Wema Bank First-Half Profit Up 266%

Wema Bank said on Thursday that its half-year pre-tax profit was N1.7 billion ($10.5 million) – up 266 percent from N464.7 million in the same period last year.
Gross earnings rose to N12.5 billion during the six months to June 30, against N10 billion a year earlier, the regional bank said in a filing with the Nigerian Stock Exchange.
Shares in Wema were up 4.12 percent at N1.01.

Leave a Reply

Your email address will not be published. Required fields are marked *