Quarterly ResultMay 15, 2026, 09:46 AM
Woori Financial Q1 Total Comprehensive Income +346.7% to ₩2.78T
AI Summary
Woori Financial Group Inc. reported a significant increase in total comprehensive income for the first quarter of 2026, rising 346.7% year-over-year to ₩2,780,225 million. This was primarily driven by gains on revaluation of premises and equipment and net financial gains on insurance contract assets. However, net income for the quarter saw a slight decrease of 2.31% to ₩639,433 million, with basic and diluted earnings per share also declining marginally. The group experienced positive growth in net interest income and net fees and commissions income, which increased by 2.27% and 12.79% respectively.
Key Highlights
- Total comprehensive income surged 346.7% to ₩2,780,225 million in Q1 2026 from ₩622,333 million in Q1 2025.
- Net income decreased by 2.31% to ₩639,433 million in Q1 2026 from ₩654,556 million in Q1 2025.
- Basic and diluted earnings per share slightly declined to ₩774 in Q1 2026 from ₩781 in Q1 2025.
- Net interest income increased by 2.27% to ₩2,303,153 million in Q1 2026.
- Net fees and commissions income grew by 12.79% to ₩576,830 million in Q1 2026.
- Operating income decreased by 7.03% to ₩808,155 million in Q1 2026.
- Total assets increased by 1.85% to ₩612,585,300 million as of March 31, 2026, compared to December 31, 2025.
- Total equity increased by 5.41% to ₩39,906,308 million as of March 31, 2026, compared to December 31, 2025.
Price Impact
More from WF