WEMABANK Stock Overview
Wema Bank PLC provides banking and other financial services to corporate and individual customers in Nigeria.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
My Notes
NewNotes are coming soon
Wema Bank PLC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦4.00 |
| 52 Week High | ₦4.00 |
| 52 Week Low | ₦2.43 |
| Beta | 0.21 |
| 1 Month Change | 12.99% |
| 3 Month Change | 21.95% |
| 1 Year Change | 56.86% |
| 3 Year Change | 90.48% |
| 5 Year Change | -11.11% |
| Change since IPO | -28.32% |
Recent News & Updates
Recent updates
Shareholder Returns
| WEMABANK | NG Banks | NG Market | |
|---|---|---|---|
| 7D | 2.6% | 1.4% | 0.1% |
| 1Y | 56.9% | 0.3% | 9.7% |
Return vs Industry: WEMABANK exceeded the NG Banks industry which returned 2.7% over the past year.
Return vs Market: WEMABANK exceeded the NG Market which returned 10.8% over the past year.
Price Volatility
| WEMABANK volatility | |
|---|---|
| WEMABANK Average Weekly Movement | 6.9% |
| Banks Industry Average Movement | 4.8% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NG Market | 7.9% |
| 10% least volatile stocks in NG Market | 3.3% |
Stable Share Price: WEMABANK is more volatile than 75% of NG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: WEMABANK's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1945 | 1,143 | R. Ademola Adebise | https://www.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; card services, such as debit, credit, and prepaid cards; consumer, personal, motor loans, fixed deposits, and E-banking services. It also provides corporate banking services, including import finance, lease finance facility, overdraft, term loans, agric finance, exchange rate, global trade, and correspondent banking services.
Wema Bank PLC Fundamentals Summary
| WEMABANK fundamental statistics | |
|---|---|
| Market Cap | ₦51.43b |
| Earnings (TTM) | ₦10.87b |
| Revenue (TTM) | ₦69.12b |
4.7x
P/E Ratio0.7x
P/B RatioIs WEMABANK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WEMABANK income statement (TTM) | |
|---|---|
| Revenue | ₦69.12b |
| Cost of Revenue | ₦2.84b |
| Gross Profit | ₦66.27b |
| Other Expenses | ₦55.40b |
| Earnings | ₦10.87b |
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.85 |
| Gross Margin | 95.89% |
| Net Profit Margin | 15.73% |
| Debt/Equity Ratio | 86.3% |
How did WEMABANK perform over the long term?
See historical performance and comparison