Wema Bank PLC announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net income was NGN 317.152 million compared to NGN 682.335 million a year ago. Basic earnings per share was NGN 0.032 compared to NGN 0.072 a year ago. For the full year, net income was NGN 4,406.021 million compared to NGN 3,326.420 million a year ago. Basic earnings per share was NGN 0.114 compared to NGN 0.086 a year ago.