Sunday, July 5, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Banking

FCMB Group Posts N177bn Profit, Approves N23bn Dividend for Shareholders

byStephen Abebor
July 5, 2026
in Banking
0
FCMB Supports Health NGO CIHP With Grant Amid Funding Pressures
8
VIEWS
Share on FacebookShare on Twitter

FCMB Group Plc has secured shareholder approval for a total dividend payout of N23.08 billion for the 2025 financial year after delivering record earnings driven by strong performance across its banking, consumer finance, investment banking and wealth management businesses.

The approval was granted during the group’s 13th Annual General Meeting (AGM) in Lagos, where shareholders also endorsed all resolutions presented by the board, including the re-election of Ladi Jadesimi as a director and the ratification of Adepeju Adebajo’s appointment to the board.

The diversified financial services group reported profit before tax of N202.1 billion for the year ended December 31, 2025, representing an 81% increase from N111.9 billion recorded in 2024. Profit after tax climbed 142% to N177.3 billion, while gross revenue rose 42.5% year-on-year to N1.13 trillion, reflecting broad-based growth across its operating businesses.

The stronger earnings also translated into improved profitability, with the group’s return on equity, a key measure of how efficiently shareholder capital is deployed, rising to 23.2%.

Performance across FCMB Group’s business segments remained robust. The Banking Group recorded 110% growth in profit, while Consumer Finance posted a 107% increase. Investment Banking delivered 90% profit growth, and Investment Management expanded earnings by 29%, underscoring the benefits of the group’s diversified operating model.

Chairman Ladi Jadesimi said the results demonstrated the resilience of FCMB Group’s strategy of building multiple complementary financial services businesses capable of delivering sustainable long-term value.

“We remain steadfast in our objective of balancing immediate shareholder returns with the need to retain sufficient capital to support long-term expansion,” Jadesimi said.

Group Chief Executive Ladi Balogun described 2025 as a transformative year for the organisation, attributing the record performance to stronger collaboration across business units and disciplined execution of the group’s strategic priorities.

Balogun added that the successful completion of FCMB Group’s recapitalisation programme has strengthened its capital base, positioning the institution to pursue future growth opportunities, deepen customer engagement and support increased lending as Nigeria’s financial sector continues to evolve.

Shareholders approved a final dividend of 35 kobo per ordinary share, amounting to N23.08 billion, which was paid on July 30, 2026, to investors whose names appeared on the company’s register of members as of June 15, 2026.

The results reinforce FCMB Group’s position among Nigeria’s leading diversified financial institutions, highlighting sustained earnings momentum, improved capital strength and a continued commitment to delivering value for shareholders while investing for long-term growth.

Tags: Banking Sector Nigeriacapital markets NigeriaConsumer FinanceCorporate EarningsDividend PaymentFCMB GroupFCMB PlcFinancial Results 2025Investment bankingNigerian banksProfit GrowthShareholders AGM
Stephen Abebor

Stephen Abebor

Next Post
Dangote, AFC Sign $600 Million Deal to Expand Fertiliser Production

Dangote Says Blue Economy Investments Could Create 500,000 Jobs in Nigeria

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Tinubu at 74 reaffirms commitment to national recovery

3 months ago
National Assembly Orders Re-Gazetting of Tax Laws Amid Allegations of Unauthorised Alterations

National Assembly Orders Re-Gazetting of Tax Laws Amid Allegations of Unauthorised Alterations

6 months ago

Popular News

  • FG dismisses ‘shadow budget’ claims, says IMF report misrepresented

    FG dismisses ‘shadow budget’ claims, says IMF report misrepresented

    0 shares
    Share 0 Tweet 0
  • CBN Urges Banks to Use N4.65 Trillion Capital to Drive Economic Growth

    0 shares
    Share 0 Tweet 0
  • PZ Cussons Nigeria Profit Jumps 388% on Asset Sale Despite Operational Pressures

    0 shares
    Share 0 Tweet 0
  • MTN Nigeria reassures subscribers on tariffs, defends mobile data policy

    0 shares
    Share 0 Tweet 0
  • Dangote Says Blue Economy Investments Could Create 500,000 Jobs in Nigeria

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Domestic Gas Sales Rise 30% as Nigeria’s Energy Reforms Gain Traction
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .