Woori Financial Group Inc. (NYSE: WF)

Woori Financial Group Inc. is a financial holding company based in Seoul Korea.

The company was established on January 11 2019 following a comprehensive stock transfer under Korean law that made it the parent of Woori Bank and several of its former subsidiaries.

Through its subsidiaries it provides commercial banking retail banking credit card services capital markets asset management life insurance and other financial services.

As of December 31 2025 the company reported consolidated total assets of 601,457 billion won and total equity of 37,859 billion won.

Its common stock is listed on the Korea Exchange and its American Depositary Shares trade on the New York Stock Exchange.

Woori Financial Group Inc. generates revenue primarily from interest income on loans extended to corporate, and retail customers.

The company also earns fee based income from credit card operations, capital markets activities, asset management services, bancassurance, and insurance underwriting.

Additional revenue comes from trading and investment gains, foreign exchange services, and fees from trust and custody services.

The company's loan portfolio as of year end 2025 consisted of 401,035 billion won of loans with 89.4% denominated in won and 10.6% in foreign currencies.

Fee income from credit card operations reached 2,775 billion won in 2025 while asset management services generated 33 billion won of fees in the same year.

Bancassurance fee income amounted to 95 billion won and insurance underwriting contributed to overall revenue through the life insurance subsidiaries.

The company's revenue base includes both domestic operations in Korea and international activities through its overseas subsidiaries and branches.

Woori Financial Group Inc. ranks among the largest financial holding companies in Korea by total assets.

Its main competitors include KB Financial Group, Shinhan Financial Group, and Hana Financial Group.

The company benefits from strong long standing relationships with major corporate groups, a large retail deposit base, and an extensive domestic branch network.

Additional advantages are a solid capital adequacy ratio, an experienced management team, and the ability to create synergies across its banking securities insurance and asset management subsidiaries through its holding company structure.

The company holds a significant market share in Korean banking with its retail deposit base ranking among the top 3 in the country.

Its credit card subsidiary Woori Card holds approximately 7.8% of transaction volume placing it as the 6th largest credit card issuer in Korea.

The holding company structure enables cross selling of products and services among subsidiaries which enhances customer convenience and improves profitability.

Ongoing digital innovation initiatives such as the Woori WON Banking platform and artificial intelligence projects further strengthen its competitive position.

The company serves a diverse customer base that includes large corporate clients, small and medium sized enterprise borrowers, retail depositors, and individual investors.

As of December 31 2025 the company had 353,509 small and medium sized enterprise borrowers and 2,205 large corporate borrowers.

Its retail customer base exceeded 25.8 million individuals with over 10.0 million classified as active customers maintaining an average monthly balance of at least 300,000 won or a loan account.

The company also serves 329,827 high net worth individuals through its private banking operations which offer tailored financial and advisory services.

Internationally Woori Bank operates branches and subsidiaries in over 20 countries including the United States China Indonesia Vietnam Cambodia Germany and the Philippines.

These overseas operations provide trade financing local currency funding and retail banking services to Korean corporations and individuals abroad.