Shareholders of FCMB Group Plc have approved a dividend payout of N23.08 billion for the 2025 financial year following the financial institution’s impressive earnings performance, which saw profit after tax climb to N177.3 billion.
The approval was given during the group’s 13th Annual General Meeting (AGM) held in Lagos, where shareholders also endorsed all resolutions presented by the board. These included the re-election of Ladi Jadesimi as a director, the ratification of Mrs. Adepeju Adebajo as a director, the election of members of the Audit Committee, and authorisation for the board to determine the remuneration of the company’s external auditors.
The dividend declaration followed a strong financial year in which the diversified financial services group delivered significant growth despite operating in a challenging economic environment.
According to the company’s audited financial results for the year ended December 31, 2025, profit before tax surged by 81 per cent to N202.1 billion, compared to N111.9 billion recorded in the previous year. Profit after tax rose even more sharply, increasing by 142 per cent to N177.3 billion.
Gross revenue also grew substantially by 42.5 per cent, reaching N1.13 trillion, while the group’s return on equity improved to 23.2 per cent, reflecting stronger profitability and improved shareholder value.
FCMB’s major business divisions also delivered robust performances during the year.
The Banking Group recorded a 110 per cent increase in profit before tax, while the Consumer Finance division grew by 107 per cent. Investment Banking posted a 90 per cent rise in earnings, and Investment Management expanded its profit by 29 per cent.
The company disclosed that the positive momentum has continued into the first quarter of 2026.
Speaking at the AGM, the Chairman of FCMB Group, Ladi Jadesimi, attributed the strong performance to the group’s resilient and diversified business model.
He said the company remains committed to rewarding shareholders while retaining sufficient capital to drive long-term expansion and sustain future growth.
According to him, the group’s strategy balances immediate returns for investors with investments that strengthen competitiveness and create lasting value for stakeholders.
Also speaking, the Group Chief Executive, Ladi Balogun, described 2025 as a transformational year for FCMB, noting that stronger collaboration across its various business units played a major role in the outstanding financial performance.
He explained that the Banking Group, Consumer Finance, Investment Banking and Investment Management businesses complemented one another in driving revenue growth and profitability.
Balogun said the group’s priority remains accelerating its digital transformation, strengthening operational excellence and leveraging the collective strength of its business ecosystem.
He further revealed that the successful completion of FCMB’s recapitalisation programme has positioned the organisation for its next phase of sustainable long-term growth.
Shareholder representatives commended the board and management for delivering strong financial results despite prevailing economic challenges.
National Coordinator of the Pragmatic Shareholders Association of Nigeria, Mrs. Bisi Bakare, praised the dividend payment, describing it as evidence of management’s commitment to creating value for investors.
Similarly, the National Chairman of the Progressive Shareholders Association of Nigeria, Mr. Boniface Okezie, applauded the group’s continued support for small businesses and women entrepreneurs.
According to him, FCMB provided N537.5 billion in financing to small and medium-sized enterprises (SMEs) during 2025, including N51 billion specifically targeted at women-owned businesses.
Another shareholder, Mr. Eric Akinduro, highlighted improvements in the bank’s asset quality, noting that its non-performing loan ratio declined from 5.95 per cent to five per cent, reflecting stronger risk management.
The company also reported continued expansion across its balance sheet.
Total assets increased by 8.2 per cent to N7.63 trillion, while lending to consumers and SMEs rose by 24 per cent to N930 billion. In addition, assets under management grew by 24.2 per cent to N1.70 trillion.
The approved dividend was paid on July 30, 2026, to shareholders whose names appeared on the company’s register of members as of the close of business on June 15, 2026.
READ ALSO:
- NDLEA Nabs 67-Year-Old UK-Based Grandma With 13kg Cocaine Hidden In Fake Plantains
- FCMB Records N177.3bn Profit, Shareholders Approve N23bn Dividend
- Tinubu Reaffirms Commitment to Religious Harmony, Says He Looks Forward to Hosting Pope Leo XIV
- SERAP demands Akpabio, Abbas explain ₦1.3bn budgeted for ‘fictitious’ council
- PFIPC Scandal Deepens as Presidency Alleges Insider Collusion, Orders DSS, Police, EFCC Probe
