shinhan Financial Group Co., Ltd. (SHG) Q4 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha

Shinhan Financial: Rate Hikes And Higher Dividends Are Key Catalysts

Shinhan Financial's third quarter earnings met market expectations, and there were positives associated with the company's business diversification and cost management efforts. Further rate hikes and ...

3 years ago - Seeking Alpha

Shinhan Financial: Non-Banking Businesses And Capital Return Draw Attention

Non-banking businesses account for almost half of Shinhan Financial's total earnings in 1H 2021, and this has led to higher earnings growth and an increase in ROE for the company.

3 years ago - Seeking Alpha

Shinhan Financial Group Co., Ltd. (SHG) CEO Yonghak Huh on Q2 2021 Results - Earnings Call Transcript

Shinhan Financial Group Co., Ltd. (SHG) CEO Yonghak Huh on Q2 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha

Shinhan Financial: Positive On Quarterly Dividends And Potential Rate Hike

Shinhan Financial's move towards quarterly dividends this year is supported by the Korean regulators' recent decision to remove the dividend cap for Korean financial companies starting from July 2021....

3 years ago - Seeking Alpha

Shinhan Financial Group files its FY2020 Form 20-F to the SEC

SEOUL, South Korea, April 30, 2021 /PRNewswire/ -- Shinhan Financial Group (NYSE: SHG) (KRX: 055550) filed its Annual Report on Form 20-F for the year ended December 31, 2020 with the U.S. Securities ...

3 years ago - PRNewsWire

Shinhan Financial Group Co Ltd (SHG) on Q1 2021 Results - Earnings Call Transcript

Shinhan Financial Group Co Ltd (SHG) on Q1 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha

Shinhan Financial Group: Spotlight On Business Diversification And Dividends

Shinhan Financial's weak 4Q 2020 financial performance was already well-anticipated, so the company's stock price increased by +4% post-results despite the earnings decline.

3 years ago - Seeking Alpha