2020 FY: WEMA Bank posts N5.06 billion profit after tax as earnings per share prints at N13.1. 

Wema Bank Plc released its full year 2020 results showing Net Interest Income of N31.04 billion, up by 19.4% from the N25.99 billion reported a year earlier. 

  • Net interest income after adjusting for loan impairments was N26.85 billion. (+35.24% YoY). 
  • Profit before tax was N6.96 billion. (+3.01% YoY). 
  • Earnings per share of N13.1 vs N13.5. (-2.9YoY).
  • No dividend announcement was made in their press release. 
  • The company’s share price of N0.7 as of when the result was released. (+1.45% YoY). 

See link to results. 

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