Earnings ·
Shinhan Financial reports KRW 1.58T net income for 3Q 2026, up 11% year-over-year
SHGShinhan Financial Group Co Ltd
Shinhan Financial Group Co., Ltd. released preliminary consolidated operating results for the third quarter of 2026. Net income attributable to controlling interest reached KRW 1,584,629 million (approximately USD 1.1 billion), representing an 11.3% increase from KRW 1,423,544 million in the same period last year and a 12.9% decline sequentially from the second quarter. Consolidated revenue for the specified quarter was KRW 18,640,834 million, up 95.9% year-over-year but down 25.6% from the prior quarter. The company's banking subsidiary, Shinhan Bank, contributed significantly with net income of KRW 1,225 billion, while Shinhan Card reported a sharp rise in net income to KRW 232 billion. These figures are preliminary and subject to review by independent auditors. Shinhan Financial Group operates as a diversified financial services holding company in South Korea.