Wema Bank declares 30 kobo dividends to shareholders for 2022-year end.

Wema Bank Plc has declared a final dividend of 30 kobo for the year ended 31 December 2022.
The Audited Report of the Bank shows growth in its topline and bottom line figures, year on year.

The Bank reported Gross Earnings of N132.3 billion for the 12 months period, up by 41.3% from N93.6 billion reported the previous year.
Profit after tax for the 12 months period was N11.35 billion, up by 27.17% from N8.93 billion reported the previous year.

Earnings per share of the financial institution stands at 88 kobo.
At the share price of N3.7, the P/E ratio of Wema Bank stands at 4.19x with earnings yield of 23.86%.

Source: Wema Bank declares 30 kobo dividend to shareholders for 2022 year end – StocksWatch (stocksng.com)

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