Wema Bank Plc has launched its unaudited monetary outcomes, reporting a revenue earlier than tax (PBT) of N146.44 billion for the 9 months ended September 30, 2025, representing a 141.58% enhance from N60.615 billion reported within the corresponding interval of 2024.
This progress displays the bank’s strengthened earnings capability regardless of mounting value pressures.
The nine-month monetary outcomes filed with the Nigerian Change (NGX) on Thursday reveals improved efficiency within the different key monetary metrics:
- Gross earnings: N458.508 billion (+58.31% YoY)
- Curiosity earnings: N396.950 (+72.65% YoY)
- Curiosity expense: N161.333 billion (+30.01% YoY)
- Internet curiosity earnings: N235.6 billion (+122.65% YoY)
- Internet curiosity earnings after impairment cost for credit score losses: N224.611 billion (+138.59% YoY)
- Working earnings: N286.168 billion (+86.61% YoY)
- Revenue for the 12 months: N127.404 billion (+141.6% YoY)
- Revenue tax expense: N19.036 billion (+141.55% YoY)
- Revenue attributable to fairness holders: N127.404 billion (+141.6% YoY)
- Earnings per share: N73.85 (+125.06% YoY)
- Fairness attributable to shareholders: N512.02 billion (+99.7% 9M,2025)
- Complete Belongings: N4 trillion (+10.71% 9M,2025)
- Complete liabilities: N3.5 trillion (+3.9% 9M,2025)
Sturdy earnings momentum drives sturdy nine-month efficiency
The corporate delivered a stellar monetary efficiency within the 9 months ended September 30, 2025, with gross earnings rising by 58.31% year-on-year to N458.508 billion, underpinned by sturdy curiosity earnings progress. Curiosity earnings surged 72.65% to N396.950 billion in contrast with N229.910 billion, reflecting greater yields and expanded mortgage volumes.
In the meantime, curiosity expense climbed 30.01% to N161.333 billion as towards N124.090 billion in corresponding interval of 2024, leading to web curiosity earnings of N235.6 billion, a exceptional 122.65% enhance over N105.819 billion in the identical interval final 12 months.
After accounting for impairment expenses on credit score losses, web curiosity earnings stood at N224.611 billion, up 138.59% from N94.140 billion year-on-year, signalling improved credit score high quality and stronger asset efficiency.
Working earnings additionally recorded spectacular progress, rising 86.61% to N286.168 billion, up from N153.346 billion supported by wholesome core banking revenues and disciplined value administration.
The corporate’s backside line mirrored this broad-based progress, with revenue for the 12 months hitting N127.404 billion, a considerable 141.6% enhance in comparison with N52.734 billion in corresponding interval of 2024.
Regardless of a big 141.55% rise in earnings tax expense to N19.036 billion, profitability remained sturdy.
Earnings per share rose 125.06% to N73.85, up from N32.81 within the prior 12 months, mirroring the surge in revenue attributable to fairness holders, which additionally superior 141.6% to N127.404 billion in comparison with N52.734 billion in 2024.
The steadiness sheet confirmed continued resilience, with fairness attributable to shareholders up 99.7% to N512.02 billion as towards N256.421 billion.
Complete property climbed 10.71% to roughly N4 trillion, with whole liabilities growing at a slower fee of three.9% to N3.5 trillion, underscoring sustained monetary energy and sturdy shareholder worth creation.
Fairness efficiency:
Wema Bank closed its final buying and selling day (Thursday, October 30, 2025) at N20.40 per share on NGX, recording a 2% acquire over its earlier closing worth of N20 per share. The inventory started the 12 months with a share worth of N9.10 and has since gained 124% on that worth valuation, rating it thirty ninth on the NGX when it comes to year-to-date efficiency.
On a month-to-date foundation, the inventory has accrued 18% over the previous four-week interval, turning into the tenth greatest on NGX.
Buying and selling information compiled by African’xchanges (https://afx.kwayisi.org/#google_vignette) reveals that Wema Bank is the twenty fifth most traded inventory on the NGX over the previous three months (Aug 1 – Oct 30, 2025), and has traded a complete quantity of 652 million shares—in 26,847 offers—valued at N 13 billion over the interval, with a median of 10.4 million traded shares per session.
A quantity excessive of 152 million was achieved on October 2nd, and a low of 572,900 on September eleventh, for a similar interval.
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