Woori Financial Group Inc.

NYSE:WF Stock Report

Market Cap: US$8.0b

Woori Financial Group Future Growth

Future criteria checks 1/6

Woori Financial Group is forecast to grow earnings and revenue by 9.6% and 3.9% per annum respectively. EPS is expected to grow by 10.6% per annum. Return on equity is forecast to be 10.3% in 3 years.

Key information

9.6%

Earnings growth rate

10.6%

EPS growth rate

Banks earnings growth10.9%
Revenue growth rate3.9%
Future return on equity10.3%
Analyst coverage

Good

Last updated02 Dec 2024

Recent future growth updates

No updates

Recent updates

Woori Financial: Korea's Households Are Overlevered And Delinquencies Are Rising

Dec 19

Woori Financial: This Rally Has Legs

Oct 24

Woori Financial Group: Too Cheap To Ignore

Aug 21

Woori Bank: New Catalysts Ahead

Jun 11

Woori Financial: This High Yielder Is No Longer A Value Trap

Mar 18

Woori Financial: Consider International Expansion And M&A

Jan 02

Woori Financial: Outlook Is Mixed

Oct 17

Woori Financial: It's All About Dividends

Aug 08

Woori Financial: Watch Capital Adequacy And Capital Allocation

Jun 01

Woori Financial reports FY results

Feb 08

Woori Financial reports Q3 results

Oct 25

Woori Financial: 98% Net Income Growth YoY, Yet Trading At P/B Of 0.33

Aug 10

Woori Financial: Cheap For Good Reasons

Jul 15

Woori Financial: A Mixed View

Apr 30

Earnings and Revenue Growth Forecasts

NYSE:WF - Analysts future estimates and past financials data (KRW Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202611,019,3723,365,500N/AN/A14
12/31/202510,663,5373,160,571N/AN/A17
12/31/202410,441,5393,021,429N/AN/A17
9/30/20249,939,1692,573,699-49,841,570-49,365,363N/A
6/30/202410,406,9762,579,914-16,478,985-16,056,342N/A
3/31/20249,755,1242,280,618-24,022,559-23,618,904N/A
12/31/20239,499,1142,375,148-13,945,209-13,554,523N/A
9/30/20239,946,6592,794,0693,812,4834,156,298N/A
6/30/202310,066,2472,805,088739,4281,093,323N/A
3/31/202310,317,8573,113,1583,829,3134,183,193N/A
12/31/202210,022,2513,049,924-5,258,616-4,911,969N/A
9/30/202210,106,1802,970,795-6,359,389-6,052,482N/A
6/30/20229,569,4842,854,097-12,643,436-12,332,202N/A
3/31/20229,178,3662,690,396-9,889,342-9,634,569N/A
12/31/20218,812,9502,521,686-20,288,017-20,030,726N/A
9/30/20218,241,6202,301,263-31,156,395-30,887,799N/A
6/30/20216,763,8411,985,935-30,008,378-29,756,778N/A
3/31/20216,756,4571,399,976-27,441,214-27,180,888N/A
12/31/20206,867,4811,258,351-24,035,759-23,772,198N/A
9/30/20208,024,2631,346,483-14,913,885-14,471,208N/A
6/30/20207,603,0221,348,721-18,185,722-17,679,451N/A
3/31/20207,296,8911,808,859-13,149,302-12,609,657N/A
12/31/20196,866,8331,867,845-14,091,823-13,536,873N/A
9/30/20196,829,9471,753,498-16,696,983-16,341,270N/A
6/30/20196,867,4181,831,401-8,670,358-8,368,868N/A
3/31/20196,957,6441,898,796-6,237,075-5,953,948N/A
12/31/20186,854,6231,881,988-5,121,210-4,835,674N/A
9/30/20186,601,3671,887,106-8,894,060-8,615,819N/A
6/30/20186,472,0051,567,813N/A-13,156,488N/A
3/31/20186,003,2501,308,750N/A-17,778,219N/A
12/31/20175,715,1091,345,076N/A-15,613,878N/A
9/30/20175,895,0981,346,928N/A-7,164,104N/A
6/30/20175,534,2161,412,259N/A-1,970,708N/A
3/31/20175,463,9521,250,151N/A-626,438N/A
12/31/20165,421,0251,054,751N/A-6,973,343N/A
9/30/20165,468,0721,126,613N/A-10,275,164N/A
6/30/20165,641,4461,090,707N/A-19,405,328N/A
3/31/20165,346,1321,017,673N/A-22,975,665N/A
12/31/20155,177,784875,837N/A-21,004,193N/A
9/30/20154,558,495514,506N/A-23,242,089N/A
6/30/20154,395,077417,705N/A-18,695,628N/A
3/31/20154,435,332420,681N/A-22,569,472N/A
12/31/20144,561,677385,160N/A-13,771,260N/A
9/30/20143,829,917457,742N/A-16,180,391N/A
6/30/20143,818,534326,208N/A-14,492,386N/A
3/31/20143,676,402266,632N/A-7,212,100N/A
12/31/20133,291,900132,612N/A-12,703,186N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WF's forecast earnings growth (9.6% per year) is above the savings rate (2.6%).

Earnings vs Market: WF's earnings (9.6% per year) are forecast to grow slower than the US market (15.3% per year).

High Growth Earnings: WF's earnings are forecast to grow, but not significantly.

Revenue vs Market: WF's revenue (3.9% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: WF's revenue (3.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WF's Return on Equity is forecast to be low in 3 years time (10.3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 05:30
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Woori Financial Group Inc. is covered by 44 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sunmok HaBarclays
Changhun KimBNP Paribas Securities (Asia)
Jeehoon ParkBofA Global Research