January 30, 2026

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FCMB Group Posts N177bn Profit on Strong Income Growth

FCMB Group Plc has reported a profit after tax of N177 billion for the 2025 financial year, representing a 141 per cent increase compared with the previous year.

The lender said the strong performance was driven by robust growth in both interest and non-interest income, reflecting improved core banking operations and diversified revenue streams.

According to the group, higher interest income benefited from an expanded loan book and improved yields, while non-interest income was supported by gains from fees, commissions, and other income lines across its banking and non-banking subsidiaries.

The result underscores FCMB Group’s ability to navigate a challenging operating environment marked by inflationary pressures and tight monetary conditions, while sustaining profitability and balance-sheet growth.

FCMB Group operates across commercial and retail banking, investment banking, and asset management, with subsidiaries in Nigeria and other African markets. The group said it remains focused on strengthening capital, improving efficiency, and delivering sustainable value to shareholders.

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