FCMB Reports Strong 2025 Earnings Amid Audit Delays
FCMB Group PLC announced its unaudited financial results on January 29, 2026, reporting a pre-tax profit of N200.912 billion, which represents an 80% increase year-on-year. This growth was primarily driven by a significant rise in interest income, which surged by 61% to N1.002 trillion compared to N621.8 billion in the previous year.
The bank's net interest income rose by 123% to N502.8 billion. However, FCMB noted that it may not meet the March 31, 2026 deadline for submitting its audited financial statements to the Nigerian Exchange due to pending regulatory approvals from the Central Bank of Nigeria.
The bank's audit accounts are currently undergoing a regulatory review process, and it expects to file the audit results immediately upon receiving the required approvals. Financial analyst Tund Adeola explained that delays in publishing audit results are not unusual in Nigeria's banking sector, especially during regulatory transitions.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
Read full article
Continue on Blueprint
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
FCMB Reports Strong Earnings Amid Audit Delay Concerns
FCMB Profit Doubles, Interest Income Hits N1 Trillion
FCMB Achieves N288.96bn Capital Base, Awaits CBN Approval
FCMB Group Plc Meets CBN's Recapitalization Target Ahead of Deadline
FCMB Completes N500bn Recapitalization Ahead of Deadline
FCMB Completes ₦500bn Recapitalization to Retain License
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
