Shareholders of FCMB Group Plc have 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 last week.

Shareholders, attending both in person and online, approved all Board resolutions, including the re-election of Mr. Ladi Jadesimi and the ratification of Mrs. 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 Dec. 31, 2025, up 81% from N111.9 billion a year earlier. Profit after tax rose 142% to N177.3 billion, while gross revenue increased 42.5% to N1.13 trillion. Return on equity rose to 23.2%.

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