Wema Bank grows gross earnings by 42.3% to N131.08bn

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Wema Bank Plc has said its gross earnings rose by 42.3 per cent to N131.08bn as of the end of 2022 financial period from N92.14bn in the corresponding period of 2021.

The statement said the bank’s profit before tax grew to an all time high of N14.74bn year on year as against N12.38bn the previous year, an increase of 19 per cent.

According to the bank, shareholders would receive a dividend of 30 Kobo per ordinary share in what is its biggest dividend payout till date.Kindly share this story: All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

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