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WFWoori Financial Group Inc.
$56.40$13.7B
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HomeStocksWFBalance Sheet

Woori Financial Group Inc. (WF) Balance Sheet

11Y historyFree accessUpdated daily

The bank maintains a stable equity-to-assets ratio of 0.06, while total assets have grown significantly to 603.6T KRW as of 2026Q1.

WF Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21Dec'20Dec'19Dec'18Dec'17Dec'16Dec'15
Cash & Short Term Investments336.49T46.73T71.08T68.45T67.3T59.73T40.02T34.12T24.81T22.26T-15.95T-12.42T
Cash & Due from Banks34.87T26.36T27.28T30.56T34.22T20.61T9.99T6.39T6.75T6.91T-15.95T-12.42T
Short Term Investments81.75T20.37T43.8T37.89T33.09T39.12T30.03T27.73T18.06T15.35T00
Total Investments528.83T553.27T463.49T437.16T417.92T394.2T360.91T329.12T303.03T273.55T579.59B826.99B
Investments Growth %44.69%19.37%6.02%4.6%6.02%9.23%9.66%8.61%10.78%47096.97%-29.92%-
Long-Term Investments1824.18T532.9T419.69T399.27T384.84T355.08T330.88T301.39T284.96T258.2T579.59B826.99B
Accounts Receivables18.79T7.54T6.41T9.06T5.44T6.85T3.81T5.65T4.86T4.46T00
Goodwill & Intangibles1.05T1.06T1.87T1.79T1.65T1.66T1.73T1.79T1.58T1.5T124.8B523.33B
Goodwill0386.99B482.71B445.09B397.53B345.45B334.29B350.68B153.6B108.71B124.8B103.53B
Intangible Assets1.05T669.65B1.39T1.35T1.25T1.31T1.39T1.44T1.43T1.39T0419.81B
PP&E (Net)9.68T7.6T7.34T6.48T5.74T4.96T4.4T3.36T2.45T2.48T2.46T2.47T
Other Assets126.49T12.75T11.23T4.16T7.64T10.8T10.57T9.28T12.1T17.24T272.8T258.56T
Total Current Assets18.96T46.73T85.55T86.2T80.5T74.66T51.45T46.11T39.29T36.6T34.49T29.27T
Total Non-Current Assets584.67T554.73T440.21T411.8T399.97T372.53T347.63T315.87T301.16T279.7T276.2T262.59T
Total Assets603.63T601.46T525.75T498T480.47T447.18T399.08T361.98T340.45T316.3T310.68T291.86T
Asset Growth %40.65%14.4%5.57%3.65%7.44%12.05%10.25%6.33%7.64%1.81%6.45%-
Return on Assets (ROA)0.55%0.58%0.6%0.51%0.69%0.6%0.34%0.53%0.62%0.48%0.42%0.3%
Accounts Payable20.32T8.06T7.25T10.19T6T7.03T4.03T6.13T5.41T4.69T8.48T3.21T
Total Debt93.9T94.52T83.82T76.36T73.39T69.96T58.94T51.92T49.66T46.56T45.91T45.27T
Net Debt59.02T68.16T56.54T45.8T39.17T49.34T48.95T45.52T42.91T39.65T61.86T57.69T
Long-Term Debt88.14T44.08T81.58T74.75T70.75T68.62T57.87T50.8T48.64T45.92T41.95T42.52T
Short-Term Debt5.2T50.11T1.71T1.28T2.33T991.15B657.82B702.52B1.02T638.23B3.96T2.75T
Other Liabilities78T471.93T25.38T15.04T23.71T20.89T8.63T7.92T10T4.1T217.83T206.22T
Total Current Liabilities49.39T50.11T381.1T373.63T353.69T328.06T305.03T276.99T259.63T245.5T33.73T26.95T
Total Non-Current Liabilities168.26T517.2T108.76T90.98T95.16T90.32T67.33T59.49T58.87T50.23T259.98T248.93T
Total Liabilities567.96T567.31T489.86T464.61T448.85T418.38T372.36T336.49T318.49T295.73T293.71T275.88T
Total Equity35.67T34.15T35.9T33.4T31.63T28.81T26.73T25.49T21.95T20.56T16.97T15.98T
Equity Growth %-0.22%-4.87%7.48%5.6%9.8%7.78%4.84%16.12%6.75%21.18%6.23%-
Equity / Assets (Capital Ratio)5.91%5.68%6.83%6.71%6.58%6.44%6.7%7.04%6.45%6.5%5.46%5.47%
Return on Equity (ROE)8.91%9.26%8.91%7.71%10.55%9.16%5.01%7.89%9.56%8.06%7.66%5.48%
Book Value per Share137750.53135120.56145271.45136243.44130383.14119289.45111008.01111565.6896828.2790705.5874854.2271215.07
Tangible BV per Share133707.52130939.60137701.82128939.78123578.36112431.14103826.65103717.7389840.1684075.3474303.7668882.24
Common Stock3.75T3.8T3.8T3.8T3.64T3.64T3.61T3.61T3.38T3.38T3.38T3.38T
Additional Paid-in Capital919.53B933.44B934.1B935.56B682.38B682.38B626.11B626.29B285.89B285.88B286.33B294.26B
Retained Earnings24.8T25.56T26.95T24.99T23.75T21.35T19.27T18.52T17.12T15.62T2.61T2.13T
Accumulated OCI2.69T2.05T2.45T1.98T692.88B130.59B000010.57T3.64T
Treasury Stock-136.53B-35.52B-35.52B-39.35B-3.82B-3.82B0000-34.11B-34.11B
Preferred Stock000000000000

Key Metrics

Growth RegimeExpanding
ProfitabilityModerate
Balance SheetAdequate
Cash FlowMixed
Top Statement Risk

Real estate project financing

Asset Expansion Amidst Structural Shifts

As reported in financial statements, Woori Financial Group's total assets grew to 603.6T KRW in 2026Q1, reflecting a notable expansion from the 498.0T KRW level observed in 2023Q4, though the quality of this growth remains obscured by significant volatility in the underlying securities portfolio composition.

The rapid increase in total assets appears to be driven more by fluctuations in the investment securities book than by organic loan growth. Investors should monitor whether this asset accumulation represents a strategic pivot toward lower-risk liquid assets or a temporary parking of capital that may be reversed in subsequent quarters.

Capital Buffer Stability Under Scrutiny

Based on reported figures, the equity-to-assets ratio has remained remarkably consistent at approximately 0.06 to 0.07 over the last ten quarters, suggesting that management has maintained a stable capital cushion despite the significant volatility observed in the group's total asset base and net interest income.

While the stability of the equity-to-assets ratio may provide a sense of comfort, it warrants further investigation into whether this reflects genuine capital retention or the impact of accounting adjustments related to the group's privatization. The current capital position appears adequate for existing operations, but may be tested if the bank pursues aggressive inorganic growth strategies.

Securities Portfolio Dominates Liquidity Profile

According to recent financial disclosures, Woori Financial Group holds 528.8T KRW in investment securities as of 2026Q1, which constitutes the vast majority of the balance sheet and indicates a heavy reliance on market-based assets rather than a traditional loan-centric liquidity model for its funding requirements.

This concentration in investment securities suggests that the bank's liquidity profile is highly sensitive to market price volatility and interest rate movements. The lack of granular data on the duration and credit quality of these securities makes it difficult to assess the true contingent funding capacity of the institution.

Provisioning Disconnect Risks Future Earnings

As indicated by the most recent quarterly data, the reported loan loss provision expense dropped to zero in 2026Q1, a sharp departure from the 400B-800B KRW range seen in prior periods, which may indicate an overly optimistic assessment of credit risk in the current environment.

The sudden cessation of provisioning appears inconsistent with the ongoing risks associated with Korean real estate project financing. This accounting choice may artificially inflate short-term profitability, but it potentially leaves the balance sheet vulnerable to future credit shocks if the underlying construction sector stress continues to manifest.

WF — Frequently Asked Questions

Quick answers to the most common questions about buying WF stock.

What are the total assets of Woori Financial Group Inc. (WF)?

As of 2025, Woori Financial Group Inc. (WF) had total assets of $601.46T including $46.73T in current assets.

How much debt does Woori Financial Group Inc. (WF) have?

Woori Financial Group Inc. (WF) carries total debt of $94.52T. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of Woori Financial Group Inc.?

Woori Financial Group Inc. (WF) has total shareholders' equity (book value) of $32.31T ($135120.56 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is Woori Financial Group Inc.'s current ratio and liquidity?

Woori Financial Group Inc. (WF) reported a current ratio of 0.93x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.