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Woori Financial Group (FRA:2WGA) Pre-Tax Income : €2,377 Mil (TTM As of Mar. 2024)


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What is Woori Financial Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Woori Financial Group's pretax income for the three months ended in Mar. 2024 was €790 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was €2,377 Mil. Woori Financial Group's pretax margin was 37.37%.

During the past 8 years, Woori Financial Group's highest Pretax Margin was 39.79%. The lowest was 24.84%. And the median was 32.49%.


Woori Financial Group Pre-Tax Income Historical Data

The historical data trend for Woori Financial Group's Pre-Tax Income 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 Pre-Tax Income Chart

Woori Financial Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial 2,086.26 1,503.97 2,756.20 3,318.67 2,472.80

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
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 908.47 624.85 875.58 85.87 790.31

Competitive Comparison of Woori Financial Group's Pre-Tax Income

For the Banks - Regional subindustry, Woori Financial Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Woori Financial Group's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Woori Financial Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Woori Financial Group's Pre-Tax Income falls into.



Woori Financial Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Woori Financial Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+2472.798
=2,473

Woori Financial Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+790.313
=790

Pre-Tax Income 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 €2,377 Mil.

* 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.


Woori Financial Group  (FRA:2WGA) Pre-Tax Income Explanation

Woori Financial Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=790.313/2114.737
=37.37%

During the past 8 years, Woori Financial Group's highest Pretax Margin was 39.79%. The lowest was 24.84%. And the median was 32.49%.

* 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.


Woori Financial Group Pre-Tax Income Related Terms

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Woori Financial Group (FRA:2WGA) Business Description

Traded in Other Exchanges
Address
51, Sogong-ro, Jung-gu, Seoul, KOR, 04632
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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