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Shinhan Financial Group Co: Shinhan Financial Group 2016 1Q Operating Results

The following excerpt is from the company's SEC filing.

On April 21, 2016, Shinhan Financial Group released its operating results for 2016 1Q. 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)

1Q 2016

4Q 2015

QoQ Change (%)

1Q 2015

YoY Change (%)

Revenue*

Specified Quarter

8,693,839

6,809,580

7,262,126

Cumulative

30,674,470

Operating Income

655,495

555,754

752,972

-12.95

2,973,141

Income before Income Taxes

683,176

556,320

788,683

-13.38

3,140,577

Net Income

787,744

422,792

613,750

2,445,958

Net Income Attributable to Controlling Interest

771,363

404,028

592,050

2,367,171

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

2. Operating Results of Shinhan Bank (consolidated)

4,656,194

2,135,151

118.07

3,363,037

14,656,853

421,536

311,393

468,606

-10.04

1,733,726

444,368

306,515

501,053

-11.31

1,875,070

574,700

236,970

142.52

390,022

1,489,988

574,881

236,843

142.73

389,918

1,489,654

3. Operating Results of Shinhan Card (consolidated)

1,131,108

1,140,343

1,092,926

4,740,139

189,968

221,470

-14.22

186,582

880,155

189,243

219,770

-13.89

186,650

878,070

148,884

173,226

-14.05

154,535

694,774

148,838

-14.08

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Shinhan Financial Group Co: 1. Number Of Shares Owned By Nps Share Type - April 21, 2016

Shinhan Financial Group Co: Shinhan Financial Group 2016 1Q Earnings Release Conference - April 14, 2016
Shinhan Financial Group Co: 2) Total Amount Paid As Of Dec. 31, 2015 - April 1, 2016