Woori Financial Group Preliminary Q2 2026 Results: Net Income Leaps 60.5% Quarter-Over-Quarter
WF sits 28% above its 52-week low of $48.83.
Summary
Preliminary Q2 2026 net income at Woori Financial Group rose 60.5% quarter-over-quarter to KRW 1,026.5 billion, propelled by a sharp rebound in operating income. The strong sequential performance bolsters the group's active capital return programs, including a recently announced share cancellation and dividend.
Key Events · Earnings and Guidance · WF
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Q2 Net Income Surges 60.5% QoQ
Preliminary Q2 2026 net income reached KRW 1,026.5 billion, up 60.5% from Q1 2026 (KRW 639.4 billion) and 9.2% from Q2 2025 (KRW 939.7 billion).
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Operating Income Rebounds Sharply
Operating income jumped 62.8% QoQ to KRW 1,315.8 billion, recovering from a weak Q1, though revenue declined 13.9% sequentially to KRW 13,165.2 billion.
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Woori Bank Posts Similar Recovery
Woori Bank's Q2 net income rose 61.5% QoQ to KRW 842.8 billion, but fell 8.1% YoY, reflecting mixed trends in its core banking operations.
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Results Support Active Capital Returns
The strong quarter coincides with a KRW 150 billion share cancellation program and a KRW 220 per share quarterly dividend, underscoring management's commitment to shareholder returns.
Analysis · WF · Finance
A sharp sequential rebound defines Woori Financial Group's preliminary Q2 2026 results, with net income climbing 60.5% from Q1 to KRW 1,026.5 billion. The quarter-over-quarter recovery, fueled by a 62.8% surge in operating income, more than compensates for a modest 9.2% year-over-year increase. These figures arrive amid an active capital management cycle—the group recently announced a KRW 150 billion share cancellation program and a quarterly dividend—reinforcing earnings momentum and supporting ongoing shareholder return initiatives.
At the time of this filing, WF was trading at $62.72 on NYSE in the Finance sector, with a market capitalization of approximately $15.2B. The 52-week trading range was $48.83 to $84.71. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.