Shinhan Financial Group (SHG) Financials

$50.24 +0.86 (+1.74%)

Closing price 03:59 PM Eastern

Extended Trading

$50.15 -0.09 (-0.18%)

As of 06:30 PM Eastern

Annual Income Statements for Shinhan Financial Group

This table shows Shinhan Financial Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	7,127	8,426	10,908	9,302	36,022	26,170	12,681	7,524	17,025	11,494
Consolidated Net Income / (Loss)	6,996	8,343	10,853	9,227	35,541	26,018	12,525	7,382	16,852	11,347
Net Income / (Loss) Continuing Operations	6,996	8,343	10,853	9,227	35,541	26,018	12,525	7,382	16,852	11,347
Total Pre-Tax Income	5,850	6,664	9,363	14,673	33,272	24,189	10,900	5,756	13,969	9,836
Total Revenue	11,805	12,014	10,930	13,449	36,190	32,281	7,422	1,988	10,798	7,626
Net Interest Income / (Expense)	5,724	5,986	7,348	-4,486	16,856	9,099	9,061	8,409	8,380	7,715
Total Interest Income	9,519	9,335	11,053	0.00	22,022	13,603	12,388	15,944	21,363	19,765
Investment Securities Interest Income	9,519	9,335	11,053	-	22,022	13,603	12,388	15,944	21,363	19,765
Total Interest Expense	3,795	3,349	3,706	4,486	5,166	4,503	3,327	7,535	12,983	12,049
Total Non-Interest Income	6,081	6,029	3,583	17,935	19,334	23,182	-1,638	-6,421	2,418	-90
Service Charges on Deposit Accounts	-	-	-4,507	-	-4,444	-	-4,832	-4,479	-4,567	-4,139
Other Service Charges	2,953	2,497	3,789	2,961	2,916	3,203	3,040	3,352	3,032	2,632
Net Realized & Unrealized Capital Gains on Investments	142	481	-8.69	12,012	14,311	13,305	154	-5,294	3,953	1,417
Provision for Credit Losses	-1,804	-2,007	-2,361	672	-2,793	-1,788	-2,120	-1,950	-2,384	-1,217
Total Non-Interest Expense	8,344	7,784	4,269	-1,110	6,219	11,213	-1,170	-1,623	-588	-647
Salaries and Employee Benefits	1,946	1,859	2,187	1,219	1,226	1,318	1,232	1,167	1,184	1,069
Net Occupancy & Equipment Expense	-18	-8.30	-19	-	-46	-147	-133	-97	-97	16
Other Operating Expenses	2,149	1,852	2,440	-2,329	5,063	10,146	-2,128	-2,353	-1,690	-1,613
Other Special Charges	70	-13	-338	-	-24	-105	-141	-341	15	-120
Nonoperating Income / (Expense), net	585	427	341	786	508	1,333	187	194	199	346
Income Tax Expense	594	287	795	1,140	1,098	1,156	1,238	1,278	1,152	995
Other Gains / (Losses), net	1,740	1,966	2,284	-4,306	3,367	2,986	2,863	2,905	4,035	2,506
Net Income / (Loss) Attributable to Noncontrolling Interest	-132	-82	-55	-75	-482	-152	-156	-142	-173	-147
Weighted Average Basic Shares Outstanding	-	-	474.20M	470.65M	460.32M	515.89M	516.60M	508.78M	512.76M	503.45M
Weighted Average Diluted Shares Outstanding	-	-	474.20M	470.65M	460.32M	515.89M	516.60M	508.78M	512.76M	503.45M
Weighted Average Basic & Diluted Shares Outstanding	-	-	474.20M	470.65M	460.32M	515.89M	516.60M	508.78M	512.76M	503.45M

No quarterly income statements for Shinhan Financial Group are available.

This table details how cash moves in and out of Shinhan Financial Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-5,169	879	230	-15,230	9,112	4,828	5,052	20,881	16,209	13,666
Net Cash From Operating Activities	-952	806	2,163	-16,787	6,130	-1,686	5,494	17,718	11,333	18,953
Net Cash From Continuing Operating Activities	-952	806	2,163	-16,787	6,130	-1,686	5,494	17,718	11,333	18,953
Net Income / (Loss) Continuing Operations	0.00	0.00	0.00	0.00	0.00	-954	3,460	5,704	410	3,130
Consolidated Net Income / (Loss)	-	-	-	-	-	-954	3,460	5,704	410	3,130
Provision For Loan Losses	874	920	764	672	849	1,273	820	1,025	1,739	1,362
Depreciation Expense	239	-	237	271	586	708	759	793	918	866
Non-Cash Adjustments to Reconcile Net Income	-4,118	169	6,874	-6,392	5,396	4,388	3,411	12,423	15,098	13,572
Changes in Operating Assets and Liabilities, net	2,054	-283	-5,712	-11,339	-701	-7,100	-2,957	-2,227	-6,832	21
Net Cash From Investing Activities	-2,527	-2,602	-4,941	7.23	-171	-90	-161	-130	-139	121
Net Cash From Continuing Investing Activities	-2,527	-2,602	-4,941	7.23	-171	-90	-161	-130	-139	121
Sale of Property, Leasehold Improvements and Equipment	7.49	-	11	35	45	228	17	74	13	4.50
Other Investing Activities, net	-	-	-19	-	-46	-147	-133	-97	-97	117
Net Cash From Financing Activities	-1,697	2,676	3,051	1,578	3,127	6,651	-375	3,339	5,026	-5,570
Net Cash From Continuing Financing Activities	-1,697	2,676	3,051	1,578	3,127	7,256	-375	2,694	7,560	-5,570
Issuance of Debt	-1,332	13	2,855	1,592	4,342	6,873	714	4,877	6,315	-5,570
Other Net Changes in Cash	7.16	-	-43	-28	25	-47	95	-47	-12	161
Cash Interest Received	9,341	9,229	10,704	11,869	13,155	13,416	12,052	15,133	20,459	19,292
Cash Income Taxes Paid	-548	-	622	764	978	1,091	968	1,344	1,497	698

No quarterly cash flow statements for Shinhan Financial Group are available.

This table presents Shinhan Financial Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	1/1/2022	12/31/2022	12/31/2023	12/31/2024
Total Assets	328,712	399,381	412,994	478,095	557,249	540,022	527,253	535,873	500,565
Cash and Due from Banks	15,935	21,237	15,589	24,600	30,762	24,440	23,846	26,824	27,422
Trading Account Securities	69,919	92,888	60,019	90,841	97,227	99,053	94,592	97,800	86,239
Loans and Leases, Net of Allowance	215,173	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Premises and Equipment, Net	2,613	2,831	2,699	3,534	3,673	3,404	3,183	3,077	2,813
Intangible Assets	3,511	4,003	3,882	4,811	5,046	4,749	4,609	4,816	4,141
Other Assets	19,103	20,261	331,301	355,276	421,175	408,934	401,485	403,865	377,383
Total Liabilities & Shareholders' Equity	328,712	430,128	412,994	478,095	557,249	540,022	527,253	535,873	500,565
Total Liabilities	302,340	367,806	380,059	441,806	514,568	497,773	484,859	492,245	460,763
Non-Interest Bearing Deposits	195,341	233,665	238,128	255,201	300,538	306,981	303,916	295,524	286,077
Long-Term Debt	58,252	26,241	84,987	96,895	109,481	106,556	103,767	110,355	97,226
Other Long-Term Liabilities	49,161	60,198	58,321	91,209	106,556	87,042	80,507	89,466	77,461
Total Equity & Noncontrolling Interests	26,339	62,753	32,055	35,757	41,308	40,002	39,526	41,038	37,235
Total Preferred & Common Equity	25,811	30,350	31,223	33,375	39,202	38,111	37,390	39,023	35,362
Total Common Equity	25,811	30,350	31,223	33,375	39,202	38,111	37,390	39,023	35,362
Common Stock	8,214	-	8,892	9,144	11,265	10,176	9,598	9,369	8,184
Retained Earnings	15,485	19,478	20,631	22,091	25,575	26,198	26,952	28,186	26,403
Accumulated Other Comprehensive Income / (Loss)	-85	-496	-677	-225	-372	-762	-1,516	-832	-1,235
Other Equity Adjustments	2,197	11,368	2,377	2,365	2,734	2,498	2,357	2,300	2,009
Noncontrolling Interest	528	32,402	832	2,382	2,106	1,891	2,136	2,015	1,872

No quarterly balance sheets for Shinhan Financial Group are available.

This table displays calculated financial ratios and metrics derived from Shinhan Financial Group's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	1.78%	-9.02%	-12.46%	169.09%	-10.80%	-77.01%	-73.22%	443.29%	-29.38%
EBITDA Growth	0.00%	13.34%	48.45%	62.57%	135.55%	-29.34%	-51.31%	-44.61%	131.14%	-29.49%
EBIT Growth	0.00%	18.48%	44.65%	59.45%	135.93%	-30.24%	-53.13%	-48.09%	147.60%	-31.08%
NOPAT Growth	0.00%	26.19%	38.33%	61.31%	147.36%	-31.31%	-56.37%	-54.44%	192.05%	-32.48%
Net Income Growth	0.00%	19.27%	30.08%	-12.45%	285.17%	-26.79%	-51.86%	-41.06%	128.27%	-32.67%
EPS Growth	0.00%	19.77%	0.00%	7.54%	6.40%	-4.94%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	0.00%	184.71%	168.27%	-3,304.14%	136.52%	-127.51%	425.75%	222.52%	-36.03%	4.83%
Free Cash Flow Firm Growth	0.00%	0.00%	83.43%	106.00%	1,951.10%	-83.04%	361.66%	-45.78%	-30.95%	182.92%
Invested Capital Growth	0.00%	0.00%	25.16%	11.34%	12.94%	14.25%	-2.21%	-1.78%	5.35%	-9.18%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	46.62%	51.92%	84.71%	105.28%	92.15%	73.00%	154.56%	319.73%	136.03%	135.81%
EBIT Margin	44.60%	51.92%	82.54%	103.26%	90.53%	70.80%	144.33%	279.82%	127.52%	124.45%
Profit (Net Income) Margin	59.26%	69.45%	99.29%	68.61%	98.21%	80.60%	168.76%	371.44%	156.07%	148.79%
Tax Burden Percent	119.58%	125.20%	115.91%	62.89%	106.82%	107.56%	114.91%	128.26%	120.64%	115.35%
Interest Burden Percent	111.12%	106.84%	103.78%	105.66%	101.55%	105.83%	101.75%	103.50%	101.44%	103.64%
Effective Tax Rate	10.15%	4.31%	8.49%	7.77%	3.30%	4.78%	11.35%	22.21%	8.25%	10.12%
Return on Invested Capital (ROIC)	0.00%	14.11%	8.67%	11.44%	25.23%	15.25%	6.31%	2.93%	8.42%	5.93%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	22.26%	13.79%	5.89%	29.44%	19.34%	9.07%	5.77%	12.26%	8.61%
Return on Net Nonoperating Assets (RNNOA)	0.00%	49.25%	15.70%	8.02%	79.59%	52.27%	24.50%	15.63%	33.42%	23.07%
Return on Equity (ROE)	0.00%	63.35%	24.36%	19.47%	104.82%	67.52%	30.81%	18.57%	41.83%	28.99%
Cash Return on Invested Capital (CROIC)	0.00%	-185.89%	-13.68%	0.72%	13.08%	1.95%	8.54%	4.73%	3.21%	15.55%
Operating Return on Assets (OROA)	0.00%	1.90%	2.48%	3.42%	7.35%	4.42%	1.95%	1.04%	2.59%	1.83%
Return on Assets (ROA)	0.00%	2.54%	2.98%	2.27%	7.98%	5.03%	2.28%	1.38%	3.17%	2.19%
Return on Common Equity (ROCE)	0.00%	62.09%	15.36%	12.64%	99.85%	63.59%	29.29%	17.63%	39.68%	27.55%
Return on Equity Simple (ROE_SIMPLE)	0.00%	32.32%	35.76%	29.55%	106.49%	66.37%	32.87%	19.74%	43.18%	32.09%
Net Operating Profit after Tax (NOPAT)	4,730	5,969	8,256	12,808	31,682	21,764	9,496	4,326	12,634	8,530
NOPAT Margin	40.07%	49.68%	75.54%	95.24%	87.55%	67.42%	127.94%	217.66%	117.01%	111.86%
Net Nonoperating Expense Percent (NNEP)	0.00%	-8.15%	-5.12%	5.55%	-4.21%	-4.09%	-2.76%	-2.84%	-3.84%	-2.69%
SG&A Expenses to Revenue	16.33%	15.41%	19.83%	9.06%	3.26%	3.63%	14.81%	53.86%	10.06%	14.24%
Operating Expenses to Revenue	70.68%	64.79%	39.06%	-8.26%	17.18%	34.74%	-15.76%	-81.68%	-5.44%	-8.49%
Earnings before Interest and Taxes (EBIT)	5,265	6,238	9,022	13,887	32,764	22,856	10,713	5,561	13,770	9,491
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	5,503	6,238	9,260	14,158	33,350	23,564	11,472	6,355	14,688	10,357
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	1.18	1.09	0.49	0.51	0.35	0.37	0.36	0.40	0.48
Price to Tangible Book Value (P/TBV)	0.00	1.37	1.26	0.56	0.60	0.40	0.43	0.42	0.45	0.54
Price to Revenue (P/Rev)	2.23	2.54	3.03	1.14	0.47	0.42	1.92	6.86	1.43	2.21
Price to Earnings (P/E)	3.69	3.62	3.04	1.65	0.47	0.52	1.13	1.81	0.91	1.47
Dividend Yield	3.76%	3.92%	3.86%	4.28%	4.17%	4.50%	5.84%	5.87%	6.07%	0.00%
Earnings Yield	27.07%	27.66%	32.91%	60.50%	211.66%	192.38%	88.88%	55.21%	110.05%	68.17%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.87	1.12	0.73	0.69	0.62	0.66	0.65	0.66	0.65
Enterprise Value to Revenue (EV/Rev)	0.00	6.10	10.86	6.37	2.53	2.93	13.24	48.14	9.36	11.61
Enterprise Value to EBITDA (EV/EBITDA)	0.00	11.75	12.81	6.05	2.75	4.01	8.57	15.06	6.88	8.55
Enterprise Value to EBIT (EV/EBIT)	0.00	11.75	13.15	6.16	2.80	4.13	9.17	17.21	7.34	9.33
Enterprise Value to NOPAT (EV/NOPAT)	0.00	12.28	14.37	6.68	2.89	4.34	10.35	22.12	8.00	10.38
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	90.93	54.86	0.00	14.96	0.00	17.89	5.40	8.91	4.67
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	106.93	5.58	33.91	7.64	13.73	20.99	3.96
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	2.21	1.18	2.65	2.71	2.65	2.66	2.63	2.69	2.61
Long-Term Debt to Equity	0.00	2.21	0.42	2.65	2.71	2.65	2.66	2.63	2.69	2.61
Financial Leverage	0.00	2.21	1.14	1.36	2.70	2.70	2.70	2.71	2.73	2.68
Leverage Ratio	0.00	12.48	8.17	8.57	13.14	13.43	13.50	13.42	13.20	13.24
Compound Leverage Factor	0.00	13.33	8.48	9.05	13.34	14.22	13.73	13.89	13.39	13.72
Debt to Total Capital	0.00%	68.86%	54.23%	72.61%	73.04%	72.61%	72.71%	72.42%	72.89%	72.31%
Short-Term Debt to Total Capital	0.00%	0.00%	35.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	68.86%	19.14%	72.61%	73.04%	72.61%	72.71%	72.42%	72.89%	72.31%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.62%	23.64%	0.71%	1.80%	1.40%	1.29%	1.49%	1.33%	1.39%
Common Equity to Total Capital	0.00%	30.51%	22.14%	26.68%	25.16%	26.00%	26.00%	26.09%	25.78%	26.30%
Debt to EBITDA	0.00	9.34	8.03	6.00	2.91	4.65	9.29	16.33	7.51	9.39
Net Debt to EBITDA	0.00	6.78	5.73	4.90	2.17	3.34	7.16	12.58	5.69	6.74
Long-Term Debt to EBITDA	0.00	9.34	2.83	6.00	2.91	4.65	9.29	16.33	7.51	9.39
Debt to NOPAT	0.00	9.76	9.00	6.64	3.06	5.03	11.22	23.99	8.73	11.40
Net Debt to NOPAT	0.00	7.09	6.43	5.42	2.28	3.62	8.65	18.47	6.61	8.18
Long-Term Debt to NOPAT	0.00	9.76	3.18	6.64	3.06	5.03	11.22	23.99	8.73	11.40
Noncontrolling Interest Sharing Ratio	0.00%	2.00%	36.96%	35.05%	4.74%	5.82%	4.92%	5.06%	5.15%	4.97%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-78,655	-13,034	801	16,421	2,785	12,855	6,970	4,813	22,386
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	-23.49	-3.52	0.18	3.18	0.62	3.86	0.93	0.37	1.86
Operating Cash Flow to Interest Expense	-0.25	0.24	0.58	-3.74	1.19	-0.37	1.65	2.35	0.87	1.57
Operating Cash Flow Less CapEx to Interest Expense	-0.25	0.24	0.59	-3.73	1.20	-0.32	1.66	2.36	0.87	1.57
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.04	0.03	0.03	0.08	0.06	0.01	0.00	0.02	0.01
Fixed Asset Turnover	0.00	4.60	4.02	4.86	11.61	8.96	2.10	0.60	3.45	2.59
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	84,624	105,914	117,922	133,183	152,163	148,804	146,160	153,982	137,027
Invested Capital Turnover	0.00	0.28	0.11	0.12	0.29	0.23	0.05	0.01	0.07	0.05
Increase / (Decrease) in Invested Capital	0.00	84,624	21,290	12,008	15,261	18,979	-3,359	-2,644	7,822	-13,855
Enterprise Value (EV)	0.00	73,311	118,652	85,606	91,696	94,429	98,274	95,685	101,015	88,536
Market Capitalization	26,327	30,466	33,147	15,377	17,019	13,604	14,268	13,629	15,470	16,860
Book Value per Share	$0.00	$54.43	$64.00	$65.84	$70.91	$85.16	$73.87	$72.38	$76.70	$68.97
Tangible Book Value per Share	$0.00	$47.03	$55.56	$57.66	$60.69	$74.20	$64.67	$63.46	$67.23	$60.89
Total Capital	0.00	84,591	137,092	117,042	132,652	150,789	146,558	143,293	151,393	134,461
Total Debt	0.00	58,252	74,339	84,987	96,895	109,481	106,556	103,767	110,355	97,226
Total Long-Term Debt	0.00	58,252	26,241	84,987	96,895	109,481	106,556	103,767	110,355	97,226
Net Debt	0.00	42,317	53,103	69,398	72,295	78,719	82,115	79,920	83,531	69,804
Capital Expenditures (CapEx)	-7.49	0.00	-11	-35	-45	-228	-17	-74	-13	-4.50
Net Nonoperating Expense (NNE)	-2,266	-2,375	-2,596	3,581	-3,858	-4,255	-3,029	-3,056	-4,217	-2,816
Net Nonoperating Obligations (NNO)	0.00	58,285	43,162	85,867	97,426	110,855	108,802	106,635	112,944	99,792
Total Depreciation and Amortization (D&A)	239	0.00	237	271	586	708	759	793	918	866
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$6,116.00	$6,579.00	$7,000.00	$6,654.00	$7,308.00	$8,454.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	474.20M	470.65M	460.32M	515.89M	516.60M	508.78M	512.76M	503.45M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$6,116.00	$6,579.00	$7,000.00	$6,654.00	$7,308.00	$8,454.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	474.20M	470.65M	460.32M	515.89M	516.60M	508.78M	512.76M	503.45M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$6,116.00	$6,579.00	$7,000.00	$6,654.00	$7,308.00	$8,454.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	474.20M	470.65M	460.32M	515.89M	516.60M	508.78M	512.76M	503.45M
Normalized Net Operating Profit after Tax (NOPAT)	8,232	9,541	7,947	12,808	31,659	21,664	9,371	4,061	12,648	8,423
Normalized NOPAT Margin	69.73%	79.41%	72.71%	95.24%	87.48%	67.11%	126.26%	204.32%	117.14%	110.45%
Pre Tax Income Margin	49.56%	55.47%	85.66%	109.10%	91.94%	74.93%	146.86%	289.60%	129.37%	128.99%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.39	1.86	2.43	3.10	6.34	5.08	3.22	0.74	1.06	0.79
NOPAT to Interest Expense	1.25	1.78	2.23	2.86	6.13	4.83	2.85	0.57	0.97	0.71
EBIT Less CapEx to Interest Expense	1.39	1.86	2.44	3.10	6.35	5.13	3.22	0.75	1.06	0.79
NOPAT Less CapEx to Interest Expense	1.25	1.78	2.23	2.86	6.14	4.88	2.86	0.58	0.97	0.71
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for Shinhan Financial Group are available.

Frequently Asked Questions About Shinhan Financial Group's Financials

When does Shinhan Financial Group's fiscal year end?

According to the most recent income statement we have on file, Shinhan Financial Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Shinhan Financial Group's net income changed over the last 9 years?

Shinhan Financial Group's net income appears to be on an upward trend, with a most recent value of $11.35 billion in 2024, rising from $7.00 billion in 2015. The previous period was $16.85 billion in 2023.

How has Shinhan Financial Group's revenue changed over the last 9 years?

Over the last 9 years, Shinhan Financial Group's total revenue changed from $11.80 billion in 2015 to $7.63 billion in 2024, a change of -35.4%.

How much debt does Shinhan Financial Group have?

Shinhan Financial Group's total liabilities were at $460.76 billion at the end of 2024, a 6.4% decrease from 2023, and a 52.4% increase since 2016.

How much cash does Shinhan Financial Group have?

In the past 8 years, Shinhan Financial Group's cash and equivalents has ranged from $15.59 billion in 2018 to $30.76 billion in 2020, and is currently $27.42 billion as of their latest financial filing in 2024.

How has Shinhan Financial Group's book value per share changed over the last 9 years?

Over the last 9 years, Shinhan Financial Group's book value per share changed from 0.00 in 2015 to 68.97 in 2024, a change of 6,896.5%.

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This page (NYSE:SHG) was last updated on 7/10/2025 by MarketBeat.com Staff

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Shinhan Financial Group (SHG) Financials

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Shinhan Financial Group (SHG) Financials

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