FCMB Group has proposed a final dividend of ₦0.35 kobo for every 50 kobo ordinary share, subject to appropriate withholding tax and approval of shareholders at the next Annual General Meeting, capping a year in which the lender’s profit after tax jumped 142%.
Gross revenue grew 42.5% to ₦1.13 trillion for FY 2025, largely driven by a 61.7% growth in interest income and a 17.3% growth in earning assets from ₦4.18 trillion to ₦4.90 trillion.
Profit Before Tax grew by 81% to ₦202.1 billion in FY 2025, while Profit After Tax increased by 142% to ₦177.3 billion. Return on Equity improved to 23.2%, while Return on Assets rose to 2.4%.
Net Interest Income grew by 124.5% to ₦505.9 billion (FY 2024: ₦225.3 billion), driven by a growth in Net Interest Margin to 9.5% for FY 2025 from 6.3% as at FY 2024. This momentum extended into 1Q 2026, as Net Interest Margin grew further to10.7%.
The strong earnings momentum continued into Q1 2026, with gross revenue growing 26.7% year-on-year to ₦320.2 billion (Q1 2025: ₦252.7 billion).
Profit Before Tax and Profit After Tax increased by 148% and 137% year-on-year to ₦87.0 billion and ₦76.5 billion, respectively. Annualized Return on Equity and Return on Assets improved to 31.0% and 3.9%, respectively.
Total assets grew further by 4.4% to ₦7.96 trillion as at March 2026, as the group continued to prioritise balance sheet efficiency and optimisation.
Total equity grew by 21.4% to ₦835.4 billion at the end of December 2025 (FY 2024: ₦688.2 billion) and by 36.5% to ₦1.14 trillion as at March 2026 supported by growth in retained earnings and additional capital injection from the 2025 Public Offer.
The Group’s Capital Adequacy Ratio stood at 26.95% as at March 2026, providing a sound capital buffer.
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