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
DateValue
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