Shinhan Financial (SHG) Change in Taxes (2011 - 2026)

Shinhan Financial (SHG) posted quarterly Change in Taxes of -$1.2 million for Q1 2026, down 0.66% year-on-year from -$1.2 million in Q1 2025, and up 91.83% on a QoQ basis from -$15.1 million in Q4 2025.

Shinhan Financial (SHG) Change in Taxes (2011 - 2026) Analysis & Trends

Shinhan Financial (SHG) has reported Change in Taxes for 10 consecutive years, with -$1.2 million the latest figure, recorded in Q1 2026.

  • Quarterly Change in Taxes fell 0.66% year-over-year to -$1.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$14.8 million (down 80.81% YoY) and the FY2025 annual result came in at -$14.8 million, down 84.67% from the prior year.
  • Change in Taxes climbed to -$1.2 million in Q1 2026 per SHG's latest filing, from -$15.1 million in the prior quarter.
  • Over the last five years, Change in Taxes for SHG reached as high as $16.4 million in Q4 2023 and fell as low as -$48.4 million in Q4 2022.
  • A 5-year average of -$3.3 million and a median of -$362177.1 in 2023 frame the typical range for Change in Taxes.
  • Annual changes were most pronounced in 2022 — Change in Taxes sank 1572.73% — and 2024, when it jumped 620.48%.
  • Year by year, Change in Taxes stood at -$48.4 million in 2022, then soared by 133.88% to $16.4 million in 2023, then sank by 155.44% to -$9.1 million in 2024, then slumped by 66.32% to -$15.1 million in 2025, then jumped by 91.83% to -$1.2 million in 2026.
  • According to Business Quant data, Change in Taxes over the past three periods registered -$1.2 million, -$15.1 million, and $426249.4 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -1.24 Mn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -78,154.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - -
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -
10 Itau Unibanco Holding 90.02 Bn 47.32 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.24 Mn
Mar 31, 2026 -1.24 Mn
Dec 31, 2025 -15.12 Mn
Dec 31, 2025 -15.12 Mn
Sep 30, 2025 426,249.42
Sep 30, 2025 426,249.42
Jun 30, 2025 1.14 Mn
Jun 30, 2025 1.14 Mn
Mar 31, 2025 -1.23 Mn
Mar 31, 2025 -1.23 Mn
Dec 31, 2024 -9.09 Mn
Dec 31, 2024 -9.09 Mn
Sep 30, 2024 1.89 Mn
Sep 30, 2024 1.89 Mn
Jun 30, 2024 251,568.09
Jun 30, 2024 251,568.09
Mar 31, 2024 -1.05 Mn
Mar 31, 2024 -1.05 Mn
Dec 31, 2023 16.40 Mn
Dec 31, 2023 16.40 Mn