FCMB Group Plc (NGX: FCMB)

FCMB Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	717,821	579,168	247,486	362,700	221,079	223,546
Investment Securities	1,096,712	798,539	570,939	391,833	406,666	239,936
Trading Asset Securities	219,516	168,031	115,219	29,064	11,186	62,753
Total Investments	1,316,228	966,570	686,158	420,897	417,852	302,689
Gross Loans	2,544,485	1,930,119	1,247,795	1,114,562	872,071	760,887
Allowance for Loan Losses	-115,050	-88,063	-51,113	-49,568	-46,511	-38,510
Other Adjustments to Gross Loans	-	-539.65	-1,056	-1,404	-2,788	-6,496
Net Loans	2,429,435	1,841,516	1,195,627	1,063,589	822,773	715,881
Property, Plant & Equipment	54,250	54,133	50,968	47,085	46,202	43,697
Goodwill	19,291	19,291	19,291	11,339	11,339	11,339
Other Intangible Assets	13,880	11,974	10,347	5,817	4,983	4,286
Other Receivables	-	-	9,597	-2,332	14,010	22,331
Restricted Cash	-	-	161,964	86,085	-	-
Other Current Assets	79,481	82,883	42,496	88,164	157,378	76,674
Long-Term Deferred Tax Assets	8,014	8,004	8,424	9,164	7,945	7,945
Other Long-Term Assets	1,309,097	860,357	550,697	400,691	354,834	260,120
Total Assets	5,947,497	4,423,895	2,983,053	2,493,198	2,058,393	1,668,506
Accounts Payable	31,573	25,260	23,670	22,267	8,605	7,630
Accrued Expenses	20,395	22,804	8,600	4,361	5,500	3,798
Interest Bearing Deposits	2,945,028	2,197,418	1,354,480	1,044,102	802,227	619,470
Non-Interest Bearing Deposits	1,375,650	1,166,031	714,794	671,058	574,269	413,677
Total Deposits	4,320,678	3,363,449	2,069,274	1,715,161	1,376,496	1,033,147
Short-Term Borrowings	277.97	998.33	27,166	17,264	85,944	7,564
Current Portion of Long-Term Debt	65,494	30,842	105,024	21,715	69,065	82,189
Current Income Taxes Payable	7,932	11,296	7,180	5,449	4,503	4,744
Other Current Liabilities	162,920	186,726	153,453	165,218	89,470	110,979
Long-Term Debt	762,265	296,208	291,812	278,092	168,479	193,932
Long-Term Leases	1,577	1,785	2,425	2,616	2,510	2,766
Long-Term Unearned Revenue	1,601	1,215	2,537	649.73	648.12	939.43
Pension & Post-Retirement Benefits	-	-	-	-	-	231.66
Long-Term Deferred Tax Liabilities	2,481	2,355	391.9	308.73	316.09	345.85
Other Long-Term Liabilities	34,370	18,328	15,639	16,291	19,738	19,574
Total Liabilities	5,411,565	3,961,268	2,707,173	2,249,392	1,831,273	1,467,839
Common Stock	9,901	9,901	9,901	9,901	9,901	9,901
Additional Paid-In Capital	162,078	162,078	115,392	115,392	115,392	115,392
Retained Earnings	250,127	200,646	115,429	88,489	70,751	54,338
Comprehensive Income & Other	113,129	88,327	34,178	29,442	30,696	20,803
Total Common Equity	535,236	460,953	274,901	243,225	226,741	200,434
Minority Interest	696.01	1,674	978.42	581.06	379.56	232.42
Shareholders' Equity	535,932	462,627	275,880	243,806	227,120	200,667
Total Liabilities & Equity	5,947,497	4,423,895	2,983,053	2,493,198	2,058,393	1,668,506
Total Debt	829,614	329,834	426,427	319,688	325,998	286,451
Net Cash (Debt)	107,722	417,364	-63,723	72,077	-93,733	-151.89
Net Cash Per Share	5.44	21.08	-3.22	3.64	-4.73	-0.01
Filing Date Shares Outstanding	19,803	19,803	19,803	19,803	19,803	19,803
Total Common Shares Outstanding	19,803	19,803	19,803	19,803	19,803	19,803
Book Value Per Share	27.03	23.28	13.88	12.28	11.45	10.12
Tangible Book Value	502,065	429,688	245,264	226,069	210,419	184,810
Tangible Book Value Per Share	25.35	21.70	12.39	11.42	10.63	9.33

Source: S&P Capital IQ. Banks template. Financial Sources.