This could create a stronger combined player with better capital, market share, and resilience if executed well - aligning with CBN's goal of fewer, stronger banks.
However, due diligence is critical. Review latest financials, analyst reports (e.g., from DataPro or Proshare), merger terms if disclosed, and regulatory filings. Diversify exposure, focus on longer-term fundamentals over short-term hype, and consider professional advice. Bank stocks have been volatile; position sizing and patience are key
It’s Polaris Bank. Hope it doesn’t come with toxic asset?
Make una nor spoil Wema bank for me o!