Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
South KoreaIPO:
01 October 2003Website:
http://www.woorifg.comNext earnings report:
06 February 2025Last dividends:
30 September 2024Next dividends:
N/APrice
after hours | Fri, 15 Nov 2024 22:29:49 GMTAnalysts recommendations
Institutional Ownership
WF Latest News
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Woori Bank (WF) have what it takes?
Call Start: 03:00 January 1, 0000 3:36 AM ET Woori Financial Group Inc. (NYSE:WF ) Q3 2024 Earnings Conference Call October 25, 2024 03:00 ET Company Participants Han Hong Sung - Head of Investor Relations Lee Sung-Wook - Group Chief Financial Officer Park Jang-Geun - Chief Revenue Officer Conference Call Participants Han Hong Sung Good day everyone. I am Han Hong Sung, Head of Investor Relations at Woori Financial Group.
Woori's recent re-rating is well-justified. Still, the stock remains too deeply discounted. Investors get paid a well-covered yield to sit and wait.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Woori Bank (WF) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Woori Bank (WF) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Woori Bank (WF) have what it takes?
Woori set to benefit in the short term by reinvigorated real estate market in Korea. Long-term benefits related to Value-up programme could generate a significant upside. Woori pursues purchase of two Korean life insurers to enhance non-interest income.
Woori Bank (WF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Korean government agency KDIC is no longer a shareholder of Woori Financial, and this should give WF greater flexibility to pursue various shareholder value enhancement initiatives. I think that returning a larger proportion of earnings to shareholders and increasing the financial contribution from non-banking businesses are potential catalysts for Woori Financial. I upgrade my rating for WF to a Buy; the stock's P/E and P/B valuations are undemanding.
What type of business is Woori Financial?
Woori Financial Group Inc., together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans. It also offers debit and credit cards, cash services, card loans, and related services; lease financing; and securities operation, sale of financial instruments, project financing, and other related solutions. In addition, the company provides credit purchase, cash advance, credit card loans, foreign exchange services and dealing, import and export-related services, offshore lending, syndicated loans and foreign currency securities investment, investment trust products, bancassurance, and private equity funds. Further, it is involved in the real estate, system software development and maintenance, financing, credit information, securities investment and trading, derivatives trading, asset securitization, investment and international banking, money transfer, and other service. Additionally, the company offers automated telephone, Internet, and mobile banking services; and trust management, trustee, and custodian service. Woori Financial Group Inc. was founded in 1899 and is headquartered in Seoul, South Korea.
What sector is Woori Financial in?
Woori Financial is in the Financial Services sector
What industry is Woori Financial in?
Woori Financial is in the Banks - Regional industry
What country is Woori Financial from?
Woori Financial is headquartered in South Korea
When did Woori Financial go public?
Woori Financial initial public offering (IPO) was on 01 October 2003
What is Woori Financial website?
https://www.woorifg.com
Is Woori Financial in the S&P 500?
No, Woori Financial is not included in the S&P 500 index
Is Woori Financial in the NASDAQ 100?
No, Woori Financial is not included in the NASDAQ 100 index
Is Woori Financial in the Dow Jones?
No, Woori Financial is not included in the Dow Jones index
When was Woori Financial the previous earnings report?
No data
When does Woori Financial earnings report?
The next expected earnings date for Woori Financial is 06 February 2025