:newspaper: Shinhan Bank’s Q1 2025 net income surges 90.3% from previous quarter.
Shinhan Bank, which officially appointed Cha Eunwoo as its model in February 2025, reported a net income of 1.1281 trillion KRW for Q1 2025, up 21.5% year on year and 90.3% quarter on quarter. The increase was driven by higher interest and non-interest income, along with the absence of one-off expenses from the previous year and quarter. As of March 2025, loans grew 0.4% compared to the end of 2024, and asset quality remained stable, with a delinquency rate of 0.34%.
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