Valuation Wema Bank PLC

Stocks

End-of-day quote Nigerian S.E. 14/09/2026			5-day change	1st Jan Change
29.10 ^NGN	-4.28%		-1.36%	+42.65%

07-29	Wema Bank PLC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-18	Wema Bank rejects false allegations over Banana Island property sales	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	26,616	27,774	50,147	72,006	195,015	818,425
Change	-	4.35%	80.56%	43.59%	170.83%	319.67%
Enterprise Value (EV) ¹	-75,641	-47,941	2,352	-67,773	-19,551	-209,093
Change	-	36.62%	104.91%	-2,981.02%	71.15%	-969.46%
P/E	5.81x	3.11x	4.42x	2x	1.88x	2.86x
PBR	0.45x	0.4x	0.61x	0.52x	0.76x	1.32x
PEG	-	0x	0.2x	0x	0x	0.1x
Capitalization / Revenue	0.63x	0.49x	0.67x	0.59x	0.83x	1.95x
EV / Revenue	-1.8x	-0.85x	0.03x	-0.55x	-0.08x	-0.5x
EV / EBITDA	-	-	-	-	-	-
EV / EBIT	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Dividend per Share ²	0.12	0.24	0.3	0.5	1	1.25
Rate of return	5.8%	11.1%	7.69%	8.93%	11%	6.13%
EPS ²	0.356	0.6942	0.8829	2.799	4.831	7.129
Distribution rate	33.7%	34.6%	34%	17.9%	20.7%	17.5%
Net sales ¹	41,982	56,557	74,438	122,429	234,215	420,614
EBITDA	-	-	-	-	-	-
EBIT	-	-	-	-	-	-
Net income ¹	4,577	8,927	11,352	35,989	86,280	194,476
Net Debt ¹	-102,257	-75,715	-47,794	-139,779	-214,566	-1,027,519
Reference price ²	2.07	2.16	3.90	5.60	9.10	20.40
Nbr of stocks (in thousands)	12,858,155	12,858,155	12,858,155	12,858,155	21,430,178	40,118,877
Announcement Date	27/04/21	05/04/22	27/04/23	04/04/24	29/03/25	02/04/26

¹NGN in Million²NGN

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
WEMA BANK PLC	-	-	-	-	920M
AGRICULTURAL BANK OF CHINA LIMITED	6.48x	-	-	4.94%	357B
ICICI BANK LIMITED	17.07x	-	-	0.99%	104B
ANZ GROUP HOLDINGS LIMITED	15.06x	-	-	4.46%	80.53B
CRÉDIT AGRICOLE S.A.	7.93x	-	-	6.34%	65.4B
INDUSTRIAL BANK CO., LTD.	5.15x	-	-	5.83%	57.19B
FIFTH THIRD BANCORP	17.84x	-	-	2.97%	49.63B
PT BANK CENTRAL ASIA TBK	12.99x	-	-	5.39%	44.17B
QATAR NATIONAL BANK (Q.P.S.C.)	9.41x	-	-	4.57%	42.19B
BANK LEUMI LE-ISRAEL B.M.	11.49x	-	-	3.51%	38.31B
Average	11.49x			4.33%	83.85B
Weighted average by Cap.	10.03x			4.4%