WEMABANK Declares N1.3bn PAT in Q1 2021 Unaudited Results; (SP:N0.60K)

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Friday, July 23, 2021 / 02:05 PM / NGX / Header Image Credit: Business Post Nigeria


Wema Bank Plc released its Q1 2021 Unaudited results for the period ended March 31st, 2021.


 Key Highlights


  • Gross Earnings declined by -6% to N19bn from N21bn in the previous quarter.

  • Profit before tax grew by 34% to N1.5bn.

  • Profit after tax grew by 34% to N1.3bn.

  • Net Assets grew by 2.2% from N59bn to N60bn.

  • Share Price Currently Stands at N0.60K

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