Wema Bank PLC (NGX:WEMABANK)
Nigeria
· Delayed Price · Currency is NGN 26.95
-0.25 (-0.92%)
At close: Mar 9, 2026
Wema Bank Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Interest Income on Loans | 577,101 | 354,633 | 185,643 | 108,037 | 74,798 | Upgrade
|
| Interest Paid on Deposits | 216,996 | 177,569 | 93,922 | 53,807 | 34,922 | Upgrade
|
| Net Interest Income | 360,105 | 177,064 | 91,721 | 54,230 | 39,877 | Upgrade
|
| Net Interest Income Growth (YoY) | 103.38% | 93.05% | 69.13% | 35.99% | 29.26% | Upgrade
|
| Income From Trading Activities | 8,386 | 3,441 | 822.49 | 4,002 | 1,556 | Upgrade
|
| Gain (Loss) on Sale of Assets | 46.05 | 471.68 | 330.91 | -5.29 | 167.03 | Upgrade
|
| Gain (Loss) on Sale of Investments | 993.24 | 2,497 | 0.23 | 1,531 | 557.33 | Upgrade
|
| Other Non-Interest Income | 66,755 | 72,392 | 40,118 | 19,488 | 16,554 | Upgrade
|
| Total Non-Interest Income | 76,180 | 78,801 | 41,271 | 25,016 | 18,834 | Upgrade
|
| Non-Interest Income Growth (YoY) | -3.33% | 90.93% | 64.98% | 32.82% | 12.33% | Upgrade
|
| Revenues Before Loan Losses | 436,284 | 255,865 | 132,992 | 79,246 | 58,711 | Upgrade
|
| Provision for Loan Losses | 22,959 | 21,650 | 10,563 | 4,762 | 2,104 | Upgrade
|
| Revenue | 413,326 | 234,215 | 122,429 | 74,484 | 56,607 | Upgrade
|
| Revenue Growth (YoY) | 76.47% | 91.31% | 64.37% | 31.58% | 34.84% | Upgrade
|
| Salaries and Employee Benefits | 70,185 | 45,475 | 26,755 | 21,333 | 16,677 | Upgrade
|
| Occupancy Expenses | 12,480 | 8,740 | 6,122 | 4,546 | 3,399 | Upgrade
|
| Selling, General & Administrative | 13,532 | 12,185 | 7,721 | 6,238 | 3,740 | Upgrade
|
| Other Non-Interest Expense | 95,061 | 65,297 | 38,166 | 27,484 | 20,412 | Upgrade
|
| Total Non-Interest Expense | 191,257 | 131,698 | 78,765 | 59,600 | 44,229 | Upgrade
|
| EBT Excluding Unusual Items | 222,069 | 102,517 | 43,664 | 14,884 | 12,377 | Upgrade
|
| Pretax Income | 222,069 | 102,517 | 43,664 | 14,884 | 12,377 | Upgrade
|
| Income Tax Expense | 28,879 | 16,237 | 7,675 | 3,532 | 3,451 | Upgrade
|
| Net Income | 193,189 | 86,280 | 35,989 | 11,352 | 8,927 | Upgrade
|
| Net Income to Common | 193,189 | 86,280 | 35,989 | 11,352 | 8,927 | Upgrade
|
| Net Income Growth | 123.91% | 139.74% | 217.03% | 27.17% | 95.01% | Upgrade
|
| Basic Shares Outstanding | 27,281 | 17,859 | 12,858 | 12,856 | 12,858 | Upgrade
|
| Diluted Shares Outstanding | 27,281 | 17,859 | 12,858 | 12,856 | 12,858 | Upgrade
|
| Shares Change (YoY) | 52.76% | 38.89% | 0.02% | -0.02% | - | Upgrade
|
| EPS (Basic) | 7.08 | 4.83 | 2.80 | 0.88 | 0.69 | Upgrade
|
| EPS (Diluted) | 7.08 | 4.83 | 2.80 | 0.88 | 0.69 | Upgrade
|
| EPS Growth | 46.58% | 72.61% | 216.98% | 27.19% | 95.01% | Upgrade
|
| Dividend Per Share | - | 1.000 | 0.500 | 0.300 | 0.240 | Upgrade
|
| Dividend Growth | - | 100.00% | 66.67% | 25.00% | 100.00% | Upgrade
|
| Effective Tax Rate | 13.00% | 15.84% | 17.58% | 23.73% | 27.88% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.