Shinhan Financial Group (SHG) Competitors

Shinhan Financial Group logo
$60.53 -1.46 (-2.35%)
Closing price 06/26/2026 03:59 PM Eastern
Extended Trading
$60.32 -0.21 (-0.35%)
As of 06/26/2026 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

SHG vs. HDB, MFG, BMO, CM, and BNS

Should you buy Shinhan Financial Group stock or one of its competitors? MarketBeat compares Shinhan Financial Group with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Shinhan Financial Group include HDFC Bank (HDB), Mizuho Financial Group (MFG), Bank Of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), and Bank of Nova Scotia (BNS). These companies are all part of the "banking" industry.

How does Shinhan Financial Group compare to HDFC Bank?

Shinhan Financial Group (NYSE:SHG) and HDFC Bank (NYSE:HDB) are both large-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, media sentiment, profitability, dividends, analyst recommendations and valuation.

Shinhan Financial Group pays an annual dividend of $1.55 per share and has a dividend yield of 2.6%. HDFC Bank pays an annual dividend of $0.35 per share and has a dividend yield of 1.4%. Shinhan Financial Group pays out 16.8% of its earnings in the form of a dividend. HDFC Bank pays out 21.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Shinhan Financial Group is clearly the better dividend stock, given its higher yield and lower payout ratio.

Shinhan Financial Group has a beta of 0.93, suggesting that its stock price is 7% less volatile than the broader market. Comparatively, HDFC Bank has a beta of 0.65, suggesting that its stock price is 35% less volatile than the broader market.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shinhan Financial Group
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
HDFC Bank
2 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

In the previous week, HDFC Bank had 2 more articles in the media than Shinhan Financial Group. MarketBeat recorded 3 mentions for HDFC Bank and 1 mentions for Shinhan Financial Group. Shinhan Financial Group's average media sentiment score of 0.75 beat HDFC Bank's score of 0.12 indicating that Shinhan Financial Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shinhan Financial Group
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
HDFC Bank
0 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

HDFC Bank has higher revenue and earnings than Shinhan Financial Group. Shinhan Financial Group is trading at a lower price-to-earnings ratio than HDFC Bank, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shinhan Financial Group$23.83B1.21$3.48B$9.216.57
HDFC Bank$54.16B2.42$8.59B$1.6715.40

7.8% of Shinhan Financial Group shares are owned by institutional investors. Comparatively, 17.6% of HDFC Bank shares are owned by institutional investors. 1.0% of Shinhan Financial Group shares are owned by company insiders. Comparatively, 1.0% of HDFC Bank shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Shinhan Financial Group has a net margin of 20.07% compared to HDFC Bank's net margin of 15.30%. HDFC Bank's return on equity of 12.96% beat Shinhan Financial Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Shinhan Financial Group20.07% 10.97% 0.85%
HDFC Bank 15.30%12.96%1.63%

Summary

Shinhan Financial Group and HDFC Bank tied by winning 8 of the 16 factors compared between the two stocks.

How does Shinhan Financial Group compare to Mizuho Financial Group?

Shinhan Financial Group (NYSE:SHG) and Mizuho Financial Group (NYSE:MFG) are both large-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, dividends, analyst recommendations, profitability, earnings, valuation and risk.

Mizuho Financial Group has higher revenue and earnings than Shinhan Financial Group. Shinhan Financial Group is trading at a lower price-to-earnings ratio than Mizuho Financial Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shinhan Financial Group$23.83B1.21$3.48B$9.216.57
Mizuho Financial Group$60.35B1.99$8.24B$0.7612.81

Shinhan Financial Group has a beta of 0.93, suggesting that its stock price is 7% less volatile than the broader market. Comparatively, Mizuho Financial Group has a beta of 0.45, suggesting that its stock price is 55% less volatile than the broader market.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shinhan Financial Group
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Mizuho Financial Group
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

Shinhan Financial Group has a net margin of 20.07% compared to Mizuho Financial Group's net margin of 16.35%. Mizuho Financial Group's return on equity of 15.19% beat Shinhan Financial Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Shinhan Financial Group20.07% 10.97% 0.85%
Mizuho Financial Group 16.35%15.19%0.45%

7.8% of Shinhan Financial Group shares are owned by institutional investors. Comparatively, 3.3% of Mizuho Financial Group shares are owned by institutional investors. 1.0% of Shinhan Financial Group shares are owned by company insiders. Comparatively, 0.0% of Mizuho Financial Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Mizuho Financial Group had 1 more articles in the media than Shinhan Financial Group. MarketBeat recorded 2 mentions for Mizuho Financial Group and 1 mentions for Shinhan Financial Group. Mizuho Financial Group's average media sentiment score of 0.93 beat Shinhan Financial Group's score of 0.75 indicating that Mizuho Financial Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shinhan Financial Group
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Mizuho Financial Group
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Shinhan Financial Group pays an annual dividend of $1.55 per share and has a dividend yield of 2.6%. Mizuho Financial Group pays an annual dividend of $0.14 per share and has a dividend yield of 1.4%. Shinhan Financial Group pays out 16.8% of its earnings in the form of a dividend. Mizuho Financial Group pays out 18.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Shinhan Financial Group is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Shinhan Financial Group beats Mizuho Financial Group on 8 of the 15 factors compared between the two stocks.

How does Shinhan Financial Group compare to Bank Of Montreal?

Shinhan Financial Group (NYSE:SHG) and Bank Of Montreal (NYSE:BMO) are both large-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, dividends, risk, profitability, analyst recommendations, media sentiment, earnings and institutional ownership.

Shinhan Financial Group has a net margin of 20.07% compared to Bank Of Montreal's net margin of 12.60%. Bank Of Montreal's return on equity of 13.04% beat Shinhan Financial Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Shinhan Financial Group20.07% 10.97% 0.85%
Bank Of Montreal 12.60%13.04%0.70%

7.8% of Shinhan Financial Group shares are held by institutional investors. Comparatively, 45.8% of Bank Of Montreal shares are held by institutional investors. 1.0% of Shinhan Financial Group shares are held by insiders. Comparatively, 1.0% of Bank Of Montreal shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

In the previous week, Bank Of Montreal had 5 more articles in the media than Shinhan Financial Group. MarketBeat recorded 6 mentions for Bank Of Montreal and 1 mentions for Shinhan Financial Group. Shinhan Financial Group's average media sentiment score of 0.75 beat Bank Of Montreal's score of -0.02 indicating that Shinhan Financial Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shinhan Financial Group
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank Of Montreal
1 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Bank Of Montreal has a consensus target price of $163.00, suggesting a potential downside of 6.98%. Given Bank Of Montreal's higher possible upside, analysts clearly believe Bank Of Montreal is more favorable than Shinhan Financial Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shinhan Financial Group
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Bank Of Montreal
1 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.31

Shinhan Financial Group pays an annual dividend of $1.55 per share and has a dividend yield of 2.6%. Bank Of Montreal pays an annual dividend of $4.80 per share and has a dividend yield of 2.7%. Shinhan Financial Group pays out 16.8% of its earnings in the form of a dividend. Bank Of Montreal pays out 51.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank Of Montreal has increased its dividend for 4 consecutive years. Bank Of Montreal is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Bank Of Montreal has higher revenue and earnings than Shinhan Financial Group. Shinhan Financial Group is trading at a lower price-to-earnings ratio than Bank Of Montreal, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shinhan Financial Group$23.83B1.21$3.48B$9.216.57
Bank Of Montreal$55.92B2.20$6.22B$9.4218.60

Shinhan Financial Group has a beta of 0.93, suggesting that its stock price is 7% less volatile than the broader market. Comparatively, Bank Of Montreal has a beta of 0.95, suggesting that its stock price is 5% less volatile than the broader market.

Summary

Bank Of Montreal beats Shinhan Financial Group on 13 of the 18 factors compared between the two stocks.

How does Shinhan Financial Group compare to Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce (NYSE:CM) and Shinhan Financial Group (NYSE:SHG) are both large-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, risk, institutional ownership, valuation, analyst recommendations, dividends and media sentiment.

Canadian Imperial Bank of Commerce has a beta of 1.02, meaning that its stock price is 2% more volatile than the broader market. Comparatively, Shinhan Financial Group has a beta of 0.93, meaning that its stock price is 7% less volatile than the broader market.

Canadian Imperial Bank of Commerce presently has a consensus target price of $167.00, suggesting a potential upside of 46.75%. Given Canadian Imperial Bank of Commerce's stronger consensus rating and higher probable upside, equities research analysts clearly believe Canadian Imperial Bank of Commerce is more favorable than Shinhan Financial Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Imperial Bank of Commerce
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Shinhan Financial Group
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

Canadian Imperial Bank of Commerce has higher revenue and earnings than Shinhan Financial Group. Shinhan Financial Group is trading at a lower price-to-earnings ratio than Canadian Imperial Bank of Commerce, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Imperial Bank of Commerce$31.06B3.34$6.02B$7.2815.63
Shinhan Financial Group$23.83B1.21$3.48B$9.216.57

49.9% of Canadian Imperial Bank of Commerce shares are held by institutional investors. Comparatively, 7.8% of Shinhan Financial Group shares are held by institutional investors. 1.0% of Shinhan Financial Group shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Canadian Imperial Bank of Commerce pays an annual dividend of $3.10 per share and has a dividend yield of 2.7%. Shinhan Financial Group pays an annual dividend of $1.55 per share and has a dividend yield of 2.6%. Canadian Imperial Bank of Commerce pays out 42.6% of its earnings in the form of a dividend. Shinhan Financial Group pays out 16.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Canadian Imperial Bank of Commerce has raised its dividend for 14 consecutive years. Canadian Imperial Bank of Commerce is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Canadian Imperial Bank of Commerce had 2 more articles in the media than Shinhan Financial Group. MarketBeat recorded 3 mentions for Canadian Imperial Bank of Commerce and 1 mentions for Shinhan Financial Group. Canadian Imperial Bank of Commerce's average media sentiment score of 1.57 beat Shinhan Financial Group's score of 0.75 indicating that Canadian Imperial Bank of Commerce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Imperial Bank of Commerce
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Shinhan Financial Group
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Shinhan Financial Group has a net margin of 20.07% compared to Canadian Imperial Bank of Commerce's net margin of 15.84%. Canadian Imperial Bank of Commerce's return on equity of 16.31% beat Shinhan Financial Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Imperial Bank of Commerce15.84% 16.31% 0.84%
Shinhan Financial Group 20.07%10.97%0.85%

Summary

Canadian Imperial Bank of Commerce beats Shinhan Financial Group on 14 of the 19 factors compared between the two stocks.

How does Shinhan Financial Group compare to Bank of Nova Scotia?

Shinhan Financial Group (NYSE:SHG) and Bank of Nova Scotia (NYSE:BNS) are both large-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, analyst recommendations, media sentiment, earnings, valuation, institutional ownership, dividends and profitability.

Bank of Nova Scotia has a consensus target price of $117.00, suggesting a potential upside of 35.54%. Given Bank of Nova Scotia's higher possible upside, analysts clearly believe Bank of Nova Scotia is more favorable than Shinhan Financial Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shinhan Financial Group
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Shinhan Financial Group pays an annual dividend of $1.55 per share and has a dividend yield of 2.6%. Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 3.7%. Shinhan Financial Group pays out 16.8% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 60.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank of Nova Scotia has raised its dividend for 14 consecutive years. Bank of Nova Scotia is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

7.8% of Shinhan Financial Group shares are held by institutional investors. Comparatively, 49.1% of Bank of Nova Scotia shares are held by institutional investors. 1.0% of Shinhan Financial Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Bank of Nova Scotia has higher revenue and earnings than Shinhan Financial Group. Shinhan Financial Group is trading at a lower price-to-earnings ratio than Bank of Nova Scotia, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shinhan Financial Group$23.83B1.21$3.48B$9.216.57
Bank of Nova Scotia$52.70B2.01$5.56B$5.2416.47

Shinhan Financial Group has a beta of 0.93, suggesting that its stock price is 7% less volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.12, suggesting that its stock price is 12% more volatile than the broader market.

In the previous week, Shinhan Financial Group had 1 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 1 mentions for Shinhan Financial Group and 0 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 1.00 beat Shinhan Financial Group's score of 0.75 indicating that Bank of Nova Scotia is being referred to more favorably in the news media.

Company Overall Sentiment
Shinhan Financial Group Positive
Bank of Nova Scotia Positive

Shinhan Financial Group has a net margin of 20.07% compared to Bank of Nova Scotia's net margin of 13.38%. Bank of Nova Scotia's return on equity of 13.16% beat Shinhan Financial Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Shinhan Financial Group20.07% 10.97% 0.85%
Bank of Nova Scotia 13.38%13.16%0.70%

Summary

Bank of Nova Scotia beats Shinhan Financial Group on 12 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SHG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SHG vs. The Competition

MetricShinhan Financial GroupBANKS IndustryFinance SectorNYSE Exchange
Market Cap$29.42B$80.15B$13.86B$23.23B
Dividend Yield2.50%3.25%5.72%4.10%
P/E Ratio6.5710.5720.4531.64
Price / Sales1.215.14136.17109.21
Price / Cash6.8311.1219.2624.58
Price / Book0.701.672.264.74
Net Income$3.48B$7.50B$1.14B$1.07B
7 Day Performance-9.42%-1.75%0.88%0.99%
1 Month Performance-4.97%2.25%1.30%0.86%
1 Year Performance36.64%30.01%15.34%25.19%

Shinhan Financial Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHG
Shinhan Financial Group
4.1593 of 5 stars
$60.53
-2.4%
N/A+37.0%$29.42B$23.83B6.57190
HDB
HDFC Bank
2.9548 of 5 stars
$24.72
+2.3%
N/A-33.2%$123.30B$54.16B14.80214,521
MFG
Mizuho Financial Group
3.8854 of 5 stars
$9.66
-0.3%
N/A+73.7%$119.56B$60.35B12.7052,554
BMO
Bank Of Montreal
3.5956 of 5 stars
$168.36
+0.0%
$163.00
-3.2%
+60.7%$117.88B$55.92B17.8753,234
CM
Canadian Imperial Bank of Commerce
4.862 of 5 stars
$113.68
+0.2%
$167.00
+46.9%
+61.3%$103.57B$44.36B15.6149,824

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This page (NYSE:SHG) was last updated on 6/27/2026 by MarketBeat.com Staff.
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