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 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. The company 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: ACCESSCORP, NPFMCRFBK, FIDELITYBK, UBA, STERLINGNG | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipWEMABANPeersSector |
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P/E Ratio | 3.4x | 6.8x | 9.7x | |
PEG Ratio | 0.04 | 0.16 | 0.03 | |
Price/Book | 1.3x | 1.1x | 1.0x | |
Price / LTM Sales | 1.4x | 1.7x | 2.9x | |
Upside (Analyst Target) | −28.8% | 10.3% | 9.0% | |
Fair Value Upside | Unlock | 1.2% | 1.3% | Unlock |