FCMB Group Reports 141.72% Profit Surge in FY 2025

FCMB Group PLC has achieved a significant milestone, reporting a 141.72% surge in profit after tax for the fiscal year 2025, amounting to N177.27 billion, compared to N73.34 billion in FY 2024. This remarkable growth has reshaped investor conversations in the Nigerian capital market, as noted by market experts.

The group's gross revenue increased by 42.46%, exceeding N1.13 trillion, with a notable 61.68% rise in interest income, marking the first time FCMB surpassed the N1 trillion mark in interest-generating revenue. Analysts attribute this success to the effective utilization of high-yield assets and strong commercial momentum.

Despite a 43.41% increase in absolute operating expenses to N328.49 billion due to macroeconomic inflationary pressures, revenue growth outpaced expenses, indicating improved operational efficiency. Furthermore, the group's effective tax rate dropped significantly from 34.46% to 12.29%, providing fiscal relief that saved approximately N26 billion, which was reinvested into the balance sheet to support long-term value creation.