Search results for Shinhan Value Up 2.0
Finance
Shinhan Financial first-half net profit rises 13.3 percent on strong brokerage
Shinhan Financial Group posted a record first-half net profit of 3.44 trillion won, up 13.3 percent from a year earlier, helped by growth in its capital markets businesses such as brokerage and asset management. Net interest income rose 7.7 percent and non-interest income increased 19.7 percent, lifting the non-interest share of total earnings to 30 percent. The board set a second-quarter dividend of 740 won per share and plans additional share buybacks and cancellation.
Finance
Shinhan Financial chairman Jin Ok-dong begins North America investor roadshow on \'Value Up 2.0\'
Shinhan Financial Group Chairman Jin Ok-dong (진옥동) will visit the United States, Mexico and Canada from May 10 to May 22 to hold investor relations meetings with overseas institutional investors, the group said on Saturday. The briefings will outline the group’s mid- to long-term corporate value enhancement strategy and shareholder return direction under its recently announced \'Shinhan Value Up 2.0\' plan. Jin will also discuss the impact of prolonged U.S.-Iran war-related volatility on global financial markets and the financial industry.
Finance
Four major financial groups\' Q1 results split as AI, digital finance spread
South Korea\'s financial sector has entered the first-quarter earnings season, with non-interest income and non-bank units driving diverging results among major financial holding companies. KB Financial Group, Shinhan Financial Group and Hana Financial Group posted record results, while Woori Financial Group recorded a decline. Strong stock markets lifted securities firms\' earnings, and new savings and investment products were launched. The industry is also accelerating a shift toward AI and digital finance, alongside calls for stronger controls and risk management.