Wema Bank PLC

NGSE:WEMABANK Stock Report

Market Cap: ₦1.4t

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 tenure3.1yrs
CEO ownershipn/a
Management average tenureno data
Board average tenure4.6yrs

Recent management updates

Recent updates

Narrative Update • Feb 08

last Report

Wema Bank Plc – Strong Loan Growth and Profitability Drive Solid 9M 2025 Performance Analyst: Qudus Adebara Executive Summary Wema Bank Plc delivered a robust performance for the nine months ended September 30, 2025, with strong revenue growth, expanded loan book, and improved profitability metrics. The Bank’s financial results reflect strong net interest income, effective cost management, and disciplined credit risk control.
Narrative Update • Nov 02

Wema Bank Plc (H1 2025) - Solid Earnings Momentum and Balance Sheet Expansion Support Upside Potential

recent valuation
Narrative Update • Oct 17

Wema Bank Plc (H1 2025) - Solid Earnings Momentum and Balance Sheet Expansion Support Upside Potential

Wema Bank Plc – Capital Strengthened to N264 Billion After Successful N50bn Private Placement Date: October 2025 Analyst View: Positive – strengthened capital base positions Wema for accelerated digital and lending growth Transaction Overview Wema Bank Plc has successfully completed a ₦50 billion private placement , which was fully subscribed and has received all requisite regulatory approvals. This transaction raises the bank’s total qualifying capital to ₦264.87 billion , exceeding the Central Bank of Nigeria (CBN) minimum capital requirement of ₦200 billion for commercial banks with national authorization by ₦64 billion (32%).

CEO

Moruf Oseni (49 yo)

3.1yrs
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 Director13.9yrsno datano data
Oluwole Ajimisinmi
Deputy MD & Executive Director5.8yrsno datano data
Ayotunde Mabawonku
Executive Director3.1yrsno datano data
Segun Opeke
Executive Director2.3yrsno datano data
Olukayode Bakare
GM, Treasurer & Executive Director1.4yrsno datano data
Yewande Zaccheaus
Non-Executive Director2.6yrsno datano data
Abolanle Matel-Okoh
Non-Executive Director11.3yrsno datano data
Zubiedat Bolarin Okunowo
Independent Non-Executive Director4.3yrsno datano data
Ibiye Asime Ekong
Independent Non-Executive Director5.7yrsno datano data
Adeyemi Adefarakan
Non-Executive Director4.8yrsno datano data
Olusegun Adesegun
Non-Executive Director4.8yrsno datano data
Oluwayemisi Olorunshola
Independent Chairman of the Board4.3yrsno datano data
4.6yrs
Average Tenure
56.5yo
Average Age

Experienced Board: WEMABANK's board of directors are considered experienced (4.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/13 18:52
End of Day Share Price 2026/05/13 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Wema Bank PLC is covered by 0 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.