Shinhan Financial (SHG) Tax Provisions (2009 - 2026)
Shinhan Financial (SHG) posted Tax Provisions of -$39.14 million for the quarter ended Jun 30, 2026, compared with -$1.13 million a year earlier.
Shinhan Financial (SHG) Tax Provisions (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Provisions at Shinhan Financial was $1.25 billion; for the year ended Dec 31, 2025, it came in at $1.3 billion, up 20.3% from the prior year.
- Annual Tax Provisions shows a five-year compound annual growth rate of 4.0% (years ended Dec 2020 to Dec 2025).
- In prior years, Shinhan Financial's Tax Provisions was $1.08 billion in the year ended Dec 31, 2024 (-5.2%), $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 (+20.6%).
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Tax Provisions since the quarter ended Dec 31, 2023.
- According to Business Quant data, Tax Provisions for the three prior quarters was $17.67 million (quarter ended Mar 31, 2026), $1.29 billion (quarter ended Dec 31, 2025) and -$18.54 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 6.36 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -51.13 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 2.49 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 1.70 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 1.24 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 1.17 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 1.94 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 1.40 Bn |
| 10 | Shinhan Financial | 37.03 Bn | 38.64 Bn | - | -39.14 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -39.14 Mn |
| Mar 31, 2026 | 17.67 Mn |
| Dec 31, 2025 | 1.29 Bn |
| Sep 30, 2025 | -18.54 Mn |
| Jun 30, 2025 | -1.13 Mn |
| Mar 31, 2025 | 1.10 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 |
Shinhan Financial Tax Provisions 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=tax-provisions&ticker=SHG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=SHG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();