FCMB Group FY 2025 Results: PBT Hits ₦202.1 Billion

FCMB Group Plc reported Profit Before Tax of ₦202.1 billion for FY 2025, an 81% increase year-on-year, and Profit After Tax of ₦177.3 billion, up 142%. Gross revenue reached ₦1.13 trillion, a 42.5% rise from ₦794.4 billion in FY 2024, driven primarily by a 61.7% growth in interest income. Net Interest Income rose 124.5% to ₦505.9 billion, with Net Interest Margin expanding to 9.5% from 6.3%. The Cost-to-Income Ratio improved to 53.8% from 59.9%. Earnings Per Share grew 66.7% to ₦3.96.

For Q1 2026, Profit Before Tax grew 148% year-on-year to ₦87.0 billion, with Profit After Tax at ₦76.5 billion, up 137%. Annualised Return on Equity reached 31.0%.

Total assets stood at ₦7.63 trillion as at December 2025, growing to ₦7.96 trillion by March 2026. Total equity reached ₦835.4 billion at year-end and ₦1.14 trillion by March 2026, supported by retained earnings and proceeds from a 2025 Public Offer. The Capital Adequacy Ratio stood at 26.95% as at March 2026. The Board proposed a dividend of 35 kobo per share for FY 2025, a 36% reduction from the prior year, attributed to an increased share count following the public offer and non-payment of a 2025 interim dividend from the banking subsidiary.