FCMB Group Plc (NGX:FCMB)

FCMB Group Income Statement

Financials in millions NGN. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	910,122	621,804	354,993	219,552	162,042	151,023
Interest Paid on Deposits	507,793	396,504	178,397	97,554	71,128	60,266
Net Interest Income	402,329	225,300	176,596	121,997	90,914	90,758
Net Interest Income Growth (YoY)	74.98%	27.58%	44.75%	34.19%	0.17%	19.45%
Income From Trading Activities	41,199	53,793	9,106	12,866	9,367	7,118
Gain (Loss) on Sale of Assets	2,434	2,410	39.4	-10.62	514.56	-993.6
Gain (Loss) on Sale of Investments	-328.04	-328.04	-	-	-	-
Other Non-Interest Income	60,341	99,910	131,742	40,518	36,809	31,684
Total Non-Interest Income	103,645	155,785	140,888	53,372	46,691	37,808
Non-Interest Income Growth (YoY)	-38.79%	10.57%	163.97%	14.31%	23.49%	8.64%
Revenues Before Loan Losses	505,974	381,085	317,484	175,370	137,605	128,566
Provision for Loan Losses	53,930	41,240	59,510	24,966	15,238	21,240
Revenue	452,044	339,844	257,974	150,404	122,367	107,326
Revenue Growth (YoY)	28.31%	31.74%	71.52%	22.91%	14.01%	10.61%
Salaries and Employee Benefits	94,634	79,302	49,577	35,615	31,263	29,519
Occupancy Expenses	16,268	13,877	11,174	9,672	8,028	7,574
Selling, General & Administrative	120,688	87,547	63,733	44,757	35,657	30,475
Other Non-Interest Expense	63,934	43,697	29,269	22,784	20,283	15,999
Total Non-Interest Expense	295,453	224,646	153,753	112,828	95,135	83,568
EBT Excluding Unusual Items	156,591	115,198	104,221	37,575	27,231	23,758
Legal Settlements	-3,100	-3,410	-2,525	-915	-864.41	-719.41
Other Unusual Items	1,069	106.91	2,736	-90.17	-3,650	-1,127
Pretax Income	154,561	111,895	104,431	36,570	22,717	21,912
Income Tax Expense	38,168	38,558	11,414	5,441	1,800	2,301
Earnings From Continuing Operations	116,393	73,337	93,018	31,129	20,917	19,610
Minority Interest in Earnings	-257.61	-203.16	-388.3	-227.94	-208.15	-190.79
Net Income	116,135	73,134	92,629	30,901	20,709	19,420
Net Income to Common	116,135	73,134	92,629	30,901	20,709	19,420
Net Income Growth	-7.80%	-21.05%	199.76%	49.22%	6.64%	12.51%
Basic Shares Outstanding	43,982	26,756	20,331	19,803	19,803	19,803
Diluted Shares Outstanding	43,982	26,756	20,331	19,803	19,803	19,803
Shares Change (YoY)	116.33%	31.60%	2.67%	-	-	-
EPS (Basic)	2.64	2.73	4.56	1.56	1.05	0.98
EPS (Diluted)	2.64	2.73	4.56	1.56	1.05	0.98
EPS Growth	-57.38%	-40.01%	191.98%	49.22%	6.64%	12.72%
Dividend Per Share	0.550	0.550	0.500	0.250	0.200	0.150
Dividend Growth	10.00%	10.00%	100.00%	25.00%	33.33%	7.14%
Effective Tax Rate	24.69%	34.46%	10.93%	14.88%	7.92%	10.50%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.