Business Context and Reporting Period
This Form 6-K filing by Woori Financial Group Inc. (Woori Financial Group) covers the month of February 2026. The report details board resolutions passed on February 5 and February 6, 2026, regarding year-end cash dividend recommendations for the parent company and its wholly-owned subsidiary, Woori Bank.
Key Financial Metrics and Dividend Details
Woori Financial Group Inc.
- Dividend Recommendation: KRW 760 per common share (Year-end dividend).
- Total Dividend Amount: KRW 557,857,005,000 (based on 734,022,375 outstanding shares).
- Full Year 2025 Dividend: KRW 1,360 per share (including KRW 600 paid in prior quarters).
- Annual Dividend Yield: 4.4% (including quarterly dividends).
- Record Date: February 27, 2026.
- Shareholders' Meeting: Scheduled to be held; specific date undetermined.
Woori Bank (Wholly-Owned Subsidiary)
- Dividend Recommendation: KRW 1,638 per common share (Year-end dividend).
- Total Dividend Amount: KRW 1,172,808,000,000 (based on 716,000,000 outstanding shares).
- Beneficiary: 100% of dividends payable to Woori Financial Group.
- Record Date: December 31, 2025.
- Shareholders' Meeting: Scheduled for March 20, 2026.
Material Changes and Unusual Items
The filing does not provide comparative financial performance data (revenue, profit, cash flow) for the current period versus prior periods. The primary material event is the declaration of dividends.
- Tax Treatment: The KRW 760 per share dividend for Woori Financial Group is funded by a reduction of capital reserve converted to retained earnings. Consequently, it is not considered taxable dividend income under Korean tax law for most shareholders, though exceptions apply to certain large resident shareholders.
- Share Count Adjustment: The total dividend amount for Woori Financial Group is subject to change based on the final number of outstanding shares as of the record date, following recent treasury share acquisitions.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance regarding revenue, earnings, or capital allocation beyond the dividend payments.
- Contingencies: Both dividend resolutions are subject to the results of external audits and final approval at the respective annual general meetings of shareholders.
- Payout Timing: Dividends are expected to be paid within one month of shareholder approval in accordance with the Korean Commercial Code.
- Meeting Dates: The date for Woori Financial Group's shareholders' meeting remains undetermined, and the date for Woori Bank's meeting is subject to change.
Investor Verification Checklist
- Confirm the final number of outstanding shares for Woori Financial Group as of the February 27, 2026 record date to verify the total dividend payout.
- Monitor the announcement of the specific date for Woori Financial Group's annual general meeting.
- Verify the external audit results required for the final approval of both dividend resolutions.
- Review the Form 6-K titled "Resolution to Enter into a Trust Agreement for Acquisition of Treasury Shares" for details on share count reductions.