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 31st most valuable stock on the NGX with a market capitalization of NGN 134 billion, which is about 0.241% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 1.2M |
| Number of Deals | 94 |
| Gross Turnover | 7.26M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 21.4B |
| Market Capitalization | 134B |
WEMABANK Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -0.79% | -14.4% | -6.72% |
| 6MO | 1YR | YTD |
|---|---|---|
| -42.4% | +26.3% | +11.6% |
The current share price of Wema Bank (WEMABANK) is NGN 6.25. WEMABANK closed its last trading day (Friday, July 26, 2024) at 6.25 NGN per share on the Nigerian Stock Exchange (NGX). Wema began the year with a share price of 5.60 NGN and has since gained 11.6% on that price valuation, ranking it 56th on the NGX in terms of year-to-date performance. Investors should, however, take caution of WEMABANK’s recent poor performance, having lost 14% of its value in the past four weeks.
Wema Bank is the 24th most traded stock on the Nigerian Stock Exchange over the past three months (Apr 25 - Jul 26, 2024). WEMABANK has traded a total volume of 245 million shares—in 8,615 deals—valued at NGN 1.62 billion over the period, with an average of 3.89 million traded shares per session. A volume high of 17.1 million was achieved on April 29th, and a low of 457,422 on May 10th, 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% |
|---|---|---|---|---|
| 2024-07-26 | 1,199,899 | 6.25 | ||
| 2024-07-25 | 4,433,664 | 6.25 | ||
| 2024-07-24 | 4,701,677 | 6.25 | +0.10 | +1.63% |
| 2024-07-23 | 12,144,991 | 6.15 | -0.25 | -3.91% |
| 2024-07-22 | 2,794,136 | 6.40 | +0.10 | +1.59% |
| 2024-07-19 | 2,905,257 | 6.30 | -0.15 | -2.33% |
| 2024-07-18 | 6,064,993 | 6.45 | -0.05 | -0.77% |
| 2024-07-17 | 4,159,769 | 6.50 | -0.15 | -2.26% |
| 2024-07-16 | 7,508,969 | 6.65 | -0.05 | -0.75% |
| 2024-07-15 | 5,841,049 | 6.70 |
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 | 13.6B | 0.98 | +165% |
| UCAP | United Capital Plc | 234B | 38.95 | +69.4% |
| CORNERST | Cornerstone Insurance Company | 36B | 1.98 | +41.4% |
| SOVRENINS | Sovereign Trust Insurance | 7.97B | 0.56 | +33.3% |
| NEM | N.E.M. Insurance Company | 41.1B | 8.20 | +30.2% |
| AIICO | Aiico Insurance Plc | 37.7B | 1.03 | +28.8% |
| AFRIPRUD | Africa Prudential Plc | 19B | 9.50 | +28.4% |
| UNIVINSURE | Universal Insurance Company | 5.28B | 0.33 | +26.9% |
| WAPIC | Wapic Insurance | 20.6B | 0.86 | +26.5% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 7.84B | 1.35 | +22.7% |
