September 18, 2014 2:00 PM ET

Banks

Company Overview of Shinhan Bank

Company Overview

Shinhan Bank, together with its subsidiaries, provides a range of commercial and other banking services to retail and corporate customers in Korea and internationally. It offers corporate banking and treasury services to corporations, including small or medium sized companies and businesses related to investment banking; internal asset and liability management; trading of securities and derivatives; and investment portfolio management and other related activities. The company also provides retail banking services to individual customers, wealth management customers, and institutions, such as hospitals, airports, and schools. In addition, it is engaged in international bank services, as well ...

20, Sejong-Daero 9-Gil

Jung-Gu

Seoul,  100-724

South Korea

Founded in 1897

13,440 Employees

Key Executives for Shinhan Bank

Chief Executive Officer
Age: 63
Deputy President and Non-Director Executive Officer
Age: 57
Deputy President
Age: 55
Executive Vice President and Non-Director Executive Officer
Age: 54
Executive Vice President and Non-Director Executive Officer
Age: 53
Compensation as of Fiscal Year 2014.

Shinhan Bank Key Developments

Shinhan Bank Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2013

Shinhan Bank announced audited consolidated earnings results for the year ended December 31, 2013. For the year, the company reported net interest income of KRW 4,350,548 million compared to KRW 4,768,439 million a year ago. Operating income was KRW 1,719,972 million compared to KRW 2,078,123 million a year ago. Profit before income taxes was KRW 1,728,013 million compared to KRW 2,081,185 million a year ago. Profit from continuing operations was KRW 1,373,176 million compared to KRW 1,655,408 million a year ago. Profit for the year was KRW 1,373,176 million compared to KRW 1,662,719 million a year ago. Profit attributable to equity holder of the bank was KRW 1,373,017 million or KRW 782 per basic and diluted share compared to KRW 1,662,546 or KRW 951 per basic and diluted share million a year ago. Net cash used in operating activities was KRW 2,974,990 million compared to cash provided by operating activities of KRW 5,548,652 million a year ago. Acquisitions of property and equipment was KRW 195,939 million compared to KRW 201,794 million a year ago. Acquisitions of intangible assets was KRW 78,471 million compared to KRW 37,170 million a year ago.

Shinhan Bank Announces Consolidated Earnings Results for the Second Quarter and Half Year of 2014

Shinhan Bank announced consolidated earnings results for the second quarter and half year of 2014. For the quarter, the company reported revenue of KRW 4,031,306 million against KRW 4,618,735 million a year ago. Operating income was KRW 509,186 million against KRW 438,474 million a year ago. Income before income taxes was KRW 522,156 million against KRW 454,307 million a year ago. Net income attributable to controlling interest was KRW 416,954 million against KRW 360,972 million a year ago. For the half year, the company reported revenue of KRW 7,668,405 million against KRW 9,166,131 million a year ago. Operating income was KRW 1,042,859 million against KRW 852,572 million a year ago. Income before income taxes was KRW 1,062,912 million against KRW 878,576 million a year ago. Net income attributable to controlling interest was KRW 841,872 million against KRW 698,922 million a year ago.

Shinhan Bank Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2014

Shinhan Bank reported unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported operating income of KRW 3,641,514 million against KRW 4,130,908 million a year ago. Net income was KRW 425,157 million against KRW 337,995 million a year ago. Total comprehensive income was KRW 421,837 million against KRW 375,395 million a year ago.

Similar Private Companies By Industry

Company Name Region
Shinmin Mutual Savings Bank Co., Ltd. Asia
Yehansoul Savings Bank Asia
SBI 4 Savings Bank Asia
Hana Savings Bank Asia
Nonghyup Bank Asia

Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 30, 2014
Clean & Science Co., Ltd.
Merger/Acquisition
July 14, 2014
Hanchang Paper Co., Ltd.
Merger/Acquisition
June 25, 2014
HOTEL SEVENSTREET Co.,Ltd.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Shinhan Bank, please visit www.shinhan.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.