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 37th most valuable stock on the NGX with a market capitalization of NGN 52.7 billion, which is about 0.173% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 4.01 |
| Day’s High Price | 4.10 |
| Traded Volume | 2.42M |
| Number of Deals | 40 |
| Gross Turnover | 9.88M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 12.9B |
| Market Capitalization | 52.7B |
WEMABANK Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +2.5% | -6.18% | +2.5% |
| 6MO | 1YR | YTD |
|---|---|---|
| +34.9% | +12.3% | +5.13% |
The current share price of Wema Bank (WEMABANK) is NGN 4.10. WEMABANK closed its last trading day (Friday, June 2, 2023) at 4.10 NGN per share on the Nigerian Stock Exchange (NGX). Wema began the year with a share price of 3.90 NGN and has since gained 5.13% on that price valuation, ranking it 92nd on the NGX in terms of year-to-date performance. Investors should, however, take caution of WEMABANK’s recent bad performance, having lost 6% of its value in the past four weeks.
Wema Bank is the 51st most traded stock on the Nigerian Stock Exchange over the past three months (Feb 28 - Jun 2, 2023). WEMABANK has traded a total volume of 57.4 million shares—in 2,020 deals—valued at NGN 232 million over the period, with an average of 911,618 traded shares per session. A volume high of 8.23 million was achieved on May 31st, and a low of 13,085 on March 8th, 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% |
|---|---|---|---|---|
| 2023-06-02 | 2,424,994 | 4.10 | ||
| 2023-06-01 | 3,376,859 | 4.10 | +0.10 | +2.50% |
| 2023-05-31 | 8,227,438 | 4.00 | -0.35 | -8.05% |
| 2023-05-30 | 4,264,770 | 4.35 | +0.35 | +8.75% |
| 2023-05-26 | 808,035 | 4.00 | ||
| 2023-05-25 | 327,547 | 4.00 | +0.10 | +2.56% |
| 2023-05-24 | 883,991 | 3.90 | -0.05 | -1.27% |
| 2023-05-23 | 930,040 | 3.95 | ||
| 2023-05-22 | 699,267 | 3.95 | -0.05 | -1.25% |
| 2023-05-19 | 1,771,009 | 4.00 |
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 |
|---|---|---|---|---|
| INTENEGINS | International Energy Insurance | 1.54B | 1.20 | +216% |
| LASACO | Lasaco Assurance | 2.86B | 1.56 | +79.3% |
| LIVINGTRUST | LivingTrust Mortgage Bank | 13.5B | 2.69 | +68.1% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 2.79B | 0.48 | +65.5% |
| MANSARD | AXA Mansard Insurance | 28.7B | 3.19 | +59.5% |
| STERLINGNG | Sterling Bank | 59.9B | 2.08 | +48.6% |
| ACCESSCORP | Access Holdings Plc | 441B | 12.40 | +45.9% |
| JAIZBANK | Jaiz Bank Plc | 44.9B | 1.30 | +41.3% |
| CORNERST | Cornerstone Insurance Company | 15.1B | 0.83 | +38.3% |
| FIDELITYBK | Fidelity Bank Plc | 170B | 5.85 | +34.5% |
