Woori Financial Group (FRA:2WGA) Other Noninterest Expense : €1,603 Mil (As of Mar. 2024)

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What is Woori Financial Group Other Noninterest Expense?

Woori Financial Group's other noninterest expense for the three months ended in Mar. 2024 was €398 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €1,603 Mil.

Woori Financial Group Other Noninterest Expense Historical Data

The historical data trend for Woori Financial Group's Other Noninterest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Woori Financial Group Other Noninterest Expense Chart

Woori Financial Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Noninterest Expense

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829.61

880.92

1,122.09

1,330.57

1,543.14

Woori Financial Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Noninterest Expense	Get a 7-Day Free Trial															349.15	357.15	340.02	507.43	398.01

Woori Financial Group Other Noninterest Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense and Other Noninterest Expense under the Total Noninterest Expense section.

Other Noninterest Expense incurred by banks sometimes includes:
Occupancy
Equipment
Professional fees
Amortization of intangibles
Other (too numerous to list)

Some banks can do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Other Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,603 Mil.

Woori Financial Group (FRA:2WGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Woori Financial Group Inc (FRA:2WGA) » Definitions » Other Noninterest Expense

Traded in Other Exchanges

WF:USA 316140:Korea

Address

51, Sogong-ro, Jung-gu, Seoul, KOR, 04632

Website

https://www.woorifg.com

Woori is one of Korea's four largest commercial banking groups. It was formed in 2001 through the merger of several financially troubled banks affected by the Asian financial crisis and became temporarily 100% government-owned after a bailout. It had been the largest banking group by assets but is now number four after the government required the sale of a number of subsidiaries in 2014 in an effort to recoup taxpayer money. The government has completed the process of fully divesting itself of Woori, with Korea Deposit Insurance selling its final 1.2% stake in late 2023.

Woori Financial Group (FRA:2WGA) Headlines

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