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Nigerian Stock Exchange

Last update 26 Jun 2026

Wema Bank PLC · WEMABAN.LG

Nigeria · Financials · Banks · NGN

Price history

Wema Bank Plc is a Nigeria-based bank that offers retail banking, small and medium-sized enterprise (SME) banking, corporate banking, treasury, trade and financial advisory services. Its segments include South-west, South-South, Abuja and Lagos zones. Its business solutions include corporate banking, trade services, and e-banking. Its durable business profile is fund-based rather than operating-company based. Investor outcomes depend on portfolio composition, asset allocation, valuation, liquidity, expenses, distributions and the manager’s ability to execute the stated mandate. Demand is linked to investor appetite for diversified exposure, income, sector access or alternative assets. Investors should monitor net asset value, tracking difference where relevant, market liquidity, disclosures and governance. The company should be reviewed through its audited financial statements, corporate disclosures, operating segment notes and market announcements, because these materials provide the most reliable view of revenue quality, cost structure, capital allocation and any changes in business scope.

Fundamentals

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Metric  (NGN, B) 2024 2023 2022 2021 2020
Revenue Total Revenue 234
EBITDA
EBIT
Net income Net Income 86
Operating margin
Net margin 37%