Wema Bank PLC provides banking and other financial services to corporate and individual customers in Nigeria. The company offers current and saving accounts, HNIs, and term deposits; card services, such as debit, credit, secure, and prepaid cards; consumer and personal loans, and revolving overdrafts; and collection services. It also provides corporate banking services, including overdraft, term loan, import and trade finance, and financial lease facilities; and agricultural finance, as well as export, power, oil and gas, maritime, and concessionary finance services. In addition, the company offers small and medium scale enterprise financial advisory services; retail management, and integrated revenue services; and cards, and electronic and internet banking services. Wema Bank PLC was incorporated in 1945 and is headquartered in Lagos, Nigeria.
Metrics to compare | WEMABAN | Peers Peers - average of corresponding metrics from companies closely matching WEMABAN: FCMB, ACCESSCORP, FIDELITYBK, ZENITHBANK, UBA | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipWEMABANPeersSector |
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P/E Ratio | 2.7x | 7.3x | 8.8x | |
PEG Ratio | 0.02 | 0.02 | 0.03 | |
Price/Book | 0.8x | 0.8x | 1.0x | |
Price / LTM Sales | 0.9x | 1.1x | 2.8x | |
Upside (Analyst Target) | 11.0% | 13.7% | 10.7% | |
Fair Value Upside | Unlock | 0.8% | 3.2% | Unlock |