Wema Bank Reports N221.8 Billion Profit for 2025

Wema Bank PLC's audited profit for the year 2025 reached N221.8 billion, marking a significant increase of 116.44% compared to the N102.5 billion reported in 2024. This growth was primarily driven by an increase in interest income, which totaled N576.07 billion.

The bank's loan advances contributed N348.2 billion, while investment securities accounted for N204.4 billion. Additionally, cash and cash equivalents made up N23.3 billion of the income.

Non-interest income also saw a rise, with net fees and commissions increasing to N75.5 billion from N55.5 billion in the previous year. The bank's total assets surged to N5.07 trillion, up from N3.5 trillion, with customer loans amounting to N1.7 trillion.

Shareholders' equity grew to N620.4 billion, and retained earnings reached N215 billion. Despite the strong financial performance, the bank's stock showed a modest reaction on the Nigerian Exchange, trading at N28.43 year-to-date.