An example electronic device may include a camera, a display, memory, and at least one processor. The processor may be configured to obtain an input of selecting a first image, generate a color filter by comparing the first image and a second image having a color pattern different from the first image, obtain a third image, and generate a fourth image by applying the generated color filter to the third image. The processor may be configured to derive a function by comparing color values of pixels of the first image and the second image, and coefficients of the function. The color filter may include the function, the coefficients of the function, and a color lookup table generated based on the derived function. The processor may be configured to store the generated color filter and generate the fourth image by applying the stored color filter to the third image.