Wema Bank Multiplies Profit Margins By 105%

Wema Bank’s earnings increased from N11.35 billion to N23.36 billion in 2023—a gain of more than 105%. Revenue increased by 61.36 percent to N181.87 billion, according to the lender’s unaudited financial statement that was submitted to the Nigerian Exchange Limited on Tuesday. Net interest income climbed to N83.11 billion from N54.23 billion in 2022, while … Continue reading Wema Bank Multiplies Profit Margins By 105%