Wema Bank Financial Health
Financial Health criteria checks 4/6
Wema Bank has total assets of NGN1,340.0B and total equity of NGN75.2B. Total deposits are NGN1,099.4B, and total loans are NGN461.9B.
Asset to equity ratio
Net interest margin
|Loan to deposit ratio|
|Allowance for bad loans|
|Cash & equivalents||₦135.15b|
Recent financial health updates
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: WEMABANK's Assets to Equity ratio (17.8x) is moderate.
Allowance for Bad Loans: WEMABANK has a low allowance for bad loans (78%).
Low Risk Liabilities: 87% 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 (34%).
Low Risk Deposits: WEMABANK's Loans to Deposits ratio (42%) is appropriate.
Level of Bad Loans: WEMABANK has a high level of bad loans (4.9%).