Close

Form 6-K SHINHAN FINANCIAL GROUP For: Jul 27

July 27, 2021 6:09 AM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16

Under the Securities Exchange Act of 1934

 

For the Month of July 2021

 

SHINHAN FINANCIAL GROUP CO., LTD.

(Translation of registrant's name into English)

 

20, Sejong-daero 9-gil, Jung-gu, Seoul 04513, Korea
(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will

file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  √    Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in

paper as permitted by Regulation S-T Rule 101(b)(1): _______

 

Indicate by check mark if the registrant is submitting the Form 6-K in

paper as permitted by Regulation S-T Rule 101(b)(7): _______

 

Indicate by check mark whether the registrant by furnishing the

information contained in this form is also thereby furnishing the

information to the Commission pursuant to Rule 12g3-2(b) under the

Securities Exchange Act of 1934.

 

Yes        No___√___

 

If "Yes" is marked, indicate below the file number assigned to the

registrant in connection with Rule 12g3-2(b): 82-  n/a  .



 

 

 

Please refer to Exhibit 99.1.

 

 

 

 

 

 



 

EXHIBIT INDEX

Exhibit No.

 

Description

99.1

 

2Q2021 Operating Results of Shinhan Financial Group

 

 

 

 

 



 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

 

 

 

 

 

 

 

 

 

 

Shinhan Financial Group Co., Ltd.

 

 

 

 

(Registrant)

 

 

 

 

    Date: July 27, 2021

 

 

 

By:

 

/s/ Roh Yong-hoon

 

 

 

 

 

 

 

 

 

 

Name: Roh Yong-hoon

 

 

 

 

Title:   Chief Financial Officer

 

 

 

Exhibit 99.1
2Q2021 Operating Results of Shinhan Financial Group

 

On July 27, 2021, Shinhan Financial Group released its operating results for 2Q 2021. The following tables reflect the key figures we announced through a fair disclosure. The full IR presentation materials are available at our website (www.shinhangroup.com).

 

The financial information in this report has been prepared in accordance with Korean International Financial Reporting Standards and is to be reviewed by our independent auditor. As figures provided have not yet been fully reviewed by our independent auditor, contents are subject to change in the due course of the reviewing process.

 

1. Operating Results of Shinhan Financial Group (consolidated)

 

 

 

 

  (KRW million)

Item

2Q 2021

1Q 2021

QoQ Change (%)

2Q 2020

YoY Change (%)

Revenue*

Specified Quarter

8,365,006

14,354,364

-41.72

8,266,662

1.19

Cumulative

22,719,370

14,354,364

-

27,188,157

-16.44

Operating Income

Specified Quarter

1,693,517

1,682,379

0.66

1,255,192

34.92

Cumulative

3,375,896

1,682,379

-

2,512,583

34.36

Income before Income Taxes

Specified Quarter

1,729,040

1,645,332

5.09

1,230,855

40.47

Cumulative

3,374,372

1,645,332

-

2,507,437

34.57

Net Income

Specified Quarter

1,277,935

1,217,941

4.93

892,668

43.16

Cumulative

2,495,876

1,217,941

-

1,842,208

35.48

Net Income Attributable to Controlling Interest

Specified Quarter

1,251,841

1,191,938

5.03

873,110

43.38

Cumulative

2,443,779

1,191,938

-

1,805,510

35.35

* Represents the sum of interest revenues, fees and commissions revenues, and other operating revenues


2. Operating Results of Shinhan Bank (consolidated)

 

 

 

 

(KRW million)

Item

2Q 2021

1Q 2021

QoQ Change (%)

2Q 2020

YoY Change (%)

Revenue*

Specified Quarter

3,389,895

7,819,880

-56.65

3,527,173

-3.89

Cumulative

11,209,775

7,819,880

-

13,766,907

-18.57

Operating Income

Specified Quarter

933,475

934,929

-0.16

692,590

34.78

Cumulative

1,868,404

934,929

-

1,520,424

22.89

Income before Income Taxes

Specified Quarter

954,159

877,607

8.72

700,791

36.15

Cumulative

1,831,766

877,607

-

1,529,689

19.75

Net Income

Specified Quarter

714,516

656,568

8.83

514,276

38.94

Cumulative

1,371,084

656,568

-

1,140,883

20.18

Net Income Attributable to Controlling Interest

Specified Quarter

714,446

656,437

8.84

514,163

38.95

Cumulative

1,370,883

656,437

-

1,140,694

20.18

* Represents the sum of interest revenues, fees and commissions revenues, and other operating revenues

 



3. Operating Results of Shinhan Card (consolidated)

 

 

 

(KRW million)

Item

2Q 2021

1Q 2021

QoQ Change (%)

2Q 2020

YoY Change (%)

Revenue*

Specified Quarter

1,044,896

1,081,991

-3.43

953,702

9.56

Cumulative

2,126,887

1,081,991

-

2,044,651

4.02

Operating Income

Specified Quarter

268,301

227,454

17.96

244,028

9.95

Cumulative

495,755

227,454

-

408,427

21.38

Income before Income Taxes

Specified Quarter

266,845

230,468

15.78

239,763

11.30

Cumulative

497,313

230,468

-

404,458

22.96

Net Income

Specified Quarter

199,292

168,420

18.33

175,645

13.46

Cumulative

367,712

168,420

-

301,938

21.78

Net Income Attributable to Controlling Interest

Specified Quarter

199,102

168,082

18.46

176,006

13.12

Cumulative

367,184

168,082

-

302,543

21.37

* Represents the sum of interest revenues, fees and commissions revenues, and other operating revenues

 



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings