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Shinhan Financial Group Co Ltd (SHG) financials

For fiscal 2025 (ended Dec 31, 2025), Shinhan Financial Group Co Ltd reported ₩64.68T of revenue and ₩4.97T of net income. Figures are in KRW, the currency of its SEC filings.

Revenue, FY2025
₩64.68T
Revenue growth, YoY
-12.7%
Net income, FY2025
₩4.97T
Net income growth, YoY
+11.7%
Net margin
7.7%
Free cash flow, FY2025
₩9.47T
EPS, diluted, FY2025
₩9812.00
EPS growth, YoY
+16.2%
Cash
₩35.30T
Total debt
₩55.39T
Annual revenue₩64.68T
FY2016FY2025
Annual net income₩4.97T
FY2016FY2025
Annual free cash flow₩9.47T
FY2016FY2025

SHG revenue and earnings growth

SHG revenueFY2025₩64.68T

FY YoY
-12.7%
5Y CAGR
+39.5%
10Y CAGR
+22.8%

SHG revenue was ₩64.68T for fiscal 2025 (ended Dec 31, 2025), down 12.7% from fiscal 2024. Compound annual growth was +39.5% over 5 years and +22.8% over 10 years. It rose in 9 of the last 10 fiscal years.

SHG net incomeFY2025₩4.97T

FY YoY
+11.7%
5Y CAGR
+7.8%
10Y CAGR
+7.7%

SHG net income was ₩4.97T for fiscal 2025 (ended Dec 31, 2025), up 11.7% from fiscal 2024. Compound annual growth was +7.8% over 5 years and +7.7% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

SHG EPSFY2025₩9812.00

FY YoY
+16.2%
5Y CAGR
+8.1%

SHG diluted EPS was ₩9812.00 for fiscal 2025 (ended Dec 31, 2025), up 16.2% from fiscal 2024. Compound annual growth was +8.1% over 5 years.

SHG free cash flowFY2025₩9.47T

FY YoY
+117.1%
10Y CAGR
+12.8%

SHG free cash flow was ₩9.47T for fiscal 2025 (ended Dec 31, 2025), up 117.1% from fiscal 2024. Compound annual growth was +12.8% over 10 years. It rose in 3 of the last 4 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue₩64.68T₩74.06T₩61.33T₩58.82T₩13.44T₩12.27T₩11.88T₩10.52T₩9.55T₩8.77T
Research and development₩27.34B₩23.92B₩21.49B₩20.70B₩25.32B₩20.27B₩17.74B₩13.93B₩14.09B₩14.07B
Selling, general and admin₩6.40T₩6.12T₩5.90T₩5.64T₩5.74T₩5.21T₩5.13T₩4.74T₩4.81T₩4.51T
Operating income₩7.02T₩6.46T₩6.10T₩5.91T₩5.95T₩4.93T₩5.05T₩4.50T₩3.83T₩3.11T
Interest expense₩16.29T₩17.81T₩16.76T₩9.50T₩3.95T₩4.89T₩5.97T₩4.99T₩3.96T₩4.03T
Pre-tax income₩6.93T₩6.03T₩5.96T₩6.37T₩5.58T₩4.75T₩4.91T₩4.47T₩3.80T₩3.17T
Income tax₩1.84T₩1.47T₩1.49T₩1.61T₩1.47T₩1.26T₩1.27T₩1.27T₩848.40B₩345.55B
Net income₩4.97T₩4.45T₩4.37T₩4.67T₩4.02T₩3.41T₩3.40T₩3.16T₩2.92T₩2.77T
EPS, basic₩9812.00₩8441.00₩8048.00₩8498.00₩7308.00₩6654.00₩7000.00₩6579.00--
EPS, diluted₩9812.00₩8441.00₩8048.00₩8498.00₩7308.00₩6654.00₩7000.00₩6579.00--
Diluted shares486.5M506.2M519.2M530.6M534.0M500.3M477.3M473.6M474.2M474.2M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents₩35.30T₩35.25T₩30.42T₩24.41T₩24.59T₩26.86T₩23.09T₩8.18T₩6.24T₩5.63T
Goodwill₩4.66T₩4.67T₩4.68T₩4.68T₩4.67T₩4.69T₩4.69T₩3.90T₩3.90T₩3.87T
Total assets₩786.01T₩739.76T₩691.80T₩664.43T₩648.15T₩605.23T₩552.42T₩459.60T₩426.31T₩395.68T
Total debt₩55.39T₩49.92T₩56.90T₩49.28T₩43.17T₩41.59T₩34.86T₩29.82T₩27.59T₩25.29T
Total liabilities₩725.64T₩680.94T₩635.47T₩611.01T₩598.61T₩558.88T₩510.49T₩422.95T₩392.60T₩363.94T
Shareholders' equity₩57.96T₩56.05T₩56.32T₩53.42T₩49.54T₩46.36T₩41.93T₩36.65T₩33.70T₩31.74T

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow₩9.73T₩4.63T₩529.85B₩7.19T₩4.20T-₩1.04T₩7.18T-₩6.32T₩1.02T₩3.80T
Capital expenditures₩258.66B₩263.84B₩261.44B₩326.55B₩334.87B₩279.65B₩270.39B₩142.93B₩155.19B₩252.08B
Free cash flow₩9.47T₩4.36T₩268.40B₩6.86T₩3.87T-₩1.32T₩6.91T-₩6.46T₩866.15B₩3.55T
Investing cash flow-₩10.90T₩148.53B-₩4.27T-₩10.70T-₩12.03T-₩3.03T-₩22.69T-₩5.51T-₩10.70T-₩7.59T
Financing cash flow₩1.25T-₩182.65B₩9.76T₩3.39T₩4.96T₩7.88T₩15.88T₩13.81T₩10.33T₩4.84T
Dividends paid₩1.29T₩1.27T₩1.46T₩1.54T₩1.22T₩968.85B₩830.77B₩714.71B₩706.57B₩669.10B
Share repurchases₩1.25T₩700.00B₩485.95B₩300.00B₩79.00M₩150.18B₩444.08B₩151.99B₩0-
Depreciation and amortization₩1.30T₩1.28T₩1.19T₩999.68B₩902.69B₩768.49B₩677.15B₩301.92B₩253.34B₩259.94B

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY-12.7%20.8%4.3%337.5%9.6%3.3%12.9%10.1%8.9%5.5%
Net income growth, YoY11.7%1.9%-6.4%16.1%17.7%0.3%7.8%8.2%5.2%17.2%
EPS growth, YoY16.2%4.9%-5.3%16.3%9.8%-4.9%6.4%---
Operating margin10.9%8.7%9.9%10.0%44.3%40.2%42.5%42.8%40.1%35.4%
Net margin7.7%6.0%7.1%7.9%29.9%27.8%28.7%30.0%30.6%31.6%
Free cash flow margin14.6%5.9%0.4%11.7%28.7%-10.7%58.2%-61.4%9.1%40.4%
Return on equity8.6%7.9%7.8%8.7%8.1%7.4%8.1%8.6%8.7%8.7%
Return on assets0.6%0.6%0.6%0.7%0.6%0.6%0.6%0.7%0.7%0.7%
Debt to equity0.960.891.010.920.870.900.830.810.820.80

Source: XBRL data Shinhan Financial Group Co Ltd files with the SEC, latest filing dated Apr 22, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

SHG peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SHG₩64.68T-12.7%₩4.97T7.7%$30.46B
JPM$203.15B+13.2%$65.98B32.5%$908.43B
BAC$120.16B+5.4%$32.24B26.8%$348.81B
WFC$87.23B+5.4%$22.97B26.3%$256.63B
C$85.22B+5.6%$14.31B16.8%$201.89B
UBS$49.57B+2.0%$7.80B15.7%$151.93B
MFG¥8.79T+7.6%¥1.16T13.2%$122.19B
COF$63.01B+31.2%$10.87B17.2%$119.45B
BNSC$37.74B+12.1%C$7.79B20.6%$114.51B

SHG FAQ

8 questions
  • What is SHG revenue?
    Shinhan Financial Group Co Ltd (SHG) reported ₩64.68T of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 12.7% from the year before.
  • Is SHG profitable?
    Yes. Shinhan Financial Group Co Ltd earned ₩4.97T in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 7.7%.
  • How much cash and debt does SHG have?
    Shinhan Financial Group Co Ltd reported ₩35.30T in cash and cash equivalents and ₩55.39T of debt on its most recent balance sheet in SEC filings.
  • How fast is SHG revenue growing?
    Shinhan Financial Group Co Ltd's revenue changed -12.7% in fiscal 2025, to ₩64.68T. Its compound annual growth rate was +39.5% over 5 years and +22.8% over 10 years.
  • What is SHG free cash flow?
    Shinhan Financial Group Co Ltd generated ₩9.47T of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of ₩9.73T less capital expenditures.
  • What is SHG earnings per share?
    Diluted earnings per share were ₩9812.00 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did SHG last report financial results?
    The latest statements here come from Shinhan Financial Group Co Ltd's 20-F filed on Apr 22, 2026, covering the period ended Dec 31, 2025.
  • Where does this SHG financial data come from?
    Quantisnow builds these statements from the structured XBRL data Shinhan Financial Group Co Ltd files with the SEC. It is provided for information only and is not investment advice.