Wema Bank’s profit jumps 135% to N102.5bn

Wema Bank grew its profit before tax to N102.51bn, representing an increase of 135 per cent over the N43.59bn recorded in the corresponding period in 2023.

This was according to a statement made available to The PUNCH on Sunday.

According to the statement, the bank also proposed a dividend of N1.00 per share on the back of the impressive result.

Its balance sheet indicated that total assets grew by 60 per cent to N3.59bn in FY 2024 from…