Woori Financial (NYSE: WF) to acquire Woori Investment Securities shares

Rhea-AI Filing Summary

Woori Financial Group Inc. approved acquiring additional common shares of its subsidiary, Woori Investment Securities Co., Ltd., by participating in a rights offering. This move will increase the parent’s ownership in the securities unit.

Woori Investment Securities reported FY2025 total assets of 9,706,286 million Won, operating revenue of 519,447 million Won, and net income of 27,444 million Won, improving from 2,552 million Won in 2024 and a net loss of 53,374 million Won in 2023.

Insights

Banking and capital markets analyst

Woori Financial is increasing its stake in a now-profitable securities subsidiary.

Woori Financial Group plans to acquire more common shares of Woori Investment Securities by joining a rights offering, effectively deepening ownership within its existing group structure rather than buying an external business.

The disclosed figures show Woori Investment Securities’ FY2025 operating revenue of 519,447 million Won and net income of 27,444 million Won, a turnaround from a 53,374 million Won loss in FY2023. Total assets reached 9,706,286 million Won in FY2025, supported by total equity of 1,201,629 million Won.

This combination of strengthening profitability and a rights offering-based share acquisition suggests the subsidiary is being capitalized within the group structure. Future company filings may provide more detail on the precise ownership change and capital impact following the Board’s April 24, 2026 resolution.

Key Figures

Woori Investment Securities total assets: 9,706,286 million Won Woori Investment Securities total equity: 1,201,629 million Won Operating revenue FY2025: 519,447 million Won +3 more

6 metrics

Woori Investment Securities total assets 9,706,286 million Won FY2025 total assets

Woori Investment Securities total equity 1,201,629 million Won FY2025 total equity

Operating revenue FY2025 519,447 million Won Woori Investment Securities FY2025 operating revenue

Net income FY2025 27,444 million Won Woori Investment Securities FY2025 net income

Net income FY2024 2,552 million Won Woori Investment Securities FY2024 net income

Net income (loss) FY2023 -53,374 million Won Woori Investment Securities FY2023 net loss

Key Terms

foreign private issuer, rights offering, Board of Directors, net income (loss), +1 more

5 terms

foreign private issuer regulatory

"Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

rights offering financial

"approve the acquisition of common shares ... by participating in a rights offering"

A rights offering is a way for a company to raise additional money by giving existing shareholders the opportunity to buy more shares at a discounted price before they are offered to the public. It’s similar to a special sale where current owners get the first chance to buy extra items at a lower cost, allowing them to increase their investment if they choose. This process matters to investors because it can affect the value of their holdings and their ability to buy new shares at favorable terms.

Board of Directors financial

"the Board of Directors of Woori Financial Group Inc. passed a resolution"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

net income (loss) financial

"Net Income (Loss) FY2025 ... FY2024 ... FY2023"

Net income (loss) is the amount a company earns or loses after subtracting all costs, operating expenses, interest, taxes and one‑time items from its total revenue; a negative figure is shown as a net loss. It matters to investors because it summarizes whether a business is producing surplus funds for reinvestment, debt repayment or dividends, and serves as a primary measure of profitability used to value shares—think of it as the company's final bank balance after paying all its bills.

total equity financial

"Total Equity FY2025 ... FY2024 ... FY2023"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What transaction did Woori Financial Group (WF) approve in April 2026?

Woori Financial Group’s board approved acquiring additional common shares of Woori Investment Securities by participating in a rights offering. This increases its ownership in the subsidiary rather than adding a new business, aligning the group more closely with the securities unit’s performance.

How did Woori Investment Securities perform financially in FY2025?

In FY2025, Woori Investment Securities recorded net income of 27,444 million Won and operating revenue of 519,447 million Won. Total assets reached 9,706,286 million Won, with total equity of 1,201,629 million Won, indicating a profitable year and a solid capital base.

How do Woori Investment Securities’ recent profits compare with prior years?

Woori Investment Securities’ net income improved from a loss of 53,374 million Won in FY2023 to a profit of 2,552 million Won in FY2024 and 27,444 million Won in FY2025. This three-year trend shows a clear turnaround from loss to steadily rising profitability.

What are Woori Investment Securities’ key FY2025 balance sheet figures?

For FY2025, Woori Investment Securities reported total assets of 9,706,286 million Won, total liabilities of 8,504,657 million Won, and total equity of 1,201,629 million Won. These figures reflect a sizable balance sheet and a meaningful equity cushion within Woori Financial Group’s consolidated structure.

What is the role of a rights offering in Woori Financial Group’s plan?

Woori Financial Group will participate in a rights offering conducted by Woori Investment Securities to acquire additional common shares. A rights offering gives existing shareholders the opportunity to buy new shares, allowing the subsidiary to raise capital while strengthening ownership ties within the group.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026

Commission File Number: 001-31811

Woori Financial Group Inc.

(Translation of registrant’s name into English)

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

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

Acquisition of Shares of Woori Investment Securities Co., Ltd.

On April 24, 2026, the Board of Directors of Woori Financial Group Inc. (“Woori Financial Group”) passed a resolution to approve the acquisition of common shares of Woori Investment Securities Co., Ltd. (“Woori Investment Securities”), a subsidiary of Woori Financial Group, by participating in a rights offering. The key details of the acquisition are as follows:

• Information about Woori Investment Securities :

• Capital stock (KRW) : 242,944,891,500 (based on Woori Investment Securities’ consolidated financial statements as of December 31, 2025)

• Total number of issued shares : 485,889,783 shares (before rights offering)

• Number of shares to be acquired : 429,000,430 shares

• Scheduled acquisition date (subscription payment date) : May 4, 2026 (subject to change)

• Purchase price (KRW) : 1,000,000,002,330 (subject to change)

• Ratio of purchase price to total equity of Woori Financial Group : 2.6%, based on Woori Financial Group’s total consolidated equity of KRW 37,859,248,093,476 as of December 31, 2025.

• Method of acquisition : Cash payment (participation in rights offering)

• Purpose of acquisition : To enhance the competitiveness of the subsidiary through capital injection

• Total number of shares to be owned by Woori Financial Group following the acquisition : 914,890,213 shares (representing 100.0% of Woori Investment Securities’ total issued shares)

• Other material information:

• The type of shares Woori Financial Group is planning to acquire are registered common shares.

• The details of this rights offering are subject to change.

• Key financial data of Woori Investment Securities (based on the consolidated financial statements of Woori Investment Securities for FY2025 and FY2024 and the consolidated financial statements of Woori Investment Bank Co., Ltd. for FY2023):

(in millions of Won)
		Total Assets				Total Liabilities				Total Equity				Capital				Operating Revenue				Net Income (Loss)
FY2025			9,706,286				8,504,657				1,201,629				242,945				519,447				27,444
FY2024			7,186,431				6,041,109				1,145,321				242,945				430,599				2,552
FY2023			6,375,625				5,273,890				1,101,735				691,425				429,828				(53,374	)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				Woori Financial Group Inc.
				(Registrant)
Date: April 24, 2026				By:		/s/ Seong Min Kwak
				(Signature)
				Name: Seong Min Kwak
				Title: Deputy President