SHG Stock Recent News

Shanta Gold's declaration of commercial production at Singida was a textbook commissioning performance, according to house broker Liberum. Turning the key on a new mine is always a nervous time, added the broker, but Singida has performed with flying colours, delivering commercial production within weeks of first gold pour on 30 March 2023.

Shanta Gold has declared commercial production at its new Singida gold mine in Tanzania effective from today, 1 June 2023.  Eric Zurrin, chief executive, said the move followed a rapid ramp-up after the first gold pour, with the mine achieving 30 consecutive days of mill throughput exceeding 95% of nominal nameplate capacity of 1,000 tonnes per day.

Shinhan Financial Group Co., Ltd. might find it difficult to return a larger percentage of its excess capital to shareholders going forward, assuming that regulators impose more demanding capital adequacy requirements. But I expect a turnaround for Shinhan Financial Group's core banking business relating to loan growth and net interest margin expansion in Q2 2023.

Banking stocks in Japan fell on Thursday as troubles at Credit Suisse sparked fears that banking turmoil is spreading around the world.

SHG's Q4 2022 financial performance wasn't as poor as what headline numbers imply. Shinhan Financial is targeting to achieve a higher 30%-40% shareholder capital return ratio for 2023.

SHG vs. EBKDY: Which Stock Is the Better Value Option?

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.

SHG vs. EBKDY: Which Stock Is the Better Value Option?

Shinhan Financial Group Co., Ltd. (NYSE:SHG ) Q4 2022 Earnings Conference Call February 8, 2023 12:00 AM ET Company Participants Park Cheol Woo - Head, Investor Relations Lee Taekyung - Chief Financial Officer Kim Myoung Hee - Chief Development Officer Bang Dong Kwon - Chief Risk Officer Ko Seok-Hon - CSSO Kim Kihoon - Shinhan Bank, CFO Kim Nam-Jun - Shinhan Card, CFO Park Kyoung Won - Shinhan Life, CFO Conference Call Participants Yafei Tian - Citi Securities Baek Doosan - Korea Investment Park Hye-jin - Daishin Securities Won Jae-woong - HSBC Cho Jihyun - JPMorgan Securities Hongjae Lee - Hyundai Motor Securities Park Cheol Woo Good afternoon.

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