Wema Bank Releases Full Year 2025 Audited Financial Results, Declares ₦221.85bn PBT and ₦1.25 Dividend
By The People’s Voice Nigeria News
Wema Bank Plc has announced its Full Year 2025 Audited Financial Results, posting a record-breaking performance across key financial indicators and reinforcing its position as one of Nigeria’s leading innovative financial institutions.
The Bank recorded a Profit Before Tax (PBT) of ₦221.9 billion, representing a significant 116.4% increase from ₦102.5 billion in FY 2024. Profit After Tax (PAT) also rose sharply by 125.4% to ₦194.5 billion, compared to ₦86.2 billion in the previous year.
Total assets surged to ₦5.07 trillion, marking a 41.5% increase from ₦3.59 trillion in FY 2024, highlighting the Bank’s strengthened balance sheet and sustained growth trajectory. Gross earnings climbed by 52.8% to ₦660.6 billion, driven largely by a 62.7% increase in interest income, reflecting improved yields on earning assets and expansion in the loan book.
Customer deposits grew by 30.3% to ₦3.29 trillion from ₦2.52 trillion, underscoring strong customer confidence in the Bank. Net interest income more than doubled, rising by 103.9% to ₦361.0 billion, while non-interest income recorded an 8.3% increase to ₦85.3 billion.
Net loans and advances also expanded significantly by 44.7% to ₦1.74 trillion, demonstrating the Bank’s continued support for critical sectors of the economy alongside a disciplined risk management approach.
Based on the impressive performance, the Bank has proposed a dividend payout of ₦1.25 per share to shareholders.
Speaking on the results, the Managing Director/Chief Executive Officer of Wema Bank Plc, Moruf Oseni, highlighted the Bank’s consistent growth over recent years.
According to him, the Bank’s PBT has grown from ₦14.75 billion three years ago to ₦43.59 billion in 2023, ₦102 billion in 2024, and now ₦221 billion in 2025. He also noted that total assets have expanded from ₦1 trillion in 2021 to over ₦5 trillion in 2025, reflecting disciplined execution and a resilient business model.
Oseni further revealed that as of September 2025, the Bank successfully exceeded the ₦200 billion recapitalisation requirement set by the Central Bank of Nigeria for commercial banks with national authorisation.
He emphasized that the Bank’s 80th anniversary in 2025 marked a significant milestone, coinciding with the evolution of its flagship digital platform, ALAT, which continues to redefine digital banking through enhanced personalisation, intelligence, and flexibility.
Wema Bank stated that its consistent growth and innovation position it strongly to lead the future of banking in Africa, particularly as digital transformation continues to reshape the financial services landscape.
