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SHG
Shinhan Financial Group Co., Ltd.
$64.74
-0.85
(-1.3%)
| Exchange: | NYSE |
| Market Cap: | 30.089B |
| Shares Outstanding: | 267.78M |
Delayed data
About The Company
| Sector: | Financial ServicesView sector performance | |||||
| Industry: | Banks – RegionalView industry performance | |||||
| CEO: | Ok-Dong Jin | |||||
| Full Time Employees: | 189 | |||||
| Address: |
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| Website: | https://www.shinhangroup.com |
Shinhan Financial Group Co., Ltd. is a prominent financial services provider that operates both within South Korea and globally. The company’s diverse activities are organized into six primary divisions: Banking, Credit Card services, Securities, Life Insurance, Credit, and other specialized financial offerings. For individual clients, Shinhan offers a comprehensive suite of retail banking solutions. These include various deposit account types—demand, savings, and fixed—along with checking accounts. The group also provides personal lending options such as mortgages, home equity loans, and other consumer credit. Furthermore, it facilitates electronic banking, ATM access, bill payment, payroll and check processing, foreign currency exchange, and international money transfer services. The corporate banking arm of Shinhan caters to businesses with services like investment banking, financing for real estate (including overseas and development projects), infrastructure and structured finance, equity/venture capital investments, and advisory for mergers and acquisitions. It also handles securitization, offers derivative products, engages in foreign exchange trading, and provides working capital and facilities loans. Shinhan Financial Group is also actively involved in treasury and investment operations within international capital markets. This includes trading foreign currency-denominated securities, providing a range of foreign exchange services, offering trade-related financial support, international factoring, and managing foreign banking operations. Beyond its core banking and investment functions, the company provides numerous other financial provisions. These encompass trust account management, securities brokerage, and professional asset management. Additional services extend to equipment leasing and financing, specialized savings banking, loan collection and credit reporting, administration of collective investment schemes, private equity investments, and the development of advanced financial systems. By the close of 2021, Shinhan maintained an extensive network of 784 service centers, 5,234 automated teller machines (ATMs), 7 cash dispensing units, and 85 digital kiosks to serve its customers. Established in 1982, Shinhan Financial Group Co., Ltd. is based in Seoul, South Korea.
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Revenue Segmentation
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
| SHG | Shinhan Financial Group Co., Ltd. | 30.1B | 7.7 | 7.0 | 1.3% |
 NWG | NatWest Group plc | 31.4B | 7.8 | 5.9 | 0.8% |
 MTB-PJ | M&T Bank Corporation | 32.0B | 11.5 | 1.3 | 1.4% |
 BBD | Banco Bradesco S.A. | 27.9B | 5.2 | 5.4 | 1.0% |
 HBAN | Huntington Bancshares Incorporated | 32.4B | 12.2 | 12.2 | 5.0% |
 MTB | M&T Bank Corporation | 32.5B | 11.5 | 11.6 | 1.4% |
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 33,801,486,000 | 35,375,497,000 | 34,685,185,000 |
| Gross Profit | 14,877,939,000 | 15,574,665,000 | 16,447,014,000 |
| EBITDA | 7,149,966,000 | 7,309,474,000 | 8,224,094,000 |
| Operating Income | 5,964,960,000 | 6,029,092,000 | 6,929,009,000 |
| Net Income | 4,368,035,000 | 4,450,177,000 | 4,971,561,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 691,795,333,000 | 739,764,256,000 | 785,980,746,941 |
| Total Liabilities | 635,473,468,000 | 680,943,223,000 | 730,360,576,661 |
| Total Stockholders Equity | 53,720,537,000 | 56,053,756,000 | 53,207,218,786 |
| Total Debt | 125,994,650,000 | 150,260,354,000 | 154,207,857,856 |
| Cash and Cash Equivalents | 35,631,370,000 | 41,672,295,000 | 21,141,098,420 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 529,846,000 | 4,626,299,000 | 6,458,284,583 |
| Capital Expenditure | -716,238,000 | -778,774,000 | -262,166,169 |
| Free Cash Flow | -186,392,000 | 3,847,525,000 | 6,196,118,414 |
| Net Income | 4,368,035,000 | 4,558,170,000 | 4,838,354,750 |
| Net Change in Cash | 6,002,938,000 | 4,830,659,000 | 0 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 18,285,530,431.826 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 18,656,787,260.499 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 18,447,797,237.964 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 10,658,420,295.049 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 10,916,751,063.715 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 10,771,330,025.723 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 7,107,310,853.909 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 7,295,404,129.999 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 7,189,521,584.186 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 4,029,996,662.964 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 4,111,818,942.401 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 4,065,759,075.746 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 14.480 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 14.693 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 14.314 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 3 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 1 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates SHG intrinsic value between $45.93 – $93.50 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about SHG valuation
Is Shinhan Financial Group Co., Ltd. (SHG) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for Shinhan Financial Group Co., Ltd. (SHG) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is SHG a buy, hold, or sell for long-term investors?
MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether SHG trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is SHG’s P/E ratio?
You can see SHG’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for SHG?
MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is SHG a good long-term investment?
Whether SHG fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
SHG
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Daily snapshot
-1.3
Trading Metrics:
| Open: | 65.4 | Previous Close: | 65.59 | |
| Day Low: | 64.56 | Day High: | 65.4 | |
| Year Low: | 51.59 | Year High: | 85.57 | |
| Price Avg 50: | 76.55 | Price Avg 200: | 68.67 | |
| Volume: | 73360 | Average Volume: | 211341 |
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