Shinhan Financial Group Co. (SHG) Financial Statements & Analysis

Shinhan Financial Group Co. (SHG) Income Statement

Shinhan Financial Group Co. reported revenue of KRW 18.39T in fiscal 2025 (fiscal year ended Dec 31, 2025), up 4.7% from KRW 17.57T a year earlier. Net income was KRW 4.97T, up 11.7% year over year, a net margin of 27.0%. Gross margin was 89.4% and operating margin 37.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was KRW 10.28T, up 117.6% from the same quarter a year earlier.

Shinhan Financial Group Co. Income Statement Analysis

Values in trillions KRW

Income Statement Balance Sheet Cash Flow Ratios

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Shinhan Financial Group Co., Ltd. income statement - Annual data in trillions KRW
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	18.39	17.57	33.80	15.07	23.83	25.72	26.50	15.89	14.60
Cost of Revenue	18.24	19.80	18.92	10.78	4.92	6.25	6.94	0.00	0.00
Gross Profit	16.45	15.57	14.88	13.78	20.84	19.47	19.56	15.89	14.60
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Selling, General & Administrative	5.21	5.01	4.89	4.77	5.74	12.24	12.41	9.18	9.45
Operating Expenses	9.52	9.55	8.91	7.42	15.25	14.72	14.65	9.20	9.41
Operating Income	6.93	6.03	5.96	6.37	5.58	4.75	4.91	9.42	4.49
Other Income/Expense
Interest Income	27.99	29.21	27.58	20.09	14.72	14.77	15.71	13.57	11.80
Interest Expense	16.29	17.81	16.76	9.50	3.95	4.89	5.97	4.99	3.96
Other Income/Expense	-0.30	-0.35	0.00	-0.21	0.00	0.00	0.00	-1.05	-0.69
Income
Income Before Tax	6.93	6.03	5.96	6.37	5.58	4.75	4.91	4.47	3.80
Income Tax Expense	1.84	1.47	1.49	1.61	1.47	1.26	1.27	1.27	0.85
Net Income	4.97	4.45	4.37	4.67	4.02	3.41	3.40	3.16	2.92
Net Income - Continuous Operations	5.08	4.56	4.37	4.76	4.02	3.41	3.40	3.16	2.92
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	8.22	7.31	7.15	7.37	6.49	5.52	5.59	0.00	0.00
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	1.31	1.30	1.19	1.02	0.90	0.77	0.68	0.32	0.27
Earnings Per Share
Basic EPS	9812.00	8441.00	8048.00	9124.00	7308.00	6654.00	7000.00	6665.00	6118.00
Diluted EPS	9812.00	8441.00	8048.00	9124.00	7308.00	6654.00	7000.00	6665.00	6118.00
Basic Shares Outstanding	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Diluted Shares Outstanding	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Shinhan Financial Group Co. Financial Statements

What was Shinhan Financial Group Co.'s revenue in fiscal 2025?

Shinhan Financial Group Co. reported revenue of KRW 18.39T in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 4.7% from KRW 17.57T a year earlier.

Is Shinhan Financial Group Co. profitable?

Yes. Shinhan Financial Group Co. earned net income of KRW 4.97T in fiscal 2025, a net margin of 27.0%. In fiscal 2024 it earned KRW 4.45T.

What is Shinhan Financial Group Co.'s operating margin?

Shinhan Financial Group Co.'s operating income was KRW 6.93T on revenue of KRW 18.39T in fiscal 2025, an operating margin of 37.7%, compared with 34.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition