Wema Bank Balance Sheet Health
Financial Health criteria checks 4/6
Wema Bank has total assets of NGN2,248.2B and total equity of NGN139.3B. Total deposits are NGN1,881.4B, and total loans are NGN801.1B.
Key information
16.1x
Asset to equity ratio
n/a
Net interest margin
Total deposits | ₦1.88t |
Loan to deposit ratio | Appropriate |
Bad loans | 4.3% |
Allowance for bad loans | Low |
Current ratio | Low |
Cash & equivalents | ₦220.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: WEMABANK's Assets to Equity ratio (16.1x) is moderate.
Allowance for Bad Loans: WEMABANK has a low allowance for bad loans (69%).
Low Risk Liabilities: 89% of WEMABANK's liabilities are made up of primarily low risk sources of funding.
Loan Level: WEMABANK has an appropriate level of Loans to Assets ratio (36%).
Low Risk Deposits: WEMABANK's Loans to Deposits ratio (43%) is appropriate.
Level of Bad Loans: WEMABANK has a high level of bad loans (4.3%).