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| Date | Value |
|---|---|
| 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 |