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Stock impact report

Shinhan Financial Group (SHG) Builds Momentum With Robust FY2025 Results [Yahoo! Finance]

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
Financial Group Co., Ltd. (NYSE:SHG) filed audit reports for Shinhan Bank, its wholly-owned banking subsidiary. The reports cover FY2025 and were prepared under K-IFRS. The company detailed in the Form 6-K filing that KPMG Samjong is the auditor on record, and that the auditor gave all statements a clean bill of health. Source: Pexels In the statements, Shinhan Bank posted KRW 3.78 trillion in consolidated net profit for the financial year, and the net interest income came in at KRW 9.17 trillion, compared to KRW 8.84 trillion in FY2024. The growth came on the back of healthy lending activity and improved fee income, noted management. Total assets expanded to KRW 596.97 trillion, which management said were funded largely by customer deposits of KRW 434.32 trillion. However, the auditors flagged credit loss allowances of KRW 4.28 trillion. They also called out the bank's level 3 derivatives and derivative-linked securities as key audit areas, given the complex models and unobserv Show less Read more
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