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FCMB shareholders approve ₦23.1bn dividend

Shareholders of FCMB Group Plc have approved a ₦23.08 billion dividend payout for the 2025 financial year at the company’s 13th Annual General Meeting in Lagos.

The shareholders also approved all board resolutions, including the re-election and ratification of directors, elected members of the Audit Committee and authorised the board to determine the auditors’ remuneration.

The approval follows a strong financial performance by the group, with profit before tax rising 81 per cent to ₦202.1 billion, while profit after tax increased 142 per cent to ₦177.3 billion. Gross revenue also grew by 42.5 per cent to ₦1.13 trillion, with return on equity improving to 23.2 per cent.

FCMB recorded double-digit profit growth across its banking, consumer finance, investment banking and investment management businesses, with the positive momentum continuing into the first quarter of 2026.

Chairman Ladi Jadesimi says the results reflect the resilience of the group’s diversified business model despite challenging economic conditions.

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