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

: $9,699 Mil (As of Sep. 2023)
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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 Sep. 2023 was $2,071 Mil. Its net interest income for the trailing twelve months (TTM) ended in Sep. 2023 was $9,699 Mil.

Shinhan Financial Group Co's quarterly net interest income increased from Mar. 2023 ($1,971 Mil) to Jun. 2023 ($2,077 Mil) but then declined from Jun. 2023 ($2,077 Mil) to Sep. 2023 ($2,071 Mil).

Shinhan Financial Group Co's annual net interest income increased from Dec. 2020 ($9,035 Mil) to Dec. 2021 ($9,097 Mil) and increased from Dec. 2021 ($9,097 Mil) to Dec. 2022 ($9,635 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.

* Premium members only.

Shinhan Financial Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Interest Income (for Banks)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,644.25 8,289.71 9,035.30 9,096.58 9,635.16

Shinhan Financial Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Interest Income (for Banks) 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 Premium Member Only Premium Member Only Premium Member Only 1,956.58 3,580.82 1,970.76 2,076.84 2,071.08

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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9,699 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:175330 XKRX:138930 XKRX:139130 XKRX:006220 XKRX:007330 NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05
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.