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Woori Financial Group (XKRX:316140) Credit Losses Provision : ₩1,778,278 Mil (As of Mar. 2025)


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What is Woori Financial Group Credit Losses Provision?

Woori Financial Group's credit losses provision for the three months ended in Mar. 2025 was ₩434,863 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2025 was ₩1,778,278 Mil.

Woori Financial Group's quarterly credit losses provision declined from Sep. 2024 (₩478,226 Mil) to Dec. 2024 (₩459,667 Mil) and declined from Dec. 2024 (₩459,667 Mil) to Mar. 2025 (₩434,863 Mil).

Woori Financial Group's annual credit losses provision increased from Dec. 2022 (₩882,947 Mil) to Dec. 2023 (₩1,872,825 Mil) but then declined from Dec. 2023 (₩1,872,825 Mil) to Dec. 2024 (₩1,710,714 Mil).


Woori Financial Group Credit Losses Provision Historical Data

The historical data trend for Woori Financial Group's Credit Losses Provision 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 Credit Losses Provision Chart

Woori Financial Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only 783,776.00 531,265.00 882,947.00 1,872,825.00 1,710,714.00

Woori Financial Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Credit Losses Provision 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 367,299.00 405,522.00 478,226.00 459,667.00 434,863.00

Woori Financial Group Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩1,778,278 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 Business Description

Traded in Other Exchanges
Address
51, Sogong-ro, Jung-gu, Seoul, KOR, 04632
Woori Financial Group Inc is a banking and financial services holding company that offers a wide range of services, including corporate banking, consumer banking, credit card operations, investment banking, capital markets activities, international banking, asset management, and other businesses. The operating segments of the company include Banking, Credit card, Capital, Investment banking, and others.

Woori Financial Group Headlines

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