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Shinhan Financial Group Co (Shinhan Financial Group Co) Net Interest Income (for Banks) : $8,255 Mil (As of Dec. 2023)


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What is Shinhan Financial Group Co Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Shinhan Financial Group Co's net interest income for the three months ended in Dec. 2023 was $2,136 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was $8,255 Mil.

Shinhan Financial Group Co's quarterly net interest income declined from Jun. 2023 ($2,077 Mil) to Sep. 2023 ($2,071 Mil) but then increased from Sep. 2023 ($2,071 Mil) to Dec. 2023 ($2,136 Mil).

Shinhan Financial Group Co's annual net interest income declined from Dec. 2021 ($9,097 Mil) to Dec. 2022 ($8,192 Mil) but then increased from Dec. 2022 ($8,192 Mil) to Dec. 2023 ($8,293 Mil).

Shinhan Financial Group Co Net Interest Income (for Banks) Historical Data

The historical data trend for Shinhan Financial Group Co's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shinhan Financial Group Co Net Interest Income (for Banks) Chart

Shinhan Financial Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,289.71 9,035.30 9,096.58 8,191.99 8,293.44

Shinhan Financial Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,137.65 1,970.76 2,076.84 2,071.08 2,136.31

Shinhan Financial Group Co Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,255 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shinhan Financial Group Co (Shinhan Financial Group Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Shinhan Financial Group Co Ltd (NYSE:SHG) » Definitions » Net Interest Income (for Banks)
Comparable Companies
XKRX:105560 XKRX:086790 XKRX:323410 XKRX:024110 XKRX:316140 XKRX:138930 XKRX:175330 XKRX:139130 XKRX:006220 XKRX:007330 NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
055550:Korea
Address
20, Sejong-daero 9-gil, Jung-gu, Seoul, KOR, 04513
Website
http://www.shinhangroup.com
Shinhan Financial is Korea's largest banking group. Its 11.2% market share of loans trails KB's 12.8%, but Shinhan has more contribution from nonbank and overseas businesses than rivals. Nonbank units include Shinhan Card, the country's largest credit card company, brokerage firm Shinhan Securities, and a top-five presence in life insurance. It also owns leasing firm Shinhan Capital, Shinhan Asset Management, and regional bank Jeju Bank, among others. Unlike KB, whose predecessor banks were originally founded by the government, Shinhan has always been a private-sector bank, having grown to the top spot organically and through M&A after having been only a second-tier player before the Asian financial crisis.