The Nigerian Stock Exchange X-Gen News Alert - Wema Bank Plc
Company Name: Wema Bank Plc (www.WemaBank.com)
Company Symbol: WEMABANK
[WEMABANK]>> Company Reports
Name of Company: Wema Bank Plc
Period: Audited Financials for the Year Ended December 31, 2016
Statement of Comprehensive Income
Gross Earnings 31/12/16 N53.53b 31/12/15 N45.87b
Interest Income 31/12/16 N44.45b 31/12/15 N37.13b
Interest Expense 31/12/16 (N25.76b) 31/12/15 (N19.41b)
Net Interest Income 31/12/16 N18.68b 31/12/15 N17.72b
Other Operating Income 31/12/16 N9.8b 31/12/15 N8.66b
Operating Expenses 31/12/16 (N24.79b) 31/12/15 (N23.47b)
Profit before Tax 31/12/16 N3.28b 31/12/15 N2.99b
Taxation 31/12/16 (N0.685b) 31/12/15 (N0.718b)
Profit after Tax 31/12/16 N2.59b 31/12/15 N2.27b
Other Comprehensive Income for the Period Net Tax 31/12/16 (N153.96m) 31/12/15 N22.26m
Total Comprehensive Income for the Year 31/12/16 N2.44b 31/12/15 N2.30b
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