Wema Bank Posts N240.12bn Interest Income

Wema Bank Posts N240.12bn Interest Income

Wema Bank Plc’s interest income grew by 65 per cent year-on-year to ₦240.12bn in the first half (H1) of 2025, as against ₦145.53bn recorded in 2024, while Non-Interest Income surged by 91 per cent year-on-year to ₦63.08bn from H1 2024, which stood at ₦33.10bn. The bank stated this in its unaudited consolidated financial statements for the half-year period ended June 30, 2025, released to the Nigerian Exchange Group (NGX) and seen by THE WHISTLER…

Wema Bank grows H1 2025 profit by 229% as interest income soars to N240.6 billion

Wema Bank Plc has reported a pretax profit of N100.5 billion for the six months ended 30 June 2025, up 229.12% from N30.5 billion recorded in the same period of 2024.  The post Wema Bank grows H1 2025 profit by 229% as interest income soars to N240.6 billion  appeared first on Nairametrics.

Wema Bank Grows Pre-Tax Profit by 231% in H1 2025, NPL at 3.17%

By Aduragbemi Omiyale In the first half of 2025, Nigeria’s oldest indigenous bank, Wema Bank Plc, increased its profit after tax by 231 per cent to N101.2 billion from N30.55 billion in the same period of last year. The pioneer of Africa’s first fully digital bank, ALAT, disclosed this information in its unaudited consolidated financial […]