Business description: Wema Bank PLC

Wema Bank Plc is a banking group organized around 3 areas activity:

- retail bank and business bank;

- asset management;

- other: primarily real estate financing.

At the end of 2020 the group had NGN 5369.2billion in current deposits and NGN 252.2 billion in current loans.

Products and services are marketed through a network of over 150 agencies located in Nigeria.

Number of employees: 2,342

Geographical breakdown of sales: Wema Bank PLC

Fiscal Period: December20202021202220232024

Nigeria

41.98B 56.56B 74.44B 122B 234B
See all geographic segments

Executive Committee: Wema Bank PLC

Manager TitleAgeSince
Chief Executive Officer - 2023-03-31
Chief Operating Officer - -
Chief Tech/Sci/R&D Officer - 2015-12-31
Compliance Officer - -
Investor Relations Contact - -
See WEMA BANK PLC governance

Composition of the Board of Directors: Wema Bank PLC

Director TitleAgeSince
Director/Board Member - 2020-06-30
Director/Board Member - 2012-05-01
Director/Board Member - 2023-03-31
Director/Board Member - 2008-12-31
Director/Board Member - 2015-02-11
Director/Board Member - 2020-08-31
Director/Board Member - 2021-07-25
Director/Board Member - 2021-07-25
Chairman - 2023-06-30
Director/Board Member - 2022-01-30
Composition of the Board of Directors

Shareholders: Wema Bank PLC

NameEquities%Valuation
28.26 %
6,057,090,218 28.26 % 59 M ₦
Sw8 Investment Ltd.
17.08 %
3,659,582,311 17.08 % 36 M ₦
Odu'a Investment Co. Ltd.
8.56 %
1,834,403,127 8.56 % 18 M ₦
Petrotrab Ltd.
6.887 %
1,475,960,576 6.887 % 14 M ₦
4.539 %
972,669,052 4.539 % 9 M ₦
List of WEMA BANK PLC shareholders

Company details: Wema Bank PLC

Wema Bank Plc

Wema Tower 54 Marina

100221, Lagos

+234 803 900 3700

http://www.wemabank.com
address Wema Bank PLC(WEMABANK)

Commercial Banks

Change 5d. change 1-year change 3-years change Capi.($)
-1.82%+8.36%+129.79%+376.47% 227M
-0.18%-1.74%+67.46%+109.63% 293B
+0.44%+0.70%+16.76%+90.82% 119B
+0.08%+7.71%+46.25%+30.80% 74.1B
-0.29%-0.58%-13.32%+21.48% 65.48B
-0.77%+1.17%+66.24%+127.49% 64.33B
+0.27%+3.60%+5.45%+32.50% 58.48B
+0.33%+0.27%+17.94%+82.96% 56.58B
+0.17%+0.86%+17.45%-8.90% 44.4B
-0.68%+6.27%+36.96%+48.99% 35.23B
Average -0.25%+2.61%+39.10%+91.22% 81.11B
Weighted average by Cap. -0.06%+1.59%+39.46%+77.49%
See all sector performances
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
16.20NGN
Average target price
13.17NGN
Spread / Average Target
-18.70%
Consensus