SHG Stock Recent News

Investors interested in stocks from the Banks - Foreign sector have probably already heard of Shinhan Financial (SHG) and Nu Holdings Ltd. (NU). But which of these two companies is the best option for those looking for undervalued stocks?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

SEOUL, South Korea , April 23, 2025 /PRNewswire/ -- Shinhan Financial Group (NYSE: SHG) (KRX: 055550) filed its Annual Report on Form 20-F for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission (SEC) on April 23, 2025. The report is available at Shinhan Financial Group's Homepage, https://www.shinhangroup.com/en/ir/disclosure/overseas, as well as the U.S. Securities and Exchange Commission website, www.sec.gov.

I continue to rate SHG as a buy after previewing its results and doing a peer comparison exercise. Shinhan is expected to deliver positive earnings growth again in the first quarter of this year, in contrast with its bottom-line contractions for both 4Q24 and 1Q24. The stock is trading at a huge discount to its peer KB Financial based on the P/NAV metric, which I view as unjustified.

I am upgrading Shinhan Financial to a Buy, anticipating strong financial performance and increased capital returns in 2025. SHG's EPS is projected to rise by +8% in 2025, driven by a decrease in credit costs, above-expectations non-interest margin, and higher non-interest income contribution. Shinhan Financial's capital management yield for the current fiscal year is close to 10% based on my financial performance and shareholder return assumptions.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shinhan Financial (SHG) have what it takes?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shinhan Financial (SHG) have what it takes?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shinhan Financial (SHG) have what it takes?

Investors interested in stocks from the Banks - Foreign sector have probably already heard of Shinhan Financial (SHG) and Nordea Bank AB (NRDBY). But which of these two stocks offers value investors a better bang for their buck right now?

Does Shinhan Financial (SHG) have what it takes to be a top stock pick for momentum investors? Let's find out.