WEMABANK Declares N5.2bn PAT in 2019 Audited Results;(SP:N0.55K)


Wednesday, April 22, 2020 / 6:19 PM / By NSE / Header Image Credit: Wema Bank

Wema Bank Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

  • Gross Earnings grew by 32.7% to N94.9bn from N71.5bn in the previous quarter.

  • Profit before tax grew by 40.9% to N6.8bn.

  • Profit after tax grew by 56.3% to N5.2bn.

  • Net Assets grew by 8.4% to N55bn from N51bn.

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