Edited Transcript of 055550.KS earnings conference call or presentation 25-Oct-19 7:00am GMT [Yahoo! Finance News]
Shinhan Financial Group Co Ltd American Depositary Shares (SHG)
US:NYSE Investor Relations:
shinhangroup.co.kr/en/invest/main.jsp
Company Research
Source: Yahoo! Finance News
Edited Transcript of 055550.KS earnings conference call or presentation 25-Oct-19 7:00am GMT The fourth highlight is that the group has achieved the best level of cost income ratio in the industry through our continuous strategic cost management efforts. Together with stable growth in operating income and cost management, our business process improvements have continued in terms of using -- increase in customers using digital services and enhanced cost efficiency, and our cost income ratio has dropped to 42.6% as of Q3, which is the lowest in the recent 8-year period. Lastly, we maintain a systematic risk management and consistent credit policy in anticipation of future down cycle. During the first half, we focused on preemptive response to possible deterioration in asset quality by changing our credit risk RC and adopting stricter regular credit rating calculation processes for our SME customers of the bank. This did increase the group's credit cost by 6 bp year-over-year to 33 bps,
Show less
Read more
Impact Snapshot
Event Time:
SHG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SHG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SHG alerts
High impacting Shinhan Financial Group Co Ltd American Depositary Shares news events
Weekly update
A roundup of the hottest topics
SHG
News
- Shinhan Financial Group Co., Ltd. (NYSE:SHG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Shinhan Financial Group files its FY2023 Form 20-F to the SECPR Newswire
- EQT AB (publ) Q1 Announcement 2024 [Yahoo! Finance]Yahoo! Finance
- Shinhan Financial Group Co., Ltd. (NYSE: SHG) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Rupee Drops to Record Low as Dollar Strength Weighs on Sentiment [BNN Bloomberg (Canada)]BNN Bloomberg
SHG
Sec Filings
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- SHG's page on the SEC website