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FCMB Group Reports N202.1bn Profit Before Tax for 2025

FCMB Group Reports N202.1bn Profit Before Tax for 2025

FCMB Group Plc announced its audited financial results for the year ending December 31, 2025, reporting a profit before tax of N202.1 billion, an increase of 81% from N111.9 billion in 2024. The profit before tax for the first quarter ending March 31, 2026, was N87.0 billion, up 14.8% from N76.5 billion in the same period of 2025.

The bank's subsidiaries contributed significantly, with profit before tax growth of 110% to N163.3 billion. The consumer finance and investment management sectors also saw substantial growth, with increases of 107% and 90%, respectively.

Gross revenue for 2025 reached N1.13 trillion, driven by a 61.7% rise in interest income. The bank's total assets grew by 8.2% to N7.63 trillion by the end of 2025 and further increased to N7.96 trillion by March 31, 2026.

Ladi Balogun, the Group Chief Executive, stated that the results reflect the strength of the diversified business model and disciplined execution.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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