Wema Bank (NSA:WEMA) Revenue : ₦130,890 Mil (TTM As of Dec. 2023)

Wema Bank Revenue Chart

Wema Bank Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Revenue		Get a 7-Day Free Trial					48,743.32	46,345.55	60,281.81	78,871.24	130,889.79

Wema Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Revenue	Get a 7-Day Free Trial															25,028.21	20,412.49	24,889.65	34,109.55	51,478.10

Competitive Comparison of Wema Bank's Revenue

For the Banks - Regional subindustry, Wema Bank's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Wema Bank's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Wema Bank's Revenue distribution charts can be found below:

* The bar in red indicates where Wema Bank's Revenue falls into.

Wema Bank Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦130,890 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wema Bank  (NSA:WEMA) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.

Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.

Wema Bank Revenue Related Terms

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Wema Bank (NSA:WEMA) Business Description