Shinhan Financial (SHG) Deferred Taxes (2022 - 2026)
Shinhan Financial (SHG) posted quarterly Deferred Taxes of $17.7 million for Q1 2026, up 1508.86% year-over-year from $1.1 million in Q1 2025, and up 1508.86% quarter-over-quarter from $1.1 million in Q1 2025.
Shinhan Financial (SHG) Deferred Taxes (2022 - 2026) Analysis & Trends
Shinhan Financial's Deferred Taxes history runs 5 years deep, the most recent figure standing at $17.7 million for Q1 2026.
- In Q1 2026, Deferred Taxes rose 1508.86% year-over-year to $17.7 million; the TTM figure through Mar 2026 stood at $11.3 million (down 6.39% YoY), while the FY2024 annual figure was -$8.7 million, down 145.83% from the prior year.
- Deferred Taxes for Q1 2026 stood at $17.7 million, up from $1.1 million in the prior quarter.
- The five-year high for Deferred Taxes was $18.4 million in Q4 2023, with the low at -$52.9 million in Q4 2022.
- The 5-year median for Deferred Taxes is $1.1 million (2025), against an average of -$3.4 million.
- Peak annual rise in Deferred Taxes reached 1822.37% in 2024, while the deepest fall reached 178.81% in 2024.
- Shinhan Financial's Deferred Taxes stood at -$52.9 million in 2022, then soared by 134.89% to $18.4 million in 2023, then sank by 178.81% to -$14.5 million in 2024, then jumped by 107.56% to $1.1 million in 2025, then soared by 1508.86% to $17.7 million in 2026.
- Business Quant data shows SHG's Deferred Taxes at $17.7 million in Q1 2026, $1.1 million in Q1 2025, and -$14.5 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.79 Bn | 84.59 Bn | - | - |
| 2 | Pnc Financial Services | 98.00 Bn | 98.00 Bn | - | 254.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.21 Bn | -81.11 Bn | - | - |
| 7 | Nu Holdings | 70.63 Bn | 56.95 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.81 Bn | 61.81 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.98 Bn | 26.26 Bn | - | - |
| 10 | Shinhan Financial | 1.54 Mn | -21.63 Bn | - | 17.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.67 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Dec 31, 2024 | -14.54 Mn |
| Sep 30, 2024 | 7.05 Mn |
| Dec 31, 2023 | 18.44 Mn |
| Sep 30, 2023 | -409,187.95 |
| Dec 31, 2022 | -52.85 Mn |