By Cynthia Alo
Wema Bank has declared that it would sustain its impressive financial performance and business growth momentum in the coming years on the heels of its 2025 financial results.
Commenting on the remarkable performance, the bank’s Managing Director/Chief Executive Officer, Moruf Oseni, also said the bank would continue to deliver superior value to all its stakeholders.
Wema Bank recorded strong revenue growth in 2025, with gross earnings increasing by 52.8% to N660.6 billion from N432.3 billion in 2024.
This performance was largely driven by a 62.7% growth in interest income, reflecting improved yields on earning assets and growth in the loan book.
Net interest income more than doubled, rising by 103.9% to N361billion, supported by improved asset pricing and balance sheet expansion.
Non-interest income grew modestly aby 8.3% to N85.3 billion, supported by transaction banking activities, digital banking revenues, and FX-related income.
Overall, the strong growth across co
Read more on Vanguard