US Bancorp DE Purchases 9,207 Shares of Woori Bank (NYSE:WF)

Key Points

• US Bancorp DE has increased its stake in Woori Bank by 32.1%, owning 37,864 shares worth approximately $1.26 million as of the latest SEC filing.
• Woori Bank reported earnings per share of $2.63 for the last quarter, significantly missing the consensus estimate of $3,574.37.
• The bank's stock currently has a market cap of $13.51 billion and trades with a price-to-earnings ratio of 6.87, reflecting a robust valuation compared to earnings.

US Bancorp DE grew its position in Woori Bank (NYSE:WF - Free Report) by 32.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,864 shares of the bank's stock after purchasing an additional 9,207 shares during the period. US Bancorp DE's holdings in Woori Bank were worth $1,264,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of WF. Canopy Partners LLC acquired a new position in Woori Bank during the first quarter worth approximately $201,000. Optas LLC acquired a new position in shares of Woori Bank in the first quarter valued at approximately $203,000. Foster Group Inc. acquired a new position in shares of Woori Bank in the first quarter valued at approximately $221,000. Abacus Wealth Partners LLC acquired a new position in shares of Woori Bank in the first quarter valued at approximately $249,000. Finally, XTX Topco Ltd bought a new stake in shares of Woori Bank in the first quarter valued at approximately $298,000. Institutional investors own 3.41% of the company's stock.

Woori Bank Price Performance

WF stock traded up $0.11 during trading on Wednesday, reaching $55.31. 8,765 shares of the company were exchanged, compared to its average volume of 64,483. Woori Bank has a twelve month low of $29.44 and a twelve month high of $57.97. The company has a market capitalization of $13.69 billion, a price-to-earnings ratio of 6.97, a P/E/G ratio of 0.97 and a beta of 1.08. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.08 and a quick ratio of 1.08. The company has a 50-day moving average of $50.80 and a two-hundred day moving average of $40.66.

Woori Bank (NYSE:WF - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The bank reported $2.63 EPS for the quarter, missing analysts' consensus estimates of $3,574.37 by ($3,571.74). The firm had revenue of $2 billion during the quarter, compared to the consensus estimate of $2,790.97 billion. Woori Bank had a net margin of 11.84% and a return on equity of 8.31%. As a group, equities analysts predict that Woori Bank will post 8.24 earnings per share for the current fiscal year.

Woori Bank Profile

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.