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GTCO58.40+1.24%ZENITHBANK46.10-0.43%UBA32.85+0.92%ACCESSCORP22.30-1.10%FBNH28.70+0.35%STANBIC56.25+1.62%FCMB8.95-0.55%WEMABANK11.50+2.21%DANGCEM462.00+0.65%BUACEMENT95.40-0.22%WAPCO38.25+1.86%NESTLE1180.00-0.42%DANGSUGAR36.20+0.83%FLOURMILL64.55+1.49%UNILEVER18.45-1.07%NB35.60+2.45%GUINNESS64.10+0.16%SEPLAT5800.00+1.92%GTCO58.40+1.24%ZENITHBANK46.10-0.43%UBA32.85+0.92%ACCESSCORP22.30-1.10%FBNH28.70+0.35%STANBIC56.25+1.62%FCMB8.95-0.55%WEMABANK11.50+2.21%DANGCEM462.00+0.65%BUACEMENT95.40-0.22%WAPCO38.25+1.86%NESTLE1180.00-0.42%DANGSUGAR36.20+0.83%FLOURMILL64.55+1.49%UNILEVER18.45-1.07%NB35.60+2.45%GUINNESS64.10+0.16%SEPLAT5800.00+1.92%
Company Intelligence Terminal · Financial Services · Tier-2 Banks

WEMABANK · Wema Bank Plc

Wema Bank Plc

WEMABANK
NGXEquity · Ordinary SharesFinancial ServicesTier-2 Banks
11.50NGN+2.21%
Market cap ₦246.00B · as of 17 Jun 2026, 08:35
Ask about WEMABANK
Current price
11.50NGN
Open
11.22
Previous close
11.25
Today's range
11.12 – 11.58
52-week high
11.40
52-week low
10.55
Deals
671
Volume
6.9M
Value traded
₦79.2M
Market cap
₦246.00B
YTD performance
+2.21%

Company profile

Wema Bank Plc is a leading financial & services operator in Nigeria, with operations spanning multiple states and a track record across investment cycles.

CEO
Moruf Oseni
HQ
Lagos
Founded
1945
Employees
1,300
Sector
Financial Services
Sub-sector
Tier-2 Banks
Ticker
WEMABANK
Website
wemabank.ng
Beta
1.20
AI-generated summary

Wema Bank Plc (WEMABANK) operates in Nigeria's financial & services value chain with an estimated FY2024 revenue of ₦196bn and PAT of ₦22bn. Headline ROE is 9.2% and leverage sits at 0.50x debt-to-equity, mapping to a composite risk score of 31/100 (Moderate).

Bull case
  • Scale leadership within its financial & services sub-sector with durable distribution moat.
  • Resilient ROE supports re-rating if rates ease in H2.
  • Attractive dividend yield versus listed peers.
Bear case
  • FX volatility could compress imported-input margins.
  • Working-capital build-up in a 27.5% MPR environment.
  • Sector regulatory cadence could front-load compliance cost.

Key risks

  • Macro: persistent inflation > 25% pressuring real demand.
  • Sector-specific regulatory action and tariff resets.
  • Single-market concentration in Nigeria.

Recent developments

  • Board recommended final dividend at last AGM cycle.
  • Operational expansion announced in Lagos corridor.
  • Engagement with CBN on FX repatriation framework noted in latest filing.

Recent news

  • positiveProshare Markets· 09 Jun
    Wema Bank Plc signs MoU with CBN on FX repatriation framework
  • neutralNGX Wire· 07 Jun
    WEMABANK crosses key technical level on rising volume
  • negativeProshare Research· 04 Jun
    Analysts trim WEMABANK FY26 EPS estimate by 4% on margin pressure
  • positiveBusinessDay· 01 Jun
    Wema Bank Plc expands Lagos operations with NGN 4.9bn capex