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Shinhan Financial Group (SHG) Competitors

Shinhan Financial Group logo
$67.15 +1.08 (+1.63%)
Closing price 06/5/2026 03:59 PM Eastern
Extended Trading
$67.50 +0.35 (+0.52%)
As of 06/5/2026 07:15 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. MFG, BMO, CM, BNS, and IBN

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 Mizuho Financial Group (MFG), Bank Of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), Bank of Nova Scotia (BNS), and ICICI Bank (IBN). These companies are all part of the "banking" industry.

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 investment? We will compare the two companies based on the strength of their earnings, media sentiment, profitability, valuation, institutional ownership, dividends, risk and analyst recommendations.

Shinhan Financial Group pays an annual dividend of $1.55 per share and has a dividend yield of 2.3%. Mizuho Financial Group pays an annual dividend of $0.07 per share and has a dividend yield of 0.7%. Shinhan Financial Group pays out 16.8% of its earnings in the form of a dividend. Mizuho Financial Group pays out 9.2% 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 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 0.46, suggesting that its stock price is 54% 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

7.8% of Shinhan Financial Group shares are held by institutional investors. Comparatively, 3.3% of Mizuho Financial Group shares are held by institutional investors. 1.0% of Shinhan Financial Group shares are held by insiders. Comparatively, 0.0% of Mizuho Financial Group shares are held by 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.

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% 11.02% 0.86%
Mizuho Financial Group 16.35%15.19%0.45%

In the previous week, Mizuho Financial Group had 1 more articles in the media than Shinhan Financial Group. MarketBeat recorded 1 mentions for Mizuho Financial Group and 0 mentions for Shinhan Financial Group. Shinhan Financial Group's average media sentiment score of 0.00 equaled Mizuho Financial Group'saverage media sentiment score.

Company Overall Sentiment
Shinhan Financial Group Neutral
Mizuho Financial Group Neutral

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$23.83B1.34$3.48B$9.217.29
Mizuho Financial Group$60.35B1.95$8.24B$0.7612.52

Summary

Shinhan Financial Group and Mizuho Financial Group tied by winning 7 of the 14 factors compared between the two stocks.

How does Shinhan Financial Group compare to Bank Of Montreal?

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

In the previous week, Bank Of Montreal had 13 more articles in the media than Shinhan Financial Group. MarketBeat recorded 13 mentions for Bank Of Montreal and 0 mentions for Shinhan Financial Group. Bank Of Montreal's average media sentiment score of 0.83 beat Shinhan Financial Group's score of 0.00 indicating that Bank Of Montreal is being referred to more favorably in the media.

Company Overall Sentiment
Bank Of Montreal Positive
Shinhan Financial Group Neutral

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
Bank Of Montreal$55.92B2.06$6.22B$9.4217.46
Shinhan Financial Group$23.83B1.34$3.48B$9.217.29

Bank Of Montreal pays an annual dividend of $4.80 per share and has a dividend yield of 2.9%. Shinhan Financial Group pays an annual dividend of $1.55 per share and has a dividend yield of 2.3%. Bank Of Montreal pays out 51.0% 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. Bank Of Montreal has raised 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 presently has a consensus price target of $163.00, suggesting a potential downside of 0.91%. Given Bank Of Montreal's higher possible upside, equities 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
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
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 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
Bank Of Montreal12.60% 13.04% 0.70%
Shinhan Financial Group 20.07%11.02%0.86%

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

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

Summary

Bank Of Montreal beats Shinhan Financial Group on 14 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 stock? We will contrast the two companies based on the strength of their media sentiment, profitability, dividends, valuation, institutional ownership, analyst recommendations, earnings and risk.

Canadian Imperial Bank of Commerce currently has a consensus price target of $167.00, indicating a potential upside of 53.23%. Given Canadian Imperial Bank of Commerce's stronger consensus rating and higher possible upside, equities 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)
4 Hold rating(s)
2 Buy rating(s)
1 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

In the previous week, Canadian Imperial Bank of Commerce had 8 more articles in the media than Shinhan Financial Group. MarketBeat recorded 8 mentions for Canadian Imperial Bank of Commerce and 0 mentions for Shinhan Financial Group. Canadian Imperial Bank of Commerce's average media sentiment score of 1.27 beat Shinhan Financial Group's score of 0.00 indicating that Canadian Imperial Bank of Commerce is being referred to more favorably in the media.

Company Overall Sentiment
Canadian Imperial Bank of Commerce Positive
Shinhan Financial Group Neutral

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%11.02%0.86%

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 company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

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$44.36B2.24$6.02B$7.2814.97
Shinhan Financial Group$23.83B1.34$3.48B$9.217.29

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

Canadian Imperial Bank of Commerce pays an annual dividend of $3.14 per share and has a dividend yield of 2.9%. Shinhan Financial Group pays an annual dividend of $1.55 per share and has a dividend yield of 2.3%. Canadian Imperial Bank of Commerce pays out 43.1% 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.

Summary

Canadian Imperial Bank of Commerce beats Shinhan Financial Group on 15 of the 20 factors compared between the two stocks.

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

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

In the previous week, Bank of Nova Scotia's average media sentiment score of 0.00 equaled Shinhan Financial Group'saverage media sentiment score.

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

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

Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 3.9%. Shinhan Financial Group pays an annual dividend of $1.55 per share and has a dividend yield of 2.3%. Bank of Nova Scotia pays out 60.3% 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. 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.

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
Bank of Nova Scotia13.38% 13.16% 0.70%
Shinhan Financial Group 20.07%11.02%0.86%

Bank of Nova Scotia has a beta of 1.12, meaning that its stock price is 12% 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.

Bank of Nova Scotia currently has a consensus price target of $117.00, suggesting a potential upside of 45.13%. Given Bank of Nova Scotia's higher possible upside, equities research 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
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
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

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
Bank of Nova Scotia$52.70B1.88$5.56B$5.2415.39
Shinhan Financial Group$23.83B1.34$3.48B$9.217.29

Summary

Bank of Nova Scotia beats Shinhan Financial Group on 11 of the 17 factors compared between the two stocks.

How does Shinhan Financial Group compare to ICICI Bank?

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

ICICI Bank has lower revenue, but higher earnings than Shinhan Financial Group. Shinhan Financial Group is trading at a lower price-to-earnings ratio than ICICI 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$23.83B1.34$3.48B$9.217.29
ICICI Bank$22.73B4.10$6.13B$1.5816.44

Shinhan Financial Group pays an annual dividend of $1.55 per share and has a dividend yield of 2.3%. ICICI Bank pays an annual dividend of $0.21 per share and has a dividend yield of 0.8%. Shinhan Financial Group pays out 16.8% of its earnings in the form of a dividend. ICICI Bank pays out 13.3% 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.

In the previous week, ICICI Bank had 1 more articles in the media than Shinhan Financial Group. MarketBeat recorded 1 mentions for ICICI Bank and 0 mentions for Shinhan Financial Group. Shinhan Financial Group's average media sentiment score of 0.00 beat ICICI Bank's score of 0.00 indicating that Shinhan Financial Group is being referred to more favorably in the media.

Company Overall Sentiment
Shinhan Financial Group Neutral
ICICI Bank Neutral

7.8% of Shinhan Financial Group shares are owned by institutional investors. Comparatively, 18.2% of ICICI Bank shares are owned by institutional investors. 1.0% of Shinhan Financial Group shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

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
ICICI Bank
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

Shinhan Financial Group has a beta of 0.93, indicating that its stock price is 7% less volatile than the broader market. Comparatively, ICICI Bank has a beta of 0.44, indicating that its stock price is 56% less volatile than the broader market.

ICICI Bank has a net margin of 24.97% compared to Shinhan Financial Group's net margin of 20.07%. ICICI Bank's return on equity of 13.91% beat Shinhan Financial Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Shinhan Financial Group20.07% 11.02% 0.86%
ICICI Bank 24.97%13.91%1.82%

Summary

ICICI Bank beats Shinhan Financial Group on 9 of the 17 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$31.88B$77.77B$13.56B$23.06B
Dividend Yield2.31%3.30%5.80%4.10%
P/E Ratio7.2910.0020.9927.53
Price / Sales1.344.72137.9322.11
Price / Cash7.4010.7919.1523.97
Price / Book0.771.602.184.63
Net Income$3.48B$7.50B$1.13B$1.07B
7 Day Performance6.46%-1.36%-0.31%-1.66%
1 Month Performance-2.10%-1.30%-0.88%-1.68%
1 Year Performance56.45%27.83%10.50%21.33%

Shinhan Financial Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHG
Shinhan Financial Group
3.6744 of 5 stars
$67.15
+1.6%
N/A+56.7%$31.88B$23.83B7.29190
MFG
Mizuho Financial Group
3.5622 of 5 stars
$9.33
+0.1%
N/A+72.2%$115.11B$60.35B12.2752,554
BMO
Bank Of Montreal
4.2416 of 5 stars
$161.10
+0.1%
$163.00
+1.2%
+51.9%$112.80B$55.92B18.7153,234
CM
Canadian Imperial Bank of Commerce
4.8016 of 5 stars
$115.56
+0.1%
$107.50
-7.0%
+58.6%$106.05B$44.36B16.8549,824
BNS
Bank of Nova Scotia
4.8639 of 5 stars
$79.79
+0.0%
$106.00
+32.9%
+50.3%$98.05B$52.70B16.5986,431

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