Shareholders of FCMB Group Plc on Tuesday approved a total dividend payout of N23.08 billion for the 2025 financial year at the company’s 13th Annual General Meeting (AGM) held in Lagos.

The approved dividend was paid to shareholders whose names appeared in the register of members as of the close of business on June 15, 2026.

Shareholders, who attended both in person and online, approved all Board resolutions, including the re-election of Ladi Jadesimi and the ratification of Adepeju Adebajo as Directors. They also elected Audit Committee members and authorised Directors to set the auditors’ remuneration.

The AGM followed a year of strong earnings growth across the group’s businesses, despite challenging economic conditions. FCMB Group reported profit before tax of N202.1 billion for the year ended December 31, 2025, up 81 percent from N111.9 billion a year earlier. Profit after tax rose 142 percent to N177.3 billion, while gross revenue increased 42.5 percent to N1.13 trillion. Return on equity rose to 23.2 percent.

The Group reported double-digit profit growth across all divisions. The Banking Group’s profit before tax rose 110 percent, while Consumer Finance, Investment Banking, and Investment Management grew by 107 percent, 90 percent, and 29 percent, respectively. This momentum continued into 2026, with all segments achieving strong first-quarter growth.