Shareholders of FCMB Group Plc have approved a total dividend payout of ₦23.08 billion for the 2025 financial year at the company’s 13th Annual General Meeting (AGM) held in Lagos on June 30, 2026.
During the meeting, shareholders approved all resolutions presented by the Board, including the re-election of Mr. Ladi Jadesimi, the ratification of Mrs. Adepeju Adebajo as a Director, the election of members of the Audit Committee, and the authorisation of Directors to determine the remuneration of the company’s external auditors.
The approvals followed a year of strong financial performance across the group’s businesses despite Nigeria’s challenging macroeconomic environment.
What the data is saying
The approved ₦23.08 billion dividend reflects FCMB Group’s improved earnings capacity and its ability to reward shareholders following a year of exceptional profitability.
The group recorded profit before tax (PBT) of ₦202.1 billion for the 2025 financial year, representing an 81% increase from ₦111.9 billion reported in 2024. Profit after tax (PAT) grew even faster, rising 142% to ₦177.3 billion, indicating stronger bottom-line performance driven by higher revenues and improved operational efficiency.
Gross revenue increased 42.5% to ₦1.13 trillion, reflecting continued expansion across the group’s banking and non-banking businesses. Meanwhile, Return on Equity (ROE) improved to 23.2%, suggesting the company generated stronger returns for shareholders from its equity base.
Performance was broad-based across FCMB’s business segments. The Banking Group recorded the strongest growth, with profit before tax increasing 110%, while Consumer Finance, Investment Banking, and Investment Management delivered profit growth of 107%, 90%, and 29%, respectively.
The company also disclosed that the positive momentum extended into the first quarter of 2026, with all business divisions continuing to record strong growth. This suggests that the group’s earnings performance has remained resilient despite elevated interest rates, inflationary pressures, and broader economic uncertainties.
For investors, the combination of rising profitability, improved returns on equity, continued business diversification, and sustained dividend payments reinforces FCMB Group’s position as one of Nigeria’s stronger-performing financial services groups.
What you should know
An Annual General Meeting (AGM) is the forum where shareholders vote on key corporate matters, including dividend payments, director appointments, auditor appointments, and other strategic resolutions.
FCMB Group operates a diversified financial services model comprising commercial banking, consumer finance, investment banking, investment management, and other financial services businesses.
The group’s strong 2025 performance reflects a broader trend among several Nigerian financial institutions, many of which reported robust earnings growth amid higher interest rates, increased lending income, and expanding non-interest revenue, although operating costs and regulatory changes remain key factors investors continue to monitor.
