Wema Bank pledges to maintain strong expansion and deliver long-term returns to investors.

Wema Bank is poised to maintain its impressive financial performance and business growth momentum in the coming years, building on the strength of its 2025 financial results, according to the bank's Managing Director/Chief Executive Officer, Moruf Oseni.

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The bank's gross earnings saw a significant increase of 52.8% to N660.6 billion in 2025, up from N432.3 billion in 2024, driven largely by a 62.7% growth in interest income, which was fueled by improved yields on earning assets and a growing loan book.

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Net interest income more than doubled, rising by 103.9% to N361 billion, supported by improved asset pricing and balance sheet expansion, while non-interest income grew modestly by 8.3% to N85.3 billion, driven by transaction banking activities, digital banking revenues, and FX-related income.

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The strong growth across core revenue lines resulted in a 79.6% increase in operating income, which rose to N420.6 billion, reflecting the bank's improved revenue generation capacity and stronger contribution from core banking operations.

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The increase in operating income was primarily supported by growth in funded income, as well as stable expansion in fee-based income streams, and this significant improvement in operating income also supported profitability, with profit before tax rising by 116.4% to N221.9 billion.

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Profit after tax increased by 125.4% to N194.5 billion, demonstrating strong earnings conversion, and according to Oseni, this performance reflects disciplined execution, a resilient business model, and the unwavering commitment of the bank's people.

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Digital innovation remains a central driver of the bank's momentum, with the launch of ALAT 2.0 being a major strategic leap, as it redefines the digital banking experience through enhanced intelligence, deeper personalization, and greater flexibility.

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ALAT 2.0 strengthens the bank's position as a leading digital-first bank and expands its capacity to serve customers more intuitively and at scale, and complementing the bank's strong earnings performance, Wema Bank has successfully completed its capital raise, fully meeting the Central Bank of Nigeria's recapitalization requirements well ahead of the regulatory deadline.

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This development further positions the bank for sustained growth and long-term stability, and the bank will pay a dividend per share of N1.25, as announced by the management.