Wema Bank Plc Share Price Weekly Performance Report (22nd May 2026)

WEEKLY PAGER ON WEMA BANK PLC SHARE PRICE.

Wema Bank – Share Price Snapshot
Current Price: ₦33.40
52 Week Range: ₦12.60 – ₦36.00
Week Open: ₦33.00 Week Close: ₦33.40
Week High / Low: ₦33.65 / ₦32.75
Weekly % Change: +1.21%

Performance Trends
Year to Date: +63.73% – strong YTD run
Quarter to Date: +28.13%
Month to Date: -2.02% – slight pullback in May
Week to Date: +1.21% – bounced back this week

Banking Sector Context – Week Ended 22nd May 2026
Banking Sector WoW: +1.11% – closed on a bullish note
Wema Rank: 6th out of 11 banks tracked, with +1.21%
Top Gainers: STANBIC +7.06%, FIDELITYBK +2.62%, ZENITHBANK +2.33%
Laggards: ACCESSCORP -3.11%, FCMB -2.12%, GTCO -1.23%
Flat: ETI 0.00%, FBNH 0.00%

Market Backdrop
NGX All-Share Index: -0.25% to 249,712.37 – broad market dipped
Market Cap: -0.23% to ₦160.077 trillion
NGX Banking Index: +1.11% WoW – banking outperformed the market
Turnover: 3.875bn shares worth ₦161.757bn vs 7.772bn shares worth ₦374.040bn last week

Commentary & Bottom Line
“Investor’s sentiments in the week under-review were bearish with the share price gained 1.21% bringing the year to date at 63.73% in price appreciation.”

Wema had a positive week, up 1.21%, beating the overall NGX ASI but lagging sector leaders like Stanbic and Fidelity. YTD performance remains very strong at +63.73%, though May has seen a -2.02% retracement so far.

CONCLUSION HOLD
The pointers are that Wema Bank still has strong upside potential.
However, after its sharp rally , the stock may pause or move sideways before the next major upward move .

REGARDS,
TUNDE SOBAMOWO
FINANCIAL ADVISOR &STOCKBROKER

DISCLAIMER: REPORT IS NOT FOR CIRCULATION OR REPRODUCTION WITHOUT THE AUTHORIZATION OF THE AUTHOR .INVESTORS ARE ADVISED TO SEEK FURTHER GUIDANCE FROM THEIR SOLICITORS OR ACCOUNTANTS BEFORE MAKING ANY INVESTMENT DECISION .

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