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NYSE:SHG

Shinhan Financial Group (SHG) Stock Price, News & Analysis

$42.06
-0.39 (-0.92%)
(As of 09/3/2024 ET)
Today's Range
$41.93
$42.52
50-Day Range
$34.14
$45.71
52-Week Range
$25.09
$46.05
Volume
80,472 shs
Average Volume
123,912 shs
Market Capitalization
$21.42 billion
P/E Ratio
6.93
Dividend Yield
2.90%
Price Target
N/A

Shinhan Financial Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
0.10% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.15mentions of Shinhan Financial Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.54%
From $6.22 to $7.00 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.55 out of 5 stars

Finance Sector

347th out of 890 stocks

National Commercial Banks Industry

42nd out of 88 stocks

SHG stock logo

About Shinhan Financial Group Stock (NYSE:SHG)

Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastructure and structured financing, equity/venture investments, mergers and acquisitions consulting; securitization and derivatives services comprising securities and derivative products, and foreign exchange trading; business expansion financing and consulting services; and working capital loans and facilities loans. In addition, it is involved in treasury and investment activities in international capital markets consisting of foreign currency-denominated securities trading, foreign exchange trading and services, trade-related financial services, international factoring services, and foreign banking operations. Further, the company offers real estate trust, investment advisory, venture business investment, life and non-life insurance, trust account management, securities brokerage, and asset management services, as well as leasing and equipment financing, savings banking, loan collection and credit reporting, collective investment administration, private equity investment, and financial system development services. Additionally, it provides transaction history inquiries and fund transfers, opening letters of credit, trade finance, payment and collection management, sales and acquisition settlement, business-to-business settlement, sweeping, pooling, ERP interface, host-to-host banking, SWIFT SCORE, and cash and liquidity management service. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.

SHG Stock Price History

SHG Stock News Headlines

Shinhan Financial Group (NYSE:SHG) Shares Down 2.5%
Shinhan Financial Group (NYSE:SHG) Shares Gap Down to $45.71
My grim warning about AI stocks
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
Shinhan Financial Group Co., Ltd. (055550.KS)
My grim warning about AI stocks
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
SHG Shinhan Financial Group Co., Ltd.
SHG Sep 2024 25.000 put
Shinhan Financial Group Co Ltd's Dividend Analysis
Shinhan Financial Group Co. Ltd. ADR
See More Headlines
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Company Calendar

Last Earnings
7/26/2024
Today
9/03/2024
Next Earnings (Estimated)
10/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Banking
Employees
190
Year Founded
1982

Profitability

Net Income
$3.49 billion
Pretax Margin
18.05%

Debt

Sales & Book Value

Annual Sales
$19.51 trillion
Cash Flow
$8.36 per share
Book Value
$79.16 per share

Miscellaneous

Free Float
504,299,000
Market Cap
$21.59 billion
Optionable
Optionable
Beta
0.93
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Key Executives

  • Mr. Ok-Dong Jin (Age 63)
    CEO & Executive Director
    Comp: $481.07k
  • Mr. Sang-Hyuk Jung (Age 60)
    Deputy President, CFO & Director
  • Mr. Een-kyoon Lee (Age 57)
    Deputy President & COO
  • Mr. Tae Youn Kim (Age 56)
    Executive Director, Head of Global & New Business Division and Head of Accounting Division
  • Mr. Keun Soo Jung (Age 58)
    Deputy President and Head of Group & Global Investment Banking Group
  • Cheol Woo Park
    Head of Investor Relations
  • Mr. Ho-Min Wang (Age 60)
    Deputy President & Chief Compliance Officer
  • Mr. Jun Sik Ahn (Age 59)
    Deputy President & Chief Public Relations Officer
  • Mr. Jung Kee Min (Age 65)
    Chief of Asset Management Unit
  • Mr. Young-Taeg Heo (Age 63)
    Deputy President & Chief Management Officer

SHG Stock Analysis - Frequently Asked Questions

How have SHG shares performed this year?

Shinhan Financial Group's stock was trading at $30.78 at the beginning of 2024. Since then, SHG shares have increased by 36.6% and is now trading at $42.06.
View the best growth stocks for 2024 here
.

How were Shinhan Financial Group's earnings last quarter?

Shinhan Financial Group Co., Ltd. (NYSE:SHG) released its quarterly earnings results on Friday, July, 26th. The bank reported $1.97 earnings per share for the quarter, beating analysts' consensus estimates of $1.78 by $0.19. The bank had revenue of $3.25 billion for the quarter. Shinhan Financial Group had a net margin of 12.23% and a trailing twelve-month return on equity of 7.16%.

Who are Shinhan Financial Group's major shareholders?

Shinhan Financial Group's top institutional investors include Dimensional Fund Advisors LP (0.31%), Pzena Investment Management LLC (0.21%), American Century Companies Inc. (0.13%) and Brandes Investment Partners LP (0.10%).

How do I buy shares of Shinhan Financial Group?

Shares of SHG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Shinhan Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Shinhan Financial Group investors own include Energy Transfer (ET), Pfizer (PFE), AT&T (T), Verizon Communications (VZ), Exxon Mobil (XOM), Carnival Co. & (CCL) and Coty (COTY).

This page (NYSE:SHG) was last updated on 9/3/2024 by MarketBeat.com Staff

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