SHG
Shinhan Financial Group Co Ltd
NYSE: SHG · FINANCIAL SERVICES · BANKS - REGIONAL
$66.61
-0.43% today
Updated 2026-04-29
Market cap
$33.19B
P/E ratio
10.02
P/S ratio
0.00x
EPS (TTM)
$6.65
Dividend yield
2.70%
52W range
$35 – $73
Volume
0.3M
Shinhan Financial Group Co Ltd (SHG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.54T | $9.91T | $10.35T | $10.92T | $11.41T | $9.83T | $12.61T | $12.40T | $12.85T | $13.40T | $13.49T | $14.60T | $15.89T | $26.50T | $25.72T | $25.75T | $24.56T | $33.80T | $35.38T | $39.77T |
| Revenue growth (YoY) | — | +31.5% | +4.4% | +5.5% | +4.5% | -13.8% | +28.3% | -1.7% | +3.6% | +4.3% | +0.7% | +8.2% | +8.9% | +66.8% | -2.9% | +0.1% | -4.6% | +37.6% | +4.7% | +12.4% |
| Cost of revenue | $5.76B | $8.13B | $7.76B | $7.68B | $15.20T | $572.00M | $7.71B | $-4.64T | $5.21M | $444000.00 | $798000.00 | $0.00 | $0.00 | $6.94T | $6.25T | $4.92T | $10.78T | $18.92T | $19.80T | $18.56T |
| Gross profit | $7.54T | $9.91T | $10.35T | $10.92T | $11.98T | $9.83T | $12.61T | $7.76T | $12.85T | $13.40T | $13.49T | $14.60T | $15.89T | $19.56T | $19.47T | $20.84T | $13.78T | $14.88T | $15.57T | $21.21T |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 105.0% | 100.0% | 100.0% | 62.6% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 73.8% | 75.7% | 80.9% | 56.1% | 44.0% | 44.0% | 53.3% |
| R&D | — | — | — | — | — | — | $12.45B | $12.73B | $11.87B | $13.44B | $14.07B | $14.09B | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $1.71T | $2.06T | $3.97T | $5.85T | $7.77T | $4.14T | $8.05T | $8.11T | $8.35T | $8.62T | $8.79T | $9.18T | $8.89T | $12.14T | $12.04T | $11.86T | $4.43T | $4.60T | $4.69T | $4.89T |
| Operating income | $2.03B | $3.69B | $2.18T | $8.93T | $3.09T | $10.72T | $9.94T | $8.51T | $8.02T | $7.50T | $7.15T | $4.49T | $9.42T | $4.91T | $4.75T | $5.58T | $6.37T | $5.96T | $6.03T | $7.12T |
| Operating margin | 0.0% | 0.0% | 21.0% | 81.8% | 27.1% | 109.1% | 78.9% | 68.6% | 62.4% | 55.9% | 53.0% | 30.8% | 59.3% | 18.5% | 18.5% | 21.7% | 25.9% | 17.6% | 17.0% | 17.9% |
| EBITDA | $0.00 | $10.79T | $12.26T | $9.77T | $10.88T | $11.01T | $10.24T | $8.83T | $8.33T | $7.78T | $7.41T | $7.97T | $9.72T | $5.59T | $5.52T | $6.49T | $7.37T | $7.15T | $7.31T | $7.54T |
| EBITDA margin | 0.0% | 108.8% | 118.5% | 89.5% | 95.3% | 112.0% | 81.2% | 71.2% | 64.9% | 58.0% | 54.9% | 54.6% | 61.2% | 21.1% | 21.5% | 25.2% | 30.0% | 21.2% | 20.7% | 19.0% |
| EBIT | $-515.86B | $9.97T | $11.13T | $8.93T | $10.10T | $10.72T | $9.94T | $8.51T | $8.02T | $7.50T | $7.15T | $7.72T | $9.42T | $4.91T | $4.75T | $5.58T | $6.37T | $5.96T | $6.03T | $6.54T |
| Interest expense | $4.69T | $6.98T | $8.95T | $7.38T | $6.48T | $6.70T | $6.88T | $5.99T | $5.27T | $4.44T | $4.03T | $3.96T | $4.99T | $5.97T | $4.89T | $3.95T | $9.50T | $16.76T | $17.81T | $16.52T |
| Income tax | $588.99B | $1.06T | $694.93B | $424.03B | $570.38B | $919.93B | $738.94B | $622.57B | $667.97B | $694.62B | $345.55B | $848.13B | $1.27T | $1.27T | $1.26T | $1.47T | $1.61T | $1.49T | $1.47T | $1.87T |
| Effective tax rate | 29.6% | 35.4% | 31.9% | 27.2% | 19.4% | 22.3% | 24.1% | 24.7% | 24.3% | 22.7% | 11.1% | 22.5% | 28.7% | 27.2% | 26.9% | 26.8% | 25.7% | 25.4% | 24.8% | 27.1% |
| Net income | $1.40T | $1.93T | $1.48T | $1.13T | $2.37T | $3.21T | $2.32T | $1.90T | $2.08T | $2.37T | $2.77T | $2.92T | $3.16T | $3.40T | $3.41T | $4.02T | $4.67T | $4.37T | $4.45T | $5.04T |
| Net income growth (YoY) | — | +37.7% | -23.3% | -23.4% | +109.1% | +35.6% | -27.7% | -18.1% | +9.4% | +13.7% | +17.2% | +5.2% | +8.2% | +7.8% | +0.3% | +17.7% | +16.1% | -6.4% | +1.9% | +13.2% |
| Profit margin | 18.6% | 19.5% | 14.3% | 10.4% | 20.8% | 32.7% | 18.4% | 15.3% | 16.2% | 17.7% | 20.6% | 20.0% | 19.9% | 12.8% | 13.3% | 15.6% | 19.0% | 12.9% | 12.6% | 12.7% |