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Shinhan Financial Group NYSE:SHG Stock Report

Last Price

US$33.97

Market Cap

US$17.3b

7D

-5.3%

1Y

13.8%

Updated

18 Dec, 2024

Data

Company Financials +

Shinhan Financial Group Co., Ltd.

NYSE:SHG Stock Report

Market Cap: US$17.3b

SHG Stock Overview

Provides financial products and services in South Korea and internationally. More details

SHG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Shinhan Financial Group Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Shinhan Financial Group
Historical stock prices
Current Share Price₩33.97
52 Week High₩46.05
52 Week Low₩27.09
Beta0.62
1 Month Change-11.03%
3 Month Change-21.76%
1 Year Change13.80%
3 Year Change6.39%
5 Year Change-13.21%
Change since IPO116.37%

Recent News & Updates

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

Oct 30

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

Jul 06

Recent updates

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

Oct 30

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

Jul 06

Shinhan Financial: Mixed Prospects, Fair Valuation

Oct 06

Shinhan Financial: Focus On Earnings Miss And Shareholder Return

Jul 28

Shinhan Financial GAAP EPS of $8.45

Feb 08

Shinhan Financial: All Eyes On 2023 Outlook

Dec 23

Shinhan Financial: Recent Dividend And Buyback Announcements Are Encouraging

Oct 13

Shinhan Financial Net income of KRW2.72T, revenue of KRW6.97T

Jul 22

Shinhan Financial: Look Beyond Q4 Earnings Miss

Feb 25

Shinhan Financial: Rate Hikes And Higher Dividends Are Key Catalysts

Dec 03

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

Sep 20

Shinhan Financial: Positive On Quarterly Dividends And Potential Rate Hike

Jul 05

Shinhan Financial Group: Turning Positive On Valuation Grounds

Feb 02

Shinhan Financial Group: All Eyes On Fund Raising And Dividends

Nov 20

Shareholder Returns

SHGUS BanksUS Market
7D-5.3%-6.3%-4.0%
1Y13.8%28.2%24.0%

Return vs Industry: SHG underperformed the US Banks industry which returned 31.3% over the past year.

Return vs Market: SHG underperformed the US Market which returned 26.1% over the past year.

Price Volatility

Is SHG's price volatile compared to industry and market?
SHG volatility
SHG Average Weekly Movement5.3%
Banks Industry Average Movement5.3%
Market Average Movement6.4%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: SHG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SHG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1982n/aOk-Dong Jinwww.shinhangroup.com

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.

Shinhan Financial Group Co., Ltd. Fundamentals Summary

How do Shinhan Financial Group's earnings and revenue compare to its market cap?
SHG fundamental statistics
Market capUS$17.30b
Earnings (TTM)US$3.04b
Revenue (TTM)US$10.26b

5.7x

P/E Ratio

0.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHG income statement (TTM)
Revenue₩14.93t
Cost of Revenue₩0
Gross Profit₩14.93t
Other Expenses₩10.51t
Earnings₩4.42t

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.78k
Gross Margin100.00%
Net Profit Margin29.62%
Debt/Equity Ratio269.0%

How did SHG perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

25%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 12:48
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shinhan Financial Group Co., Ltd. is covered by 46 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sunmok HaBarclays
Michelle ChoBNP Paribas Securities (Asia)
Jeehoon ParkBofA Global Research