Woori Financial stock: Group clears KRW 1 trillion profit again
Published on 11/11/2026 at 01:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEarnings momentum meets payout focus
- Third-quarter net profit exceeded the analyst consensus despite a year-on-year decline linked to a one-off comparison effect.
- Corporate lending and non-bank businesses lifted operating revenue to a record level for the first nine months.
- The board continued its shareholder-return policy with a higher quarterly dividend.
Woori Financial Group reported third-quarter net profit of KRW 1.04 trillion for the July-to-September period on October 23, 2026, according to The Korea Times. Profit fell 15.7 percent from a year earlier, but exceeded the average analyst estimate of KRW 963.4 billion. Operating profit rose 43.6 percent to KRW 1.41 trillion, while revenue increased 66.2 percent to KRW 13.3 trillion.
Profit mix remains the key issue
The comparison was affected by a one-off gain in the year-earlier period. Woori Financial's first-nine-month net profit reached KRW 2.66 trillion, down 4.9 percent year on year, while the company said profit excluding acquisition-related effects was higher.
Corporate lending supported interest income, which rose 1.7 percent year on year to KRW 2.37 trillion in the third quarter. Non-interest income moved in the opposite direction, falling 7.6 percent to KRW 581 billion. The result leaves investors weighing stronger operating momentum against pressure on the earnings mix.
Shareholder returns stay in focus
Woori Financial's board approved a quarterly cash dividend of KRW 220 per share, 10 percent above the comparable year-earlier payment, according to Financial News. The group also reported a preliminary common equity tier 1 ratio of 13.80 percent. A stronger capital position can support distributions, although credit quality and funding costs remain relevant risks for bank investors.
Banking group with broad reach
Woori Financial is headquartered in Seoul and operates across banking, insurance, credit cards, capital finance, investment securities and asset management, with activities in South Korea and international markets, according to Yahoo Finance. Its core banking operations are complemented by non-bank subsidiaries. In South Korea's financial holding-company market, it competes with KB Financial Group, Shinhan Financial Group and Hana Financial Group; these peers are larger by market capitalization, while Woori retains a broad banking-led profile.
Woori Financial Group at a glance
- Company: Woori Financial Group Inc.
- ISIN: KR7316140003
- Headquarters: Seoul, South Korea
- Business: Banking, insurance, credit cards, capital finance, securities and asset management
- Third-quarter period: July to September 2026
- Quarterly net profit: KRW 1.04 trillion
- Quarterly dividend: KRW 220 per share
South Korea's financial sector remains closely tied to the KOSPI, where bank earnings, capital strength and shareholder payouts remain important themes.
