WEMABANK Stock Overview
Wema Bank PLC provides banking and other financial services to corporate and individual customers in Nigeria.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Wema Bank PLC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦6.70 |
| 52 Week High | ₦12.50 |
| 52 Week Low | ₦3.69 |
| Beta | -0.087 |
| 1 Month Change | -21.18% |
| 3 Month Change | -36.19% |
| 1 Year Change | 80.11% |
| 3 Year Change | 272.22% |
| 5 Year Change | 205.94% |
| Change since IPO | 20.07% |
Recent News & Updates
Recent updates
Shareholder Returns
| WEMABANK | NG Banks | NG Market | |
|---|---|---|---|
| 7D | -6.3% | -5.5% | -1.1% |
| 1Y | 80.1% | 79.7% | 115.8% |
Return vs Industry: WEMABANK underperformed the NG Banks industry which returned 81.4% over the past year.
Return vs Market: WEMABANK underperformed the NG Market which returned 116.5% over the past year.
Price Volatility
| WEMABANK volatility | |
|---|---|
| WEMABANK Average Weekly Movement | 8.5% |
| Banks Industry Average Movement | 9.7% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in NG Market | 11.8% |
| 10% least volatile stocks in NG Market | 3.3% |
Stable Share Price: WEMABANK's share price has been volatile over the past 3 months.
Volatility Over Time: WEMABANK's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1945 | 1,726 | Moruf Oseni | 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 and motor car loans, fixed deposits, and E-banking services. It also provides corporate banking services, including overdraft, term loans, import finance, lease finance, exchange rate, agric finance, global trade, and correspondent banking services.
Wema Bank PLC Fundamentals Summary
| WEMABANK fundamental statistics | |
|---|---|
| Market cap | ₦86.15b |
| Earnings (TTM) | ₦35.99b |
| Revenue (TTM) | ₦122.43b |
2.4x
P/E Ratio0.6x
P/B RatioIs WEMABANK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WEMABANK income statement (TTM) | |
|---|---|
| Revenue | ₦122.43b |
| Cost of Revenue | ₦3.41b |
| Gross Profit | ₦119.02b |
| Other Expenses | ₦83.03b |
| Earnings | ₦35.99b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.80 |
| Gross Margin | 97.22% |
| Net Profit Margin | 29.40% |
| Debt/Equity Ratio | 57.8% |
How did WEMABANK perform over the long term?
See historical performance and comparisonDividends
7.5%
Current Dividend Yield18%
Payout RatioDoes WEMABANK pay a reliable dividends?
See WEMABANK dividend history and benchmarks| Wema Bank dividend dates | |
|---|---|
| Ex Dividend Date | May 10 2024 |
| Dividend Pay Date | May 28 2024 |
| Days until Ex dividend | 14 days |
| Days until Dividend pay date | 32 days |
Does WEMABANK pay a reliable dividends?
See WEMABANK dividend history and benchmarks