FCMB Group Plc. Photo: FCMB
Shareholders of FCMB Group Plc have approved a total dividend payout of N23.08bn for the 2025 financial year following strong profit growth and improved earnings across the group’s businesses.
The approval was granted at the company’s 13th Annual General Meeting held in Lagos recently, where shareholders also endorsed all resolutions presented by the board, including the re-election of Mr Ladi Jadesimi and the ratification of Mrs Adepeju Adebajo as directors. They also elected members of the Audit Committee and authorised the directors to determine the remuneration of the external auditors.
The approval followed a year in which the financial services group recorded higher earnings despite a challenging operating environment.
FCMB Group reported a profit before tax of N202.1bn for the year ended December 31, 2025, representing an 81 per cent increase from N111.9bn recorded in the previous year. Profit after tax rose by 142 per cent to N177.3bn, while gross revenue increased by 42.5 per cent to N1.13tn. Return on equity improved to 23.2 per cent.
