WEMABANK - Wema Bank
Commercial Banking
Wema Bank is listed on the Nigerian Stock Exchange (NGX). Wema is traded on the NGX under the ticker symbol “WEMABANK”. The International Securities Identification Number (ISIN) of NGX:WEMABANK is NGWEMABANK07. Wema Bank is currently the 33rd most valuable stock on the NGX with a market capitalization of NGN 190 billion, which is about 0.32% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 8.60 |
| Day’s High Price | 8.85 |
| Traded Volume | 5.64M |
| Number of Deals | 167 |
| Gross Turnover | 47.5M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 21.4B |
| Market Capitalization | 190B |
WEMABANK Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +4.12% | +12% | +38.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| +32.1% | +70.2% | +58% |
The current share price of Wema Bank (WEMABANK) is NGN 8.85. WEMABANK closed its last trading day (Friday, November 22, 2024) at 8.85 NGN per share on the Nigerian Stock Exchange (NGX), recording a 2.9% gain over its previous closing price of 8.60 NGN. Wema began the year with a share price of 5.60 NGN and has since gained 58% on that price valuation, ranking it 34th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about WEMABANK knowing the stock has accrued 12% over the past four-week period—19th best on NGX.
Wema Bank is the 26th most traded stock on the Nigerian Stock Exchange over the past three months (Aug 26 - Nov 22, 2024). WEMABANK has traded a total volume of 257 million shares—in 7,304 deals—valued at NGN 1.91 billion over the period, with an average of 4.08 million traded shares per session. A volume high of 16.3 million was achieved on November 7th, and a low of 137,116 on October 21st, for the same period. The table below details the last 10 trading days of activity of Wema Bank on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-11-22 | 5,643,464 | 8.85 | +0.25 | +2.91% |
| 2024-11-21 | 3,995,107 | 8.60 | +0.10 | +1.18% |
| 2024-11-20 | 4,038,768 | 8.50 | +0.10 | +1.19% |
| 2024-11-19 | 1,258,643 | 8.40 | -0.10 | -1.18% |
| 2024-11-18 | 2,217,912 | 8.50 | ||
| 2024-11-15 | 5,401,765 | 8.50 | ||
| 2024-11-14 | 4,770,365 | 8.50 | +0.55 | +6.92% |
| 2024-11-13 | 1,749,114 | 7.95 | +0.05 | +0.63% |
| 2024-11-12 | 1,979,990 | 7.90 | ||
| 2024-11-11 | 393,010 | 7.90 |
Profile of Wema Bank
Wema Bank operates in the Financials sector.
Factsheet of Wema Bank
- Sector
- Financials
- Industry
- —
- Address
- Wema Towers 54 Marina Lagos Island
- Telephone
- 8039003700
- Website
- www.wemabank.com
WEMABANK Industrial Market Competitors
Wema Bank, issuers of the WEMABANK stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| VERITASKAP | Veritas Kapital Assurance Plc | 17.1B | 1.23 | +232% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 18.4B | 3.16 | +187% |
| DEAPCAP | Deap Capital Management & Trust | 1.77B | 1.18 | +103% |
| GUINEAINS | Guinea Insurance | 4.37B | 0.55 | +89.7% |
| CORNERST | Cornerstone Insurance Company | 46.3B | 2.55 | +82.1% |
| SFSREIT | Skye Shelter Fund Plc | 3.59B | 179.45 | +77.1% |
| AIICO | Aiico Insurance Plc | 45.8B | 1.25 | +56.3% |
| WAPIC | Wapic Insurance | 25B | 1.04 | +52.9% |
| SOVRENINS | Sovereign Trust Insurance | 8.96B | 0.63 | +50% |
| PRESTIGE | Prestige Assurance Company | 10.1B | 0.76 | +49% |
