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FINANCIAL SERVICES · Commercial Banks · Price, fundamentals, signals, and forward-looking context in one research view.
FINANCIAL SERVICES
₦1.15T
4.3%
4.41
Current price
₦29.00
+1.0% todayUpdated 58 min ago
Open
₦28.70
Previous close
₦28.70
Day range
₦28.70 – ₦29.00
Volume
2,278,179
4.4x P/E
Awaiting filing
4.3% yield
65/100 measured
Moderate liquidity
WEMABANK has a range-bound over 30 days and positive bias over one year.
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Expected move
-2.16%
Expected price
₦28.08
Lower path
₦26.59
Upper path
₦29.57
Confidence
Whisone is bullish because fundamentals are solid at 76/100 while turnover is thin at 0.009%. Whisone has high conviction here. The final read is being balanced by the weighted scores for fundamentals, technicals, insider flow, sentiment, event flow, and liquidity.
Whisone v2 splits the read into weighted parts so the score is not just one hidden number.
Fundamentals
Growth, margins, cash flow, and valuation.
Sentiment
Market mood from flow, events, and attention.
Latest net profit
₦238B
TTM (2026-08-31)
ROE
0.0%
Return on equity
ROA
3.8%
Return on assets
Debt / equity
0.16
Lower is usually safer.
P/B ratio
1.64
Useful for book value support.
Dividend yield
4.3%
Current income signal.
77/100
Direction
Cautious
Main supports
Business quality and balance-sheet strength are supporting the outlook.
Recent price and fundamentals refreshes improve signal reliability.
What can go wrong
Volatility is elevated, so the path can stay rough even if the thesis is right.
Fair value
₦28.67
Analyst view
n/a
Forecast refresh
Updated 18h ago
Quality score
75
Growth score
50
These are the external analyst numbers and business outlook figures already synced into the company record.
No external analyst outlook is available for this company yet.
₦0.12
2020-05-07
Payment: 2020-05-18 | Qualification: 2020-05-06 | Yield at declaration: N/A
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
46.2
Momentum is currently in a neutral range.
Recent trend
Falling
-8.8% across the latest saved price window.
Volatility
Low
Beta is 0.15. Price has historically moved more calmly than the wider market.
52-week position
64% of range
Price is sitting around the middle of its 52-week range.
Volume confirmation
0.62x average
Trading activity is broadly within its normal range.
WEMABANK may benefit from runs hackaholics tech programme. Confidence 95%.
Wema Bank is the organiser and funder of Hackaholics 7.0 and uses it to invest in innovators, startups and digital solutions, which supports the bank's strategic social and innovation objectives.
€50m EIB Global SME financing
WEMABANK may benefit from €50m eib global sme financing. Confidence 95%.
Wema Bank signed the €50m financing deal with EIB Global to boost credit access for Nigerian SMEs.
employee financial diversion
WEMABANK may move with employee financial diversion. Confidence 90%.
The piece describes systemic threats from occupational fraud affecting banks, fintechs and the wider private sector, citing multi-billion naira losses and specific bank cases.
prize_contribution_$10000
WEMABANK may move with prize_contribution_$10000. Confidence 90%.
Article states Wema Bank is contributing $10,000 to the NPI 4.0 prize pool.
grant_funding
WEMABANK may benefit from grant_funding. Confidence 90%.
The bank is providing millions of naira in grant prizes through the programme to support innovators and startups.
innovation programme
WEMABANK may benefit from innovation programme. Confidence 90%.
Wema Bank is the organiser and promoter of Hackaholics, positioning it as benefitting from running the programme and associated visibility.
Sector spillover signals
employee_fraud
WEMABANK may also move because the FINANCIAL SERVICES sector may move with employee_fraud. Confidence 95%.
Article describes systemic threat affecting companies of every size including the country’s biggest financial institutions and cites multiple bank incidents.
employee financial diversion
WEMABANK may also move because the FINANCIAL SERVICES sector may move with employee financial diversion. Confidence 90%.
The piece describes systemic threats from occupational fraud affecting banks, fintechs and the wider private sector, citing multi-billion naira losses and specific bank cases.
market_rally
WEMABANK may also move because the FINANCIAL SERVICES sector may benefit from market_rally. Confidence 90%.
Article states the 2026 market rally in Nigeria is being driven in part by 'zombie stocks', indicating the listed market (represented by the provided company identifier) is affected by this rally.
talent_development
WEMABANK may also move because the FINANCIAL SERVICES sector may benefit from talent_development. Confidence 90%.
The graduation of 374 professionals at a major pan-African bank supports workforce and leadership capacity relevant to the financial services sector.
industry_conference
WEMABANK may also move because the FINANCIAL SERVICES sector may benefit from industry_conference. Confidence 85%.
Transcorp (a conglomerate) hosts the event at its Transcorp Hilton venue, implying benefits to its hospitality operations.
digital banking
WEMABANK may also move because the FINANCIAL SERVICES sector may benefit from digital banking. Confidence 80%.
UBA promotes account opening through mobile app, USSD, online and branches, suggesting digital channels support take-up of the product.
CBN FHC exposure draft
WEMABANK may also move because the FINANCIAL SERVICES sector may move with cbn fhc exposure draft. Confidence 67%.
The exposure draft targets financial holding companies and imposes sector-wide measures (ownership thresholds, ring-fencing, governance limits, higher capital buffers) intended to reshape banking group structures and intra-group activities.
CBN data localisation directive
WEMABANK may also move because the FINANCIAL SERVICES sector may move with cbn data localisation directive. Confidence 67%.
The directive targets banks, fintechs, mobile money operators and other payment service providers, creating sector-wide requirements for local data hosting, oversight and beneficial-ownership disclosures.
WEMABANK
Wema Bank Plc
Price: ₦29.00
P/E: 4.41
Yield: 4.3%
ABBEYBANK
ABBEYBANK
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P/E: 32.39
Yield: 1.5%
ABBEYBDS
Abbey Mortgage Bank Plc
Price: ₦8.50
P/E: 32.39
Yield: 1.5%
ACCESSCORP
Access Holdings Plc
Price: ₦32.10
P/E: 2.09
Yield: N/A
Industry
Commercial Banks
Founded
1945
Employees
2,504
Exchange
NGX
Ticker
WEMABANK
WEMA BANK PLC.- QUARTER 2 - FINANCIAL STATEMENT FOR 2026
2026-07-29
WEMA BANK PLC.-RESOLUTIONS AT THE 2025 ANNUAL GENERAL MEETING
2026-05-22
17.46
