Shinhan Financial (SHG) Stock – An Overview

By Susan Ramirez • Thursday, September 26 07:49 • Permanent Link

Shinhan Financial sank -4.7% today, compared to the S&P 500's day change of -0.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

Shinhan Financial has moved 53.7% over the last year, and the S&P 500 logged a change of 33.1%
SHG has an average analyst rating of buy and is -18.52% away from its mean target price of $50.0 per share
Its trailing earnings per share (EPS) is $6.11
Shinhan Financial has a trailing 12 month Price to Earnings (P/E) ratio of 6.7 while the S&P 500 average is 28.21
Its forward earnings per share (EPS) is $7.0 and its forward P/E ratio is 5.8
The company has a Price to Book (P/B) ratio of 0.0 in contrast to the S&P 500's average ratio of 4.71
Shinhan Financial is part of the Finance sector, which has an average P/E ratio of 19.48 and an average P/B of 1.85
SHG has reported YOY quarterly earnings growth of 18.0% and gross profit margins of 0.0%
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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.