Shinhan Financial (SHG) Tax Provisions (2009 - 2026)
Shinhan Financial (SHG) posted quarterly Tax Provisions of $17.7 million for Q1 2026, up 1508.86% year-over-year from $1.1 million in Q1 2025, and down 92.95% quarter-over-quarter from $250.8 million 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 $17.7 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 1508.86% year-over-year to $17.7 million; the TTM figure through Mar 2026 stood at $982.2 million (up 54.93% YoY), while the FY2025 annual figure was $1.3 billion, up 20.27% from the prior year.
- Tax Provisions for Q1 2026 stood at $17.7 million, down from $250.8 million in the prior quarter.
- The five-year high for Tax Provisions was $375.8 million in Q2 2022, with the low at -$137.3 million in Q4 2022.
- The 5-year median for Tax Provisions is $134.2 million (2025), against an average of $148.3 million.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions slumped 98.4% in 2022, then soared 20687.57% in 2023.
- Shinhan Financial's Tax Provisions stood at -$137.3 million in 2022, then increased by 0.67% to -$136.3 million in 2023, then surged by 338.13% to $324.7 million in 2024, then fell by 22.75% to $250.8 million in 2025, then plunged by 92.95% to $17.7 million in 2026.
- Business Quant data shows SHG's Tax Provisions at $17.7 million in Q1 2026, $250.8 million in Q4 2025, and $360.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | Shinhan Financial | 1.54 Mn | -21.63 Bn | - | 17.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.67 Mn |
| Dec 31, 2025 | 250.81 Mn |
| Sep 30, 2025 | 359.99 Mn |
| Jun 30, 2025 | 353.71 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Sep 30, 2024 | 324.69 Mn |
| Jun 30, 2024 | 307.02 Mn |
| Mar 31, 2024 | 1.14 Mn |
| Dec 31, 2023 | -136.35 Mn |
| Sep 30, 2023 | 283.12 Mn |
| Jun 30, 2023 | 349.76 Mn |
| Mar 31, 2023 | 15.36 Mn |
| Dec 31, 2022 | -137.26 Mn |
| Sep 30, 2022 | 5.55 Mn |
| Jun 30, 2022 | 375.84 Mn |
| Mar 31, 2022 | 73,902.74 |
| Sep 30, 2021 | 347.89 Mn |
| Jun 30, 2021 | 402.55 Mn |
| Mar 31, 2021 | 1.14 Mn |
| Sep 30, 2020 | 332.78 Mn |