Woori Financial Group Posts Strong Q1 2026 Revenue Growth Despite Mixed Profit Trends

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2026.04.24 10:47
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Woori Financial Group reported strong Q1 2026 results, with revenue up 45.5% year-on-year to KRW 15.28 trillion. Net income reached KRW 638.9 billion, up 87.0% from the previous quarter but down 2.4% year-on-year. Woori Bank's revenue surged 64.5% sequentially and 41.8% year-on-year to KRW 12.00 trillion, though net income fell 17.8% year-on-year. Analysts rate WF stock as a Buy with a price target of $72.26, while Spark's AI Analyst gives it a Neutral rating due to high leverage and volatile cash flows. Current market cap is $17.16B.