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Shinhan Financial Group (SHG) Competitors

Shinhan Financial Group logo
$34.12 +0.28 (+0.83%)
(As of 05:16 PM ET)

SHG vs. BNS, MFG, CM, BBVA, NU, ING, ITUB, BCS, NWG, and IBIT

Should you be buying Shinhan Financial Group stock or one of its competitors? The main competitors of Shinhan Financial Group include Bank of Nova Scotia (BNS), Mizuho Financial Group (MFG), Canadian Imperial Bank of Commerce (CM), Banco Bilbao Vizcaya Argentaria (BBVA), NU (NU), ING Groep (ING), Itaú Unibanco (ITUB), Barclays (BCS), NatWest Group (NWG), and iShares Bitcoin Trust (IBIT). These companies are all part of the "banking" industry.

Shinhan Financial Group vs.

Shinhan Financial Group (NYSE:SHG) and Bank of Nova Scotia (NYSE:BNS) 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, valuation, community ranking, risk, media sentiment, profitability, dividends, earnings and analyst recommendations.

Shinhan Financial Group pays an annual dividend of $1.20 per share and has a dividend yield of 3.5%. Bank of Nova Scotia pays an annual dividend of $3.13 per share and has a dividend yield of 5.8%. Shinhan Financial Group pays out 18.8% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 72.5% 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 lower revenue, but higher 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$20.26T0.00$3.49B$6.375.36
Bank of Nova Scotia$33.62B1.99$5.70B$4.3212.42

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

Shinhan Financial Group has a net margin of 12.21% compared to Bank of Nova Scotia's net margin of 10.20%. Bank of Nova Scotia's return on equity of 11.56% beat Shinhan Financial Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Shinhan Financial Group12.21% 7.34% 0.59%
Bank of Nova Scotia 10.20%11.56%0.61%

Bank of Nova Scotia has a consensus target price of $72.00, indicating a potential upside of 34.23%. Given Bank of Nova Scotia's higher probable 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)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.78

Bank of Nova Scotia received 487 more outperform votes than Shinhan Financial Group when rated by MarketBeat users. However, 63.51% of users gave Shinhan Financial Group an outperform vote while only 63.50% of users gave Bank of Nova Scotia an outperform vote.

CompanyUnderperformOutperform
Shinhan Financial GroupOutperform Votes
268
63.51%
Underperform Votes
154
36.49%
Bank of Nova ScotiaOutperform Votes
755
63.50%
Underperform Votes
434
36.50%

Shinhan Financial Group has a beta of 0.92, suggesting that its share price is 8% less volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 1.07, suggesting that its share price is 7% more volatile than the S&P 500.

In the previous week, Bank of Nova Scotia had 2 more articles in the media than Shinhan Financial Group. MarketBeat recorded 6 mentions for Bank of Nova Scotia and 4 mentions for Shinhan Financial Group. Shinhan Financial Group's average media sentiment score of 1.10 beat Bank of Nova Scotia's score of 0.60 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
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Nova Scotia
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Bank of Nova Scotia beats Shinhan Financial Group on 13 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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 GroupNational commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$17.18B$21.61B$11.43B$19.21B
Dividend Yield3.57%3.33%5.72%3.67%
P/E Ratio5.3626.5524.9741.15
Price / Sales0.002.9227.0717.37
Price / Cash4.1711.0018.5221.28
Price / Book0.391.262.625.31
Net Income$3.49B$2.24B$1.04B$989.88M
7 Day Performance-1.44%-4.51%-3.01%-3.14%
1 Month Performance-14.16%-4.86%-3.67%-4.68%
1 Year Performance12.64%14.68%10.94%11.56%

Shinhan Financial Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHG
Shinhan Financial Group
4.3401 of 5 stars
$34.12
+0.8%
N/A+11.7%$17.18B$20.26T5.36190News Coverage
Positive News
BNS
Bank of Nova Scotia
4.4984 of 5 stars
$55.10
-0.6%
$72.00
+30.7%
+12.3%$68.60B$33.62B12.8389,483
MFG
Mizuho Financial Group
4.4779 of 5 stars
$5.00
-0.4%
N/A+42.6%$63.36B$3.40T13.5752,307
CM
Canadian Imperial Bank of Commerce
4.7971 of 5 stars
$66.15
flat
$89.00
+34.5%
+33.0%$62.48B$25.53B12.3648,074Positive News
BBVA
Banco Bilbao Vizcaya Argentaria
3.6121 of 5 stars
$10.24
+0.5%
N/A+7.1%$59.78B$31.97B5.86121,486News Coverage
NU
NU
4.3955 of 5 stars
$11.75
-1.6%
$15.63
+33.0%
+26.4%$56.00B$7.85B32.867,686
ING
ING Groep
2.8596 of 5 stars
$15.55
+0.1%
N/A+1.8%$54.40B$22.45B6.9646,000
ITUB
Itaú Unibanco
4.5636 of 5 stars
$5.22
-0.9%
$7.50
+43.7%
-25.7%$51.16B$156.52B6.7695,702
BCS
Barclays
2.1775 of 5 stars
$13.70
+1.1%
N/A+66.2%$49.43B$25.43B9.3292,400
NWG
NatWest Group
2.6527 of 5 stars
$10.44
+0.7%
N/A+77.9%$41.99B$30.75B7.8663,700
IBIT
iShares Bitcoin Trust
N/A$60.64
+4.7%
N/AN/A$39.16BN/A0.00N/A

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This page (NYSE:SHG) was last updated on 12/23/2024 by MarketBeat.com Staff
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