I am raising my rating for Shinhan Financial to a Buy, as I expect strong financial results and higher returns for investors in 2025. The earnings per share (EPS) for SHG is expected to grow by 8% in 2025, thanks to lower credit costs, better-than-expected non-interest margins, and increased non-interest income. Based on my analysis of financial performance and returns to shareholders, Shinhan Financial's capital management yield for this fiscal year is nearly 10%.
Investors looking at stocks in the Foreign Banks sector may be familiar with Shinhan Financial (SHG) and Bank of Nova Scotia (BNS). However, which of these two companies is the better choice for those seeking undervalued stocks?
At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.
Shinhan Financial (SHG) has received a Zacks Rank #2 (Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price soon.
Dividends are a major advantage of being a shareholder, but identifying a good dividend stock can be challenging. Is Shinhan Financial (SHG) a strong candidate for this?
Dividends are a major advantage of being a shareholder, but identifying a good dividend stock can be challenging. Is Shinhan Financial (SHG) a strong candidate for this?
Dividends are a major advantage of being a shareholder, but identifying a good dividend stock can be challenging. Does Shinhan Financial (SHG) meet the criteria?
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Shinhan Financial (SHG) and Nordea Bank AB (NRDBY). But which of these two stocks offers value investors a better bang for their buck right now?
Actions like targeting higher ROE, diversifying geographically, and increasing capital distribution could lead to a positive re-rating of Shinhan Financial's shares and valuations. SHG's year-to-date share price underperformance relative to its key peer was influenced by significant stake sales, but this is likely to be less of an issue going forward. My rating for Shinhan Financial is upgraded to a Buy, as I think that the stock has the potential to trade at higher valuation multiples.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shinhan Financial (SHG) have what it takes?