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Nigerian Banks High Return On Equity, Low Debt

Nigerian Banks High Return On Equity, Low Debt

Name: Financial Insights Based on S&P Global Market Intelligence
Creator: Simply Wall St Pty Ltd
License: https://www.spglobal.com/content/dam/spglobal/corporate/en/documents/secure/MI-FastTrack-Terms-and-Conditions-July-2023.pdf

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Stocks with a return on equity of over 30% and a debt to equity ratio below 1.

2 companies

Wema Bank

Market Cap: ₦1.2t

Provides banking and other financial services to corporate and individual customers in Nigeria.

WEMABANK

₦28.90

1.8%

21.7%

Jaiz Bank

Market Cap: ₦379.0b

Provides non-interest banking services in Nigeria.

JAIZBANK

₦8.50

77.5%