Shinhan Financial Group posted a record-high net profit last year, nearing KRW 5 trillion.

Shinhan Financial announced in a filing on the 5th that net profit for 2025 came to KRW 4.9716 trillion. This is an all-time high, up 11.7% from the previous year (KRW 4.4502 trillion).

However, fourth-quarter net profit last year was KRW 510.6 billion, down 64.1% from the third quarter (KRW 1.4235 trillion). Shinhan Financial explained that one-off costs stemming from seasonal factors such as voluntary retirement were reflected.

Shinhan Financial cited stable interest income, growth in non-interest income such as fees, and improved results at its securities unit thanks to a buoyant stock market as the backdrop for the strong performance.

Interest income, the main revenue source, was KRW 11.6945 trillion last year, up 2.6% from a year earlier. Non-interest income over the same period was KRW 3.7442 trillion, up 14.4%.

By major affiliates, net profit at Shinhan Bank (KRW 3.7748 trillion) rose 2.1% from a year earlier. In particular, Shinhan Investment & Securities recorded net profit of KRW 381.6 billion, more than double the previous year (KRW 179.2 billion).

A Shinhan Financial official said, “Every non-interest income segment, including fee income, gains related to marketable securities, and insurance income, grew evenly.”

Shinhan Financial held a board meeting that day and approved a fourth-quarter dividend of KRW 880 per share. As a result, the annual dividend per share increased to KRW 2,590. Including KRW 1.25 trillion in cash dividends and KRW 1.25 trillion in share repurchases, Shinhan Financial’s total shareholder returns last year were KRW 2.5 trillion.

A Shinhan Financial official said, “The shareholder return ratio last year was 50.2%, achieving ahead of schedule the ‘50% return’ target, one of the three key goals of the value-up (enhancing corporate value) initiative.”