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 104 billion, which is about 0.187% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 7.75 |
| Day’s High Price | 8.10 |
| Traded Volume | 5.76M |
| Number of Deals | 229 |
| Gross Turnover | 45.5M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 12.9B |
| Market Capitalization | 104B |
WEMABANK Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +33.9% | -4.71% | -25% |
| 6MO | 1YR | YTD |
|---|---|---|
| +63.6% | +113% | +44.6% |
The current share price of Wema Bank (WEMABANK) is NGN 8.10. WEMABANK closed its last trading day (Tuesday, May 7, 2024) at 8.10 NGN per share on the Nigerian Stock Exchange (NGX), recording a 7.3% gain over its previous closing price of 7.55 NGN. Wema began the year with a share price of 5.60 NGN and has since gained 44.6% on that price valuation, ranking it 16th on the NGX in terms of year-to-date performance.
Wema Bank is the 21st most traded stock on the Nigerian Stock Exchange over the past three months (Feb 1 - May 7, 2024). WEMABANK has traded a total volume of 265 million shares—in 9,353 deals—valued at NGN 2.04 billion over the period, with an average of 4.21 million traded shares per session. A volume high of 17.1 million was achieved on April 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% |
|---|---|---|---|---|
| 2024-05-07 | 5,757,478 | 8.10 | +0.55 | +7.28% |
| 2024-05-06 | 3,320,833 | 7.55 | +0.65 | +9.42% |
| 2024-05-03 | 642,395 | 6.90 | ||
| 2024-05-02 | 5,253,136 | 6.90 | +0.60 | +9.52% |
| 2024-04-30 | 8,512,373 | 6.30 | +0.25 | +4.13% |
| 2024-04-29 | 17,102,316 | 6.05 | -0.20 | -3.20% |
| 2024-04-26 | 6,925,008 | 6.25 | -0.45 | -6.72% |
| 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 |
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 | 8.04B | 0.58 | +56.8% |
| CORNERST | Cornerstone Insurance Company | 36B | 1.98 | +41.4% |
| UNIVINSURE | Universal Insurance Company | 5.76B | 0.36 | +38.5% |
| AIICO | Aiico Insurance Plc | 36.6B | 1.00 | +25% |
| JAIZBANK | Jaiz Bank Plc | 79.4B | 2.30 | +18.6% |
| INFINITY | Infinity Trust Mortgage Bank | 29.4B | 7.04 | +17.3% |
| ETI | Ecobank Transnational Inc | 441B | 24.05 | +15.1% |
| STERLINGNG | Sterling Bank | 141B | 4.90 | +14.2% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 7.26B | 1.25 | +13.6% |
