Shinhan Financial (SHG) Tax Provisions (2009 - 2026)
Shinhan Financial's (SHG) quarterly Tax Provisions came in at $391.5 million in Q1 2026, up 16.15% year-on-year from $337.1 million in Q1 2025, and down 69.73% quarter-over-quarter from $1.3 billion in Q4 2025.
Shinhan Financial (SHG) Tax Provisions (2009 - 2026) Analysis & Trends
Shinhan Financial's Tax Provisions history runs 18 years deep, the most recent figure standing at $391.5 million for Q1 2026.
- On a quarterly basis, Tax Provisions rose 16.15% year-over-year to $391.5 million in Q1 2026; TTM through Mar 2026 was $1.7 billion, a 385.14% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 20.27% from the prior year.
- Tax Provisions fell to $391.5 million in Q1 2026 per SHG's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Tax Provisions topped out at $1.3 billion in Q4 2025 and bottomed at -$137.3 million in Q4 2022.
- The 5-year median for Tax Provisions is $1.0 million (2024), against an average of $109.1 million.
- Across the five-year window, Tax Provisions sank 1335.32% in 2022 and soared 29345.0% in 2025, its largest moves.
- Year by year, Tax Provisions stood at -$137.3 million in 2022, then rose by 0.67% to -$136.3 million in 2023, then surged by 103.02% to $4.1 million in 2024, then soared by 31288.68% to $1.3 billion in 2025, then slumped by 69.73% to $391.5 million in 2026.
- Per Business Quant, the three latest SHG Tax Provisions figures stand at $391.5 million (Q1 2026), $1.3 billion (Q4 2025), and -$18.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | 428,992.73 |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | 391.52 Mn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -78,154.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -633.64 Mn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 1.03 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.25 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -709.14 Mn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 415.00 Mn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 469.00 Mn |
| 10 | Itau Unibanco Holding | 89.22 Bn | 46.51 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 391.52 Mn |
| Dec 31, 2025 | 1.29 Bn |
| Sep 30, 2025 | -18.54 Mn |
| Jun 30, 2025 | -1.13 Mn |
| Mar 31, 2025 | 337.07 Mn |
| Sep 30, 2024 | 4.12 Mn |
| Jun 30, 2024 | 919,335.42 |
| Mar 31, 2024 | 1.14 Mn |
| Dec 31, 2023 | -136.35 Mn |
| Sep 30, 2023 | -1.31 Mn |
| Jun 30, 2023 | 3.45 Mn |
| Mar 31, 2023 | 15.36 Mn |
| Dec 31, 2022 | -137.26 Mn |
| Sep 30, 2022 | 5.55 Mn |
| Jun 30, 2022 | -11.94 Mn |
| Mar 31, 2022 | 73,902.74 |
| Sep 30, 2021 | 6.05 Mn |
| Jun 30, 2021 | 966,425.41 |
| Mar 31, 2021 | 1.14 Mn |
| Sep 30, 2020 | 332.78 Mn |