Shinhan Financial Group Co (MEX:SHG N) Total Noninterest Expense: MXN118,904 Mil (As of Mar. 2026)

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MEX:SHG N Shinhan Financial Group Co Ltd MEX:SHG N
51 GF Score
Price MXN950.22
GF Value MXN486.14
! 7 Warning Signs
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What is Shinhan Financial Group Co Total Noninterest Expense?

Shinhan Financial Group Co MEX:SHG N 51 Total Noninterest Expense is MXN118,904 Mil as of Mar. 2026. GuruFocus rates MEX:SHG N with a GF Score™ of 51/100 and a GF Value™ of MXN486.14. The stock has 7 warning signs investors should review.

Shinhan Financial Group Co's Total Noninterest Expense for the three months ended in Mar. 2026 was MXN24,596 Mil. Shinhan Financial Group Co's Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN118,904 Mil.


Shinhan Financial Group Co Total Noninterest Expense Related Terms


Shinhan Financial Group Co Total Noninterest Expense Historical Data

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The historical data trend for Shinhan Financial Group Co's Total Noninterest Expense 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.

Shinhan Financial Group Co Total Noninterest Expense Chart

Shinhan Financial Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Noninterest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 257,663.71 118,492.87 114,094.85 131,830.78 115,518.62

Shinhan Financial Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Noninterest Expense 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 27,830.51 28,017.30 27,549.86 38,740.94 24,596.21
MEX:SHG N
51GF Score
Shinhan Financial Group Co Ltd MEX:SHG N
Total Noninterest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinhan Financial Group Co Total Noninterest Expense Calculation

Total Noninterest Expense is any expenses incurred that not related to interest. It includes:
Selling, General, & Admin. Expense
Occupancy
Equipment
Professional fees
Amortization of intangibles
Any other special income/charges (too numerous to list)
Some banks can do choose to report each of these items separately. Yet, there are a variety of noninterest expense which are simply too numerous to list.

Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN118,904 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.

What does a Total Noninterest Expense of MXN118,904 Mil mean?
Shinhan Financial Group Co (MEX:SHG N) has a Total Noninterest Expense of MXN118,904 Mil as of Mar. 2026. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Shinhan Financial Group Co and its competitors.
Is Shinhan Financial Group Co's Total Noninterest Expense too high?
Shinhan Financial Group Co's current Total Noninterest Expense is MXN118,904 Mil. Overall, Shinhan Financial Group Co has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Shinhan Financial Group Co's Total Noninterest Expense compare to competitors?
Shinhan Financial Group Co's Total Noninterest Expense of MXN118,904 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Noninterest Expense for a Banks company?
A good Total Noninterest Expense depends on the Banks industry context. However, Total Noninterest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Noninterest Expense mean?
A high Total Noninterest Expense can signal that a stock is expensive relative to its fundamentals. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Shinhan Financial Group Co and its competitors. Shinhan Financial Group Co's current Total Noninterest Expense is MXN118,904 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinhan Financial Group Co stock overvalued right now?
Shinhan Financial Group Co (MEX:SHG N) has a current Total Noninterest Expense of MXN118,904 Mil. The stock's GF Value™ is MXN486.14, compared to a current price of MXN950.22 — trading 95.5% above its estimated fair value. The current Total Noninterest Expense is MXN118,904 Mil. Shinhan Financial Group Co's overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Noninterest Expense calculated?
Total Noninterest Expense is calculated from a company's financial statements. For Shinhan Financial Group Co (MEX:SHG N), the current Total Noninterest Expense is MXN118,904 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shinhan Financial Group Co (MEX:SHG N) Overvalued in 2026?

Based on GuruFocus' analysis, Shinhan Financial Group Co stock appears to be overvalued. The current stock price of MXN950.22 is trading 95.5% above its estimated GF Value™ of MXN486.14.

Key valuation signals for MEX:SHG N:

  • Total Noninterest Expense: MXN118,904 Mil
  • GF Value™: MXN486.14 vs. price of MXN950.22 (95.5% above fair value)
  • GF Score™: 51/100 with 7 warning signs

No single metric tells the full story. See the MEX:SHG N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinhan Financial Group Co Business Description

Address 20, Sejong-daero 9-gil, Jung-gu, Seoul, KOR, 04513
Shinhan Financial Group Co Ltd is a Korean banking group. Along with its subsidiaries the company provides, comprehensive financial services which consist of commercial banking services, credit card services, securities services, insurance, credit services, and asset management services, including securities investment trust management, investment advisory, call transaction, domestic and foreign private equity fund business, and other services. The majority of the revenue is generated from its Banking business which includes retail, corporate, international, and other banking services the company offers.
51GF Score

Get the complete analysis for MEX:SHG N

Total Noninterest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN950.22
Price
MXN486.14
GF Value