WorldStage– WEMA Bank Plc, Nigeria’s oldest indigenous bank announced on April 22 its N1.25 dividend per share for the 2025 financial year, indicating a 40 percent annual growth in the last five years.
Subject to shareholders’ approval, the dividend payout amounts to N50.3 billion.
The pioneer bank’s audited financial statement (AFS) revealed its profit after tax soared 125 percent to N194.5 billion in 2025—from N86.3 billion the year before.
According to the AFS, core interest incomes powered the growth, rising 62.4 percent to N576.1 billion in 2025.
Like most others, the bank saw increasing operating cost, customers deposits, and other liabilities push up its total liabilities to N4.44 trillion in 2025, from N3.34 trillion recorded for 2024.
Its asset base, however, widened. According the financial statement, the bank’s asset stood at about N 5 trillion for the reporting year.
The dividend yield for 2025 is 4 percent of WEMA Bank’s stock price currently trading at N27.5, below its intrinsic value of N30 per share.
Analysts consider that a good buy for investors.
In the announcement, the bank said shareholders who qualify will receive their dividends on April 29.
