Wema Bank Plc in its Unaudited Financial Statements for the year ended 31 December 2024 reported 146.84% rise in its profit after tax.
The financial institution recorded gross earnings of N430.259 billion for the 12 months period, up by 89.61% from N226.915 billion reported the previous year.
Profit after tax of N88.834 billion was achieved for the 12 months period, up by 146.84% from N35.989 billion reported the previous year.
Earnings per share of Wema Bank stands at N4.15
At the share price of N11.40, the P/E ratio of Wema Bank stands at 2.75x with earnings yield of 36.36%.