Wema Bank Plc has reported exceptional full-year 2025 audited financial results, underscoring robust growth across key financial indicators.
The bank recorded a Profit Before Tax (PBT) of ₦221.85 billion, representing a 116.4% increase from ₦102.5 billion in 2024. Profit After Tax (PAT) surged by 125.4% to ₦194.5 billion, while total assets grew by 41.5% to ₦5.07 trillion, surpassing the ₦5 trillion mark for the first time.
Gross earnings rose 52.8% to ₦660.6 billion, driven largely by a 62.7% growth in interest income, reflecting improved yields and an expanding loan book.
Customer deposits increased 30.3% to ₦3.29 trillion, providing stable funding for asset growth and supporting liquidity. Net interest income more than doubled to ₦361.0 billion, while net loans and advances expanded 44.7% to ₦1.74 trillion, highlighting the bank’s continued support for critical sectors of the Nigerian economy. Non-interest income also grew modestly by 8.3% to ₦85.3 billion.
The strong financial performance has enabled Wema Bank to declare a dividend per share of ₦1.25, rewarding shareholders for their confidence and support.
Speaking on the results, Wema Bank’s Managing Director/CEO, Moruf Oseni, said:
“Wema Bank has delivered one of the strongest growth trajectories in its history. From a PBT of ₦14.75 billion three years ago, we reached ₦102 billion in 2024 and now ₦221 billion in 2025.
”Total assets have grown from ₦1 trillion in 2021 to ₦5 trillion in FY2025. This performance reflects disciplined execution, a resilient business model, and the commitment of our people.”
Oseni also highlighted the bank’s digital banking innovations, noting that the launch of ‘ALAT: The Evolution’ enhances intelligence, personalization, and flexibility, positioning Wema Bank at the forefront of Africa’s digital banking transformation.
The bank’s strong recapitalisation, having surpassed the ₦200 billion minimum threshold set by the Central Bank of Nigeria, further demonstrates its solid financial foundation and ability to lead the sector into the future.
As Wema Bank celebrates 80 years of operations in 2025, the results signal a continued commitment to sustainable growth, digital innovation, and financial inclusion, affirming its position as one of Nigeria’s most resilient and forward-looking financial institutions.
