The Nation Newspaper Wema records strong Q3 result
In a statement yesterday, the bank said it continued its growth trajectory and momentum, adding it achieved gross earnings of N150.90 billion, a 61 per cent increase.
The statement said Profit Before Tax soared to N21.76 billion of 130 per cent over N9.46 billion in Q3 2022. Similarly, Profit after Tax increased by 131 per cent to N18.88 billion .Chief Executive, Moruf Oseni said: “Our Q3 results saw improvements with profit before and after tax growing 130 per cent and 131 per cent. It has been a good performance for Wema with earnings growing by 61 per cent and earnings per share at 199.6 kobo.“In addition, our cost to income ratio at 71.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dad chose new wife over meThe Nation Newspaper Dad chose new wife over me - Taymesan
Read more »
My biggest regret not becoming a lawyer- Shatta WaleThe Nation Newspaper My biggest regret not becoming a lawyer- Shatta Wale
Read more »
Some artists copy my moves without creditThe Nation Newspaper Some artists copy my moves without credit - Rema
Read more »
Actress Omoni Oboli celebrates 23rd wedding anniversaryThe Nation Newspaper Actress Omoni Oboli celebrates 23rd wedding anniversary
Read more »
Apply for BBNaija to get fans, Kiddwaya advises DJ CuppyThe Nation Newspaper Apply for BBNaija to get fans, Kiddwaya advises DJ Cuppy
Read more »
Run from jobless, comfortable men, Uchemba advises ladiesThe Nation Newspaper Run from jobless, comfortable men, Uchemba advises ladies
Read more »