Shinhan Financial (SHG) Cost of Revenue (2016 - 2026)

Quarterly Cost of Revenue fell 1.1% to $442.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.7 billion through Dec 2025, down 7.38% year-over-year, with the annual reading at $1.6 billion for FY2025, 7.97% up from the prior year.

Shinhan Financial's Cost of Revenue history spans 15 years, with the latest figure at $442.7 million for Q4 2025.

  • Cost of Revenue came in at $442.7 million for Q4 2025, up from $376.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $654.8 million in Q4 2023 to a low of $237.9 million in Q2 2022.
  • The 5-year median for Cost of Revenue is $367.8 million (2021), against an average of $382.9 million.
  • Year-over-year, Cost of Revenue plummeted 34.87% in 2022 and then skyrocketed 46.59% in 2023.
  • Shinhan Financial's Cost of Revenue stood at $259.1 million in 2021, then skyrocketed by 99.59% to $517.1 million in 2022, then rose by 26.63% to $654.8 million in 2023, then tumbled by 31.64% to $447.6 million in 2024, then decreased by 1.1% to $442.7 million in 2025.
  • Per Business Quant, the three most recent readings for SHG's Cost of Revenue are $442.7 million (Q4 2025), $376.2 million (Q3 2025), and $425.4 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Bank Of Chile 91,520.55 Bn 91,520.55 Bn - -
2 Bank Bradesco 6,974.45 Bn 6,958.51 Bn - -
3 First Capital 178.68 Bn 178.53 Bn - -
4 Landmark Bancorp 170.33 Bn 170.30 Bn - -
5 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
6 NatWest 156.60 Bn -88.97 Bn - -
7 Shinhan Financial 131.59 Bn 130.68 Bn - 333.64 Mn
8 Pnc Financial Services 88.50 Bn 88.55 Bn - -
9 Us Bancorp \De\ 84.80 Bn 85.26 Bn - -
10 Banco Santander (Brasil) 66.97 Bn 66.97 Bn - -

Historic Data

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DateValue
Mar 31, 2026 333.64 Mn
Mar 31, 2026 333.64 Mn
Dec 31, 2025 442.69 Mn
Dec 31, 2025 442.69 Mn
Sep 30, 2025 376.18 Mn
Sep 30, 2025 376.18 Mn
Jun 30, 2025 425.36 Mn
Jun 30, 2025 425.36 Mn
Dec 31, 2024 447.60 Mn
Dec 31, 2024 447.60 Mn
Sep 30, 2024 370.45 Mn
Sep 30, 2024 370.45 Mn
Jun 30, 2024 353.87 Mn
Jun 30, 2024 353.87 Mn
Dec 31, 2023 654.79 Mn
Dec 31, 2023 654.79 Mn
Sep 30, 2023 307.51 Mn
Sep 30, 2023 307.51 Mn
Jun 30, 2023 348.68 Mn
Jun 30, 2023 348.68 Mn
Dec 31, 2022 517.08 Mn
Dec 31, 2022 517.08 Mn
Sep 30, 2022 253.56 Mn
Sep 30, 2022 253.56 Mn
Jun 30, 2022 237.87 Mn
Jun 30, 2022 237.87 Mn
Sep 30, 2021 259.07 Mn
Sep 30, 2021 259.07 Mn
Jun 30, 2021 365.20 Mn
Jun 30, 2021 365.20 Mn
Sep 30, 2020 280.15 Mn
Sep 30, 2020 280.15 Mn
Jun 30, 2020 291.07 Mn
Jun 30, 2020 291.07 Mn
Sep 30, 2019 250.71 Mn
Sep 30, 2019 250.71 Mn
Jun 30, 2019 287.94 Mn
Jun 30, 2019 287.94 Mn
Dec 31, 2018 204.61 Mn
Dec 31, 2018 204.61 Mn
Sep 30, 2018 217.56 Mn
Sep 30, 2018 217.56 Mn
Jun 30, 2018 168.10 Mn
Jun 30, 2018 168.10 Mn
Dec 31, 2017 151.67 Mn
Dec 31, 2017 151.67 Mn
Sep 30, 2017 196.11 Mn
Sep 30, 2017 196.11 Mn
Jun 30, 2017 166.65 Mn
Jun 30, 2017 166.65 Mn
Dec 31, 2016 201.22 Mn
Dec 31, 2016 201.22 Mn
Sep 30, 2016 181.68 Mn
Sep 30, 2016 181.68 Mn
Jun 30, 2016 131.88 Mn
Jun 30, 2016 131.88 Mn