FCMB Group Plc Reports N177 Billion Profit for 2025, Marking 141% Increase
FCMB Group Plc has announced a remarkable profit of N177 billion for the year ending December 31, 2025, marking a 141% increase from N73.3 billion in 2024. The bank's earnings were primarily driven by higher interest income and improved non-interest revenue streams.
The group's gross earnings surged to N1.13 trillion in 2025 from N794.4 billion in 2024, representing a 42% year-on-year growth. The net interest income doubled to N503 billion from N225.3 billion in the previous year, largely due to a significant increase in interest and discount income.
Non-interest income also played a significant role in boosting the bottom line, with fee and commission income rising by 29% to N96 billion. Despite market adjustments, the group's operating income gained N28 billion, although lower than the N93.3 billion recorded in 2024.
FCMB continued to invest in human capital and infrastructure, leading to a rise in personnel expenses. The bank's total assets grew to N7.54 trillion, with strong support for businesses and households across Nigeria.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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