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
DateValue
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