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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Wema Bank's selling, general, & admin. expense for the
three
months ended in Dec. 2025 was ₦4,211 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was ₦16,480 Mil.
Wema Bank (NSA:WEMA) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Wema Bank Selling, General, & Admin. Expense Related Terms
Wema Bank Selling, General, & Admin. Expense Historical Data
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The historical data trend for Wema Bank's Selling, General, & Admin. Expense can be seen below:
* 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 Selling, General, & Admin. Expense Chart
Wema Bank Selling, General, & Admin. Expense Competitor Comparison
For the Banks - Regional subindustry, Wema Bank's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Banks Industry
For the Banks industry and Financial Services sector, Wema Bank's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Wema Bank's Selling, General, & Admin. Expense falls into.
Wema Bank Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦16,480 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.
What does a Selling, General, & Admin. Expense of ₦16,480 Mil mean?
Wema Bank (NSA:WEMA) has a Selling, General, & Admin. Expense of ₦16,480 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Wema Bank and its competitors.
Is Wema Bank's Selling, General, & Admin. Expense too high?
Wema Bank's current Selling, General, & Admin. Expense is ₦16,480 Mil. Overall, Wema Bank has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wema Bank's Selling, General, & Admin. Expense compare to competitors?
Wema Bank's Selling, General, & Admin. Expense of ₦16,480 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Banks company?
A good Selling, General, & Admin. Expense depends on the Banks industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Wema Bank and its competitors. Wema Bank's current Selling, General, & Admin. Expense is ₦16,480 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wema Bank stock overvalued right now?
Based on GuruFocus' analysis, Wema Bank (NSA:WEMA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦13.16, compared to a current price of ₦31.80 — trading 141.6% above its estimated fair value. The current Selling, General, & Admin. Expense is ₦16,480 Mil. Wema Bank's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Wema Bank (NSA:WEMA), the current Selling, General, & Admin. Expense is ₦16,480 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wema Bank (NSA:WEMA) Overvalued in 2026?
Based on GuruFocus' analysis, Wema Bank stock appears to be overvalued.
The current stock price of ₦31.80 is trading 141.6% above its estimated GF Value™ of ₦13.16.
GuruFocus considers Wema Bank to be Significantly Overvalued.
Key valuation signals for NSA:WEMA:
Selling, General, & Admin. Expense: ₦16,480 Mil
GF Value™: ₦13.16 vs. price of ₦31.80 (141.6% above fair value)
No single metric tells the full story. See the NSA:WEMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
65GF Score
Get the complete analysis for NSA:WEMA
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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