WEMABANK Stock Overview
Provides banking and other financial services to corporate and individual customers in Nigeria. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Wema Bank PLC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦8.60 |
| 52 Week High | ₦12.50 |
| 52 Week Low | ₦5.00 |
| Beta | -0.12 |
| 11 Month Change | 8.18% |
| 3 Month Change | 34.38% |
| 1 Year Change | 65.70% |
| 33 Year Change | 258.33% |
| 5 Year Change | 309.52% |
| Change since IPO | 54.12% |
Recent News & Updates
Recent updates
Shareholder Returns
| WEMABANK | NG Banks | NG Market | |
|---|---|---|---|
| 7D | 1.2% | 1.7% | 0.9% |
| 1Y | 65.7% | 46.5% | 54.4% |
Return vs Industry: WEMABANK exceeded the NG Banks industry which returned 46.5% over the past year.
Return vs Market: WEMABANK exceeded the NG Market which returned 54.4% over the past year.
Price Volatility
| WEMABANK volatility | |
|---|---|
| WEMABANK Average Weekly Movement | 6.7% |
| Banks Industry Average Movement | 6.6% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in NG Market | 9.2% |
| 10% least volatile stocks in NG Market | 3.2% |
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
| 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, and term deposits; card services, such as debit, credit, secure, and prepaid cards; consumer and personal loans, and revolving overdrafts; and collection services. It also 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
| WEMABANK fundamental statistics | |
|---|---|
| Market cap | ₦182.16b |
| Earnings (TTM) | ₦69.48b |
| Revenue (TTM) | ₦199.19b |
2.7x
P/E Ratio0.8x
P/B RatioIs WEMABANK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WEMABANK income statement (TTM) | |
|---|---|
| Revenue | ₦199.19b |
| Cost of Revenue | ₦5.05b |
| Gross Profit | ₦194.14b |
| Other Expenses | ₦124.66b |
| Earnings | ₦69.48b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.24 |
| Gross Margin | 97.47% |
| Net Profit Margin | 34.88% |
| Debt/Equity Ratio | 53.1% |
How did WEMABANK perform over the long term?
See historical performance and comparison