Shinhan Financial Group Co Ltd
Shinhan Financial Group Co Ltd (SHG) is listed on NYSE and classified in Banks - Regional, part of the Financial Services sector. It is headquartered in Seoul, South Korea and has 184 employees. The company is worth $33.11B and trades at 9.3x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was ₩18.39T in fiscal 2025, up 4.7% from the year before. Net income was ₩4.97T. The share price is 17.8% below its 52-week high of $85.57. It pays a dividend yielding 2.84%. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Israel Englander (Millennium Management), at $12.96M. In that quarter, 1 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Revenue, debt and profit are in KRW, the currency the company reports in — not converted to dollars. Dividends are in dollars.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +141.3% over 5Y.
today you would have $2,616.44▲ +161.6%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $53.63 | $32.88 | $30.78 | $27.93 | |
| EPS | ₩9,812.00 | ₩8,441.00 | ₩8,048.00 | ₩9,123.81 | |
| Dividend yield | 4.70% | 2.24% | 5.95% | 3.87% | 5.54% |
| Profit margin | 26.29% | 27.03% | 25.33% | 25.55% | 30.96% |
| ROE | 8.35% | 8.58% | 7.94% |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 2.8% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| RKTRocket Companies, Inc. | $11.74 | — | 1.4x | 0.00% | 3.03% | $33.24B |
| MTBM&t Bank Corp | $222.83 | 11.6x | 1.3x | 2.69% | 10.60% | $32.18B |
| CBOECboe Global Markets, Inc. | $327.72 | 25.5x | 6.1x | 1.05% | 26.30% | $34.22B |
| HBANHuntington Bancshares Inc | $15.66 |
| 8.13% |
| 9.20% |
This company reports in KRW, and the stock trades in dollars. P/E, P/S, P/B and payout would divide dollars by KRW, so they are not shown; EPS is in KRW. Margin, ROE and dividend yield do not depend on the currency.
Median of the years shown; P/E years above 200x are left out.
Dividend growing 4.0% a year against a 7.3% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
4 methods answered, across 2 families.
Room for errors in the reported numbers.
-14.7% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 12.0x |
| 1.1x |
| 3.96% |
| 9.00% |
| $31.64B |
| ACGLArch Capital Group Ltd | $102.69 | 7.8x | 1.5x | 0.00% | 19.94% | $35.04B |
| WTWWillis Towers Watson PLC | $332.18 | 19.7x | 4.0x | 1.16% | 19.76% | $30.85B |