Shinhan Financial Group Co. Ltd. (SHG): price, analyst ratings, earnings and fundamentals
Updated 16 September 2026, 08:02 ET
Shinhan Financial Group Co. Ltd. (SHG) closed at $82.63 on 15 September 2026, down 1.8%. The stock is up 9.6% over one month and up 67.4% over one year. It trades 3.4% below its 52-week high of $85.57. The company last reported on 23 July 2026 for Q2 2026: EPS of $2.49 against an estimate of $2.29, a beat of 8.7%, on revenue of $1.9 billion.
Price and performance
Performance figures use dividend and split adjusted closes over trading sessions, so a one-year move compares the last close with the close 252 sessions earlier. The 52-week range uses the adjusted daily highs and lows of the same window. Read the guide: Momentum, trend and technical indicators.
The live chart with technical indicators is in the app: open SHG in FundSpec.
Analyst ratings
No analyst action on SHG was recorded in the last 90 days; the most recent is from 30 August 2018.
| Date | Firm | Action | Price target |
|---|---|---|---|
| 30 Aug 2018 | B of A Securities | Upgrades to Buy from Neutral |
A price target is one firm's twelve-month view, and the median across firms is a steadier reading than any single call. Upgrades and downgrades matter more when they change a rating, not only a target. Read the guide: What analyst ratings and price targets actually tell you.
Every action with the firm's history is in Analyst Ratings.
Earnings
The next report is scheduled for 29 October 2026 before the open for Q3 2026, with EPS expected at $2.40 on revenue of $3.1 billion. Shinhan Financial Group Co. Ltd. beat the EPS estimate in 4 of its last 8 reported quarters.
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue |
|---|---|---|---|---|---|
| Q2 2026 | 23 Jul 2026 | $2.29 | $2.49 | +8.73% | $1.9B |
| Q1 2026 | 15 May 2026 | $2.29 | $2.27 | -0.87% | $2.1B |
| Q4 2025 | 5 Feb 2026 | $1.01 | $0.68 | -32.67% | $2.1B |
| Q3 2025 | 30 Oct 2025 | $2.23 | $2.05 | -8.07% | $2.9B |
| Q2 2025 | 25 Jul 2025 | $1.98 | $2.19 | +10.61% | $2.0B |
| Q1 2025 | 25 Apr 2025 | $1.99 | $2.24 | +12.56% | $2.6B |
| Q4 2024 | 6 Feb 2025 | $0.76 | $0.61 | -19.74% | $2.3B |
| Q3 2024 | 25 Oct 2024 | $1.74 | $1.76 | +1.15% | $2.1B |
An earnings surprise is the reported EPS against the consensus estimate on the day. The price reaction depends as much on guidance and on what was already priced in as on the surprise itself. Read the guide: Earnings season: estimates, surprises and price reaction.
Estimates, confirmed dates and alerts for every company are in Earnings.
Fundamentals
On a trailing twelve month basis the company shows revenue growth of 20.76%, a gross margin of N.A., an operating margin of 8.72% and a return on equity of 8.11%.
Assets
| Line | Amount |
|---|---|
| Cash & Cash Equivalents | $35,247,543,000,000 |
| Other Receivables | $13,611,340,000,000 |
| Plant, Property & Equipment, Net | $4,157,592,000,000 |
| Deferred Tax Asset | $205,506,000,000 |
Liabilities and equity
| Line | Amount |
|---|---|
| Long-term Debt | $49,920,373,000,000 |
| Minority Interest | $2,767,277,000,000 |
| Total Liabilities | $680,943,223,000,000 |
| Retained Earnings | $39,020,580,000,000 |
| Total Stockholders Equity | $56,053,756,000,000 |
Figures as filed with the SEC for the period ended 31 December 2024, in US dollars.
FundSpec fundamental metrics
Each metric is computed from the company's filings and ranked against every company FundSpec covers; the percentile is the share of covered companies with a lower value.
Leverage
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Debt/Equity | 0.89 | 74th | Calculated as the ratio of Total Liabilities / Shareholders' Equity. The ratio indicates how much debt a company is using to finance its assets relative to the amount of value represented in shareholders’ equity |
| Degree of Operational Leverage | 0.28 | 48th | Calculated as the ratio of Percentage change in EBIT / Percentage change in revenue. It is a measure of how earnings for the company is impacted by its sales activity. |
| Long Term Debt/Long Term Capital | 0.47 | 58th | Calculated as Long-Term Debt / (Long-Term Debt + Shareholders' Equity). The ratio is an indicator of the company's leverage |
Earnings Growth (EBIT)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| EBIT Pct Growth | 5.9% | 62nd | The EBIT growth rate over the trailing twelve months (TTM) |
| EBIT Pct Growth 3 year CAGR | 2.8% | 79th | The EBIT compound annual growth rate (CAGR) over the past 3 years |
| EBIT Pct Growth 5 year CAGR | 5.1% | 69th | The Adjusted EBIT compound annual growth rate (CAGR) over the past 5 years |
Earnings Growth (EBITDA)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| EBITDA Pct Growth | 5.7% | 65th | The EBITDA growth rate over the trailing twelve months (TTM) |
| EBITDA Pct Growth 3 year CAGR | 8.6% | 77th | The EBITDA compound annual growth rate (CAGR) over the past 3 years |
| EBITDA Pct Growth 5 year CAGR | 26.6% | 62nd | The EBITDA compound annual growth rate (CAGR) over the past 5 years |
Profitability
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Free Cashflow Margin Pct | 5.9% | 57th | Calculated as the ratio of Free Cashflow from Operating Activities / Net Sales. It measures how much per dollar of revenue the company is able to convert into free cash flow. |
| Operating Margin Pct | 8.7% | 62nd | Calculated as the ratio of (Revenue - (Cost of Goods Sold + Labour + Sales, General & Administrative)) / Revenue. Operating margins are important because they measure efficiency. The higher the operating margin, the more profitable a company's core business is. |
| Operating Profit Pct Growth | 5.9% | 49th | The Operating Profit growth rate over the trailing twelve months (TTM) |
| Operating Profit Pct Growth 3 year CAGR (FY) | 2.8% | 48th | The Operating Profit compound annual growth rate (CAGR) over the past 3 years |
| Operating Profit Pct Growth 5 year CAGR (FY) | 5.1% | 56th | The Operating Profit compound annual growth rate (CAGR) over the past 5 years |
| PreTax Margin Pct | 8.0% | 59th | Calculated as the ratio of (Gross profit - (Operating Expense + Interest Expense)) / Revenue. The pretax profit margin enables profitability to be compared across companies with significant differences in size, scale, capital structure and tax rates. |
| Return on Equity Pct | 8.1% | 61st | Calculated as the ratio of Net Income / Shareholders' equity. It is a measure of how much profit a company generates with the money shareholders have invested. |
| Return on Invested Capital Pct | 4.7% | 55th | Calculated as the ratio of (Net Income - Dividends) / (Debt + Equity). It is a measure of how efficient the company is at allocating the capital under its control to profitable investments. |
Cashflow
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| FCF Pct Growth | 400.0% | 98th | The Free Cash Flow growth rate over the trailing twelve months (TTM) |
| FCF Pct Growth 3 year CAGR | 12.9% | 48th | The Free Cash Flow compound annual growth rate (CAGR) over the past 3 years |
| FCF Pct Growth 5 year CAGR | -36.9% | 22nd | The Free Cash Flow compound annual growth rate (CAGR) over the past 5 years |
| Operating Cashflow Pct Growth | 400.0% | 98th | The Operating Cashflow growth rate over the trailing twelve months (TTM) |
| Operating Cashflow Pct Growth 3 year CAGR (FY) | 3.3% | 48th | The Operating Cashflow compound annual growth rate (CAGR) over the past 3 years |
| Operating Cashflow Pct Growth 5 year CAGR (FY) | -8.4% | 28th | The Operating Cashflow compound annual growth rate (CAGR) over the past 5 years |
Earnings Growth (Net Income)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Net Income Pct Growth | 1.9% | 44th | The Net Income growth rate over the trailing twelve months (TTM) |
| Net Income Pct Growth 3 year CAGR | 3.5% | 51st | The Net Income compound annual growth rate (CAGR) over the past 3 years |
| Net Income Pct Growth 5 year CAGR | 5.5% | 56th | The Net Income compound annual growth rate (CAGR) over the past 5 years |
Top Line Growth
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Revenue Pct Growth | 20.8% | 76th | The Revenue (Sales) growth rate over the trailing twelve months (TTM) |
Taxes
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Effective Tax Rate Pct | 24.4% | 80th | The effective tax rate of the company over the trailing twelve months (TTM). |
Margins and returns say how much of each dollar of sales becomes profit and how hard the balance sheet is working; leverage and liquidity say how much room the company has when conditions turn. Read the guide: A practical guide to discounted cash flow valuation.
Fair value, peer multiples and the full statement history are in the app: open SHG in FundSpec.
SEC filings
The latest filing is a 20-F from 22 April 2026.
| Filed | Form | Document |
|---|---|---|
| 22 Apr 2026 | 20-F | View on sec.gov |
| 23 Apr 2025 | 20-F | View on sec.gov |
| 18 Apr 2024 | 20-F | View on sec.gov |
| 20 Apr 2023 | 20-F | View on sec.gov |
| 20 Apr 2022 | 20-F | View on sec.gov |
| 28 Apr 2021 | 20-F | View on sec.gov |
| 29 Apr 2020 | 20-F | View on sec.gov |
| 30 Apr 2019 | 20-F | View on sec.gov |
| 30 Apr 2018 | 20-F | View on sec.gov |
| 28 Apr 2017 | 20-F | View on sec.gov |
Company profile
- Exchange
- NYSE
- Sector
- Banks
- Industry
- Banking
- Headquarters
- SEOUL100-102
- Chief executive
- Yong-Byoung Cho
- Employees
- 190
- Website
- shinhangroup.com
- SEC CIK
- 0001263043
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, Life Insurance, Credit, and Credit. As of December 31, 2021, it operated a network of 784 service centers; 5,234 ATMs; 7 cash dispensers; and 85 digital kiosks.
Sector and peers
Shinhan Financial Group Co. Ltd. is part of the Banks sector, which FundSpec tracks across 315 companies.
Companies in the same industry by market capitalization:
RY Royal Bank Of CanadaMUFG Mitsubishi Ufj Financial Group Inc.SAN Banco Santander, S.A.TD Toronto Dominion BankSMFG Sumitomo Mitsui Financial Group, Inc.BBVA Banco Bilbao Vizcaya Argentaria, S.A.MFG Mizuho Financial Group Inc.BMO Bank Of Montreal /Can/
Put two of them side by side in Compare.
In FundSpec: the fair value estimate, the momentum reading, relative valuation against sector and industry peers, unusual options activity and AI model signals for SHG are available to subscribers, with the same screen in the iOS and Android apps.
Open SHG in FundSpec