Shinhan Financial (SHG) Tax Rate (2009 - 2026)
Shinhan Financial (SHG) posted quarterly Tax Rate of 1162789.65% for Q1 2026, up 116278959.0% year-over-year from N/an in Q1 2025, and down 97.11% quarter-over-quarter from 40263504.99% in Q4 2025.
Shinhan Financial (SHG) Tax Rate (2009 - 2026) Analysis & Trends
Shinhan Financial's Tax Rate history runs 18 years deep, the most recent figure standing at 1162789.65% for Q1 2026.
- In Q1 2026, Tax Rate rose 116278959.0% year-over-year to 1162789.65%; the TTM figure through Mar 2026 stood at 33.7% (up 2644.0% YoY), while the FY2025 annual figure was 26.62%, up 222.0% from the prior year.
- Tax Rate for Q1 2026 stood at 1162789.65%, down from 40263504.99% in the prior quarter.
- The five-year high for Tax Rate was 40263504.99% in Q4 2025, with the low at 30.5% in Q4 2022.
- The 5-year median for Tax Rate is 17.64% (2024), against an average of 4186198.67%.
- The sharpest annual moves came in 2023 and 2025: Tax Rate slumped 26770 bps in 2023, then jumped 2000000000 bps in 2025.
- Shinhan Financial's Tax Rate stood at 30.5% in 2022, then soared by 90 bps to 3.01% in 2023, then surged by 927 bps to 24.92% in 2024, then soared by 161574879 bps to 40263504.99% in 2025, then slumped by 97 bps to 1162789.65% in 2026.
- Business Quant data shows SHG's Tax Rate at 1162789.65% in Q1 2026, 40263504.99% in Q4 2025, and 25552502.97% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 20.53% |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 19.74% |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -30.86% |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -26.78% |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 28.68% |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -14.17% |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 14.44% |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 22.68% |
| 10 | Shinhan Financial | 1.54 Mn | -21.63 Bn | - | 1,162,789.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1,162,789.65% |
| Mar 31, 2026 | 1,162,789.65% |
| Mar 31, 2026 | 1,162,789.65% |
| Dec 31, 2025 | 40,263,504.99% |
| Dec 31, 2025 | 40,263,504.99% |
| Dec 31, 2025 | 40,263,504.99% |
| Sep 30, 2025 | 25,552,502.97% |
| Sep 30, 2025 | 25,552,502.97% |
| Sep 30, 2025 | 25,552,502.97% |
| Jun 30, 2025 | 12.14% |
| Jun 30, 2025 | 12.14% |
| Jun 30, 2025 | 12.14% |
| Mar 31, 2025 | 0.06% |
| Mar 31, 2025 | 0.06% |
| Mar 31, 2025 | 0.06% |
| Sep 30, 2024 | 24.92% |
| Sep 30, 2024 | 24.92% |
| Sep 30, 2024 | 24.92% |
| Jun 30, 2024 | 22.47% |
| Jun 30, 2024 | 22.47% |