Money and money equivalents rose to ₦934.8 billion, greater than tripling from ₦278.9 billion within the prior 12 months, strengthening liquidity buffers.
Restricted deposits with the Central Bank of Nigeria elevated to ₦918.0 billion, up from ₦838.6 billion, reflecting larger regulatory reserve necessities.
Mortgage Ebook and Funding Securities Develop Sharply
Loans and advances to clients grew to ₦1.75 trillion, up 45.3 % from ₦1.20 trillion in 2024, indicating sturdy credit score growth throughout the bank’s lending portfolio.
Funding securities recorded substantial development:
Held-to-maturity securities rose to ₦1.13 trillion, from ₦840.0 billion
Truthful worth by revenue or loss (FVTPL) investments elevated sharply to ₦196.6 billion, from ₦45.5 billion
FVTOCI securities remained steady at ₦14.8 billion
The expansion in funding belongings highlights energetic balance-sheet deployment amid rising yields within the fixed-income market.
Funding Base Strengthens as Buyer Deposits Rise
Buyer deposits elevated considerably to ₦3.28 trillion, representing a 30.1 % development from ₦2.52 trillion in 2024. Deposits from banks declined to zero from ₦258.5 billion, pointing to a deliberate shift away from interbank funding towards extra steady retail and company deposits.
Different borrowed funds rose modestly to ₦112.9 billion, whereas whole liabilities elevated to ₦4.44 trillion from ₦3.34 trillion.
Fairness Extra Than Doubles on Capital Elevate and Revenue Retention
Complete fairness attributable to shareholders surged to ₦621.7 billion, greater than doubling from ₦256.4 billion within the prior 12 months.
The sharp improve was pushed by:
Retained earnings development to ₦273.2 billion, from ₦103.3 billion
Proper subject proceeds of ₦144.5 billion
Particular placement of ₦49.0 billion
Larger share capital and share premium following fairness issuance
Share capital rose to ₦20.06 billion, from ₦10.72 billion, whereas share premium elevated sharply to ₦240.6 billion from ₦56.4 billion.
Further Tier 1 capital remained unchanged at ₦21.0 billion, supporting regulatory capital adequacy.
Dividend and Shareholder Actions
Through the 12 months, Wema Bank paid dividends amounting to ₦21.43 billion, whereas concurrently strengthening capital by fairness issuance. This displays a stability between rewarding shareholders and reinforcing the stability sheet to assist future development.
Contingent Liabilities Enhance
Contingent liabilities rose to ₦663.1 billion, in contrast with ₦387.0 billion in 2024, indicating larger off-balance-sheet exposures, which can embrace ensures, letters of credit score, and efficiency bonds.
Traders King Takeaway
Wema Bank Plc delivered a transformational FY 2025, marked by speedy asset development, a stronger deposit base, and a materially enhanced fairness place following vital capital elevating actions.
The sharp growth in loans and funding securities positions the bank for larger revenue era, whereas the strengthened capital base improves resilience and regulatory headroom.
Nonetheless, the tempo of balance-sheet development and rising contingent exposures would require shut monitoring of asset high quality and threat administration in subsequent durations.
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