FCMB Group Plc( NGX: FCMB)has released its Annual Report and Financial Statements for the year ended 31 December 2025,
In a press release on NGX, the Group reported a gross earnings of ₦1.131 trillion for the year, representing a substantial increase from ₦794.43 billion in 2024.
Profit after tax surged to ₦177.27 billion, compared to ₦73.34 billion the previous year, attribute to improved operational efficiency and strategic execution across its banking and non-banking subsidiaries.
Key Financial Highlights.
- Profit before tax (after windfall and minimum tax considerations): ₦202.10 billion (2024: ₦111.90 billion)
- Basic and diluted earnings per share**: ₦3.99 (2024: ₦2.38)
- Non-performing loans ratio Improved to 5.09% from 5.95%
- Total non-performing loans: ₦125.95 billion
The Board of Directors has recommended a cash dividend of 35 kobo per ordinary share (2024: 55 kobo), totaling approximately ₦23.08 billion.
This is subject to shareholder approval at the upcoming Annual General Meeting.
The dividend is payable to all qualifying shareholders, including those from the recent share allotment.
FCMB Group Plc continues to uphold high standards of corporate governance in line with CBN guidelines, SEC Code, and the Nigerian Code of Corporate Governance.
Key governance highlights include:
- Five Board meetings held in 2025 with strong attendance records.
- Comprehensive director training programs covering sustainability standards (ISSB IFRS S1 & S2), anti-money laundering, cybersecurity, and regulatory expectations, facilitated by firms including Deloitte, KPMG, and the Financial Reporting Council of Nigeria.
- Active Board Committees (Audit, Investment, Risk Management, and Governance & Remuneration) that met regularly to oversee strategy, risk, and performance.
- Successful induction and continuous professional development for directors.
Several directors retired or stepped down during the year, with appropriate transitions managed in compliance with regulatory requirements.
The Group also conducted an independent Board evaluation by KPMG Advisory Services.
As at 31 December 2025, the Company had 590,189 shareholders holding 42.77 billion ordinary shares of 50 kobo each. Domestic investors held 97.70% of the shares, with foreign shareholders accounting for the remainder.
FCMB Group’s subsidiaries — including First City Monument Bank, FCMB Microfinance Bank, FCMB Capital Markets, and others — continue to provide financial services ranging from commercial banking and trade finance to asset management and investment banking.
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