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Shinhan Financial: Focus On Q1 Earnings And Peer Valuation Gap

Source: SeekingAlpha

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"....

Read the full article on Seeking Alpha

For further details see:

Shinhan Financial: Focus On Q1 Earnings And Peer Valuation Gap
Shinhan Financial Group Co Ltd American Depositary Shares

NASDAQ: SHG

SHG Trading

-0.89% G/L:

$60.886 Last:

77,298 Volume:

$61.25 Open:

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SHG Latest News

SHG Stock Data

$33,534,493,098
465,837,959
N/A
114
N/A
Banking
Finance
KR
Seoul

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