Shinhan Financial Group Co., Ltd. · KRX:055550

Shinhan Financial — Q3 2025 Earnings Presentation

31 slides from Shinhan Financial's earnings presentation, Oct 28, 2025

  1. Slide 1: Business Results 3Q 2025

    Business Results 3Q 2025 @ Shinhan Financial Group Creative

  2. Slide 2: 3Q25 Highlight

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix CET1 Ratio (Preliminary) DPS 3Q25 Net Income / EPS 13.56% (Δ6bp QoQ) KRW 570 (Record Date: November 4 ) th 1.42 Wtn / KRW 12,196 RWA Share Buyback for FY2025 ROE / ROTCE (3Q25) 348.0 Wtn (+2.3% QoQ) 1.25 Wtn (Completion Rate 74.4%) 11.1% / 1

  3. Slide 3: Balance Sheet ① Capital

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Balance Sheet_ ① Capital (Wbn) 2025.09 2024.12 2025.06 YTD YTD % QoQ QoQ % CET1 Ratio (%, %p) Risk Weighted Assets 348,064.4 342,375.3 5,689.2 1.7% 340,001.5 8,062.9 2.4%  Increase  Decrease  Total Shareholder Return Total Equity 56,032.1

  4. Slide 4: Balance Sheet ② Assets and Liabilities

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Balance Sheet_ ② Assets and Liabilities (Wbn) 2025.09 2024.12 2025.06 YTD YTD% QoQ QoQ % (Wtn) Group Total Assets Group Total Assets 782,940.3 739,764.3 43,176.1 5.8% 752,691.5 30,248.9 4.0%  Securities*  Loans  Others +0.9% +0.9% +4.0% L

  5. Slide 5: Profit and Loss ① Income

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Profit and Loss_ ① Income 3Q25 3Q24 (Wbn) 3Q25 2Q25 YTD YTD YoY YoY % QoQ QoQ % (Wbn) Operating Income before Expenses / Net Income Operating Income before Expenses 11,835.6 11,514.5 321.1 2.8% 3,912.4 4,129.0 Δ216.5 Δ5.2%  Operating Income

  6. Slide 6: Profit and Loss ② Interest Income

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Profit and Loss_ ② Interest Income 3Q25 3Q24 (Wbn) 3Q25 2Q25 YTD YTD YoY YoY % QoQ QoQ % (Wbn) Interest Revenue 20,937.8 21,838.1 Δ900.3 Δ4.1% 6,902.7 6,967.2 Δ64.4 Δ0.9% Interest Income  Bank  Non-bank Loans 16,039.8 16,848.6 Δ808.8 Δ4.8%

  7. Slide 7: Profit and Loss ③ Non-interest Income

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Profit and Loss_ ③ Non-interest Income 3Q25 3Q24 (Wbn) 3Q25 2Q25 YTD YTD YoY YoY % QoQ QoQ % (Wbn, %) Non-interest Income Non-interest Income 3,169.2 3,021.8 147.5 4.9% 964.9 1,265.0 Δ300.2 Δ23.7%  Fees & Commission  Securities & FX/Deriva

  8. Slide 8: Profit and Loss ④ G&A Expenses and Credit Costs

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Profit and Loss_ ④ G&A Expenses and Credit Costs 3Q25 3Q24 (Wbn) 3Q25 2Q25 YTD YTD YoY YoY % QoQ QoQ % (Wbn, %) G&A / CIR G&A Expenses 4,418.3 4,333.1 85.2 2.0% 1,518.2 1,486.1 32.1 2.2%  G&A Expenses (Group)  CIR (Group) * 45.2 45.3 43.9

  9. Slide 9: Note: Asset Quality

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Note_ Asset Quality (Wbn) 2025.09 2024.12 2025.06 YTD YTD % QoQ QoQ % (Wbn, %) NPL Coverage Ratio Total Loans (Group)* 436,878.7 427,482.5 9,393.2 2.2% 428,781.5 8,097.2 1.9%  NPL Coverage Ratio  Total Substandard & Below Loans  Loan Loss

  10. Slide 10: Note: Loss Absorption Capacity and Write-off/Disposition Status

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Note_ Loss Absorption Capacity and Write-off/Disposition Status (Wbn, %) 2021.12 2022.12 2023.12 2024.03 2024.06 2024.09 2024.12 2025.03 2025.06 2025.09 Group Total Loans 374,557.0 392,401.5 392,611.2 403,772.2 416,108.4 425,534.4 427,482.5

  11. Slide 11: Profit and Loss ⑤ Net Income by Subsidiaries and Overseas Business

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Profit and Loss _ ⑤ Net Income by Subsidiaries and Overseas Business* 3Q25 3Q24 (Wbn) 3Q25 2Q25 YTD YTD YoY YoY % QoQ QoQ % (Wbn,%) Net Income by Business Unit** Bank 3,368.3 3,112.2 256.2 8.2% 1,093.5 1,143.9 Δ50.4 Δ4.4%  Bank  Consumer F

  12. Slide 12: Digital / SDGs ① Digital, Digital to Value

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Digital / SDGs_ ① Digital, Digital to Value (Wbn) SFG Gross MAU 1 (in thousand persons) Financial Contribution  Finance Platform  Non-finance platform Digital Operating Profit before Expenses 2 Digital Cost Efficiency3 29,330 1,751 27,500

  13. Slide 13: Digital / SDGs ② SDGs Initiatives

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Digital / SDGs _ ② SDGs Initiatives CO2 Emissions Green Finance (Wtn) Inclusive Finance (Wtn) Scope 1+2 Emissions  Target  Emissions  Green Finance (New)  Green Finance (cumulative)  Inclusive Finance (New) (thousand tCO2eq) 101.2 100.1

  14. Slide 14: Value-up Plan ① Enhancing ROE·ROTCE Based on Stable CET1 Ratio

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Value-up Plan ①_ Enhancing ROE·ROTCE Based on Stable CET1 Ratio (Wtn) (Wtn) (Wtn) ROE * Group ROTCE * CET1 Ratio *  Common Equity(Avg.)  Common Net Income  ROE  Common Equity(Avg., excluding intangible assets)  RWA  CET1 Capital  CET1

  15. Slide 15: Value-up Plan ② Accelerating Shareholder Returns

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Value-up Plan ②_ Accelerating Shareholder Returns Shareholder Return Policy Shareholder Return Trend (Wbn)  Cash Dividend  Share Buyback  Shareholder Return Rate Consistent Policy 40.2% • Continuous enhancement • Simultaneous cash dividen

  16. Slide 16: Value-up Plan ③ Improving TBPS by reducing number of shares

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Value-up Plan ③_ Improving TBPS by reducing number of shares (Thousand Shares) (KRW) Share Buyback and Cancellations TBPS  Shares Outstanding  Number of Treasury Shares Acquired  TBPS (BPS) * Target +7,849 +7,453 (+7.8%) 130,000 +7,278 (+

  17. Slide 17: Key takeaways: 2025 Plan

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Key takeaways _ 2025 Plan Committed to the full-scale execution of our 'Value-Up Plan’ based on robust fundamental capabilities to boost ROE and swift implementation of shareholder return measures ROE Shareholder Return Ratio Total Shares CE

  18. Slide 18: Appendix

    Appendix

  19. Slide 19: Appendix ① Financial Highlights by Subsidiaries

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Appendix_ ① Financial Highlights by Subsidiaries (Wbn) Ownership Total Assets Shareholder’s Equity Net Income* ROA ROE Bank 602,241.3 39,013.5 3,368.3 Shinhan Bank 100.0% 594,517.3 38,363.6 3,356.1 0.79% 11.47% Jeju bank 64.0% 7,724.0 649.9

  20. Slide 20: Appendix ② SFG Subsidiaries Asset

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Appendix_ ② SFG Subsidiaries Asset 2025.09 (Wbn) 2025.09 2024.12 2025.06 YTD YTD % QoQ QoQ % Weight % Bank 602,241.3 564,135.9 38,105.4 6.8% 575,189.9 27,051.4 4.7% 76.9% Shinhan Bank 594,517.3 556,691.2 37,826.2 6.8% 567,584.9 26,932.4 4.7%

  21. Slide 21: Appendix ③ Shinhan Bank Income

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Appendix_ ③ Shinhan Bank Income 3Q25 3Q24 (Wbn) 3Q25 2Q25 3Q24 YTD YTD YoY YoY % QoQ QoQ % Q/Q Q/Q % Operating Income 7,708.1 7,282.0 426.1 5.9% 2,569.7 2,663.2 Δ93.5 Δ3.5% 2,496.0 73.7 3.0% Interest Income 6,774.4 6,604.5 169.9 2.6% 2,309.2

  22. Slide 22: Appendix ④ Shinhan Card Income

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Appendix_ ④ Shinhan Card Income 3Q25 3Q24 (Wbn) 3Q25 2Q25 3Q24 YTD YTD YoY YoY % QoQ QoQ % Q/Q Q/Q % Operating Revenue 4,554.5 4,341.7 212.8 4.9% 1,318.8 1,760.3 Δ441.6 Δ25.1% 1,259.2 59.5 4.7% Card Business 2,434.5 2,435.1 Δ0.6 Δ0.0% 799.5

  23. Slide 23: Appendix ⑤ Shinhan Securities Income

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Appendix_ ⑤ Shinhan Securities Income 3Q25 3Q24 (Wbn) 3Q25 2Q25 3Q24 YTD YTD YoY YoY % QoQ QoQ % Q/Q Q/Q % Operating Revenue 1,270.7 1,136.9 133.7 11.8% 434.7 467.1 Δ32.5 Δ7.0% 371.3 63.3 17.0% Fee & Commission 637.9 547.1 90.8 16.6% 245.9 1

  24. Slide 24: Appendix ⑥ Shinhan Life Insurance Income

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Appendix_ ⑥ Shinhan Life Insurance Income 3Q25 3Q24 (Wbn) 3Q25 2Q25 3Q24 YTD YTD YoY YoY % QoQ QoQ % Q/Q Q/Q % APE* 1,239.9 1,215.5 24.4 2.0% 552.8 329.4 223.5 67.8% 411.2 141.6 34.4% Protection 1,128.8 1,158.4 Δ29.5 Δ2.5% 503.2 292.5 210.7

  25. Slide 25: Appendix ⑦ Shinhan Capital Income

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Appendix_ ⑦ Shinhan Capital Income 3Q25 3Q24 (Wbn) 3Q25 2Q25 3Q24 YTD YTD YoY YoY % QoQ QoQ % Q/Q Q/Q % Operating Income before Expenses 301.8 322.2 Δ20.4 Δ6.3% 102.7 123.7 Δ21.0 Δ17.0% 72.0 30.8 42.8% Interest Income 352.0 415.8 Δ63.9 Δ15.4

  26. Slide 26: Appendix ⑧ Shinhan Bank Loans & Deposits

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Appendix_ ⑧ Shinhan Bank Loans & Deposits 2025.09 (Wbn) 2025.09 2024.12 2025.06 YTD YTD % QoQ QoQ % Weight % Loans in KRW 331,479.7 320,223.3 11,256.4 3.5% 322,827.0 8,652.7 2.7% 100.0% Retail 146,573.8 139,473.9 7,099.8 5.1% 142,128.1 4,445

  27. Slide 27: Appendix ⑨ Shinhan Bank Loans (Retail & Large Corporates)

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Appendix_ ⑨ Shinhan Bank Loans (Retail & Large Corporates) Delinquency Rate (Wbn) 2025.09 Weight % 2024.12 2025.06 YTD YTD % QoQ QoQ % 2024.9 2024.12 2025.03 2025.06 2025.09 Mortgage Loans 74,582.3 50.9% 71,503.0 3,079.3 4.3% 71,778.2 2,804.

  28. Slide 28: Appendix ⑨ Shinhan Bank Loans (SME)

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Appendix_ ⑨ Shinhan Bank Loans (SME) Delinquency Rate (Wbn) 2025.09 Weight % 2024.12 2025.06 YTD YTD % QoQ QoQ % 2024.9 2024.12 2025.03 2025.06 2025.09 SME Total 143,931.9 100.0% 140,618.1 3,313.8 2.4% 141,120.7 2,811.1 2.0% 0.39% 0.37% 0.49

  29. Slide 29: Appendix ⑩ Shinhan Card Assets and Funding

    3Q25 Highlight B/S P&L Digital/SDGs Value-up Plan Appendix Appendix_ ⑩ Shinhan Card Assets and Funding 2025.09 (Wbn, %) 2025.9 2024.12 2025.06 YTD YTD % QoQ QoQ % Weight % Earning Assets 39,050.1 40,199.2 Δ1,149.1 Δ2.9% 39,530.4 Δ480.3 Δ1.2% 100.0% Credit Purchase 18,491.4 18,586.6 Δ95.2 Δ0.5% 18,42

  30. Slide 30: Disclaimer

    Disclaimer The financial information contained herein has not been reviewed by independent auditors. Therefore, no assurance is given that the financial information is accurate or complete, and such financial information may differ from the financial information to be contained in our financial stat

  31. Slide 31: Additional Notes

    Additional Notes Notes on ‘Digital, Digital to Value’ (p.12) Note1) SFG Gross MAU’ is the sum of the MAU of Shinhan’s financial platforms and the MAU of Shinhan’s non-financial platforms. The MAU figures are based on managed data. * The MAU figures for financial platform represent the sum of MAUs of

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