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
DateValue
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