Shinhan Financial (SHG) Tax Rate (2009 - 2026)
Shinhan Financial's (SHG) quarterly Tax Rate came in at 25.76% in Q1 2026, up 140.0% year-on-year from 10.73% in Q1 2025, and down 100.0% quarter-over-quarter from 207631252.89% 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 25.76% for Q1 2026.
- On a quarterly basis, Tax Rate rose 140.0% year-over-year to 25.76% in Q1 2026; TTM through Mar 2026 was 109.57%, a 10343.0% increase from a year earlier, with the FY2025 full-year figure at 26.62%, up 222.0% from the prior year.
- Tax Rate slipped to 25.76% in Q1 2026 per SHG's latest filing, from 207631252.89% in the prior quarter.
- Across five years, Tax Rate topped out at 207631252.89% in Q4 2025 and bottomed at 1315733.49% in Q3 2025.
- The 5-year median for Tax Rate is 0.2% (2022), against an average of 12889971.44%.
- Across the five-year window, Tax Rate soared 36190 bps in 2022 and sank 131572930 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 23.41% in 2022, then surged by 87 bps to 3.01% in 2023, then plunged by 39 bps to 4.19% in 2024, then jumped by 2000000000 bps to 207631252.89% in 2025, then tumbled by 100 bps to 25.76% in 2026.
- Per Business Quant, the three latest SHG Tax Rate figures stand at 25.76% (Q1 2026), 207631252.89% (Q4 2025), and 1315733.49% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | 0.05 |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | 25.76 |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -22.54 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -23.21 |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 19.83 |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -25.87 |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 18.98 |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 19.39 |
| 10 | Itau Unibanco Holding | 89.22 Bn | 46.51 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.76 |
| Mar 31, 2026 | 25.76 |
| Mar 31, 2026 | 25.76 |
| Dec 31, 2025 | 207.63 Mn |
| Dec 31, 2025 | 207.63 Mn |
| Dec 31, 2025 | 207.63 Mn |
| Sep 30, 2025 | -1.32 Mn |
| Sep 30, 2025 | -1.32 Mn |
| Sep 30, 2025 | -1.32 Mn |
| Jun 30, 2025 | -76,250.26 |
| Jun 30, 2025 | -76,250.26 |
| Jun 30, 2025 | -76,250.26 |
| Mar 31, 2025 | 24.36 |
| Mar 31, 2025 | 24.36 |
| Mar 31, 2025 | 24.36 |
| Sep 30, 2024 | -4.19 |
| Sep 30, 2024 | -4.19 |
| Sep 30, 2024 | -4.19 |
| Jun 30, 2024 | -3.59 |
| Jun 30, 2024 | -3.59 |