Wema Bank Plc on Thursday published its Second Quarter report for the period ended 30, June 2023.
The financial institution achieved Gross Earnings of N89.631 billion for the 6 months period, up by 47.94% from N60.586 billion reported the previous year.
Profit after tax of N10.492 billion was reported for the period under review, up by 98.87% from N5.276 billion reported the previous year.
Earnings per share of Wema Bank stands 82 kobo.
At the share price N5.20, the P/E ratio of Wema Bank stands at 6.37x with earnings yield of 15.69%.