Shinhan Financial Group Co Ltd (SHG) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

This meeting is being archived. Hello, it's been a while. I'm Park Cheol Woo, in charge of IRPART. Are you preparing for your vacation? Before the summer vacation season, I would like to thank everyone who attended the 2nd quarter performance announcement in 2026. Today's performance announcement includes Group CFO Jang Jung-won, Group CSO Ko Seok-heon, Group AX Digital, Choi Yeok-jae, Group CRO Na Eun-pa, Shinhan Bank CFO Kang Young-hoon, Shinhan Card CFO Lee Jung-bin, Shinhan Investment CFO Lee Jae-sung, and Shinhan Life CFO Joo Sung-hwan. I would like to ask for your interest and participation in today's meeting. Today's performance announcement is about the 2nd quarter of 2016. Group CFO's presentation will be held first, and then we will have a Q&A time with you. Then, we will have a presentation on Jang Jong-won's management performance. Hello, I'm Jung Hoon Jang, CFO of Shinang Financial Group Co Ltd. First of all, I would like to thank everyone who participated in the 2nd quarter of 2026. Now, I would like to explain about the business performance of the 2nd quarter of 2026. This page is the highlight of the business performance. As of the end of the second quarter of 2026, the Group CET1 ratio remains stable at 13.43% despite the uncertainty of the exchange rate. On Friday, the Group's board of directors agreed to receive 7,000 billion won of their own stocks for about three months based on a solid capital ratio and to pay 740 won of the second quarter's main cash deposit. As of October 2026, the amount of self-subsidized stocks became a total of 1.4 trillion won, and we are planning to announce additional self-subsidized stocks in the fourth quarter considering the expected annual performance and capital accuracy. For reference, the original delivery date i...