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 and certificates of deposit; 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 activities. 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. The company also offers automated telephone, Internet, and mobile banking services. In addition, it offers trust management, trustee and custodian service, and repurchase instrument. As of December 31, 2021, it served customers through a network of 768 branches and 4,296 ATMs. The company was founded in 1899 and is headquartered in Seoul, South Korea.
Woori Financial Group Stock Performance
Shares of Woori Financial Group stock traded up $0.15 on Friday, reaching $28.31. 4 shares of the company traded hands, compared to its average volume of 63,386. The company has a 50 day moving average of $29.04 and a 200 day moving average of $33.87. The firm has a market capitalization of $6.87 billion, a PE ratio of 2.94 and a beta of 0.78. Woori Financial Group has a 52 week low of $24.95 and a 52 week high of $39.71. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.06 and a quick ratio of 1.06.
Woori Financial Group (NYSE:WF - Get Rating) last announced its quarterly earnings results on Tuesday, May 17th. The bank reported $2.81 EPS for the quarter. Woori Financial Group had a net margin of 22.02% and a return on equity of 9.93%. The firm had revenue of $1.99 billion during the quarter.