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 39th most valuable stock on the NGX with a market capitalization of NGN 86.1 billion, which is about 0.155% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 6.30 |
| Day’s High Price | 6.70 |
| Traded Volume | 3.7M |
| Number of Deals | 161 |
| Gross Turnover | 23.8M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 12.9B |
| Market Capitalization | 86.1B |
WEMABANK Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -6.29% | -19.3% | -31.4% |
| 6MO | 1YR | YTD |
|---|---|---|
| +40.5% | +83.1% | +19.6% |
The current share price of Wema Bank (WEMABANK) is NGN 6.70. WEMABANK closed its last trading day (Thursday, April 25, 2024) at 6.70 NGN per share on the Nigerian Stock Exchange (NGX), recording a 4.3% drop from its previous closing price of 7.00 NGN. Wema began the year with a share price of 5.60 NGN and has since gained 19.6% on that price valuation, ranking it 30th on the NGX in terms of year-to-date performance. Investors should, however, take caution of WEMABANK’s recent poor performance, having lost 19% of its value in the past four weeks.
Wema Bank is the 21st most traded stock on the Nigerian Stock Exchange over the past three months (Jan 23 - Apr 25, 2024). WEMABANK has traded a total volume of 281 million shares—in 9,559 deals—valued at NGN 2.39 billion over the period, with an average of 4.45 million traded shares per session. A volume high of 15.9 million was achieved on January 29th, and a low of 265,853 on March 6th, 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% |
|---|---|---|---|---|
| 2024-04-25 | 3,698,793 | 6.70 | -0.30 | -4.29% |
| 2024-04-24 | 518,886 | 7.00 | ||
| 2024-04-23 | 2,715,341 | 7.00 | -0.15 | -2.10% |
| 2024-04-22 | 291,963 | 7.15 | ||
| 2024-04-19 | 687,508 | 7.15 | ||
| 2024-04-18 | 2,797,561 | 7.15 | +0.10 | +1.42% |
| 2024-04-17 | 3,720,409 | 7.05 | -0.15 | -2.08% |
| 2024-04-16 | 2,171,520 | 7.20 | -0.35 | -4.64% |
| 2024-04-15 | 3,331,394 | 7.55 | -0.35 | -4.43% |
| 2024-04-12 | 1,314,912 | 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 |
|---|---|---|---|---|
| NEM | N.E.M. Insurance Company | 51.9B | 10.35 | +64.3% |
| VERITASKAP | Veritas Kapital Assurance Plc | 8.32B | 0.60 | +62.2% |
| UNIVINSURE | Universal Insurance Company | 5.92B | 0.37 | +42.3% |
| CORNERST | Cornerstone Insurance Company | 33.6B | 1.85 | +32.1% |
| AIICO | Aiico Insurance Plc | 36.6B | 1.00 | +25% |
| ETI | Ecobank Transnational Inc | 477B | 26.00 | +24.4% |
| LINKASSURE | Linkage Assurance | 13.3B | 0.95 | +18.8% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 7.55B | 1.30 | +18.2% |
| PRESTIGE | Prestige Assurance Company | 7.95B | 0.60 | +17.7% |
| INFINITY | Infinity Trust Mortgage Bank | 29.4B | 7.04 | +17.3% |
