Shinhan stock faces Q3 earnings test as profit forecast rises 12.7 percent

Published on 10/07/2026 at 05:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shinhan stock faces a Q3 profit forecast of KRW 1.6038 trillion for October 27, 2026. The KRX quote was KRW 103,300 on October 7, with a KRW 48.6 trillion market value.

Shinhan, KR7055550008, Illustration mit AI erstellt.

Shinhan Financial Group stock (ISIN KR7055550008) was trading at KRW 103,300 on KRX at 12:07 p.m. KST on October 7, 2026, down KRW 300 or 0.29 percent. The KRX listing is 055550, as confirmed by Global Banking and Finance.

Q3 forecast points higher

The immediate market focus is the third-quarter result scheduled for October 27, 2026. MoneyToday reported on October 7 that Shinhan's Q3 net profit attributable to owners is forecast at KRW 1.6038 trillion, which would be 12.7 percent higher than the year-earlier quarter but 11.9 percent below Q2 profit of KRW 1.8201 trillion.

The forecast sets a demanding comparison for the group. Q2 consolidated net income reached KRW 1.82 trillion, while the Q3 estimate reflects weaker securities subsidiary earnings after the strong trading conditions that supported non-interest income in the previous quarter.

Shareholder returns remain central

Edaily reported on October 7 that SK Securities retained a Buy rating and set a KRW 134,000 target price. The broker forecast 2026 net income of KRW 5.9404 trillion, a 19.5 percent year-over-year increase, and ROE of 10 percent.

SK Securities also projected a 50.2 percent total shareholder return ratio for 2026 and KRW 200 billion of additional fourth-quarter buybacks. The counter-factor is funding pressure: the same report said higher funding costs and weaker credit-card conditions could weigh on non-bank earnings.

Targets sit above the quote

StockHub reported a Buy consensus based on 10 reports, with an average target of KRW 139,900, a high of KRW 160,000 and a low of KRW 130,000 as of September 9, 2026. The average target lies 35.4 percent above the KRW 103,300 quote.

The valuation signal therefore depends on execution rather than a single earnings number. With Q3 profit forecast to grow year over year while falling quarter over quarter, the October result will show whether banking income can offset the securities comparison.

Shinhan stock stays below yearly high

Shinhan stock was trading at KRW 103,300 on KRX on October 7, 2026, with a market capitalization of KRW 48.6 trillion and a 52-week range of KRW 68,100 to KRW 116,500. The session volume was 294,685 shares.