Shinhan Financial (SHG) Tax Rate (2009 - 2026)
Shinhan Financial (SHG) recorded quarterly Tax Rate of 25.76% in Q1 2026, down 100.0% quarter-over-quarter from 40263504.99% in Q4 2025, and up 140.0% on a YoY basis from 10.73% in Q1 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.
- In Q1 2026, Tax Rate rose 140.0% year-over-year to 25.76%; the TTM figure through Mar 2026 stood at 65.87% (up 5638.0% YoY), while the FY2025 annual figure was 26.62%, up 222.0% from the prior year.
- Tax Rate was 25.76% for Q1 2026 at Shinhan Financial, down from 40263504.99% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 40263504.99% in Q4 2025 to a low of 76250.26% in Q2 2025.
- Historically, Tax Rate has averaged 4108757.56% across 5 years, with a median of 9.36% in 2022.
- Biggest YoY gain for Tax Rate was 2000000000 bps in 2025; the steepest drop was 7624667 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 42.76% in 2022, then soared by 93 bps to 3.04% in 2023, then surged by 920 bps to 24.92% in 2024, then jumped by 161574879 bps to 40263504.99% in 2025, then plunged by 100 bps to 25.76% in 2026.
- The last three Tax Rate figures came in at 25.76% (Q1 2026), 40263504.99% (Q4 2025), and 25552502.97% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Pnc Financial Services | 96.18 Bn | 96.23 Bn | - | 18.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.76% |
| Mar 31, 2026 | 25.76% |
| 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% |
| Jun 30, 2025 | -76,250.26% |
| Jun 30, 2025 | -76,250.26% |
| Mar 31, 2025 | 24.36% |
| Mar 31, 2025 | 24.36% |
| Sep 30, 2024 | 24.92% |
| Sep 30, 2024 | 24.92% |
| Jun 30, 2024 | -3.59% |
| Jun 30, 2024 | -3.59% |
| Mar 31, 2024 | 0.09% |
| Mar 31, 2024 | 0.09% |
| Dec 31, 2023 | -3.04% |
| Dec 31, 2023 | -3.04% |
| Sep 30, 2023 | 5.92% |
| Sep 30, 2023 | 5.92% |