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
DateValue
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