Wema Bank (WEMABANK.NL) Stock Price

Wema Bank Price

CLOSED
31.65NGN-0.35 (-1.10 %)
Market closed

Revenue has compounded at 21.0% per year over the past 19 years to 436.28 B NGN. Earnings per share have grown at 13.3% per year over the last 18 years. Wema Bank's net margin stands at 44.3%, up from 15.2% several years earlier. Wema Bank currently offers a dividend yield of about 3.16%. The payout ratio is around 14% of earnings. The dividend has grown at 79.4% per year over the past 6 years.

Wema Bank stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Wema Bank over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Wema Bank stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Wema Bank's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Wema Bank Stock Price History
DateWema Bank Price
7/28/202631.65 NGN
7/27/202632.00 NGN
7/24/202631.80 NGN
7/9/202629.95 NGN
6/10/202631.00 NGN
6/9/202631.00 NGN
6/5/202630.00 NGN
6/4/202630.00 NGN
6/3/202630.95 NGN
6/2/202630.00 NGN
6/1/202633.00 NGN
5/29/202633.50 NGN
5/26/202633.75 NGN
5/25/202633.95 NGN
5/22/202633.40 NGN
5/21/202633.40 NGN
5/20/202633.00 NGN
5/19/202632.80 NGN
5/18/202633.00 NGN
5/13/202634.50 NGN
Access this data via the Eulerpool API

Wema Bank Revenue, Pre-Provision Profit, Net Income

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Revenue
Pre-Provision Profit
Net Income
Details
Date
Revenue
Pre-Provision Profit
Net Income
Jan 1, 2018
40.89 B NGN
4.80 B NGN
3.33 B NGN
Jan 1, 2019
50.19 B NGN
6.76 B NGN
5.20 B NGN
Jan 1, 2020
47.68 B NGN
5.93 B NGN
4.58 B NGN
Jan 1, 2021
58.71 B NGN
12.38 B NGN
8.93 B NGN
Jan 1, 2022
79.25 B NGN
14.88 B NGN
11.35 B NGN
Jan 1, 2023
132.99 B NGN
51.10 B NGN
35.99 B NGN
Jan 1, 2024
255.86 B NGN
116.97 B NGN
86.28 B NGN
Jan 1, 2025
436.28 B NGN
243.03 B NGN
193.19 B NGN

Wema Bank Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 10, 2026, 8:34 PM
 
REVENUEB NGN
REVENUE GROWTH%
Net Interest IncomeB NGN
Non-Interest IncomeB NGN
Loan Loss ProvisionsB NGN
Pre-Provision Profit (PPOP)B NGN
NET INCOMEB NGN
NET INCOME GROWTH%
DIV.NGN
DIV. GROWTH%
SHARESB
2010201120122013201420152016201720182019202020212022202320242025
21.9616.0731.0936.5842.1945.7954.3665.2771.5394.8981.3893.63132.30223.15430.63653.28
32.69-26.8293.4317.6615.348.5518.7120.079.5932.66-14.2315.0541.3068.6692.9851.70
5.8410.0111.7712.5218.5517.7218.6519.7726.9925.9930.8539.8854.2391.72177.06360.10
7.886.066.038.036.738.669.8012.2013.9024.2116.8318.8325.0241.2778.8076.18
-21.522.297.4414.4520.96
-8.37-1.48-4.941.953.093.053.253.014.806.765.9312.3814.8851.10116.97243.03
17.21-4.23-5.041.602.372.332.562.263.335.204.588.9311.3535.9986.28193.19
-190.27-124.5819.20-131.6848.53-1.9010.06-11.9547.4956.34-11.9895.0427.16217.03139.74123.91
0.030.040.040.480.300.501.00
33.331,100.00-37.5066.67100.00
3.581.334.082.342.344.404.1513.124.3713.1213.1213.1213.1213.1218.2227.28
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Wema Bank generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Wema Bank retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Wema Bank's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Wema Bank has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Wema Bank's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Wema Bank stock margins

The Wema Bank margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Wema Bank. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Wema Bank.
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Cost-Income Ratio
Profit margin
Details
Date
Cost-Income Ratio
Profit margin
Jan 1, 2018
88.27 %
8.13 %
Jan 1, 2019
86.53 %
10.36 %
Jan 1, 2020
87.56 %
9.60 %
Jan 1, 2021
78.92 %
15.20 %
Jan 1, 2022
81.22 %
14.32 %
Jan 1, 2023
61.58 %
27.06 %
Jan 1, 2024
54.28 %
33.72 %
Jan 1, 2025
44.30 %
44.28 %

Wema Bank Revenue per Share, Earnings per Share

The Wema Bank earnings per share therefore indicates how much revenue Wema Bank has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
Earnings per Share
Details
Date
Revenue per Share
Earnings per Share
Jan 1, 2018
9.35 NGN
0.76 NGN
Jan 1, 2019
3.83 NGN
0.40 NGN
Jan 1, 2020
3.63 NGN
0.35 NGN
Jan 1, 2021
4.47 NGN
0.68 NGN
Jan 1, 2022
6.04 NGN
0.87 NGN
Jan 1, 2023
10.14 NGN
2.74 NGN
Jan 1, 2024
14.04 NGN
4.73 NGN
Jan 1, 2025
15.99 NGN
7.08 NGN

Wema Bank business model & stock analysis

Wema Bank Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Wema Bank historical P/E ratio, EBIT multiple, and P/S ratio

Wema Bank annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Wema Bank shares outstanding

The number of shares of Wema Bank was 27.28 B in 2025. This indicates how many shares Wema Bank is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
4.37 B Stocks
Jan 1, 2019
13.12 B Stocks
Jan 1, 2020
13.12 B Stocks
Jan 1, 2021
13.12 B Stocks
Jan 1, 2022
13.12 B Stocks
Jan 1, 2023
13.12 B Stocks
Jan 1, 2024
18.22 B Stocks
Jan 1, 2025
27.28 B Stocks

Wema Bank stock splits

In Wema Bank's history, there have been no stock splits.

Wema Bank Dividend History

7 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
20251.00NGN 100.0%
May 2, 20251.00NGN 100.0%1/1
20240.50NGN 66.7%
20230.30NGN 37.5%
20220.48NGN 1,100.0%
20210.04NGN 0.0%
20200.04NGN 33.3%
20190.03NGN

Wema Bank dividend history and estimates

In 2025, Wema Bank paid a dividend amounting to 1.00 NGN. Dividend means that Wema Bank distributes a portion of its profits to its owners.
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Dividend
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2019
0.03 NGN
0.00 NGN
Jan 1, 2020
0.04 NGN
0.00 NGN
Jan 1, 2021
0.04 NGN
0.00 NGN
Jan 1, 2022
0.48 NGN
0.00 NGN
Jan 1, 2023
0.30 NGN
0.00 NGN
Jan 1, 2024
0.50 NGN
0.00 NGN
Jan 1, 2025
1.00 NGN
0.00 NGN

Wema Bank dividend payout ratio

In 2025, Wema Bank had a payout ratio of 14.12%. The payout ratio indicates the percentage of the company's profits that Wema Bank distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2018
11.64 %
Jan 1, 2019
22.05 %
Jan 1, 2020
33.74 %
Jan 1, 2021
16.87 %
Jan 1, 2022
53.02 %
Jan 1, 2023
10.45 %
Jan 1, 2024
10.35 %
Jan 1, 2025
14.12 %
Price targets and forecasts for Wema Bank are not yet available.

Wema Bank shareholder structure

% Name
22.20263%
Neemtree Ltd.
Neemtree Ltd.
13.41442%
SW8 Investment Co., Ltd.
SW8 Investment Co., Ltd.
6.72412%
Odu'a Investment Co., Ltd.
Odu'a Investment Co., Ltd.
5.41022%
Petrotrab Ltd.
Petrotrab Ltd.
3.56538%
Matel-Okoh (Abolanle)
Matel-Okoh (Abolanle)
0.01022%
Ajimisinmi (Oluwole)
Ajimisinmi (Oluwole)

Wema Bank Executives and Management Board

29 members · 21 % women

Management

MO

Mr. Moruf Oseni

Chief Executive Officer, Managing Director, Director · since 2023

TM

Mr. Tunde Mabawonku

Chief Financial Officer, Deputy General Manager, Executive Director

RB

Mr. Rotimi Badiru

Deputy General Manager, Head Operations

RA

Mr. Richard Amafonye

Deputy General Manager, Chief Information Officer

OO

Ms. Opeyemi Okhelen

Assistant General Manager, Chief Compliance Officer

SE

Mr. Sylvanus Eneche

Assistant General Manager, Chief Risk Officer

Board of Directors

MO

Dr. Mrs. Oluwayemisi Olorunshola

Chairman of the Board · since 2022

OB

Mr. Olukayode Bakare

Deputy General Manager, Treasurer, Executive Director

SO

Mr. Segun Opeke

Executive Director · since 2024

AA

Mr. Adeyemi Adefarakan

Non-Executive Director

PA

Prince Olusegun Adesegun

Non-Executive Director

YK

Mr. Yusuf Zubair Kazaure

Non-Executive Director

Frequently asked questions about Wema Bank

10 analysts currently rate the Wema Bank stock: 0 recommend buying, 3 holding and 7 selling.

Converted at the current exchange rate, the Wema Bank share trades at 0.02 EUR (31.65 NGN).

No history available for Wema Bank.

The revenue cannot currently be calculated for Wema Bank.

The profit cannot currently be calculated for Wema Bank.

The P/E ratio cannot be calculated for Wema Bank at the moment.

The P/S cannot be calculated for Wema Bank currently.

The Eulerpool Quality Score for Wema Bank is 3/10.

The ISIN of Wema Bank is NGWEMABANK07. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Wema Bank is WEMABANK.NL. The ticker symbol is used to trade Wema Bank shares on the stock exchange.

Over the past 12 months, Wema Bank paid a dividend of 1.00 NGN . This corresponds to a dividend yield of about 3.16 %. For the coming 12 months, Wema Bank is expected to pay a dividend of 1.00 NGN.

The current dividend yield of Wema Bank is 3.16 %.

Wema Bank pays a dividend, distributed in the months of , , , .

Wema Bank paid dividends every year for the past 7 years.

For the upcoming 12 months, dividends amounting to 1.00 NGN are expected. This corresponds to a dividend yield of 3.16 %.

Wema Bank is assigned to the 'Finance' sector.

To receive the latest dividend of Wema Bank from amounting to 1 NGN, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Wema Bank distributed 0.49 NGN as dividends.

The dividends of Wema Bank are distributed in NGN.

All fundamentals and in-depth analysis of Wema Bank

Our stock analysis for Wema Bank stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Wema Bank. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.