Shinhan Financial: Q1 Earnings Snapshot

SEOUL, Korea, Republic Of (AP) — SEOUL, Korea, Republic Of (AP) — Shinhan Financial Group Co. (SHG) on Thursday reported net income of $1.09 billion in its first quarter.

The bank, based in Seoul, Korea, Republic Of, said it had earnings of $2 per share.

The financial services company posted revenue of $5.78 billion in the period. Its revenue net of interest expense was $2.7 billion, exceeding Street forecasts.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHG at https://www.zacks.com/ap/SHG

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up