WEMABANK Declares N5.1bn PAT in Q4 2020 Unaudited Results, (SP:N0.65K)

Thursday, February 25, 2021 / 3:09 PM / By NSE / Header Image Credit: Wema Bank

Wema Bank Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.

Key Highlights

• Gross Earnings declined by -15% to N81bn from N95bn in the previous quarter.

• Profit before tax grew by 3% to N7bn.

• Profit after tax declined by 3% to N5bn.

• Net Assets grew by 5.9% from N55bn to N58bn.

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