SHINHAN FINANCIAL GROUP CO LTD's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters.
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Dividends from banking subsidiaries | $1.7T | $1.2T | $1.2T | $902.4B |
| Dividends from non-banking subsidiaries | $958.7B | $827.1B | $626.4B | $568.5B |
| Interest income from banking subsidiaries | $613.0M | $424.0M | $512.0M | $236.0M |
| Interest income from non-banking subsidiaries | $83.6B | $95.2B | $93.0B | $87.2B |
| Other income | $0 | $22.0M | $284.1B | $252.0B |
| Total income | $64.7T | $74.1T | $1.6T | $1.4T |
| Interest expense | ($16.3T) | ($17.8T) | ($16.8T) | ($7.6T) |
| Other expense | ($262.2B) | ($591.1B) | ($177.5B) | ($367.0B) |
| Total expenses | ($598.0B) | ($925.9B) | ($464.1B) | ($589.4B) |
| Profit before income taxes | $6.9T | $6.0T | $6.0T | $6.3T |
| Income tax expense (benefit) | $1.8T | $1.5T | $1.5T | $1.6T |
| Profit for the year | $5.1T | $4.6T | $4.5T | $4.7T |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from banks at amortized cost (Notes 5,9,13 and 20) | $39.7T | $40.5T | $34.6T | $29.5T |
| Financial assets at fair value through profit or loss (Notes 5, 10 and 20) | $78.1T | $72.1T | $71.2T | $56.6T |
| Derivative assets (Notes 5 and 11) | $7.2T | $10.3T | $4.7T | $6.5T |
| Securities at fair value through other comprehensive income (Notes 5, 12 and 20) | $103.2T | $93.8T | $90.3T | $63.7T |
| Securities at amortized cost (Notes 5, 12 and 20) | $31.9T | $33.3T | $35.7T | $58.0T |
| Loans at amortized cost (Notes 5, 13 and 20) | $464.8T | $449.3T | $411.7T | $412.3T |
| Property and equipment (Notes 14, 19, and 20) | $4.2T | $4.2T | $4.0T | $4.0T |
| Intangible assets (Notes 15) | $5.9T | $6.1T | $6.2T | $5.8T |
| Investments in associates (Notes 16) | $2.6T | $2.8T | $2.7T | $2.9T |
| Current tax assets | $68.6B | $54.7B | $30.6B | $26.3B |
| Deferred tax assets (Notes 46) | $209.7B | $205.5B | $153.7B | $1.1T |
| Investment property (Notes 17) | $611.6B | $327.7B | $257.8B | $363.1B |
| Net defined benefit assets (Notes 27) | $353.1B | $155.7B | $114.4B | $619.7B |
| Insurance contract assets (Notes 29) | $760.0M | $5.6B | $10.7B | — |
| Reinsurance contract assets (Notes 29) | $603.4B | $184.8B | $88.4B | — |
| Other assets (Notes 5, 13, 18 and 20) | $46.5T | $26.4T | $29.9T | $34.5T |
| Assets held for sale | $71.2B | $29.6B | $36.4B | $29.2B |
| Total assets | $786.0T | $739.8T | $691.8T | $675.9T |
| Deposits (Notes 5 and 22) | $447.6T | $422.8T | — | — |
| Financial liabilities at fair value through profit or loss (Notes 5 and 23) | $2.3T | $954.9B | $1.9T | $1.1T |
| Financial liabilities designated at fair value through profit or loss (Notes 5 and 24) | $6.4T | $8.2T | $7.8T | $8.4T |
| Derivative liabilities (Notes 5 and 11) | $7.0T | $10.1T | $5.0T | $7.7T |
| Borrowings (Notes 5 and 25) | $55.4T | $49.9T | $56.9T | $49.3T |
| Debt securities issued (Notes 5 and 26) | $93.0T | $93.8T | $81.6T | $77.3T |
| Net defined benefit liabilities (Notes 27) | $17.8B | $39.0B | $67.6B | $14.7B |
| Provisions (Notes 28) | $1.4T | $1.3T | $1.4T | $1.3T |
| Current tax liabilities | $763.4B | $203.1B | $92.3B | $702.1B |
| Deferred tax liabilities (Notes 46) | $446.8B | $423.8B | $542.6B | $170.0B |
| Insurance contract liabilities (Notes 29) | $50.5T | $51.1T | $48.3T | — |
| Reinsurance contract liabilities (Notes 29) | $56.4B | $98.1B | $93.2B | — |
| Investment contract liabilities (Notes 5 and 31) | $1.5T | $1.2T | $1.6T | — |
| Other liabilities (Notes 5 and 32) | $59.2T | $40.9T | $48.7T | $41.5T |
| Liabilities held for sale (Notes 21) | $1.5B | — | — | — |
| Total liabilities | $725.6T | $680.9T | $635.5T | $624.8T |
| Capital stock | $3.0T | $3.0T | $3.0T | $3.0T |
| Hybrid bonds | $4.7T | $4.6T | $4.0T | $4.2T |
| Capital surplus | $12.1T | $12.1T | $12.1T | $12.1T |
| Capital adjustments | ($1.2T) | ($807.1B) | ($658.7B) | ($582.9B) |
| Accumulated other comprehensive loss | ($2.5T) | ($1.8T) | ($1.1T) | ($3.6T) |
| Retained earnings | $41.8T | $39.0T | $36.4T | $33.3T |
| Total equity attributable to equity holders of Shinhan Financial Group Co., Ltd. | $58.0T | $56.1T | $53.7T | $48.4T |
| Non-controlling interests | $2.4T | $2.8T | $2.6T | $2.7T |
| Total equity | $60.4T | $58.8T | $56.3T | $51.1T |
| Total liabilities and equity | $786.0T | $739.8T | $691.8T | $675.9T |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Profit for the year | $5.1T | $4.6T | $4.5T | — |
| Interest income (Note 36) | ($28.0T) | ($29.2T) | ($27.6T) | ($20.1T) |
| Interest expense (Note 36) | $16.3T | $17.8T | $16.8T | $7.6T |
| Dividend income (Note 38) | ($209.7B) | ($239.1B) | ($181.5B) | ($142.5B) |
| Income tax expense (Note 46) | $1.8T | $1.5T | $1.5T | — |
| Net fees and commission expense (Note 37) | $378.3B | $330.9B | $307.5B | $126.7B |
| Net insurance income (Note 29) | ($1.1T) | ($983.2B) | ($1.1T) | $404.3B |
| Net insurance finance expense (Note 30) | $1.2T | $99.4B | $516.1B | — |
| Net gain on financial instruments at fair value through profit or loss (Note 39) | ($846.0B) | ($678.7B) | ($1.2T) | $541.8B |
| Net gain on derivatives (Note 11) | ($510.5B) | ($82.2B) | ($292.5B) | $719.8B |
| Net loss (gain) on foreign currency translation | ($284.8B) | ($107.3B) | $4.4B | $68.9B |
| Net loss (gain) on financial instruments designated at fair value through profit or loss (Note 40) | ($43.4B) | $35.6B | ($54.3B) | ($806.7B) |
| Net loss (gain) on disposal of securities at fair value through other comprehensive income (Note 12) | ($193.6B) | ($60.3B) | $129.6B | $127.4B |
| Provision for allowance for credit loss (Notes 41) | $2.0T | $2.0T | $2.2T | $1.3T |
| Net loss (gain) on disposal of securities at amortized cost (Note 12) | $56.0M | $23.2B | ($251.0M) | $101.0M |
| Employee benefit (Note 27) | $238.8B | $157.7B | — | — |
| Depreciation and other amortization (Note 42) | $1.3T | $1.3T | $1.2T | $1.1T |
| Other operating expense (Note 44) | $815.2B | $687.4B | $859.1B | $427.4B |
| Equity method loss (income), net (Note 16) | ($221.2B) | $23.8B | ($125.1B) | ($121.7B) |
| Other non-operating expense (Note 45) | $265.4B | $323.6B | $200.4B | ($437.2B) |
| Sub-total | ($7.0T) | ($7.1T) | ($6.7T) | ($9.3T) |
| Due from banks at amortized cost | $731.1B | ($408.3B) | $1.3T | ($1.1T) |
| Securities at fair value through profit or loss | ($2.9T) | ($159.6B) | ($7.4T) | $5.5T |
| Deposits at fair value through profit or loss | $1.1B | ($5.4B) | $0 | $0 |
| Loans at fair value through profit or loss | $380.8B | ($138.0B) | $621.0B | ($721.7B) |
| Financial instruments designated at fair value through profit or loss | ($1.9T) | $379.4B | ($726.5B) | $1.1T |
| Derivative instruments | $378.3B | ($83.3B) | ($336.8B) | $726.2B |
| Loans at amortized cost | ($17.1T) | ($35.0T) | ($5.7T) | ($24.1T) |
| Insurance contract assets | $4.9B | $5.0B | ($10.4B) | — |
| Reinsurance contract assets | ($418.7B) | ($96.4B) | ($4.3B) | — |
| Other assets | ($20.9T) | $2.0T | ($6.4T) | $152.7B |
| Deposits | $24.1T | $38.9T | ($1.4T) | $18.3T |
| Net defined benefit liabilities | ($413.1B) | ($246.3B) | $7.3B | ($341.7B) |
| Provisions | ($169.3B) | ($505.5B) | ($424.5B) | ($59.4B) |
| Insurance contract liabilities | ($409.8B) | ($916.1B) | ($1.2T) | — |
| Reinsurance contract liabilities | ($226.2B) | $936.0M | ($31.3B) | — |
| Investment contract liabilities | $332.2B | ($467.7B) | ($671.2B) | — |
| Other liabilities | $18.7T | ($8.6T) | $13.5T | $211.7B |
| Sub-total | $259.2B | ($5.3T) | ($8.8T) | ($256.4B) |
| Income taxes paid | ($1.1T) | ($1.0T) | ($1.9T) | ($1.7T) |
| Interest received | $27.0T | $28.5T | $26.4T | $19.2T |
| Interest paid | ($14.7T) | ($15.2T) | ($13.1T) | ($6.8T) |
| Dividends received | $198.0B | $222.9B | $186.9B | $89.0B |
| Net cash inflow from operating activities | $9.7T | $4.6T | $529.8B | $7.6T |
| Proceeds from disposal of financial instruments at fair value through profit or loss | $4.6T | $5.8T | $3.8T | $5.2T |
SHINHAN FINANCIAL GROUP CO LTD score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.