NYSE : WF
Woori Financial Group Inc. — Financial statements
Financials · Banks - Regional · South Korea
Last price 66.83 USD (Nov 2, 2026, 9:58 AM EST) · Market cap 16.62B
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Financial statements
Income statement
Fiscal year January - December; amounts in KRW.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 19.95T | 19.02T | 20.49T | 19.45T | 13.92T | 9.47T |
| Interest Income on Investments | 2.68T | 2.65T | 1.83T | 1.43T | 899.29B | 736.83B |
| Total Interest Income | 22.64T | 21.67T | 22.32T | 20.88T | 14.81T | 10.20T |
| Interest Paid on Deposits | 11.67T | 11.40T | 13.13T | 11.90T | 5.96T | 2.91T |
| Interest Paid on Borrowings | 1.15T | 756.02B | ||||
| Total Interest Expense | 12.82T | 12.16T | 13.13T | 11.90T | 5.96T | 2.91T |
| Net Interest Income | 9.82T | 9.52T | 9.20T | 8.98T | 8.86T | 7.29T |
| Gain (Loss) on Sale of Assets | 5.43B | 42.35B | 4.83B | 3.39B | 52.67B | 47.73B |
| Gain (Loss) on Sale of Investments | 9.88B | 136.25B | 115.73B | -5.11B | -24.59B | 103.39B |
| Other Non-Interest Income | 2.97T | 2.26T | 2.09T | 2.21T | 1.95T | 1.80T |
| Total Non-Interest Income | 3.08T | 2.55T | 2.49T | 2.41T | 2.05T | 2.05T |
| Revenues Before Loan Losses | 12.90T | 12.07T | 11.69T | 11.39T | 10.91T | 9.35T |
| Provision for Loan Losses | 1.86T | 2.10T | 1.72T | 1.89T | 885.27B | 536.84B |
| Revenue | 11.04T | 9.96T | 9.97T | 9.50T | 10.02T | 8.81T |
| Salaries and Employee Benefits | 744.80B | 61.57B | 27.63B | 12.95B | 9.63B | 17.77B |
| Selling, General & Administrative | 4.16T | 4.92T | 4.24T | 4.24T | 4.36T | 3.99T |
| Other Non-Interest Expense | 1.72T | 1.26T | 1.43T | 1.71T | 1.17T | 1.02T |
| Total Non-Interest Expense | 6.80T | 6.27T | 5.72T | 5.93T | 5.50T | 4.99T |
| EBT Excluding Unusual Items | 4.24T | 3.69T | 4.25T | 3.57T | 4.52T | 3.83T |
| Asset Writedown | -53.23B | -85.38B | -3.48B | 101.00M | 50.00M | -490.00M |
| Other Unusual Items | -86.99B | 482.10B | -28.51B | -52.85B | -35.28B | -75.92B |
| Pretax Income | 4.10T | 4.09T | 4.22T | 3.52T | 4.49T | 3.75T |
| Income Tax Expense | 1.01T | 862.66B | 1.05T | 890.56B | 1.16T | 941.87B |
| Earnings From Continuing Operations | 3.09T | 3.23T | 3.17T | 2.63T | 3.32T | 2.81T |
| Minority Interest in Earnings | -101.31B | -103.16B | -85.47B | -120.60B | -182.30B | -219.44B |
| Net Income | 2.99T | 3.12T | 3.09T | 2.51T | 3.14T | 2.59T |
| Preferred Dividends & Other Adjustments | 115.26B | 150.06B | 158.68B | 131.15B | 91.76B | 66.25B |
| Net Income to Common | 2.87T | 2.97T | 2.93T | 2.38T | 3.05T | 2.52T |
| Basic Shares Outstanding | 725.01M | 733.71M | 741.27M | 735.39M | 727.72M | 724.42M |
| Diluted Shares Outstanding | 725.01M | 733.71M | 741.27M | 735.39M | 727.72M | 724.42M |
| EPS (Basic) | 3,960.02 | 4,053.74 | 3,949.03 | 3,229.77 | 4,191.09 | 3,480.98 |
| EPS (Diluted) | 3,960.02 | 4,053.74 | 3,949.03 | 3,229.77 | 4,191.09 | 3,480.98 |
| Dividend Per Share | 760.00 | 1.36K | 1.20K | 1.00K | 1.13K | 900.00 |
| Effective Tax Rate | 24.68% | 21.09% | 24.90% | 25.32% | 25.89% | 25.12% |
Balance sheet
Fiscal year January - December; amounts in KRW.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 37.87T | 15.02T | 14.61T | 16.18T | 11.25T | 7.57T |
| Investment Securities | 100.47T | 88.31T | 54.12T | 46.89T | 49.37T | 54.95T |
| Trading Asset Securities | 37.36T | 29.40T | 23.16T | 20.27T | 18.77T | 12.61T |
| Total Investments | 137.83T | 117.70T | 77.27T | 67.16T | 68.14T | 67.56T |
| Gross Loans | 446.64T | 387.36T | 378.89T | 358.21T | 339.41T | 328.36T |
| Allowance for Loan Losses | -3.25T | -3.36T | -2.98T | -2.33T | -1.89T | |
| Other Adjustments to Gross Loans | -9.11B | -9.27B | -11.36B | -10.24B | -7.30B | |
| Net Loans | 446.64T | 384.11T | 375.52T | 355.22T | 337.07T | 326.47T |
| Property, Plant & Equipment | 5.83T | 7.59T | 7.29T | 6.46T | 5.73T | 4.95T |
| Goodwill | 386.99B | 482.71B | 445.09B | 397.53B | 345.45B | |
| Other Intangible Assets | 1.04T | 339.84B | 333.00B | 309.66B | 238.96B | 232.23B |
| Investments in Real Estate | 998.85B | 450.79B | 472.77B | 387.71B | 389.50B | |
| Accrued Interest Receivable | 2.28T | 1.78T | 1.97T | 1.67T | 1.05T | |
| Other Receivables | 10.22T | 9.01T | 11.15T | 8.34T | 9.21T | |
| Restricted Cash | 23.48T | 12.67T | 14.38T | 23.13T | 13.65T | |
| Other Current Assets | 534.00B | 6.53T | 3.63T | 2.56T | 2.33T | 2.14T |
| Long-Term Deferred Tax Assets | 413.65B | 72.94B | 93.37B | 109.30B | 31.13B | |
| Other Long-Term Assets | 6.26T | 32.06T | 22.35T | 21.36T | 21.46T | 13.37T |
| Total Assets | 636.01T | 601.46T | 525.75T | 498.00T | 480.47T | 447.18T |
| Accounts Payable | 8.05T | 7.24T | 10.17T | 5.98T | 6.95T | |
| Accrued Expenses | 4.46T | 4.69T | 4.34T | 3.22T | 2.07T | |
| Interest Bearing Deposits | 376.74T | 377.05T | 367.37T | 357.78T | 342.11T | 317.90T |
| Total Deposits | 376.74T | 377.05T | 367.37T | 357.78T | 342.11T | 317.90T |
| Short-Term Borrowings | 552.00B | 15.95T | 17.55T | 12.58T | 13.00T | 8.27T |
| Current Portion of Leases | 215.84B | 195.08B | 208.25B | 169.78B | 150.62B | |
| Current Income Taxes Payable | 723.37B | 127.13B | 103.66B | 843.55B | 584.49B | |
| Other Current Liabilities | 1.05T | 976.77B | 927.34B | 857.61B | 847.19B | |
| Long-Term Debt | 101.46T | 87.75T | 76.92T | 71.10T | 72.22T | 69.08T |
| Long-Term Leases | 325.74B | 332.01B | 126.20B | 149.38B | 192.59B | |
| Long-Term Unearned Revenue | 949.48B | 1.14T | 662.40B | 565.48B | 724.19B | |
| Pension & Post-Retirement Benefits | 115.09B | 5.42B | 6.94B | 35.20B | 47.99B | |
| Long-Term Deferred Tax Liabilities | 504.83B | 858.82B | 470.31B | 31.80B | 186.95B | |
| Other Long-Term Liabilities | 116.57T | 66.46T | 12.45T | 6.13T | 9.66T | 11.32T |
| Total Liabilities | 595.32T | 563.60T | 489.86T | 464.61T | 448.85T | 418.33T |
| Common Stock | 3.85T | 3.80T | 3.80T | 3.80T | 3.64T | 3.64T |
| Additional Paid-In Capital | 1.37T | 933.44B | 934.10B | 935.56B | 682.38B | 682.38B |
| Retained Earnings | 30.26T | 28.79T | 26.95T | 24.99T | 23.75T | 21.39T |
| Treasury Stock | -35.52B | -35.52B | -39.35B | -3.82B | -3.82B | |
| Comprehensive Income & Other | 3.71T | 2.53T | 2.45T | 1.98T | 692.88B | 130.59B |
| Total Common Equity | 39.18T | 36.02T | 34.10T | 31.67T | 28.76T | 25.84T |
| Minority Interest | 1.52T | 1.84T | 1.80T | 1.73T | 2.87T | 3.01T |
| Shareholders' Equity | 40.69T | 37.86T | 35.90T | 33.40T | 31.63T | 28.85T |
| Total Liabilities & Equity | 636.01T | 601.46T | 525.75T | 498.00T | 480.47T | 447.18T |
| Total Debt | 102.01T | 104.24T | 95.00T | 84.02T | 85.54T | 77.70T |
| Net Cash (Debt) | -26.78T | -45.22T | -46.68T | -44.22T | -48.67T | -47.19T |
| Net Cash Per Share | -36,938.93 | -61,633.58 | -62,967.12 | -60,130.88 | -66,877.25 | -65,139.60 |
| Filing Date Shares Outstanding | 725.01M | 730.99M | 739.51M | 751.90M | 728.06M | 728.06M |
| Total Common Shares Outstanding | 725.01M | 730.99M | 739.51M | 751.90M | 728.06M | 728.06M |
| Book Value Per Share | 48,643.64 | 44,195.77 | 40,954.73 | 37,313.37 | 35,229.94 | 32,343.07 |
| Tangible Book Value | 38.13T | 35.29T | 33.28T | 30.91T | 28.13T | 25.26T |
| Tangible Book Value Per Share | 47,205.04 | 43,201.45 | 39,851.69 | 36,309.57 | 34,355.72 | 31,549.62 |
Cash flow statement
Fiscal year January - December; amounts in KRW.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 3.12T | 3.09T | 2.51T | 3.14T | 2.59T | |
| Depreciation & Amortization | 1.16T | 1.09T | 916.98B | 842.02B | 711.77B | |
| Other Amortization | 95.19B | 75.42B | 76.19B | 87.29B | 80.13B | |
| Gain (Loss) on Sale of Assets | -42.35B | -4.83B | -3.39B | 9.52B | -47.73B | |
| Gain (Loss) on Sale of Investments | -710.20B | -1.62T | -691.58B | 691.48B | -221.10B | |
| Total Asset Writedown | 85.38B | 3.48B | -101.00M | -50.00M | 490.00M | |
| Provision for Credit Losses | 2.10T | 1.72T | 1.89T | 885.27B | 536.84B | |
| Change in Trading Asset Securities | 988.11B | 1.59T | -1.72T | -1.65T | 42.50B | |
| Change in Other Net Operating Assets | -5.60T | -18.49T | -17.58T | -9.89T | -24.00T | |
| Other Operating Activities | -1.39T | 3.01T | 1.04T | 968.24B | 279.47B | |
| Operating Cash Flow | -197.42B | -9.54T | -13.55T | -4.91T | -20.03T | |
| Capital Expenditures | -325.95B | -221.86B | -164.70B | -172.88B | -119.25B | |
| Sale of Property, Plant and Equipment | 152.72B | 34.64B | 26.16B | 97.26B | 96.65B | |
| Cash Acquisitions | -898.59B | -672.62B | -829.37B | -724.78B | -1.64B | |
| Investment in Securities | -8.64T | 1.07T | -969.26B | -6.06T | -10.57T | |
| Divestitures | -464.00M | |||||
| Purchase / Sale of Intangibles | -177.14B | -185.53B | -225.99B | -173.77B | -138.04B | |
| Other Investing Activities | 6.29B | -126.77B | 8.72B | 62.39B | 66.31B | |
| Investing Cash Flow | -9.88T | -34.30B | -2.25T | -6.97T | -10.67T | |
| Long-Term Debt Issued | 41.60T | 41.07T | 33.43T | 26.28T | 35.87T | |
| Long-Term Debt Repaid | -31.86T | -38.72T | -34.49T | -24.08T | -25.96T | |
| Lease Payments | -251.56B | -238.77B | -160.67B | -187.53B | -177.59B | |
| Net Debt Issued (Repaid) | 9.74T | 2.34T | -1.06T | 2.21T | 9.92T | |
| Issuance of Common Stock | 797.84B | 1.20T | 521.80B | 818.07B | 399.02B | |
| Repurchase of Common Stock | -1.69T | -1.86T | -1.26T | -643.00B | -591.41B | |
| Common Dividends Paid | -1.08T | -1.04T | -1.11T | -746.75B | -434.61B | |
| Net Increase (Decrease) in Deposit Accounts | 13.84T | 3.41T | 15.18T | 23.54T | 23.83T | |
| Other Financing Activities | -84.35B | 599.97B | 41.66B | 282.20B | -213.08B | |
| Financing Cash Flow | 21.53T | 4.66T | 12.32T | 25.46T | 32.91T | |
| Foreign Exchange Rate Adjustments | -228.57B | 1.64T | -170.15B | 30.86B | 1.06T | |
| Net Cash Flow | 11.22T | -3.28T | -3.66T | 13.61T | 3.27T | |
| Free Cash Flow | -523.37B | -9.76T | -13.72T | -5.08T | -20.15T | |
| Free Cash Flow Margin | -5.25% | -97.88% | -144.43% | -50.74% | -228.64% | |
| Free Cash Flow Per Share | -713.31 | -13,170.17 | -18,655.64 | -6,987.40 | -27,815.43 | |
| Free Cash Flow After Leases | -774.93B | -10.00T | -13.88T | -5.27T | -20.33T | |
| Cash Interest Paid | 12.41T | 12.48T | 10.63T | 4.97T | 3.02T | |
| Cash Income Tax Paid | 709.00B | 424.77B | 1.54T | 1.03T | 565.54B |
Ratios
Fiscal year January - December; amounts in KRW.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 16.59B | 14.18B | 7.73B | 7.54B | 6.69B | 7.76B |
| Last Close Price | 66.29 | 56.96 | 28.68 | 26.06 | 23.19 | 25.32 |
| PE Ratio | 7.49 | 6.88 | 3.90 | 4.12 | 2.76 | 3.67 |
| PS Ratio | 2.04 | 2.05 | 1.14 | 1.03 | 0.84 | 1.05 |
| PB Ratio | 0.55 | 0.54 | 0.32 | 0.29 | 0.27 | 0.32 |
| Debt / Equity Ratio | 2.51 | 2.75 | 2.65 | 2.52 | 2.71 | 2.69 |
| Net Debt / Equity Ratio | 0.66 | 1.19 | 1.30 | 1.32 | 1.54 | 1.64 |
| Net Debt / FCF Ratio | -86.41 | -4.78 | -3.22 | -9.57 | -2.34 | |
| Return on Equity (ROE) | 7.93% | 8.75% | 9.15% | 8.08% | 10.99% | 10.10% |
| Return on Assets (ROA) | 0.51% | 0.57% | 0.62% | 0.54% | 0.72% | 0.66% |
| Earnings Yield | 13.34% | 15.27% | 27.04% | 25.64% | 37.36% | 27.99% |
| FCF Yield | 12.46% | -2.56% | -85.54% | -140.36% | -60.47% | -217.92% |
| Dividend Yield | 4.33% | 4.86% | 7.78% | 7.69% | 9.78% | 7.09% |
| Payout Ratio | 32.48% | 34.48% | 33.60% | 44.27% | 23.77% | 16.79% |
| Buyback Yield / Dilution | 1.47% | 1.02% | -0.80% | -1.05% | -0.46% | -0.30% |
| Total Shareholder Return | 5.81% | 5.88% | 6.98% | 6.64% | 9.33% | 6.79% |