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Wema Bank NGSE:WEMABANK Stock Report

Last Price

₦14.00

Market Cap

₦300.0b

7D

1.4%

1Y

94.4%

Updated

23 Jun, 2025

Data

Company Financials

Wema Bank PLC

NGSE:WEMABANK Stock Report

Market Cap: ₦300.0b

Wema Bank (WEMABANK) Stock Overview

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

WEMABANK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance6/6
Financial Health4/6
Dividends3/6

Rewards

Price-To-Earnings ratio (2.8x) is below the NG market (9.2x)

Earnings grew by 179.1% over the past year

Risk Analysis

No risks detected for WEMABANK from our risk checks.

WEMABANK Community Fair Values

Create Narrative

See what 20 others think this stock is worth. Follow their fair value or set your own to get alerts.

WEMABANK logo
Wema Bank
WA
WaneInvestmentHouse
Community Contributor

Wema Bank's Impressive Performance amid plan to raise N149.3bn via rights issue

In the competitive world of banking, few institutions have managed to stand out with their exceptional performance. Wema Bank is one such institution that has consistently delivered outstanding results.
View narrative
₦11.47
FV
26.4% overvalued intrinsic discount
26.59%
Revenue growth p.a.
1users have liked this narrative
1users have commented on this narrative
8users have followed this narrative
27 days ago author updated this narrative
View Wema Bank Community

Wema Bank PLC Competitors

Price History & Performance

Summary of share price highs, lows and changes for Wema Bank
Historical stock prices
Current Share Price₦14.00
52 Week High₦15.10
52 Week Low₦5.80
Beta-0.48
1 Month Change4.48%
3 Month Change25.00%
1 Year Change94.44%
3 Year Change344.44%
5 Year Change718.71%
Change since IPO150.90%

Recent News & Updates

Recent updates

Shareholder Returns

WEMABANKNG BanksNG Market
7D1.4%1.6%1.9%
1Y94.4%48.9%15.6%

Return vs Industry: WEMABANK exceeded the NG Banks industry which returned 48.9% over the past year.

Return vs Market: WEMABANK exceeded the NG Market which returned 15.6% over the past year.

Price Volatility

Is WEMABANK's price volatile compared to industry and market?
WEMABANK volatility
WEMABANK Average Weekly Movement6.5%
Banks Industry Average Movement6.4%
Market Average Movement7.7%
10% most volatile stocks in NG Market10.9%
10% least volatile stocks in NG Market3.8%

Stable Share Price: WEMABANK has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: WEMABANK's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19452,342Moruf Oseniwww.wemabank.com

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 finance services.

Wema Bank PLC Fundamentals Summary

How do Wema Bank's earnings and revenue compare to its market cap?
WEMABANK fundamental statistics
Market cap₦300.02b
Earnings (TTM)₦112.41b
Revenue (TTM)₦281.44b
2.7x
P/E Ratio
1.0x
P/B Ratio

Is WEMABANK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WEMABANK income statement (TTM)
Revenue₦281.44b
Cost of Revenue₦5.89b
Gross Profit₦275.55b
Other Expenses₦163.14b
Earnings₦112.41b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)5.25
Gross Margin97.91%
Net Profit Margin39.94%
Debt/Equity Ratio42.1%

How did WEMABANK perform over the long term?

See historical performance and comparison

Dividends

7.1%
Current Dividend Yield
17%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/23 11:39
End of Day Share Price 2025/06/20 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Wema Bank PLC is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullFSDH Merchant Bank Limited
Rahul ShahTellimer Research