SHINHAN FINANCIAL GROUP CO LTD SEC Filings

Shinhan Financial Group filed a Form 6-K to notify investors that it has submitted its 2025 Sustainability Report to the Korea Exchange on June 30, 2026. The report is prepared under GRI Standards 2021, with data based on K-IFRS and Korean won.

It also reflects the IFRS S2 climate-related disclosure standard and considers frameworks such as the Principles for Responsible Banking, UN Guiding Principles on Business and Human Rights, SASB industry standards, KRX ESG Disclosure Guidelines, and WEF Stakeholder Capitalism Metrics. The Korean version is available on the company website, with an English version planned for July 2026.

Shinhan Financial Group Co., Ltd. has responded to a media report claiming it is pursuing an acquisition of Lotte Insurance. The company states it is reviewing various options to strengthen its non-bank businesses, which may include an acquisition, but no decisions have been finalized.

The potential Lotte Insurance transaction remains under review. Shinhan Financial Group plans to provide another disclosure once specific details are determined or within one month, signaling that discussions are at an early, exploratory stage rather than a confirmed deal.

Shinhan Financial Group Co., Ltd. reported a small decrease in the stake held by its largest shareholder, Korea’s National Pension Service (NPS). NPS’s holdings fell from 42,747,919 common shares, representing 9.01% as of March 31, 2026, to 42,575,588 shares, representing 8.97% as of April 30, 2026.

The change is based on the shareholder registry closing as of April 30, 2026, and confirms that NPS remains the largest shareholder, with only a modest reduction in its ownership percentage.

Shinhan Financial Group reported solid Q1 2026 results and updated its capital return strategy. Consolidated net profit was W 1,649,148 million, up from W 1,517,046 million a year earlier, with basic earnings per share of W 3,327.

The Group highlighted progress on its value-up program, achieving a 2025 ROE of 9.11%, a shareholder return ratio of 50.2%, and reducing issued and outstanding shares by about 25 million by January 2026. A new “Shinhan Value-Up +++ (Triple Plus)” plan targets ROE of 10–12%, a shareholder return ratio of at least 50%, and a CET1 ratio of at least 13%. The board resolved a quarterly cash dividend of W 740 per share for Q1 2026, with record date April 30 and expected payment on May 29. Capital and liquidity remain strong, with a consolidated BIS ratio of 15.72% and Shinhan Bank’s liquidity coverage ratio at 106.0%.

Shinhan Financial Group has approved a quarterly cash dividend, returning KRW 348,928,026,400 to shareholders. The dividend is set at KRW 740 per share and applies to 471,524,360 shares.

The record date for determining eligible shareholders is April 30, 2026, and the expected payment date is May 29, 2026, providing investors with scheduled cash income tied to their shareholdings.

Shinhan Financial Group updated its multi‑year value‑up strategy, now branded “Shinhan Value-Up +++ (Triple Plus).” The group previously targeted 2027 goals of 10% ROE, a 50% shareholder return ratio, and a 50 million share reduction, and has already made substantial progress.

Based on 2025 assessments, Shinhan kept its CET1 capital ratio above 13%, lifted ROE by 67 basis points year-on-year to 9.11%, achieved a 50.2% shareholder return ratio, and cut issued and outstanding shares by about 25 million by January 2026. The revamped plan keeps the 2027 goals but adds rolling three‑year guidance.

New quantitative aims include ROE of at least 10% (with a 10–12% range), a shareholder return ratio of at least 50% under a clear formula, and a CET1 ratio of at least 13% for stable management. Execution priorities focus on strengthening Shinhan’s ROTCE‑ROC value chain to improve ROE and reviewing the mix of dividends and buybacks in light of tax reforms and improving price‑to‑book ratios. The board approved the new plan on April 23, 2026.

Shinhan Financial Group reported strong preliminary consolidated results for 1Q 2026 under Korean International Financial Reporting Standards. Revenue reached 28,492,432 million KRW, up 76.80% year over year, while net income was 1,649,148 million KRW, an 8.71% increase.

At Shinhan Bank, revenue rose to 18,156,749 million KRW, up 87.37% year over year, with net income of 1,157,576 million KRW, up 2.60%. Shinhan Card posted revenue of 1,697,189 million KRW, up 15.52%, but net income declined 14.76% to 116,673 million KRW.

Shinhan Life revenue increased to 2,733,789 million KRW, up 56.60% year over year. Net income was 103,145 million KRW, down 37.55% year over year but rebounding from a loss in 4Q 2025.

Shinhan Financial Group Co., Ltd. files its annual Form 20-F for the year ended December 31, 2025, prepared on a consolidated basis under IFRS Accounting Standards. The report translates figures using W1,444.6 per US$1.00, the Noon Buying Rate in New York on December 31, 2025.

The group had 477,157,399 shares of common stock outstanding, par value W5,000 per share, at period-end. Management highlights extensive risk factors, including dependence on Korean economic conditions, global inflation, geopolitical tensions, high household and corporate leverage, real estate and project financing pressures, and rising delinquencies.

The filing also stresses intense competition across Korean banking, credit cards and broader financial services, including from foreign banks, Internet-only banks and fintech platforms. It notes regulatory initiatives and government-led support programs that may affect asset quality, credit losses and profitability across Shinhan’s core businesses.

Shinhan Financial Group reported a small change in its largest shareholder’s stake. Korea’s National Pension Service now holds 42,747,919 common shares, down from 43,441,749 shares. NPS’s ownership decreased from 9.15% as of February 20, 2026 to 9.01% as of March 31, 2026, based on the shareholder registry closing.