Shinhan Financial Group Q1 2026 Net Profit Up 9%, Enhanced Shareholder Returns via Dividends and Buybacks
Q1 2026 consolidated net income (controlling interest) KRW 1,622.6 billion, up 9.0% YoY
Net interest income KRW 3,024.1 billion (+5.9%), non-interest income KRW 1,188.2 billion (+26.5%), balanced growth
BIS capital ratio 15.72%, CET1 ratio 13.19%, maintaining strong capital adequacy
NPL ratio 0.83% (slightly up from 0.74% at end of previous year), loan loss reserve coverage 112.87%
Declared Q1 2026 cash dividend of KRW 740 per share, ongoing KRW 500 billion share buyback trust contract (Feb) and other shareholder return policies
Banking segment accounted for 70.1% of total net profit; securities segment net profit surged 167% YoY
Major subsidiaries' financial soundness: Shinhan Bank BIS 17.1%, Shinhan Card adjusted capital ratio 20.9%, Shinhan Investment Corp. net capital ratio 1,986.5%
2026 corporate value enhancement plan revamped: targets ROE 10%+, shareholder return rate 50%+, CET1 13%+