Quarterly ResultApr 26, 2026, 05:23 AM
WF Q1 Net Income +86.98% QoQ to KRW 638.9B; Revenue +45.48% QoQ
AI Summary
Woori Financial Group Inc. reported preliminary Q1 2026 financial results, showing significant sequential growth in revenue and net income. Consolidated revenue increased by 45.48% QoQ to KRW 15,282,383 million, and net income surged by 86.98% QoQ to KRW 638,918 million. However, compared to Q1 2025, net income saw a slight decrease of 2.39%. Its wholly-owned subsidiary, Woori Bank, also experienced strong sequential growth with revenue up 64.47% QoQ and net income up 77.50% QoQ, though both were down YoY.
Key Highlights
- WF Q1 2026 Revenue was KRW 15,282,383 million, up 45.48% QoQ and 58.23% YoY.
- WF Q1 2026 Operating Income reached KRW 808,150 million, increasing 13.97% QoQ but down 7.03% YoY.
- WF Q1 2026 Net Income was KRW 638,918 million, surging 86.98% QoQ but declining 2.39% YoY.
- Woori Bank Q1 2026 Revenue was KRW 12,001,481 million, up 64.47% QoQ and 41.82% YoY.
- Woori Bank Q1 2026 Operating Income was KRW 663,926 million, up 2.05% QoQ but down 18.54% YoY.
- Woori Bank Q1 2026 Net Income reached KRW 522,130 million, an increase of 77.50% QoQ but a decrease of 17.80% YoY.
- Profit to Equity Holders of WF was KRW 603,803 million, up 83.86% QoQ.
- Profit to Equity Holders of Woori Bank was KRW 531,198 million, up 79.25% QoQ.
Price Impact
More from WF