FCMB Group Approves ₦23.08bn Dividend for 2025

At the 13th Annual General Meeting held in Lagos, FCMB Group shareholders approved a total dividend payout of ₦23.08 billion for the financial year ending December 31, 2025. The meeting saw the re-election of Mr.

Ladi Jadesimi and the ratification of Mr. Adepeju Adebajo as a director and audit committee member.

The group reported a profit before tax of ₦202.1 billion, an increase from ₦181.1 billion the previous year, marking a 142% rise. Gross revenue also increased by 42.5% to ₦1.13 trillion, with a return on equity rising by 23.2%.

The banking segment alone saw a profit before tax increase of 110%, while consumer finance and investment banking grew by 107% and 90%, respectively. Mr.

Ladi Balogun, the Group Chief Executive, described 2025 as a transformative year, emphasizing the group's resilience and diversified business model. The group also provided ₦537.5 billion in financing to SMEs, including ₦51 billion to women-owned businesses.