FCMB Group Plc has declared a historic Profit After Tax (PAT) of ₦177.3 billion for the year ended December 31, 2025.
This represents an extraordinary 142% growth compared to the previous financial year, positioning the financial holding company for its next phase of market dominance.
According to the group’s audited financial statements released through the Nigerian Exchange (NGX), Profit Before Tax (PBT) also surged by 81% year-on-year to hit ₦202.1 billion, up from the previous cycle.
The astronomical rise in profitability was anchored on a robust top-line performance. Gross revenue for the period expanded by 42.5% to cross the trillion-naira threshold, finishing at ₦1.13 trillion against ₦794.4 billion in FY 2024.
The primary catalyst for this earnings explosion was a 61.7% surge in interest income, combined with an optimized balance sheet that expanded earning assets to ₦4.90 trillion.
Consequently, Net Interest Income sky-rocketed by 124.5% to settle at ₦505.9 billion, driven by a substantial expansion in Net Interest Margin, which rose from 6.3% to 9.5%.
The Group’s diversified business structure proved vital, with the core Banking Group contributing the lion’s share of profits surging 110% to ₦163.3 billion.
Non-banking divisions also registered solid gains as the Investment Management arm (comprising FCMB Pensions, FCMB Asset Management, and FCMB Trustees) recorded a 29% profit increase to hit ₦8.4 billion.
Reflecting the massive bottom-line expansion, Earnings Per Share (EPS) advanced significantly by 66.7% to close at ₦3.96, up from ₦2.38 in FY 2024.
This growth came despite an increase in the total volume of outstanding shares following the group’s successful recapitalization efforts via its 2025 Public Offer. Total equity subsequently grew by 21.4% to reach ₦835.4 billion by December 2025.
The Group also demonstrated that this growth is highly sustainable, maintaining its aggressive trajectory well into the new financial year.