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WEMABANK

Wema Bank NGSE:WEMABANK Stock Report

Last Price

₦4.00

Market Cap

₦51.4b

7D

2.6%

1Y

56.9%

Updated

27 Jan, 2023

Data

Company Financials

WEMABANK Stock Overview

Wema Bank PLC provides banking and other financial services to corporate and individual customers in Nigeria.

WEMABANK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends2/6

My Notes

New

Notes are coming soon

Wema Bank PLC Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wema Bank
Historical stock prices
Current Share Price₦4.00
52 Week High₦4.00
52 Week Low₦2.43
Beta0.21
1 Month Change12.99%
3 Month Change21.95%
1 Year Change56.86%
3 Year Change90.48%
5 Year Change-11.11%
Change since IPO-28.32%

Recent News & Updates

Recent updates

Shareholder Returns

WEMABANKNG BanksNG Market
7D2.6%1.4%0.1%
1Y56.9%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

Is WEMABANK's price volatile compared to industry and market?
WEMABANK volatility
WEMABANK Average Weekly Movement6.9%
Banks Industry Average Movement4.8%
Market Average Movement5.0%
10% most volatile stocks in NG Market7.9%
10% least volatile stocks in NG Market3.3%

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

FoundedEmployeesCEOWebsite
19451,143R. Ademola Adebisehttps://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

How do Wema Bank's earnings and revenue compare to its market cap?
WEMABANK fundamental statistics
Market Cap₦51.43b
Earnings (TTM)₦10.87b
Revenue (TTM)₦69.12b

4.7x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
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 Margin95.89%
Net Profit Margin15.73%
Debt/Equity Ratio86.3%

How did WEMABANK perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

28%

Payout Ratio