Shinhan Financial (SHG) Operating Expenses (2009 - 2026)
Shinhan Financial (SHG) recorded quarterly Operating Expenses of -$1.1 billion in Q1 2026, up 22.95% quarter-over-quarter from -$1.4 billion in Q4 2025, and down 8.38% on a YoY basis from -$1.2 billion in Q1 2025.
Shinhan Financial (SHG) Operating Expenses (2009 - 2026) Analysis & Trends
Shinhan Financial's Operating Expenses history runs 18 years deep, the most recent figure standing at -$1.1 billion for Q1 2026.
- In Q1 2026, Operating Expenses fell 8.38% year-over-year to -$1.1 billion; the TTM figure through Mar 2026 stood at -$3.6 billion (down 69.15% YoY), while the FY2025 annual figure was -$5.1 billion, changed 0.26% from the prior year.
- Operating Expenses was -$1.1 billion for Q1 2026 at Shinhan Financial, up from -$1.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$21.8 million in Q1 2023 to a low of -$1.4 billion in Q4 2025.
- Historically, Operating Expenses has averaged -$567.9 million across 5 years, with a median of -$555.4 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 97.88% in 2022, then sank 4585.94% in 2024.
- A 5-year view of Operating Expenses shows it stood at -$546.2 million in 2022, then slipped by 3.35% to -$564.5 million in 2023, then tumbled by 94.71% to -$1.1 billion in 2024, then fell by 24.85% to -$1.4 billion in 2025, then advanced by 22.95% to -$1.1 billion in 2026.
- The last three Operating Expenses figures came in at -$1.1 billion (Q1 2026), -$1.4 billion (Q4 2025), and -$1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | Pnc Financial Services | 96.18 Bn | 96.23 Bn | - | 3.77 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.06 Bn |
| Dec 31, 2025 | -1.37 Bn |
| Sep 30, 2025 | -1.10 Bn |
| Jun 30, 2025 | -27.42 Mn |
| Mar 31, 2025 | -975.62 Mn |
| Sep 30, 2024 | -1.10 Bn |
| Jun 30, 2024 | -26.03 Mn |
| Mar 31, 2024 | -24.62 Mn |
| Dec 31, 2023 | -564.51 Mn |
| Sep 30, 2023 | -23.46 Mn |
| Jun 30, 2023 | -1.10 Bn |
| Mar 31, 2023 | -21.75 Mn |
| Dec 31, 2022 | -546.23 Mn |
| Sep 30, 2022 | -23.75 Mn |
| Jun 30, 2022 | -1.11 Bn |
| Mar 31, 2022 | -23.22 Mn |
| Sep 30, 2021 | -1.12 Bn |
| Jun 30, 2021 | -1.21 Bn |
| Mar 31, 2021 | -23.43 Mn |
| Dec 31, 2020 | 5.89 Bn |