Shinhan Financial (SHG) Tax Provisions (2009 - 2026)
Shinhan Financial (SHG) recorded quarterly Tax Provisions of $391.5 million in Q1 2026, up 56.1% quarter-over-quarter from $250.8 million in Q4 2025, and up 16.15% on a YoY basis from $337.1 million in Q1 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.
- In Q1 2026, Tax Provisions rose 16.15% year-over-year to $391.5 million; the TTM figure through Mar 2026 stood at $1.0 billion (up 50.82% YoY), while the FY2025 annual figure was $1.3 billion, up 20.27% from the prior year.
- Tax Provisions was $391.5 million for Q1 2026 at Shinhan Financial, up from $250.8 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $391.5 million in Q1 2026 to a low of -$141.5 million in Q4 2022.
- Historically, Tax Provisions has averaged $133.2 million across 5 years, with a median of $10.5 million in 2023.
- Biggest YoY gain for Tax Provisions was 29345.0% in 2025; the steepest drop was 222.83% in 2025.
- A 5-year view of Tax Provisions shows it stood at -$141.5 million in 2022, then rose by 2.84% to -$137.5 million in 2023, then soared by 336.09% to $324.7 million in 2024, then retreated by 22.75% to $250.8 million in 2025, then soared by 56.1% to $391.5 million in 2026.
- The last three Tax Provisions figures came in at $391.5 million (Q1 2026), $250.8 million (Q4 2025), and $360.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -78,154.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -633.64 Mn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.03 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.25 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -709.14 Mn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 391.52 Mn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Pnc Financial Services | 96.18 Bn | 96.23 Bn | - | 415.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 391.52 Mn |
| Dec 31, 2025 | 250.81 Mn |
| Sep 30, 2025 | 359.99 Mn |
| Jun 30, 2025 | -1.13 Mn |
| Mar 31, 2025 | 337.07 Mn |
| Sep 30, 2024 | 324.69 Mn |
| Jun 30, 2024 | 919,335.42 |
| Mar 31, 2024 | 1.14 Mn |
| Dec 31, 2023 | -137.52 Mn |
| Sep 30, 2023 | -1.31 Mn |
| Jun 30, 2023 | 349.76 Mn |
| Mar 31, 2023 | 15.36 Mn |
| Dec 31, 2022 | -141.54 Mn |
| Sep 30, 2022 | 5.55 Mn |
| Jun 30, 2022 | 375.84 Mn |
| Mar 31, 2022 | 73,902.74 |
| Dec 31, 2021 | 160.50 Mn |
| Sep 30, 2021 | 347.89 Mn |
| Jun 30, 2021 | 402.55 Mn |
| Mar 31, 2021 | 1.14 Mn |