Quote of WEMABANK
 
LClose 0.58 Price 0.58
Change 0.00 (0.00%) Low 0.58
High 0.58 EPS 0.05
PE 19.71 Shares Outs. 0
52WkHigh 1.04 52WkLow 0.50
50d Mov Avg 0.59 200d Mov Avg 0.63
AvgDlyVol 1,668,220.10 3MthChg 0.02 (3.57%)
6MthChg -0.11 (-15.94%) 12MthChg -0.05 (-7.94%)
Div. Yield 16.9491 Risk Factor 0.04592503
Sector Banking
Wema Bank Plc provides banking and other financial services to corporate and individual customers in Nigeria. The company offers current and saving accounts, hybrid accounts, and term deposits; consumer loans; and collection services. It also provides commercial banking services, including overdraft and credits, drawing against uncleared effects, salary advance, direct credit, revolving credit, warehouse financing, contingent liabilities, letters of credit, banker’s acceptances, invoice discounting/receivable refinancing, and relationship management services; and trade services, such as form M and NXP processing, bills for collection, shipping documents handling, trade finance, invisible trade, offshore guarantee, and advisory services. In addition, the company offers loans and financing services comprising overdraft, corporate finance, invoice discounting, term loans, and agri finance services, as well as off balance sheet, import financing, cheque discounting, and finance leasing facilities; investment products, including bond investments and foreign exchange products; and revenue collection services. Further, it provides small and medium scale enterprise (SME) investments and financial advisory services; SME loans; foreign exchange, cash management, retail management, and integrated revenue services; and cards and electronic banking services. The company operates a network of approximately 128 branches, 150 ATMs, and 1,556 PoS terminals in South-West, South-South, Abuja, and Lagos zones. Wema Bank Plc was founded in 1945 and is headquartered in Lagos, Nigeria. Website: www.wemabank.com Founded in: 1945

Name Title
Adeyinka Asekun Chairman of the Board
Segun Oloketuyi Managing Director/Chief Executive Officer, Director
Tunde Mabawonku Chief Financial Officer
Olayinka Oni Divisional Head, Information Technology & Operations
Jude Monye Chief Risk Officer
Oluwole Ajimisinmi Company Secretary and Legal Advisor
Oluwole Akinleye General Manager for Lagos, Executive Director
Olubukola Dada General Manager, Wema Homes (Savings & Loans) Limited
Kayode Bakare Treasurer
Ademola Adebise Executive Director Lagos and South-South Bank
Wole Akinleye Executive Director
Moruf Oseni Executive Director Abuja Bank

Statement of Comprehensive Income as at
31-Mar-2017

Name Amount
Gross Earnings 65,268,831.00
Profit before tax 3,009,203.00
Taxation -753,715.00
Profit after tax 2,255,488.00
Transfer to revenue reserve 2,255,488.00
Profit attributable to:
owners of the company 2,255,488.00
Non-controlling interest
Earnings per 50k share 5.80
Net assets per 50k share 1.29