
Shinhan Financial Group Reports Change in Largest Shareholder’s Stake

Shinhan Financial Group Co. announced a decrease in shares held by its largest shareholder, Korea’s National Pension Service (NPS), from 44,311,470 shares (9.13%) to 44,159,384 shares (9.10%). This minor adjustment may impact shareholder dynamics. Analysts rate SHG stock as a Buy with a $58.00 price target, citing strong technical indicators but noting cash flow challenges and asset quality concerns. Shinhan Financial Group is a major financial services provider in Korea, with a market cap of $25.47B.
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Shinhan Financial Group Co ( (SHG) ) just unveiled an update.
On November 12, 2025, Shinhan Financial Group Co., Ltd. announced a decrease in the number of common shares owned by its largest shareholder, Korea’s National Pension Service (NPS). The NPS’s holdings reduced from 44,311,470 shares, representing 9.13% as of September 30, 2025, to 44,159,384 shares, representing 9.10% as of November 4, 2025. This change reflects a minor adjustment in the shareholder registry, which may have implications for the company’s shareholder dynamics and market perception.
The most recent analyst rating on (SHG) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.
Spark’s Take on SHG Stock
According to Spark, TipRanks’ AI Analyst, SHG is a Outperform.
Shinhan Financial Group’s stock is supported by strong technical indicators and attractive valuation metrics. However, financial performance is hindered by cash flow challenges and moderate leverage. The earnings call provided a mixed outlook with both positive shareholder returns and concerns over asset quality and income decline.
To see Spark’s full report on SHG stock, click here.
More about Shinhan Financial Group Co
Shinhan Financial Group Co., Ltd. is a leading financial services provider based in Seoul, Korea. The company operates in the financial industry, offering a wide range of services including banking, insurance, and investment management. It focuses on serving both domestic and international markets, leveraging its extensive network and expertise to deliver comprehensive financial solutions.
Average Trading Volume: 223,057
Technical Sentiment Signal: Buy
Current Market Cap: $25.47B

