WEMABANK Declares N2.6bn PAT in Q3 2020 Results, (SP:N0.75k)


Wednesday, November 18, 2020 / 10:45 AM / NSE /Header Image Credit: Wema Bank

Wema Bank Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.

Key Highlights

  • Gross Earnings declined by -10.8% to N57.8bn from N64.8bn in the previous quarter.

  • Profit before tax declined by 35.4% to N3.1bn.

  • Profit after tax declined by 35.3% to N2.6bn.

  • Net Assets grew by 1.5% from N55bn to N56bn.

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