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Korean banking group, the former state-rescued Woori Bank now building out insurance and securities arms.
Korean banking group, the former state-rescued Woori Bank now building out insurance and securities arms.
Most income is the gap between deposit and loan rates at Woori Bank, which remains the core of the group, with insurance and securities arms being built to add fee income. The holding company was formed in 2019 around the bank, which was rescued by the state after the 1997 Asian financial crisis.
In one line: Korea's regional-bank-turned-national-holdco, akin to a smaller PNC/US Bancorp..
Moat: narrow (deposits, regulatory licence, scale). Established national bank deposit base, though historically the smallest of Korea's big-four financial groups in non-banking fee businesses.
Headquarters: Seoul, South Korea · Founded: 2019
Size WooriFinancialGroup (316140.KS) is a South Korea Financials company (Major Banks) with a market value of $17.0B, the 24th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩31,400 on 6 Nov 2026.
Performance Over six months the shares fell 5.2%, against +4.5% for the median peer and -24.5% for the South Korea market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 37.3% over the last twelve months (peer median +2.1%); the operating margin is 11.7% (peer median 42.2%).
Valuation It trades at 0.71× book value against a peer median of 1.40× (4th cheapest of 21).
Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩37.0T | ₩28.1T | ₩26.4T | ₩24.5T | ₩18.1T |
| Revenue growth | — | +6% | +8% | +36% | — |
| Net income | ₩2.90T | ₩2.97T | ₩2.93T | ₩2.38T | ₩3.05T |
| Free cash flow | n/a | ₩6.61T | ₩10.1T | ₩6.37T | ₩2.55T |
| Capital expenditure | n/a | ₩506B | ₩539B | ₩393B | ₩348B |
| Total debt | n/a | ₩94.5T | ₩82.8T | ₩76.3T | ₩76.1T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| WooriFinancialGroup 316140.KS | $17.0B | -5% | +37% | 10% | 0.71× | 4.8% |
| KBFinancialGroup 105560.KS | $37.5B | -5% | +32% | 10% | 0.99× | 5.6% |
| ShinhanGroup 055550.KS | $29.2B | -13% | +32% | 9% | 0.78× | 5.2% |
| Hanafinancialgr 086790.KS | $22.5B | -7% | +39% | 10% | 0.79× | 5.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 316140.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.8% | +3.8% | 4th lowest of 21 |
| 6-month return | -5.2% | +4.5% | 5th lowest of 21 |
| Return on equity | 9.5% | 11.9% | 4th lowest of 21 |
| Price / book | 0.71× | 1.40× | 4th cheapest of 21 |
| ROE the price implies | 4.8% | 13.1% | 5th least demanding of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| WooriFinancialGroup 316140.KS | South Korea | $17.0B | -5% | +37% | 10% | 0.71× | 4.8% | n/a |
| Banco Santander (Brasil) S.A. Sponsored ADR BSBR | United States | $17.4B | -20% | +18% | 10% | 2.10× | 12.6% | 10.2% |
| mBank MBK.WA | Poland | $17.7B | +37% | -1% | 19% | 3.05× | 37.6% | 19.1% |
| First Financial 2892.TW | Taiwan | $17.8B | +44% | +5% | 11% | 1.95× | 5.8% | 10.9% |
| Hua Xia Bank 600015.SS | China | $15.7B | -5% | -1% | 8% | 0.32× | 1.8% | 7.6% |
| Punjab National Bank PNB.NS | India | $15.4B | +16% | +3% | 15% | 0.90× | 17.0% | 15.1% |
| FinecoBank FBK.MI | Italy | $15.4B | +3% | +5% | 32% | 5.71× | 43.8% | 32.3% |
| Banca Mediolanum BMED.MI | Italy | $19.1B | +17% | -34% | 30% | 3.73× | 35.6% | 30.1% |
| Union Bank of India UNIONBANK.NS | India | $15.1B | +12% | 0% | 16% | 0.99× | 16.4% | 16.3% |
| Banco de Sabadell SAB.MC | Spain | $19.2B | +8% | -35% | 5% | 1.40× | 15.5% | 5.1% |
| Banco de Chile Sponsored ADR BCH | United States | $19.6B | +7% | +4% | 22% | 3.15× | 13.6% | 21.8% |
| Bankinter BKT.MC | Spain | $14.5B | +4% | 0% | 18% | 1.87× | 12.4% | 17.6% |
| Bank of Baroda BANKBARODA.NS | India | $13.7B | -7% | +8% | 12% | 0.74× | 13.2% | 11.8% |
| China Minsheng Banking 600016.SS | China | $21.3B | -8% | -10% | 4% | 0.26× | 1.6% | 4.5% |
| KeyCorp KEY | United States | $22.0B | -3% | +9% | 11% | 1.39× | 13.1% | 11.2% |
| Shanghai Rural Commercial Bank 601825.SS | China | $13.1B | +1% | -8% | 10% | 0.65× | 2.5% | 9.6% |
| Hanafinancialgr 086790.KS | South Korea | $22.5B | -7% | +39% | 10% | 0.79× | 5.3% | n/a |
| Indian Bank INDIANB.NS | India | $12.9B | +5% | +12% | 16% | 1.40× | 18.5% | 16.1% |
| Banco BPM BAMI.MI | Italy | $22.8B | +1% | -4% | 12% | 1.30× | 13.5% | 12.5% |
| Bank of Nanjing 601009.SS | China | $22.8B | +5% | +6% | 12% | 0.77× | 2.8% | 11.9% |
| Mega Financial 2886.TW | Taiwan | $24.0B | +37% | +1% | 10% | 1.97× | 5.9% | 10.0% |