FCMB Group Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,301,224	795,387	579,168	247,486	362,700
Investment Securities	2,058,219	1,194,942	798,539	570,939	391,833
Trading Asset Securities	414,759	609,222	168,031	115,219	29,064
Total Investments	2,472,977	1,804,165	966,570	686,158	420,897
Gross Loans	2,407,674	2,485,859	1,930,119	1,247,795	1,114,562
Allowance for Loan Losses	-116,520	-127,769	-88,063	-51,113	-49,568
Other Adjustments to Gross Loans	-809.64	-786.56	-539.65	-1,056	-1,404
Net Loans	2,290,345	2,357,303	1,841,516	1,195,627	1,063,589
Property, Plant & Equipment	63,034	55,994	54,133	50,968	47,085
Goodwill	19,291	19,291	19,291	19,291	11,339
Other Intangible Assets	21,406	17,051	11,974	10,347	5,817
Other Receivables	-	55,559	-	9,597	-2,332
Restricted Cash	-	-	-	161,964	86,085
Other Current Assets	27,374	98,640	82,883	42,496	88,164
Long-Term Deferred Tax Assets	8,188	8,191	8,004	8,424	9,164
Other Long-Term Assets	1,339,493	1,842,584	860,357	550,697	400,691
Total Assets	7,543,332	7,054,166	4,423,895	2,983,053	2,493,198
Accounts Payable	47,457	17,629	25,260	23,670	22,267
Accrued Expenses	30,867	30,698	22,804	8,600	4,361
Interest Bearing Deposits	3,796,756	3,703,484	2,197,418	1,354,480	1,044,102
Non-Interest Bearing Deposits	1,571,666	1,427,895	1,166,031	714,794	671,058
Total Deposits	5,368,422	5,131,379	3,363,449	2,069,274	1,715,161
Short-Term Borrowings	77,989	2,608	998.33	27,166	17,264
Current Portion of Long-Term Debt	580.06	211,787	106,738	105,024	21,715
Current Portion of Leases	-	909.26	404.08	611.25	-
Current Income Taxes Payable	30,326	38,228	11,296	7,180	5,449
Other Current Liabilities	460,062	342,507	186,726	153,453	165,218
Long-Term Debt	675,952	551,954	220,312	291,812	278,092
Long-Term Leases	2,763	2,064	1,381	1,814	2,616
Long-Term Unearned Revenue	2,650	1,465	1,215	2,537	649.73
Long-Term Deferred Tax Liabilities	5,081	4,742	2,355	391.9	308.73
Other Long-Term Liabilities	17,765	29,213	18,328	15,639	16,291
Total Liabilities	6,719,914	6,365,185	3,961,268	2,707,173	2,249,392
Common Stock	21,386	19,803	9,901	9,901	9,901
Additional Paid-In Capital	314,260	293,117	162,078	115,392	115,392
Retained Earnings	403,861	256,469	200,646	115,429	88,489
Comprehensive Income & Other	82,921	118,781	88,327	34,178	29,442
Total Common Equity	822,428	688,170	460,953	274,901	243,225
Minority Interest	989.75	810.63	1,674	978.42	581.06
Shareholders' Equity	823,418	688,981	462,627	275,880	243,806
Total Liabilities & Equity	7,543,332	7,054,166	4,423,895	2,983,053	2,493,198
Total Debt	757,284	769,323	329,834	426,427	319,688
Net Cash (Debt)	958,699	635,286	417,364	-63,723	72,077
Net Cash Growth	50.91%	52.21%	-	-	-
Net Cash Per Share	22.41	23.74	20.53	-3.22	3.64
Filing Date Shares Outstanding	42,800	39,605	19,803	19,803	19,803
Total Common Shares Outstanding	42,800	39,605	19,803	19,803	19,803
Book Value Per Share	19.22	17.38	23.28	13.88	12.28
Tangible Book Value	781,732	651,828	429,688	245,264	226,069
Tangible Book Value Per Share	18.26	16.46	21.70	12.39	11.42

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