Wema Bank Revenue

Wema Bank had revenue of 61.71B NGN in the quarter ending September 30, 2024, with 92.04% growth. This brings the company's revenue in the last twelve months to 199.19B, up 100.49% year-over-year. In the year 2023, Wema Bank had annual revenue of 122.43B with 64.37% growth.

Revenue (ttm)

199.19B

Revenue Growth

+100.49%

P/S Ratio

0.87

Revenue / Employee

115.40M

Employees

1,726

Market Cap

192.87B

Revenue Chart

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2023	122.43B	47.94B	64.37%
Dec 31, 2022	74.48B	17.88B	31.58%
Dec 31, 2021	56.61B	14.62B	34.84%
Dec 31, 2020	41.98B	-2.08B	-4.71%
Dec 31, 2019	44.06B	6.70B	17.93%
Dec 31, 2018	Pro	Pro	Pro
Dec 31, 2017	Pro	Pro	Pro
Dec 31, 2016	Pro	Pro	Pro
Dec 31, 2015	Pro	Pro	Pro
Dec 31, 2014	Pro	Pro	Pro

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition

Wema Bank News

2 months ago - The future of finance: How bold leadership is driving Nigeria’s banking revolution - Premium Times Nigeria
3 months ago - Nigeria: Wema bank launches 5 for 5 promo season four - Zawya

More News