Wema Bank PLC (NGX:WEMABANK)

Nigeria flag Nigeria · Delayed Price · Currency is NGN
14.50
+0.55 (3.94%)
At close: May 13, 2025
98.63%
Market Cap 310.74B
Revenue (ttm) 281.44B
Net Income (ttm) 112.41B
Shares Out 21.43B
EPS (ttm) 5.88
PE Ratio 2.46
Forward PE n/a
Dividend 1.00 (7.17%)
Ex-Dividend Date May 2, 2025
Volume 11,152,370
Average Volume 6,670,420
Open 13.85
Previous Close 13.95
Day's Range 13.85 - 14.50
52-Week Range 5.80 - 15.10
Beta -0.51
RSI 70.70
Earnings Date Apr 25, 2025

About Wema Bank

Wema Bank PLC provides banking and other financial services to corporate and individual customers in Nigeria. The company offers current and saving accounts, HNIs, and term deposits; card services, such as debit, credit, secure, and prepaid cards; consumer and personal loans, and revolving overdrafts; and collection services. It provides corporate banking services, including overdraft, term loan, import and trade finance, and financial lease facilities; and agricultural finance, as well as export, power, oil and gas, maritime, and concessionary... [Read more]

Industry Commercial Banks
Founded 1945
Employees 2,342
Stock Exchange Nigerian Stock Exchange
Ticker Symbol WEMABANK
Full Company Profile

Financial Performance

In 2024, Wema Bank's revenue was 234.21 billion, an increase of 91.31% compared to the previous year's 122.43 billion. Earnings were 86.28 billion, an increase of 139.74%.

Financial Statements

News

Wema Bank, Sovereign Trust, Red Star Express top stock pick this week

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. The post Wema Bank, Sovereign Trust, Red...

15 days ago - Premium Times Nigeria

Governor Radda secures digital skills training opportunity for 5,000 Katsina youths with Wema Bank

The MoU signing ceremony was attended by representatives from Wema Bank, the Federal Government's Digital Innovation team, and key stakeholders from the enterprise development ecosystem. The post Gove...

18 days ago - Premium Times Nigeria

Wema Bank seeks “too big to fail” status as N150 billion rights issue starts

A N50 billion private placement for institutional and affluent investors is also planned to complete the N200 billion the bank needs. The post Wema Bank seeks “too big to fail” status as N150 billion ...

4 weeks ago - Premium Times Nigeria

Wema Bank’s profit rises 135%

The bank has proposed a dividend of N1.00 per share following its strong financial performance in 2024. The post Wema Bank’s profit rises 135% appeared first on Premium Times Nigeria .

6 weeks ago - Premium Times Nigeria

The future of finance: How bold leadership is driving Nigeria’s banking revolution

Mr Oseni’s rise in the banking sector reflects a steadfast commitment to turning challenges into opportunities. At the core of his success is a clear vision for Wema Bank—one that embraces digital tra...

7 months ago - Premium Times Nigeria

Nigeria: Wema bank launches 5 for 5 promo season four

The Wema Bank 5 for 5 Promo is a loyalty scheme pioneered by the Bank with the goal of rewarding its diverse range of customers for active loyalty to the brand, its products, and offerings

8 months ago - Zawya