Wema Bank PLC

NGSE:WEMABANK Stock Report

Market Cap: ₦192.9b

Wema Bank Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Moruf Oseni

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure1.7yrs
CEO ownershipn/a
Management average tenureno data
Board average tenure3.2yrs

Recent management updates

Recent updates

CEO

Moruf Oseni

1.7yrs

Tenure

Mr. Moruf Abiola Oseni serves as Chief Executive Officer and Managing Director at Wema Bank PLC since April 1, 2023. He served as Deputy Managing Director of Wema Bank Plc since October 1, 2018 until March...

Board Members

NamePositionTenureCompensationOwnership
Moruf Oseni
CEO, MD & Executive Director12.5yrsno datano data
Oluwole Ajimisinmi
Deputy MD & Executive Director4.4yrsno data0.019%
NGN 37.0m
Tunde Mabawonku
Executive Director1.7yrsno data0.0081%
NGN 15.6m
Olukayode Bakare
GM, Treasurer & Executive Directorless than a yearno datano data
Segun Opeke
Directorless than a yearno datano data
Yewande Zaccheaus
Non-Executive Director1.2yrsno datano data
Abolanle Matel-Okoh
Non-Executive Director9.9yrsno data22.4%
NGN 43.2b
Zubiedat Bolarin Okunowo
Independent Non-Executive Director2.9yrsno datano data
Ibiye Asime Ekong
Independent Non-Executive Director4.3yrsno datano data
Adeyemi Adefarakan
Non-Executive Director3.4yrsno datano data
Olusegun Adesegun
Non-Executive Director3.4yrsno datano data
Oluwayemisi Olorunshola
Independent Chairman of the Board2.9yrsno datano data

3.2yrs

Average Tenure

Experienced Board: WEMABANK's board of directors are considered experienced (3.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 07:37
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Wema Bank PLC is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullFSDH Merchant Bank Limited
Rahul ShahTellimer Research