The bank maintains a stable capital structure with an equity-to-assets ratio of 0.08, while total assets have expanded to 816.7 trillion KRW as of 2026Q1.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 |
|---|
| Cash & Short Term Investments | 456.87T | 27.68T | 135.48T | 126.08T | 116.54T | 119.94T | 92.87T | 88.99T | 56.82T | 65.94T | 58.01T | 57.2T | 53.31T | 51.42T | 51.15T | 50.17T | 11.82T | 7.85T | 4.33T | 5.97T | 2.3T | 3.03T | 2.57T | 2.42T | 407.07B |
| Cash & Due from Banks | 40.8T | 21.14T | 41.67T | 35.77T | 31.07T | 29.05T | 34.56T | 29.61T | 18.5T | 23.83T | 20.35T | 23.24T | 21.89T | 17.83T | 14.87T | 16.06T | 11.82T | 7.85T | 4.33T | 5.97T | 2.3T | 3.03T | 2.57T | 2.42T | 407.07B |
| Short Term Investments | 104.19T | 6.54T | 93.81T | 90.31T | 85.47T | 90.89T | 58.32T | 59.38T | 38.31T | 42.12T | 37.66T | 33.97T | 31.42T | 33.6T | 36.28T | 34.11T | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 702.63T | 706.96T | 665.41T | 616.26T | 597.64T | 576.79T | 529.26T | 485.68T | 412.41T | 350.29T | 323.26T | 302.24T | 271.07T | 256T | 253.3T | 242.96T | 229.96T | 40.41T | 38.44T | 170.61T | 139.29T | 128.51T | 112.14T | 28.29T | 57.86T |
| Investments Growth % | 17.62% | 6.24% | 7.98% | 3.12% | 3.62% | 8.98% | 8.97% | 17.77% | 17.73% | 8.36% | 6.96% | 11.5% | 5.88% | 1.07% | 4.26% | 5.65% | 469.14% | 5.11% | -77.47% | 22.48% | 8.38% | 14.6% | 296.37% | -51.1% | - |
| Long-Term Investments | 2432.85T | 700.43T | 571.61T | 525.95T | 512.17T | 485.9T | 470.94T | 426.3T | 374.09T | 308.17T | 285.59T | 268.27T | 239.65T | 222.4T | 217.01T | 208.85T | 229.96T | 40.41T | 38.44T | 170.61T | 139.29T | 128.51T | 112.14T | 28.29T | 57.86T |
| Accounts Receivables | 0 | 27.44T | 13.61T | 17.05T | 11.49T | 0 | 12.51T | 9.36T | 7.67T | 6.3T | 5.33T | 7.03T | 5.47T | 3.53T | 4.58T | 2.79T | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 5.99T | 5.89T | 6.12T | 6.22T | 5.81T | 5.64T | 5.48T | 5.56T | 4.32T | 4.27T | 4.23T | 4.27T | 4.15T | 4.23T | 4.2T | 4.2T | 4.07T | 5.07T | 5.57T | 6.16T | 2.46T | 2.93T | 1.6T | 1.76T | 219.46B |
| Goodwill | 5.99T | 4.66T | 4.67T | 4.68T | 4.68T | 4.67T | 4.69T | 4.69T | 3.9T | 3.9T | 3.87T | 3.87T | 3.82T | 3.84T | 3.83T | 3.85T | 3.81T | 3.81T | 3.89T | 3.98T | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 1.24T | 1.45T | 1.54T | 1.12T | 974.65B | 790.83B | 868.66B | 416.62B | 372.06B | 353.45B | 394.86B | 328.2B | 391.24B | 365.13B | 348.94B | 262.22B | 1.27T | 1.68T | 2.18T | 2.46T | 2.93T | 1.6T | 1.76T | 219.46B |
| PP&E (Net) | 4.17T | 6.04T | 4.16T | 6.05T | 5.94T | 4.05T | 5.01T | 4.08T | 3T | 3.02T | 3.15T | 3.06T | 3.15T | 3.21T | 3.11T | 2.99T | 2.98T | 2.44T | 2.41T | 2.45T | 2T | 1.86T | 1.79T | 2.1T | 828.4B |
| Other Assets | 59.2T | 45.73T | 3.85T | 5.65T | 7.18T | 25.49T | 15.21T | 14.7T | 10.52T | 35.97T | 36.98T | 28.84T | 30.35T | 24.64T | 22.88T | 16.99T | 19.65T | -47.91T | -46.43T | 36.43T | 21.18T | 17.15T | 20.54T | -32.15T | 5.47T |
| Total Current Assets | 148.7T | 27.68T | 153.82T | 147.78T | 132.41T | 120.66T | 108.38T | 101.56T | 67.23T | 74.27T | 65.09T | 65.96T | 60.5T | 56.61T | 57.64T | 54.98T | 11.83T | 7.85T | 4.33T | 5.97T | 2.3T | 3.03T | 2.57T | 2.42T | 407.07B |
| Total Non-Current Assets | 668.01T | 758.3T | 585.94T | 544.02T | 532.02T | 521.21T | 496.86T | 450.86T | 392.37T | 352.03T | 330.59T | 304.59T | 277.52T | 254.69T | 247.3T | 233.07T | 256.73T | 47.91T | 46.43T | 215.65T | 164.93T | 150.44T | 136.07T | 32.15T | 64.38T |
| Total Assets | 816.72T | 785.98T | 739.76T | 691.8T | 664.43T | 641.86T | 605.23T | 552.42T | 459.6T | 426.31T | 395.68T | 370.55T | 338.02T | 311.29T | 304.94T | 288.04T | 268.56T | 254.91T | 260.97T | 221.62T | 167.24T | 153.47T | 138.64T | 142.98T | 64.78T |
| Asset Growth % | 24.17% | 6.25% | 6.93% | 4.12% | 3.52% | 6.05% | 9.56% | 20.2% | 7.81% | 7.74% | 6.78% | 9.62% | 8.59% | 2.08% | 5.87% | 7.26% | 5.35% | -2.32% | 17.76% | 32.52% | 8.97% | 10.7% | -3.04% | 120.71% | - |
| Return on Assets (ROA) | 0.65% | 0.65% | 0.62% | 0.64% | 0.71% | 0.64% | 0.59% | 0.67% | 0.71% | 0.71% | 0.72% | 0.67% | 0.64% | 0.62% | 0.78% | 1.15% | 0.91% | 0.44% | 0.61% | 0.99% | 0.87% | 1.18% | 0% | 0.28% | 0.91% |
| Accounts Payable | 0 | 29.03T | 15.14T | 18.92T | 12.34T | 14.04T | 14.57T | 11.89T | 9.75T | 8.52T | 7.26T | 8.54T | 6.76T | 4.85T | 6.12T | 7.54T | 0 | 0 | 0 | 2.52T | 2.04T | 0 | 0 | 0 | 0 |
| Total Debt | 145.3T | 154.21T | 150.26T | 143.78T | 128.72T | 134.68T | 117.06T | 114.25T | 93.72T | 110.57T | 73.07T | 65.93T | 62.33T | 59.93T | 60.47T | 61.24T | 66.44T | 62.45T | 83.1T | 73.75T | 49.29T | 45.16T | 39.49T | 34T | 19.93T |
| Net Debt | 104.5T | 133.07T | 108.59T | 108.02T | 97.65T | 105.63T | 82.5T | 84.64T | 75.21T | 86.74T | 52.72T | 42.69T | 40.44T | 42.11T | 45.6T | 45.18T | 54.62T | 54.6T | 78.78T | 67.78T | 46.98T | 42.13T | 36.92T | 31.58T | 19.53T |
| Long-Term Debt | 132.87T | 75.99T | 137.8T | 125.82T | 118.5T | 123.32T | 105.33T | 103.97T | 86.02T | 82.99T | 73.07T | 65.93T | 62.33T | 59.93T | 60.47T | 61.24T | 58.37T | 52.74T | 59.88T | 57.95T | 38.8T | 25.89T | 22.82T | 22.25T | 8.23T |
| Short-Term Debt | 12.43T | 77.71T | 11.57T | 17.35T | 9.59T | 10.75T | 11.14T | 9.18T | 7.69T | 27.59T | 0 | 0 | 0 | 0 | 0 | 0 | 8.07T | 9.71T | 23.22T | 15.8T | 10.49T | 19.26T | 16.68T | 11.75T | 11.7T |
| Other Liabilities | 138.33T | 575.26T | 76.3T | 74.59T | 69.16T | 64.39T | 84.48T | 72.04T | 40.14T | 9.4T | 33.1T | 31.38T | 28.56T | 26.06T | 25.06T | 20.79T | 11.35T | -43.02T | -36.65T | 5.95T | 13.11T | 14.64T | 13.03T | -10.5T | 4.25T |
| Total Current Liabilities | 483.23T | 77.71T | 464.88T | 433.24T | 421.28T | 402.33T | 367.42T | 332.45T | 296.39T | 299.69T | 257.2T | 240.89T | 216.19T | 194.86T | 189.99T | 178.73T | 171.46T | 9.71T | 23.22T | 140.61T | 105.66T | 104.77T | 96.55T | 11.75T | 48.75T |
| Total Non-Current Liabilities | 272.02T | 652.65T | 216.06T | 202.24T | 189.73T | 189.31T | 191.46T | 178.04T | 126.56T | 92.91T | 106.73T | 97.84T | 91.31T | 86.57T | 86.04T | 82.46T | 69.91T | 9.71T | 23.22T | 63.89T | 51.91T | 40.53T | 35.84T | 11.75T | 12.49T |
| Total Liabilities | 755.24T | 730.36T | 680.94T | 635.47T | 611.01T | 591.65T | 558.88T | 510.49T | 422.95T | 392.6T | 363.94T | 338.73T | 307.51T | 281.44T | 276.03T | 261.18T | 241.36T | 234.36T | 243.01T | 204.5T | 157.57T | 145.3T | 132.39T | 138.07T | 61.23T |
| Total Equity | 61.47T | 55.62T | 58.82T | 56.32T | 53.42T | 50.22T | 46.36T | 41.93T | 36.65T | 33.7T | 31.74T | 31.81T | 30.51T | 29.86T | 28.91T | 26.86T | 27.2T | 20.55T | 17.96T | 17.12T | 9.67T | 8.17T | 6.25T | 4.92T | 3.55T |
| Equity Growth % | 5.73% | -5.44% | 4.44% | 5.43% | 6.39% | 8.32% | 10.56% | 14.4% | 8.75% | 6.17% | -0.21% | 4.25% | 2.21% | 3.26% | 7.65% | -1.24% | 32.34% | 14.39% | 4.92% | 77% | 18.39% | 30.8% | 27.03% | 38.5% | - |
| Equity / Assets (Capital Ratio) | 7.53% | 7.08% | 7.95% | 8.14% | 8.04% | 7.82% | 7.66% | 7.59% | 7.97% | 7.91% | 8.02% | 8.59% | 9.03% | 9.59% | 9.48% | 9.32% | 10.13% | 8.06% | 6.88% | 7.73% | 5.78% | 5.32% | 4.51% | 3.44% | 5.48% |
| Return on Equity (ROE) | 8.59% | 8.69% | 7.73% | 7.96% | 9% | 8.32% | 7.74% | 8.66% | 8.97% | 8.92% | 8.73% | 7.6% | 6.89% | 6.48% | 8.33% | 11.89% | 9.93% | 5.89% | 8.44% | 14.41% | 15.72% | 23.86% | 0.03% | 6.82% | 16.6% |
| Book Value per Share | 127425.70 | 112018.42 | 116193.83 | 108476.50 | 105003.47 | 94028.56 | 92650.16 | 87840.46 | 77380.99 | 71074.69 | 66944.29 | 67087.84 | 64350.29 | 62958.96 | 60972.47 | 54934.86 | 55622.94 | 43150.95 | 41545.77 | 41070.87 | 24719.65 | 21820.62 | 17604.49 | 16718.03 | 12848.07 |
| Tangible BV per Share | 115002.77 | 100150.16 | 104104.24 | 96500.67 | 93588.22 | 83458.79 | 81696.43 | 76195.44 | 68260.03 | 62063.05 | 58031.35 | 58090.93 | 55592.71 | 54046.31 | 52124.94 | 46337.43 | 47292.56 | 32500.38 | 28662.45 | 26295.13 | 18422.15 | 14006.26 | 13085.84 | 10742.90 | 12053.87 |
| Common Stock | 2.7T | 2.7T | 2.7T | 2.7T | 2.61T | 2.97T | 2.61T | 2.37T | 2.37T | 2.37T | 2.37T | 2.37T | 2.37T | 2.37T | 2.37T | 2.37T | 2.37T | 2.37T | 1.98T | 1.98T | 1.82T | 1.78T | 1.54T | 1.54T | 1.46T |
| Additional Paid-in Capital | 2.23T | 12.1T | 12.09T | 12.09T | 12.1T | 12.1T | 12.23T | 10.57T | 9.9T | 9.89T | 9.89T | 9.89T | 9.89T | 9.89T | 9.89T | 9.89T | 8.83T | 8.04T | 7.15T | 7.15T | 2.59T | 2.38T | 1.6T | 1.13T | 1.05T |
| Retained Earnings | 52.02T | 41.79T | 39.02T | 36.39T | 33.96T | 31.14T | 27.78T | 25.53T | 22.96T | 20.79T | 18.64T | 17.69T | 15.87T | 14.19T | 12.72T | 10.83T | 12.07T | 8.62T | 7.71T | 6.8T | 4.91T | 3.91T | 2.37T | 1.25T | 1.08T |
| Accumulated OCI | -2.11T | -2.47T | -1.82T | -1.07T | -1.91T | -905.22B | -404.18B | -260.16B | -753.22B | -529.73B | -102.58B | 304.77B | 637.89B | 672.97B | 980.12B | 1.19T | 1.63T | 969.01B | 595.48B | 762.2B | 359.55B | -99.14B | 152.52B | 60.92B | 70.36B |
| Treasury Stock | 0 | -1.18T | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28M | -28M | -154.06B | -242.86B | -196.92B | -416B | -394.53B |
| Preferred Stock | 274.06B | 274.06B | 274.06B | 274.06B | 361.46B | 361.46B | 361.46B | 361.46B | 274.06B | 274.06B | 274.06B | 274.06B | 274.06B | 274.06B | 274.06B | 274.06B | 218.56B | 218.56B | 218.56B | 218.56B | 0 | 363.97B | 710.79B | 745.74B | 0 |
Credit Provisioning Volatility
According to the latest financial statements, Shinhan Financial Group's total assets grew to 816.7 trillion KRW in 2026Q1, representing a steady upward trajectory from 691.8 trillion KRW in 2023Q4, which suggests a deliberate expansion of the balance sheet despite a challenging domestic interest rate environment.
The consistent growth in total assets appears to be driven by a combination of organic loan book expansion and strategic investment in securities. Investors should monitor whether this asset growth is being matched by commensurate improvements in risk-adjusted returns, as the bank balances scale with the need to maintain capital efficiency.
Based on reported figures, Shinhan Financial Group maintained an equity-to-assets ratio of 0.08 throughout most of the ten-quarter period, indicating that the bank has successfully preserved its core capital base while simultaneously initiating more aggressive shareholder return programs, such as recent share buybacks and cancellations.
The stability of the equity-to-assets ratio suggests a disciplined approach to capital management that balances regulatory requirements with the pressure to improve return on equity. This capital positioning appears to provide a sufficient buffer to absorb potential credit shocks while allowing for the ongoing execution of the group's 'Value-Up' initiatives.
As reported in quarterly filings, the bank's cash and bank balances reached 40.8 trillion KRW in 2026Q1, reflecting significant volatility compared to the 21.1 trillion KRW low observed in 2025Q4, which suggests a dynamic management of liquid assets to meet short-term funding needs and investment opportunities.
The variance in cash levels may indicate a tactical shift in liquidity management, potentially influenced by the bank's need to navigate interest rate cycles and manage its large securities portfolio. The reliance on a substantial investment securities book, which stood at 702.6 trillion KRW in 2026Q1, warrants further investigation into the duration and credit quality of these holdings.
Based on the provided data, Shinhan Financial Group recorded 495.6 billion KRW in loan loss provisions in 2026Q1, a figure that remains sensitive to economic cycles as evidenced by the 759.7 billion KRW provision peak observed in 2023Q4 during periods of heightened credit stress.
The persistent volatility in loan loss provisions suggests that the bank's asset quality remains vulnerable to fluctuations in the SME and retail loan segments. While the current provisioning levels appear manageable, any sustained increase in delinquency rates could compress net income and necessitate a more conservative approach to capital allocation.
Quick answers to the most common questions about buying SHG stock.
As of 2025, Shinhan Financial Group Co., Ltd. (SHG) had total assets of $785.98T including $27.68T in current assets.
Shinhan Financial Group Co., Ltd. (SHG) carries total debt of $154.21T. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Shinhan Financial Group Co., Ltd. (SHG) has total shareholders' equity (book value) of $53.21T ($112018.42 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Shinhan Financial Group Co., Ltd. (SHG) reported a current ratio of 0.36x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.