Workflow
Woori Financial (WF)
icon
Search documents
Why Woori Bank (WF) is a Great Dividend Stock Right Now
ZACKS· 2024-09-26 16:45
Company Overview - Woori Bank is based in Seoul and operates in the Finance sector, with a year-to-date share price change of 16.41% [3] - The current dividend payout is $0.3 per share, resulting in a dividend yield of 3.45%, which is lower than the Banks - Foreign industry's yield of 3.86% and significantly higher than the S&P 500's yield of 1.56% [3] Dividend Performance - The annualized dividend of Woori Bank is $1.21, reflecting an increase of 89.7% from the previous year [4] - Over the past five years, the company has increased its dividend three times, with an average annual increase of 0.01% [4] - The current payout ratio is 16%, indicating that Woori Bank paid out 16% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Woori Bank's earnings in 2024 is $8.21 per share, with an expected increase of 10.65% from the previous year [5] Investment Considerations - Woori Bank is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]
Why Woori Bank (WF) is a Top Dividend Stock for Your Portfolio
ZACKS· 2024-09-10 16:46
Company Overview - Woori Bank is based in Seoul and operates in the Finance sector, with shares experiencing a price change of 18.1% this year [3] - The current dividend payout is $0.3 per share, resulting in a dividend yield of 3.4%, which is lower than the Banks - Foreign industry's yield of 3.85% and higher than the S&P 500's yield of 1.58% [3] Dividend Analysis - The annualized dividend of Woori Bank is $1.21, reflecting an increase of 89.7% from the previous year [4] - Over the past five years, the bank has increased its dividend three times year-over-year, with an average annual increase of 0.01% [4] - The current payout ratio is 16%, indicating that Woori Bank paid out 16% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Woori Bank's earnings in 2024 is $8.21 per share, which represents a year-over-year earnings growth rate of 10.65% [5] Investment Considerations - Woori Bank is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7] - The bank's dividend appeal is enhanced by the potential tax advantages and reduced overall portfolio risk associated with dividend-paying stocks [6]
Woori Bank (WF) is a Top Dividend Stock Right Now: Should You Buy?
ZACKS· 2024-08-22 16:45
Company Overview - Woori Bank is based in Seoul and operates in the Finance sector, with a year-to-date share price change of 23.06% [3] - The current dividend payout is $0.3 per share, resulting in a dividend yield of 3.26%, which is lower than the Banks - Foreign industry's yield of 3.85% and significantly higher than the S&P 500's yield of 1.56% [3] Dividend Performance - The annualized dividend of Woori Bank is $1.21, reflecting an impressive increase of 89.7% from the previous year [4] - Over the past five years, the company has increased its dividend three times, with an average annual increase of 0.01% [4] - The current payout ratio stands at 16%, indicating that Woori Bank distributes 16% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2024, Woori Bank is projected to achieve solid earnings growth, with the Zacks Consensus Estimate predicting earnings of $8.21 per share, which represents a year-over-year growth rate of 10.65% [5] Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6] - Woori Bank is positioned as a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]
Woori Financial (WF) - 2024 Q2 - Quarterly Report
2024-08-14 14:16
| --- | --- | --- | --- | --- | |-------------------------------------------------------|--------------------------------------|---------------------------------|-----------------------------------------|-------------------------------| | Beginning balance | For the \nStage 1 \n(15,846) | six-month \nStage 2 \n — | period ended June \nStage 3 \n— | 30, 2024 \nTotal \n(15,846) | | Transfer to 12-month expected credit losses | — | — | — | — | | Transfer to lifetime expected credit losses | — | — | — | — | | T ...
Woori Financial (WF) - 2024 Q2 - Earnings Call Transcript
2024-07-31 01:53
Woori Financial Group Inc. (NYSE:WF) Q2 2023 Earnings Conference Call July 25, 2024 8:00 AM ET Company Participants Han Hong Sung - Head of Investor Relations Lee Sung-Wook - Group Chief Financial Officer Conference Call Participants Han Hong Sung Good afternoon, ladies and gentlemen. I'm Han Hong Sung, Head of IR, here at Woori Financial Group. I would like to sincerely thank all of you for taking the time to participate in Woori Financial Group's Earnings Conference Call despite your busy schedules. On to ...
Woori Bank (WF) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-07-26 17:01
Core Viewpoint - The Zacks rating system is a valuable tool for investors, particularly due to its focus on earnings estimate revisions, which are closely linked to stock price movements [1][2][3]. Earnings Estimate Revisions - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [2][3]. - The Zacks rating system effectively utilizes earnings estimate revisions to provide a reliable stock rating [3][6]. Woori Bank Analysis - Woori Bank is projected to earn $8.21 per share for the fiscal year ending December 2024, reflecting a year-over-year increase of 10.7% [4]. - The recent upgrade of Woori Bank to a Zacks Rank 2 indicates it is in the top 20% of Zacks-covered stocks based on estimate revisions, suggesting potential for stock price appreciation [10][11]. - Analysts have raised their earnings estimates for Woori Bank, with the Zacks Consensus Estimate increasing by 2.1% over the past three months [15]. Zacks Rating System - The Zacks rating system maintains a balanced distribution of 'buy' and 'sell' ratings across over 4000 stocks, with only the top 20% receiving favorable ratings [5][14]. - The system's track record shows that Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, highlighting its effectiveness [14].
Is Woori Bank (WF) Stock Undervalued Right Now?
ZACKS· 2024-07-16 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued ...
Woori Financial (WF) - 2023 Q4 - Annual Report
2024-04-29 10:24
Table of Contents As filed with the Securities and Exchange Commission on April 29, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number 001-31811 Woori Financial Group Inc. (Exact name of Registrant as ...
Woori Financial (WF) - 2024 Q1 - Earnings Call Transcript
2024-04-26 19:00
Woori Financial Group Inc. (NYSE:WF) Q1 2024 Results Conference Call April 26, 2024 8:00 AM ET Company Participants Han Hong Sung - Head of IR Lee Sung-Wook - Group CFO Oak Il-Jin - Group CDO Park Jang-Geun - Group CRO Han Hong Sung Hello. Good afternoon. I am Han Hong Sung, Head of the IR Department at Woori Financial Group. Let me first begin by thanking everyone for taking time to participate in this Earnings Call for Woori Financial Group. On today's call, we have Group CFO, Lee Sung-Wook; Group CDO, Oa ...
Woori Financial (WF) - 2024 Q1 - Quarterly Report
2024-03-06 14:26
Table of Contents Exhibit 99.1 WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2023 Table of Contents WOORI FINANCIAL GROUP INC. | | Page(s) | | --- | --- | | Independent Auditor's Report | 1-4 | | Consolidated Financial Statements | | | Consolidated Statements of Financial Position | 6 | | Consolidated Statements of Comprehensive Income | 7-8 | | Consolidated Statements of Changes in Equity | 9 | | Consolidated Statements of Cash Flows ...