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Wema Bank Valuation Multiples
Discover revenue and EBITDA valuation multiples for Wema Bank and similar public comparables like Hrvatska Postanska Banka, Great Southern Bancorp, Southern Missouri Bancorp, VP Bank and more.
Wema Bank Overview
About Wema Bank
Wema Bank PLC is a commercial bank. The company offers retail banking, SME banking, corporate banking, treasury, trade services and financial advisory to its customers. Its services include granting of loans and advances, corporate finance and money market activities. The bank operates in four geographical regions: South-west, South-South, Abuja, and Lagos zones. Wema derives the majority of its revenues from Lagos.
Founded
1945
HQ

Employees
2.3K
Website
Financials (FY)
EV
$790M
Wema Bank Financials
Wema Bank reported last fiscal year revenue of $170M.
In the same fiscal year, Wema Bank generated $62M in net income.
Wema Bank P&L
In the most recent fiscal year, Wema Bank reported revenue of $170M and net income of $62M.
Wema Bank expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $170M | XXX | XXX | XXX |
| Net Profit | — | XXX | $62M | XXX | XXX | XXX |
| Net Margin | — | XXX | 37% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Wema Bank Stock Performance
Wema Bank has current market cap of $693M, and enterprise value of $790M.
Wema Bank's stock price is $0.02.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $790M | $693M | — | XXX | XXX | XXX | $0.00 |
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Start Free TrialWema Bank Valuation Multiples
Wema Bank trades at 4.7x EV/Revenue multiple.
Wema Bank Financial Valuation Multiples
As of March 29, 2026, Wema Bank has market cap of $693M and EV of $790M.
Equity research analysts estimate Wema Bank's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Wema Bank has a P/E ratio of 11.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $693M | XXX | $693M | XXX | XXX | XXX |
| EV (current) | $790M | XXX | $790M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 4.7x | XXX | XXX | XXX |
| P/E | — | XXX | 11.1x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 3.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Wema Bank Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Wema Bank Margins & Growth Rates
Wema Bank's revenue in the last fiscal year grew by 89%.
Wema Bank Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 89% | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 3% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 3% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 49% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Wema Bank Public Comps
See public comps and valuation multiples for other Neobanking and Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Hrvatska Postanska Banka | XXX | XXX | XXX | XXX | XXX | XXX |
| Great Southern Bancorp | XXX | XXX | XXX | XXX | XXX | XXX |
| Southern Missouri Bancorp | XXX | XXX | XXX | XXX | XXX | XXX |
| VP Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Şekerbank | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Wema Bank M&A Activity
Wema Bank acquired XXX companies to date.
Last acquisition by Wema Bank was on XXXXXXXX, XXXXX. Wema Bank acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Wema Bank
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialWema Bank Investment Activity
Wema Bank invested in XXX companies to date.
Wema Bank made its latest investment on XXXXXXXX, XXXXX. Wema Bank invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Wema Bank
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Wema Bank
| When was Wema Bank founded? | Wema Bank was founded in 1945. |
| Where is Wema Bank headquartered? | Wema Bank is headquartered in Nigeria. |
| How many employees does Wema Bank have? | As of today, Wema Bank has over 2K employees. |
| Is Wema Bank publicly listed? | Yes, Wema Bank is a public company listed on Nigerian Exchange. |
| What is the stock symbol of Wema Bank? | Wema Bank trades under WEMA ticker. |
| When did Wema Bank go public? | Wema Bank went public in 1991. |
| Who are competitors of Wema Bank? | Wema Bank main competitors are Hrvatska Postanska Banka, Great Southern Bancorp, Southern Missouri Bancorp, VP Bank. |
| What is the current market cap of Wema Bank? | Wema Bank's current market cap is $693M. |
| What is the current revenue of Wema Bank? | Wema Bank's last fiscal year revenue is $170M. |
| What is the current EV/Revenue multiple of Wema Bank? | Current revenue multiple of Wema Bank is 4.7x. |
| Is Wema Bank profitable? | No, Wema Bank is not profitable. |
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