Wema Bank Plc 2024 Interim Results For The First Quarter

Wema Bank Plc (WEMABA.ng) Q12024 Interim Report

By Published On: April 30, 2024TYPE: Interim ReportsYear: 2024Period: Q1Country: NigeriaSector: Banking

Wema Bank Plc (WEMABA.ng) listed on the Nigerian Stock Exchange under the Banking sector has released its 2024 interim results for the first quarter.

For more information about Wema Bank Plc (WEMABA.ng) reports, abridged reports, interim earnings results and earnings presentations visit the Wema Bank Plc (WEMABA.ng) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Wema Bank Plc (WEMABA.ng) in the past 12 months, as of 1st April 2024, is US$11.07M (NGN9.75B). An average of US$922.41K (NGN812.47M) per month.

Wema Bank Plc 2024 interim results for the first quarter

Company Profile

Wema Bank Plc is a Bank that boasts a remarkable history of serving the Nigerian public with a comprehensive range of banking and financial advisory services for 77 years. Founded in 1945 under the initial name Agbonmagbe Bank Limited, it quickly evolved into a Public Limited Liability Company in 1987, with a listing on the Nigerian Exchange Limited (formerly the Nigerian Stock Exchange) in 1990. The bank achieved a milestone in 2001 by securing a universal banking license from the Central Bank of Nigeria, which broadened its portfolio of financial services. In 2009, Wema Bank opted for a strategic shift to operate as a commercial bank with regional authorization, eventually earning a national banking license in 2015. Today, Wema Bank is a pioneer in retail banking, SME banking, corporate banking, and financial advisory, powered by an extensive network of over 150 business offices and a robust ICT platform across Nigeria. The bank is dedicated to long-term sustainability while upholding the highest standards of social responsibility, corporate governance, and diversity in its operations.