SHG
vs
S&P 500
SHG
S&P 500
Over the past 12 months, SHG has significantly outperformed S&P 500, delivering a return of +56% compared to the S&P 500's +14% growth.
Stocks Performance
SHG vs S&P 500
Performance Gap
SHG vs S&P 500
Performance By Year
SHG vs S&P 500
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Shinhan Financial Group Co Ltd
Glance View
In the bustling business landscape of South Korea, Shinhan Financial Group Co., Ltd. stands as a formidable titan in the financial sector. Founded in 1982, the company has its roots in providing traditional banking services, but over the decades, it has evolved into a comprehensive financial services powerhouse. The story of Shinhan is one of strategic expansion and diversification. Headquartered in Seoul, the group operates through a wide array of subsidiaries that address various financial needs, from consumer banking to investment services and insurance. Its core business is centered around Shinhan Bank, a leader in the domestic banking industry known for its extensive network and customer-centric services. Shinhan Bank generates revenue primarily through interest income, as it skillfully navigates the challenges of lending and deposit-taking to maintain healthy profit margins. Beyond traditional banking, Shinhan Financial Group has broadened its horizons by establishing a significant presence in the investment and insurance sectors. Shinhan Investment Corp. and Shinhan Life Insurance underpin the group's strategy to offer a full spectrum of financial products. By providing asset management, brokerage services, and tailored insurance products, these subsidiaries contribute significantly to the group’s non-interest income. Their business model revolves around fee-based income from asset management services and premium income from life insurance policies. This diversification has been a crucial element of Shinhan’s strategy to mitigate risks inherent in the banking sector and ensure sustainable growth. In essence, Shinhan Financial Group thrives on a symbiotic relationship between its banking and non-banking entities, leveraging cross-selling opportunities and integrated service offerings to create a resilient and profitable enterprise.
