Shinhan Financial Reviews Multiple M&A Assets Including Lotte Insurance, Decides 700B Won Buyback on July 23

According to Shinhan Financial's chief financial officer Jang Jeong-hoon, the company is reviewing various merger and acquisition targets, including Lotte General Insurance, as of July 23. The CFO stated that M&A pursuits will not impact the company's Common Equity Tier 1 (CET1) capital ratio management or shareholder returns, which are currently maintained within a 13.0–13.4% range. As of Q2 2026, Shinhan Financial's CET1 ratio stood at 13.43%.

The company approved a 700 billion Korean won share buyback program, with additional repurchase decisions to be determined at its Q3 earnings announcement in October. The CFO emphasized that M&A transactions will only proceed if they meet the investor-required return rate of approximately 12.5%, ensuring enhanced earnings per share and return on equity.