5 Best-Performing Bank Stocks In 2024

4. Woori Financial Group Inc. (NYSE:WF)

Number of Hedge Fund Holders: 2

Share Price Performance as of February 10: 10.59%

Woori Financial Group Inc. (NYSE:WF) is a commercial bank based in Korea, providing a range of financial services to individual, business, and institutional customers. The company operates through different segments, including Banking, Credit Card, Capital, Investment Banking, and Others. Woori Financial Group Inc. (NYSE:WF) is one of the best-performing bank stocks in 2024. 

On January 16, Bank of America analyst Jeehoon Park raised Woori Financial Group Inc. (NYSE:WF) shares from Neutral to Buy. This upgrade is based on the anticipation that substantial banks will experience increased investor attention in Korea due to the recovery in export growth.

According to Insider Monkey’s third quarter database, Arrowstreet Capital and Quantinno Capital were bullish on the stock, with collective stakes worth $279,158. 

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