Shinhan Financial (SHG) Operating Expenses (2009 - 2026)
Shinhan Financial's (SHG) quarterly Operating Expenses came in at -$1.1 billion in Q1 2026, down 8.38% year-on-year from -$1.2 billion in Q1 2025, and down 3079.23% quarter-over-quarter from -$33.3 million 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 -$1.1 billion for Q1 2026.
- On a quarterly basis, Operating Expenses fell 8.38% year-over-year to -$1.1 billion in Q1 2026; TTM through Mar 2026 was -$1.1 billion, a 11.37% decrease from a year earlier, with the FY2025 full-year figure at -$657.8 million, changed 0.48% from the prior year.
- Operating Expenses slipped to -$1.1 billion in Q1 2026 per SHG's latest filing, from -$33.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$21.8 million in Q1 2023 and bottomed at -$1.1 billion in Q1 2026.
- The 5-year median for Operating Expenses is -$27.1 million (2022), against an average of -$210.9 million.
- Across the five-year window, Operating Expenses grew 6.32% in 2023 and sank 3862.55% in 2025, its largest moves.
- Year by year, Operating Expenses stood at -$510.1 million in 2022, then slipped by 1.78% to -$519.1 million in 2023, then soared by 94.65% to -$27.8 million in 2024, then fell by 19.66% to -$33.3 million in 2025, then plunged by 3079.23% to -$1.1 billion in 2026.
- Per Business Quant, the three latest SHG Operating Expenses figures stand at -$1.1 billion (Q1 2026), -$33.3 million (Q4 2025), and -$28.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | Itau Unibanco Holding | 89.22 Bn | 46.51 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.06 Bn |
| Dec 31, 2025 | -33.26 Mn |
| Sep 30, 2025 | -28.45 Mn |
| Jun 30, 2025 | -27.42 Mn |
| Mar 31, 2025 | -975.62 Mn |
| Sep 30, 2024 | -27.79 Mn |
| Jun 30, 2024 | -26.03 Mn |
| Mar 31, 2024 | -24.62 Mn |
| Dec 31, 2023 | -519.14 Mn |
| Sep 30, 2023 | -23.46 Mn |
| Jun 30, 2023 | -26.35 Mn |
| Mar 31, 2023 | -21.75 Mn |
| Dec 31, 2022 | -510.08 Mn |
| Sep 30, 2022 | -23.75 Mn |
| Jun 30, 2022 | -26.83 Mn |
| Mar 31, 2022 | -23.22 Mn |
| Sep 30, 2021 | -25.20 Mn |
| Jun 30, 2021 | -24.48 Mn |
| Mar 31, 2021 | -23.43 Mn |
| Dec 31, 2020 | 5.89 Bn |