- Woori Financial’s operating profit in the first quarter was 867.83 billion won.
- Operating profit decreased by 24% compared to the previous year.
- This profit was below the estimated 1.07 trillion won.
- The net profit reported was 615.64 billion won.
- Net profit also saw a decline of 25% year-over-year.
- The estimated net profit was 731.36 billion won.
- Total sales for the period were 9.66 trillion won, reflecting a 25% decrease year-over-year.
- Analysts’ ratings: 20 buy recommendations, 3 hold, and no sell recommendations.
A look at Woori Financial Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Woori Financial Group, a commercial banking services provider, is slated for a promising long-term future according to Smartkarma’s Smart Scores. With a top-notch rating in both Value and Dividend factors, the company showcases strength in its financial stability and investor returns. Furthermore, its solid score in Growth and Momentum signifies potential for expansion and positive market sentiment. While Resilience scores slightly lower, the overall outlook remains optimistic for Woori Financial Group.
Woori Financial Group Inc., a key player in the commercial banking sector, excels in offering a wide range of banking services including deposits, loans, bill services, credit cards, and more. Additionally, the company’s diverse operations encompass not only banking but also retail banking businesses. With an impressive rating across various key factors, Woori Financial Group is positioned to thrive in the market and deliver value to its stakeholders over the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
