FCMB posts N177bn profit, pays N23bn dividend

Shareholders of FCMB Group Plc have approved a substantial dividend payout of N23.08 billion for the 2025 financial year, a decision stemming from robust profit growth and enhanced earnings across the group's diverse business segments.

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We remain steadfast in our objective of balancing immediate shareholder returns with the need to retain sufficient capital to support long-term expansion, strengthen our competitive positioning and optimise value creation for all stakeholders.

The financial services conglomerate announced a profit before tax of N202.1 billion for the year ending December 31, 2025, marking an impressive 81% surge from the N111.9 billion recorded in the preceding year. Profit after tax saw an even more dramatic increase of 142%, reaching N177.3 billion, while gross revenue climbed by 42.5% to N1.13 trillion. The group's return on equity also improved to 23.2%.

FCMB Group highlighted growth across its key divisions. The Banking Group's profit before tax rose by 110%, while Consumer Finance, Investment Banking, and Investment Management experienced increases of 107%, 90%, and 29% respectively. This positive trend has reportedly continued into the first quarter of 2026.

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2025 was a transformative year for FCMB Group – one in which we witnessed the true impact of ‘The Power of the Group’. A core driver of our performance in 2025 was the effective synergy across our business groups: Banking Group, Consumer Finance, Investment Banking, and Investment Management, each playing a distinct yet complementary role in delivering business growth.

Chairman Ladi Jadesimi attributed the strong performance to the resilience of the group's diversified business model, emphasizing a commitment to balancing immediate shareholder returns with capital retention for long-term expansion. Group Chief Executive Ladi Balogun credited the results to effective synergy across the Banking Group, Consumer Finance, Investment Banking, and Investment Management segments, noting that the group's recapitalization program positions it for future growth.

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Our focus remains firmly on deepening our digital transformation, strengthening our culture of excellence, and amplifying the collective power of our ecosystem.