Shinhan Financial (SHG) Wages, Salaries and Other (2012 - 2025)
Shinhan Financial's Wages, Salaries and Other came in at $3.36 million for the quarter ended Jun 30, 2025, up 194.1% from $1.14 million a year earlier and up 606.8% from the prior quarter.
Shinhan Financial (SHG) Wages, Salaries and Other (2012 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2025, Shinhan Financial reported Wages, Salaries and Other of $7.89 million, up 74.5% year-over-year; for the year ended Dec 31, 2020, it was $149.17 million, down 7.9% from the prior year.
- Wages, Salaries and Other carries a five-year compound annual growth rate of -1.9% (years ended Dec 2015 to Dec 2020).
- Going back by year, Wages, Salaries and Other was $161.91 million in the year ended Dec 31, 2019 (+14.3%), $141.68 million in the year ended Dec 31, 2018 (-31.2%), $206.05 million in the year ended Dec 31, 2017 (+17.1%) and $175.9 million in the year ended Dec 31, 2016 (+7.2%).
- The figure for the quarter ended Jun 30, 2025 represents the highest quarterly Wages, Salaries and Other since the quarter ended Dec 31, 2020.
- Year-over-year, Wages, Salaries and Other increased in five of the last six quarters, with growth averaging 115.3%.
- The fastest year-over-year change in Wages, Salaries and Other over five years came in the quarter ended Sep 30, 2023 (growth of 249.3%), and the weakest in the quarter ended Sep 30, 2022 (a decline of 76.3%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Wages (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 15.16 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | -104.91 Bn |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 10.99 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 8.19 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 6.10 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 8.85 Bn |
| 10 | Shinhan Financial | 37.22 Bn | 38.83 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 3.36 Mn |
| Mar 31, 2025 | 476,095.94 |
| Sep 30, 2024 | 2.90 Mn |
| Jun 30, 2024 | 1.14 Mn |
| Mar 31, 2024 | 1.78 Mn |
| Sep 30, 2023 | 1.07 Mn |
| Jun 30, 2023 | 525,820.92 |
| Mar 31, 2023 | 1.35 Mn |
| Sep 30, 2022 | 305,183.52 |
| Jun 30, 2022 | 482,691.88 |
| Mar 31, 2022 | 2.26 Mn |
| Sep 30, 2021 | 1.29 Mn |
| Jun 30, 2021 | 1.96 Mn |
| Mar 31, 2021 | 2.12 Mn |
| Dec 31, 2020 | 156.92 Mn |
| Sep 30, 2020 | 474,971.24 |
| Jun 30, 2020 | 970,775.96 |
| Mar 31, 2020 | -1.39 Mn |
| Dec 31, 2019 | 156.25 Mn |
| Sep 30, 2019 | 545,339.60 |
Shinhan Financial Wages, Salaries and Other API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=wages-salaries-and-other&ticker=SHG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "ticker": "SHG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=wages-salaries-and-other&ticker=SHG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();