Woori Bank (NYSE:WF) Issues Earnings Results

Key Points

• Woori Bank reported quarterly EPS of $1.59, missing consensus by $1.01 (expected $2.60), while delivering a return on equity of 8.74% and a net margin of 13.49%.
• Shares fell $2.32 to $68.32 on Friday with volume above average; the stock trades at a PE of 7.88, market cap of $16.72 billion, and a 12‑month range of $34.80–$84.71.
• Analyst sentiment has softened with recent downgrades to "hold" (offset by at least one buy), leaving an average rating of Moderate Buy, and institutional ownership is low at 3.41%.

Woori Bank (NYSE:WF - Get Free Report) issued its earnings results on Friday. The bank reported $1.59 earnings per share for the quarter, missing analysts' consensus estimates of $2.60 by ($1.01), Zacks reports. Woori Bank had a return on equity of 8.74% and a net margin of 13.49%.

Woori Bank Price Performance

Shares of WF stock traded down $2.32 during trading hours on Friday, reaching $68.32. The stock had a trading volume of 128,659 shares, compared to its average volume of 98,867. The stock's fifty day simple moving average is $70.98 and its 200 day simple moving average is $62.49. The company has a current ratio of 1.10, a quick ratio of 1.13 and a debt-to-equity ratio of 0.90. Woori Bank has a 12 month low of $34.80 and a 12 month high of $84.71. The firm has a market capitalization of $16.72 billion, a PE ratio of 7.88, a PEG ratio of 0.73 and a beta of 1.13.

Hedge Funds Weigh In On Woori Bank

A number of large investors have recently modified their holdings of the company. Smartleaf Asset Management LLC raised its stake in Woori Bank by 9.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,914 shares of the bank's stock valued at $113,000 after purchasing an additional 166 shares in the last quarter. Calydon Capital raised its stake in Woori Bank by 8.3% in the fourth quarter. Calydon Capital now owns 3,953 shares of the bank's stock valued at $232,000 after purchasing an additional 304 shares in the last quarter. Osaic Holdings Inc. raised its stake in Woori Bank by 51.9% in the second quarter. Osaic Holdings Inc. now owns 1,042 shares of the bank's stock valued at $51,000 after purchasing an additional 356 shares in the last quarter. Compound Planning Inc. raised its stake in Woori Bank by 5.0% in the fourth quarter. Compound Planning Inc. now owns 8,174 shares of the bank's stock valued at $481,000 after purchasing an additional 392 shares in the last quarter. Finally, Corient Private Wealth LLC raised its stake in Woori Bank by 2.0% in the fourth quarter. Corient Private Wealth LLC now owns 21,300 shares of the bank's stock valued at $1,249,000 after purchasing an additional 412 shares in the last quarter. 3.41% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on WF. Zacks Research lowered shares of Woori Bank from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 8th. Weiss Ratings restated a "buy (b)" rating on shares of Woori Bank in a research report on Monday, December 29th. Finally, Wall Street Zen lowered shares of Woori Bank from a "buy" rating to a "hold" rating in a research report on Saturday, April 4th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

About Woori Bank

Woori Bank Co, Ltd. NYSE: WF is a South Korean commercial bank and the principal banking unit of Woori Financial Group. Established in 2001 through the merger of Hanvit Bank and Peace Bank, the institution traces its roots to earlier banking entities that date back to the late 19th and mid-20th centuries. Headquartered in Seoul, Woori Bank operates under a universal banking model, serving both individual customers and corporate clients with a comprehensive suite of financial products and services.

The bank's core operations encompass retail banking, corporate and investment banking, treasury services, and wealth management.

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