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FCMB Group sustains performance, reports 99% growth in profit before tax to N157.3bn

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FCMB Group sustains performance, reports 99% growth in profit before tax to N157.3bn
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Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You. Open in WhatsApp Highlights of the six-month results released on the Nigerian Exchange Limited (NGX) showed year-on-year growth in profit before tax across all four divisions of the Group: Consumer Finance (92%), Banking Group (80%), Investment Banking (76%), and Investment Management (50%). Gross earnings grew by 27.8% to ₦676.2 billion for the first half of 2026, from ₦529.2 billion in the first half of 2025, driven by a 31.0% growth in interest income and a 22% growth in earning assets, from ₦4.90 trillion to ₦5.98 trillion.

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Original publisherPremium Times
Canonical URLhttps://www.premiumtimesng.com/promoted/898697-fcmb-group-sustains-performance-reports-99-growth-in-profit-before-tax-to-n157-3bn.html
Publication timeTue, 28 Jul 2026 06:57:05 +0000
Retrieval time2026-07-28T07:01:43.897Z
Last seen2026-07-28T07:01:43.897Z
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Opening excerpt (first ~120 words) tap to expand

Add us on Google FCMB Group Plc (NGX: FCMB) has announced its unaudited financial results for the half-year ended June 30, 2026, reporting a 99% year-on-year increase in profit before tax to ₦157.3 billion from ₦79.1 billion in the corresponding period of 2025, extending the strong earnings momentum recorded in the 2025 financial year. Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You. Open in WhatsApp Highlights of the six-month results released on the Nigerian Exchange Limited (NGX) showed year-on-year growth in profit before tax across all four divisions of the Group: Consumer Finance (92%), Banking Group (80%), Investment Banking (76%), and Investment Management (50%).

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