Shinhan Financial (SHG) Deferred Taxes (2011 - 2026)
Shinhan Financial's Deferred Taxes was -$39.14 million in the quarter ended Jun 30, 2026, compared with -$1.13 million a year earlier.
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Analysis
Shinhan Financial (SHG) Deferred Taxes (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Shinhan Financial's Deferred Taxes was -$39.51 million through Jun 30, 2026; for the year ended Dec 31, 2025, it was -$17.57 million.
- In earlier years, Deferred Taxes was $20.87 million in the year ended Dec 31, 2024 (-98.2%), $1.14 billion in the year ended Dec 31, 2023 (-9.0%), $1.25 billion in the year ended Dec 31, 2022 (-2.7%) and $1.29 billion in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly Deferred Taxes since the quarter ended Dec 31, 2018.
- Per Business Quant data, SHG's Deferred Taxes in the three quarters before the quarter ended Jun 30, 2026 was $17.67 million (quarter ended Mar 31, 2026), $500,720 (quarter ended Dec 31, 2025) and -$18.54 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 4.00 Mn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 511.00 Mn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 22.95 Mn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 535.88 Mn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | -441.00 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 865.00 Mn |
| 10 | Shinhan Financial | 37.03 Bn | 38.64 Bn | - | -39.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -39.14 Mn |
| Mar 31, 2026 | 17.67 Mn |
| Dec 31, 2025 | 500,719.97 |
| Sep 30, 2025 | -18.54 Mn |
| Jun 30, 2025 | -1.13 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Dec 31, 2024 | 14.40 Mn |
| Dec 31, 2018 | -199.64 Mn |
| Dec 31, 2017 | -134.61 Mn |
| Sep 30, 2017 | -455.56 Mn |
| Dec 31, 2011 | -2.03 Mn |
API Access
Shinhan Financial Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=SHG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "SHG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=SHG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();