Shinhan Financial (SHG) Operating Expenses (2009 - 2026)
Shinhan Financial (SHG) posted quarterly Operating Expenses of -$23.1 million for Q1 2026, down 12.81% year-over-year from -$26.5 million in Q1 2025, and down 100.78% quarter-over-quarter from $2.9 billion in Q4 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 -$23.1 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 12.81% year-over-year to -$23.1 million; the TTM figure through Mar 2026 stood at $766.3 million (up 134.93% YoY), while the FY2025 annual figure was -$109.6 million, up 80.18% from the prior year.
- Operating Expenses for Q1 2026 stood at -$23.1 million, down from $2.9 billion in the prior quarter.
- The five-year high for Operating Expenses was $2.9 billion in Q4 2025, with the low at -$1.1 billion in Q3 2023.
- The 5-year median for Operating Expenses is -$514.6 million (2022), against an average of -$368.5 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 97.88% in 2022, then slumped 4704.1% in 2023.
- Shinhan Financial's Operating Expenses stood at -$510.1 million in 2022, then decreased by 1.78% to -$519.1 million in 2023, then sank by 111.72% to -$1.1 billion in 2024, then jumped by 368.22% to $2.9 billion in 2025, then sank by 100.78% to -$23.1 million in 2026.
- Business Quant data shows SHG's Operating Expenses at -$23.1 million in Q1 2026, $2.9 billion in Q4 2025, and -$1.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.11 Bn |
| 10 | Shinhan Financial | 1.54 Mn | -21.63 Bn | - | -23.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.11 Mn |
| Dec 31, 2025 | 2.95 Bn |
| Sep 30, 2025 | -1.10 Bn |
| Jun 30, 2025 | -1.06 Bn |
| Mar 31, 2025 | -20.48 Mn |
| Sep 30, 2024 | -1.10 Bn |
| Jun 30, 2024 | -1.07 Bn |
| Mar 31, 2024 | -24.62 Mn |
| Dec 31, 2023 | -519.14 Mn |
| Sep 30, 2023 | -1.14 Bn |
| Jun 30, 2023 | -1.10 Bn |
| Mar 31, 2023 | -21.75 Mn |
| Dec 31, 2022 | -510.08 Mn |
| Sep 30, 2022 | -23.75 Mn |
| Jun 30, 2022 | -1.11 Bn |
| Mar 31, 2022 | -23.22 Mn |
| Dec 31, 2021 | 2.69 Bn |
| Sep 30, 2021 | -1.12 Bn |
| Jun 30, 2021 | -1.21 Bn |
| Mar 31, 2021 | -23.43 Mn |