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Lagos
October 21, 2026
The Industry
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Finance

FCMB profit jumped

FCMB Group Plc has reported a staggering profit after tax of N177bn for the year ended December 31, 2025, up from N73.3bn in 2024. The bank’s strong performance is driven by higher interest income and improved non-interest revenue streams.

Gross earnings jumped 42% to N1.13tn, fueled by a 61% surge in interest and discount income to N1.0tn. Net interest income more than doubled to N503bn, while non-interest income contributed significantly, with fee and commission income rising 29% to N96bn.

READ ALSO: Access Bank targets ATC 2026 to drive Africa’s trade agenda

The bank invested in human capital and infrastructure, with personnel expenses up to N106bn and general admin expenses rising to N127bn. Total assets grew to N7.54tn, driven by cash and cash equivalents and investment securities.

FCMB’s equity strengthened to N823bn, and basic earnings per share stood at N3.96, reflecting substantial growth for shareholders. The bank remains committed to supporting businesses and households across Nigeria.

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