Shinhan Financial Group Co., Ltd. · KRX:055550
Shinhan Financial — FY2025 Earnings Presentation
33 slides from Shinhan Financial's earnings presentation, Feb 5, 2026
Slide 1: Business Results FY 2025
Business Results FY 2025 @ Shinhan Financial Group Creative
Slide 2: FY2025 Highlight
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix CET1 Ratio (Preliminary) Quarterly DPS + Additional DPS FY2025 Net Income / EPS 13.33%(Δ22bp QoQ, +32bp YTD) KRW 570 + 310(Record Date: Feb 20 ) th 4.97 Wtn / KRW 10,220 RWA Share Buyback & Cancellation
Slide 3: FY2026 Capital Policy: Additional Cash Dividend
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix In consideration of the tax reform To become leading dividend stock for retail investors To enhance per-share value Following early achievement of the Total Shareholder Return Ratio(50%) target Additiona
Slide 4: Balance Sheet ① Capital
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Balance Sheet_ ① Capital (Wbn) 2025.12 2024.12 2025.09 YTD YTD % QoQ QoQ % CET1 Ratio (%, %p) Risk Weighted Assets 353,335.0 342,375.3 10,959.7 3.2% 348,200.9 5,134.1 1.5% Increase Decrease Total S
Slide 5: Balance Sheet ② Assets and Liabilities
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Balance Sheet_ ② Assets and Liabilities (Wbn) 2025.12 2024.12 2025.09 YTD YTD% QoQ QoQ % (Wtn) Group Total Assets Group Total Assets 786,013.5 739,764.3 46,249.2 6.3% 782,940.3 3,073.2 0.4% Securities*
Slide 6: Profit and Loss ① Income
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Profit and Loss_ ① Income (Wbn) FY2025 FY2024 4Q25 3Q25 YoY YoY % QoQ QoQ % (Wbn) Operating Income before Expenses / Net Income Operating Income before Expenses 15,438.6 14,674.3 764.3 5.2% 3,603.0 3,912
Slide 7: Profit and Loss ② Interest Income
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Profit and Loss_ ② Interest Income (Wbn) FY2025 FY2024 4Q25 3Q25 YoY YoY % QoQ QoQ % (Wbn) Interest Revenue 27,988.8 29,209.3 Δ1,220.5 Δ4.2% 7,051.0 6,902.7 148.2 2.1% Interest Income Bank Non-bank L
Slide 8: Profit and Loss ③ Non-interest Income
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Profit and Loss_ ③ Non-interest Income (Wbn) FY2025 FY2024 4Q25 3Q25 YoY YoY % QoQ QoQ % (Wbn, %) Non-interest Income Non-interest Income 3,744.2 3,272.0 472.1 14.4% 574.9 964.9 Δ389.9 Δ40.4% Fees & Co
Slide 9: Profit and Loss ④ G&A Expenses and Credit Costs
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Profit and Loss_ ④ G&A Expenses and Credit Costs (Wbn) FY2025 FY2024 4Q25 3Q25 YoY YoY % QoQ QoQ % (Wbn, %) G&A / CIR G&A Expenses 6,402.5 6,116.2 286.3 4.7% 1,984.2 1,518.2 466.0 30.7% G&A Expenses (G
Slide 10: Note: Asset Quality
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Note_ Asset Quality (Wbn) 2025.12 2024.12 2025.09 YTD YTD % QoQ QoQ % (Wbn, %) NPL Coverage Ratio Total Loans (Group)* 445,098.6 427,482.5 17,616.1 4.1% 436,878.7 8,219.9 1.9% NPL Coverage Ratio Tota
Slide 11: Note: Loss Absorption Capacity and Write-off/Disposition Status
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Note_ Loss Absorption Capacity and Write-off/Disposition Status (Wbn, %) 2022.12 2023.12 2024.03 2024.06 2024.09 2024.12 2025.03 2025.06 2025.09 2025.12 Group Total Loans 392,401.5 392,611.2 403,772.2 41
Slide 12: Profit and Loss ⑤ Net Income by Subsidiaries and Overseas Business
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Profit and Loss _ ⑤ Net Income by Subsidiaries* and Overseas Business (Wbn) FY25 FY24 4Q25 3Q25 YoY YoY % QoQ QoQ % (Wbn,%) Net Income by Business Unit** Bank 3,788.7 3,705.9 82.8 2.2% 420.4 1,093.5 Δ673
Slide 13: 2026 Forecast
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix 2026 Forecast GDP Growth Rate Interest Rate FX Real Estate USD Rebounded to BOK maintained Housing weakening rate on hold, market remains 1.8%, but still trend, Key Metrics while the 3 year polarized, wi
Slide 14: 2026 Forecast
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix 2026 Forecast Capital Adequacy ROE Operating Profit Cost Factors Productive CIR in the CET1 13.1% Steady low 40% range, Finance Financial & Improvement / Non-interest CCR in the Management Maintain Towar
Slide 15: Digital / SDGs ① Digital, Digital to Value
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast 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
Slide 16: Digital / SDGs ② SDGs Initiatives
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast 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 Finan
Slide 17: Value-up Plan ① Enhancing ROE·ROTCE Based on Stable CET1 Ratio
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast 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 intangib
Slide 18: Value-up Plan ② Accelerating Shareholder Returns
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast 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 50.2% • Continuous e
Slide 19: Value-up Plan ③ Improving TBPS by reducing number of shares
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast 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 5
Slide 20: Appendix
Appendix
Slide 21: Appendix ① Financial Highlights by Subsidiaries
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Appendix_ ① Financial Highlights by Subsidiaries (Wbn) Ownership Total Assets Shareholder’s Equity Net Income* ROA ROE Bank 604,987.2 39,101.0 3,788.7 Shinhan Bank 100.0% 596,967.3 38,453.7 3,774.8 0.65%
Slide 22: Appendix ② SFG Subsidiaries Asset
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Appendix_ ② SFG Subsidiaries Asset 2025.12 (Wbn) 2025.12 2024.12 2025.09 YTD YTD % QoQ QoQ % Weight % Bank 604,987.2 564,135.9 40,851.3 7.2% 602,241.3 2,745.9 0.5% 76.9% Shinhan Bank 596,967.3 556,691.2
Slide 23: Appendix ③ Shinhan Bank Income
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Appendix_ ③ Shinhan Bank Income (Wbn) FY25 FY24 4Q25 3Q25 4Q24 YoY YoY % QoQ QoQ % Q/Q Q/Q % Operating Income 10,114.7 9,357.6 757.1 8.1% 2,406.6 2,569.7 Δ163.1 Δ6.3% 2,075.6 331.0 15.9% Interest Income
Slide 24: Appendix ④ Shinhan Card Income
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Appendix_ ④ Shinhan Card Income (Wbn) FY25 FY24 4Q25 3Q25 4Q24 YoY YoY % QoQ QoQ % Q/Q Q/Q % Operating Revenue 5,932.8 6,197.5 Δ264.7 Δ4.3% 1,378.3 1,318.8 59.5 4.5% 1,855.8 Δ477.5 Δ25.7% Card Business 3
Slide 25: Appendix ⑤ Shinhan Securities Income
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Appendix_ ⑤ Shinhan Securities Income (Wbn) FY25 FY24 4Q25 3Q25 4Q24 YoY YoY % QoQ QoQ % Q/Q Q/Q % Operating Revenue 1,633.3 1,390.7 242.5 17.4% 362.6 434.7 Δ72.0 Δ16.6% 253.8 108.8 42.9% Fee & Commissio
Slide 26: Appendix ⑥ Shinhan Life Insurance Income
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Appendix_ ⑥ Shinhan Life Insurance Income (Wbn) FY25 FY24 4Q25 3Q25 4Q24 YoY YoY % QoQ QoQ % Q/Q Q/Q % APE* 1,720.9 1,579.6 141.4 8.9% 481.1 552.8 Δ71.7 Δ13.0 364.1 117.0 32.1% Protection 1,534.1 1,502.9
Slide 27: Appendix ⑦ Shinhan Capital Income
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Appendix_ ⑦ Shinhan Capital Income (Wbn) FY25 FY24 4Q25 3Q25 4Q24 YoY YoY % QoQ QoQ % Q/Q Q/Q % Operating Income before Expenses 442.3 364.5 77.9 21.4% 140.5 102.7 37.8 36.7% 42.2 98.3 232.6% Interest In
Slide 28: Appendix ⑧ Shinhan Bank Loans & Deposits
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Appendix_ ⑧ Shinhan Bank Loans & Deposits 2025.12 (Wbn) 2025.12 2024.12 2025.09 YTD YTD % QoQ QoQ % Weight % Loans in KRW 334,216.2 320,223.3 13,992.9 4.4% 331,479.7 2,736.5 0.8% 100.0% Retail 146,410.6
Slide 29: Appendix ⑨ Shinhan Bank Loans (Retail & Large Corporates)
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Appendix_ ⑨ Shinhan Bank Loans (Retail & Large Corporates) Delinquency Rate (Wbn) 2025.12 Weight % 2024.12 2025.09 YTD YTD % QoQ QoQ % 2024.12 2025.03 2025.06 2025.09 2025.12 Mortgage Loans 74,187.5 50.7
Slide 30: Appendix ⑨ Shinhan Bank Loans (SME)
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Appendix_ ⑨ Shinhan Bank Loans (SME) Delinquency Rate (Wbn) 2025.12 Weight % 2024.12 2025.09 YTD YTD % QoQ QoQ % 2024.12 2025.03 2025.06 2025.09 2025.12 SME Total 145,107.8 100.0% 140,618.1 4,489.7 3.2%
Slide 31: Appendix ⑩ Shinhan Card Assets and Funding
FY2025 Highlight FY2026 Capital Policy B/S P&L 2026 Forecast Digital/SDGs Value-up Plan Appendix Appendix_ ⑩ Shinhan Card Assets and Funding 2025.12 (Wbn, %) 2025.12 2024.12 2025.09 YTD YTD % QoQ QoQ % Weight % Earning Assets 39,206.2 40,199.2 Δ993.0 Δ2.5% 39,050.1 156.1 0.4% 100.0% Credit Purchase
Slide 32: 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
Slide 33: Additional Notes
Additional Notes Notes on ‘Digital, Digital to Value’ (p.15) 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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