Wema Bank Plc in the First Quarter of 2023 reported Gross Earnings of N39.6 billion for the period ended 31 March 2023. This represents a growth of 29.25% growth from N30.6 billion reported the previous year.
Profit after tax grew year on year by 88.39% to N5.38 billion from N2.86 billion reported in Q1 2022.
Earnings per share of Wema Bank stands at 42 kobo.
At the share price of N3.8, the P/E ratio of Wema Bank Plc stands at 9.08x with the earnings of 11.01%.