Shinhan Financial Group Future Growth
Future criteria checks 0/6
Shinhan Financial Group is forecast to grow earnings and revenue by 1.8% and 2.1% per annum respectively. EPS is expected to grow by 8.9% per annum. Return on equity is forecast to be 8.9% in 3 years.
Key information
1.8%
Earnings growth rate
8.9%
EPS growth rate
Banks earnings growth | 13.3% |
Revenue growth rate | 2.1% |
Future return on equity | 8.9% |
Analyst coverage | Good |
Last updated | 11 Nov 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 15,623,115 | 5,218,149 | N/A | N/A | 16 |
12/31/2025 | 15,219,233 | 5,035,733 | N/A | N/A | 18 |
12/31/2024 | 14,881,427 | 4,749,705 | N/A | N/A | 16 |
9/30/2024 | 14,933,557 | 4,422,650 | -32,321,568 | -31,567,159 | N/A |
6/30/2024 | 14,677,719 | 4,305,299 | -31,537,118 | -30,728,877 | N/A |
3/31/2024 | 14,506,129 | 4,124,125 | -22,320,839 | -21,596,944 | N/A |
12/31/2023 | 14,182,917 | 4,178,363 | 1,218,640 | 1,909,849 | N/A |
9/30/2023 | 13,905,861 | 3,995,046 | -2,916,800 | -2,115,843 | N/A |
6/30/2023 | 13,656,427 | 4,433,518 | 3,254,871 | 4,009,957 | N/A |
3/31/2023 | 12,599,789 | 4,501,973 | -2,311,507 | -1,475,233 | N/A |
12/31/2022 | 13,250,044 | 4,509,366 | -12,040,819 | -11,120,732 | N/A |
9/30/2022 | 13,388,179 | 4,621,211 | -22,335,178 | -21,378,882 | N/A |
6/30/2022 | 13,232,286 | 4,120,491 | -20,034,838 | -19,036,969 | N/A |
3/31/2022 | 24,720,271 | 4,089,817 | -27,436,944 | -26,518,726 | N/A |
12/31/2021 | 23,827,050 | 3,902,866 | -33,631,513 | -32,748,874 | N/A |
9/30/2021 | 12,895,296 | 3,920,501 | -23,285,164 | -22,599,331 | N/A |
6/30/2021 | 12,752,457 | 3,957,144 | -37,499,546 | -36,812,237 | N/A |
3/31/2021 | 12,173,992 | 3,586,488 | -31,310,568 | -30,638,637 | N/A |
12/31/2020 | 11,588,628 | 3,329,268 | -38,185,211 | -37,548,440 | N/A |
9/30/2020 | 11,433,655 | 3,384,024 | -39,134,679 | -38,641,295 | N/A |
6/30/2020 | 11,318,976 | 3,228,801 | -27,465,475 | -26,872,644 | N/A |
3/31/2020 | 11,418,474 | 3,344,742 | -29,895,789 | -29,775,837 | N/A |
12/31/2019 | 11,380,227 | 3,341,504 | -22,508,717 | -21,944,226 | N/A |
9/30/2019 | 11,165,564 | 3,332,521 | -19,150,315 | -18,462,655 | N/A |
6/30/2019 | 10,688,741 | 3,208,238 | -20,245,196 | -19,842,015 | N/A |
3/31/2019 | 10,349,670 | 3,163,240 | -26,498,853 | -25,653,543 | N/A |
12/31/2018 | 10,078,996 | 3,116,365 | -23,316,118 | -23,019,663 | N/A |
9/30/2018 | 9,667,732 | 2,829,413 | -13,868,271 | -13,582,679 | N/A |
6/30/2018 | 9,544,021 | 2,808,076 | N/A | -23,396,903 | N/A |
3/31/2018 | 9,324,328 | 2,763,343 | N/A | -18,077,143 | N/A |
12/31/2017 | 9,135,997 | 2,901,138 | N/A | -14,611,623 | N/A |
9/30/2017 | 9,145,305 | 3,298,178 | N/A | -13,436,431 | N/A |
6/30/2017 | 9,011,724 | 3,181,718 | N/A | -10,487,840 | N/A |
3/31/2017 | 8,722,123 | 2,964,395 | N/A | -11,162,786 | N/A |
12/31/2016 | 8,410,540 | 2,719,851 | N/A | -12,974,293 | N/A |
9/30/2016 | 8,326,528 | 2,493,576 | N/A | -20,052,965 | N/A |
6/30/2016 | 4,459,423 | 2,403,246 | N/A | -18,775,783 | N/A |
3/31/2016 | 8,037,005 | 2,447,796 | N/A | -16,723,698 | N/A |
12/31/2015 | 7,981,543 | 2,270,745 | N/A | -20,276,225 | N/A |
9/30/2015 | 13,617,674 | 2,253,109 | N/A | -17,995,477 | N/A |
6/30/2015 | 11,742,829 | 2,183,007 | N/A | -16,548,018 | N/A |
3/31/2015 | 8,020,489 | 2,022,851 | N/A | -18,397,970 | N/A |
12/31/2014 | 8,035,677 | 1,989,232 | N/A | -17,074,865 | N/A |
9/30/2014 | 7,876,073 | 2,015,257 | N/A | -11,329,895 | N/A |
6/30/2014 | 7,948,654 | 1,906,467 | N/A | -7,720,904 | N/A |
3/31/2014 | 7,865,033 | 1,884,186 | N/A | -3,843,768 | N/A |
12/31/2013 | 7,729,704 | 1,806,699 | N/A | -6,924,939 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHG N's forecast earnings growth (1.8% per year) is below the savings rate (8.1%).
Earnings vs Market: SHG N's earnings (1.8% per year) are forecast to grow slower than the MX market (11.3% per year).
High Growth Earnings: SHG N's earnings are forecast to grow, but not significantly.
Revenue vs Market: SHG N's revenue (2.1% per year) is forecast to grow slower than the MX market (7.1% per year).
High Growth Revenue: SHG N's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SHG N's Return on Equity is forecast to be low in 3 years time (8.9%).