Investing.com - Shinhan reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Shinhan announced earnings per share of 0.9119 on revenue of 2.56B. Analysts polled by Investing.com anticipated EPS of 0.8242 on revenue of 2.5B.
Shinhan shares are down 6% from the beginning of the year and are trading at 28.50 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 2.61% from the start of the year.
Shinhan follows other major Financial sector earnings this month
Shinhan's report follows an earnings beat by JPMorgan on January 15, who reported EPS of 3.79 on revenue of 30.16B, compared to forecasts EPS of 2.62 on revenue of 28.67B.
Mastercard had beat expectations on January 28 with fourth quarter EPS of 1.64 on revenue of 4.12B, compared to forecast for EPS of 1.52 on revenue of 4B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar