Shinhan Financial Group Co., Ltd.

NYSE:SHG Stock Report

Market Cap: US$17.3b

Shinhan Financial Group Management

Management criteria checks 3/4

Shinhan Financial Group's CEO is Ok-Dong Jin, appointed in Mar 2023, has a tenure of 1.75 years. total yearly compensation is ₩659.00M, comprised of 99.8% salary and 0.2% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth $650.37K. The average tenure of the management team and the board of directors is 4.4 years and 3.8 years respectively.

Key information

Ok-Dong Jin

Chief executive officer

₩659.0m

Total compensation

CEO salary percentage99.8%
CEO tenure1.8yrs
CEO ownership0.004%
Management average tenure4.4yrs
Board average tenure3.8yrs

Recent management updates

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

CEO Compensation Analysis

How has Ok-Dong Jin's remuneration changed compared to Shinhan Financial Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₩4t

Jun 30 2024n/an/a

₩4t

Mar 31 2024n/an/a

₩4t

Dec 31 2023₩659m₩658m

₩4t

Compensation vs Market: Ok-Dong's total compensation ($USD452.73K) is below average for companies of similar size in the US market ($USD12.63M).

Compensation vs Earnings: Insufficient data to compare Ok-Dong's compensation with company performance.

CEO

Ok-Dong Jin (63 yo)

1.8yrs

Tenure

₩659,000,000

Compensation

Mr. Ok-Dong Jin has been Chief Executive Officer and Executive Director of Shinhan Financial Group Co., Ltd. since March 23, 2023. He had been the Chief Executive Officer of Shinhan Bank Co., Ltd.since Ma...

Leadership Team

NamePositionTenureCompensationOwnership
Ok-Dong Jin
CEO & Executive Director1.8yrs₩659.00m0.0038%
$ 650.4k
Sang-Hyuk Jung
Deputy Presidentless than a yearno data0.0027%
$ 465.3k
Een-kyoon Lee
Deputy President & COO5.9yrsno datano data
Tae Youn Kim
Executive Director2.9yrsno datano data
Keun Soo Jung
Deputy President and Head of Group & Global Investment Banking Group3.9yrsno datano data
Cheol Woo Park
Head of Investor Relationsno datano datano data
Ho-Min Wang
Deputy President & Chief Compliance Officer5.9yrsno datano data
Jun Sik Ahn
Deputy President & Chief Public Relations Officer3.9yrsno datano data
Jung Kee Min
Chief of Asset Management Unit9.8yrsno datano data
Young-Taeg Heo
Deputy President & Chief Management Officerno datano datano data
Dong-ki Jang
Deputy President and Head of Global Markets & Securities Business Group6.9yrsno datano data
Dong-kwon Bang
Deputy President & Chief Risk Officer4.9yrsno datano data

4.4yrs

Average Tenure

60yo

Average Age

Experienced Management: SHG's management team is considered experienced (4.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ok-Dong Jin
CEO & Executive Director5.8yrs₩659.00m0.0038%
$ 650.4k
Sang-Hyuk Jung
Deputy President1.8yrsno data0.0027%
$ 465.3k
Su-Keun Kwak
Independent Outside Director3.8yrs₩90.00mno data
Hyun-Duk Jin
Independent Outside Director4.8yrs₩72.50mno data
Jaewon Yoon
Independent Chair4.8yrs₩87.50mno data
Yong Guk Lee
Independent Outside Director3.8yrs₩87.00mno data
Hoon Bae
Independent Outside Director3.8yrs₩80.50mno data
Jae Boong Choi
Independent Outside Director3.8yrs₩87.50mno data
Jo-seol Kim
Independent Outside Director2.8yrs₩76.00mno data
Young-Gwon Choi
Independent Directorless than a yearno data0.00040%
$ 69.2k
Seongjoo Song
Independent Directorless than a yearno datano data

3.8yrs

Average Tenure

60yo

Average Age

Experienced Board: SHG's board of directors are considered experienced (3.8 years average tenure).

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

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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