Shinhan Financial: Focus On Q1 Earnings And Peer Valuation Gap
2025-04-15 11:55:11 ET
Summary
- I continue to rate SHG as a buy after previewing its results and doing a peer comparison exercise.
- Shinhan is expected to deliver positive earnings growth again in the first quarter of this year, in contrast with its bottom-line contractions for both 4Q24 and 1Q24.
- The stock is trading at a huge discount to its peer KB Financial based on the P/NAV metric, which I view as unjustified.
I still have a bullish opinion of Shinhan Financial Group Co., Ltd. ( SHG ) (055550.KS) or "SFGCL"....
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Shinhan Financial: Focus On Q1 Earnings And Peer Valuation GapNASDAQ: SHG
SHG Trading
-0.89% G/L:
$60.886 Last:
77,298 Volume:
$61.25 Open:



