Wema Bank (NSA:WEMA) 3-Year Revenue Growth Rate : 42.60% (As of Dec. 2023)

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What is Wema Bank 3-Year Revenue Growth Rate?

Wema Bank's Revenue per Share for the three months ended in Dec. 2023 was ₦4.00.

During the past 12 months, Wema Bank's average Revenue per Share Growth Rate was 65.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 42.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 21.10% per year. During the past 10 years, the average Revenue per Share Growth Rate was 11.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Wema Bank was 46.00% per year. The lowest was -20.80% per year. And the median was 10.70% per year.

Competitive Comparison of Wema Bank's 3-Year Revenue Growth Rate

For the Banks - Regional subindustry, Wema Bank's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Wema Bank's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Wema Bank's 3-Year Revenue Growth Rate falls into.

Wema Bank 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Wema Bank (NSA:WEMA) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

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 per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Wema Bank 3-Year Revenue Growth Rate Related Terms

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Wema Bank (NSA:WEMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wema Bank PLC (NSA:WEMA) » Definitions » 3-Year Revenue Growth Rate

Traded in Other Exchanges

N/A

Address

Wema Tower, 54, Marina Street, Lagos, NGA, 12862

Website

https://www.wemabank.com

Wema Bank PLC is a commercial bank. The company offers retail banking, SME banking, corporate banking, treasury, trade services and financial advisory to its customers. Its services include granting of loans and advances, corporate finance and money market activities. The bank operates in four geographical regions; South-west, South-South, Abuja and Lagos zones. Wema derives the majority of its revenues from Lagos.

Wema Bank (NSA:WEMA) Headlines

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