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.