Woori Financial Group우리금융지주

Woori Financial Group's shares have fallen about 17% in a month, even as earnings held up and the dividend yield is 4.6%.

Woori is a large South Korean financial holding company with banking, insurance, card, capital and securities units. Trailing results to H1 2026 show operating income of ₩3.82T and net income of ₩3.18T, with ROE of 8.7%. At ₩29,250 the stock trades at 6.8 times earnings and 0.6 times book value, within a 52-week range of ₩25,200 to ₩41,500.

What stands out

• Q3 operating profit was ₩1.419T, up 43.6% from a year earlier, but Q3 net income fell about 16% because of a one-time factor, according to news reports.
• A SK Securities note published on 26 October 2026 cited lower net interest margin, offset by better credit costs and an appealing dividend.
• The filings show a cash dividend decision and a share cancellation decision, both dated 23 October 2026.
• Foreign ownership rose from 46.1% to 51.6% over the last 60 days, and foreign investors were net buyers over the past 20 days.
• The data includes an excess-return model with a base value of ₩46,686, a bear case of ₩28,930 and a bull case of ₩69,844. These are model outputs, not analyst targets or forecasts.

What to watch

• The dividend amount and the terms of the share cancellation, once full details are available in the filings.
• Whether net interest margin keeps falling and whether credit costs stay low, since both drive bank earnings.
• Recent securities issuance and shelf registration filings, which could matter for share count and capital planning. The data does not explain their size or purpose.