FCMB Group Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,810,180	1,298,921	795,387	579,168	247,486	362,700
Investment Securities	2,172,001	2,037,783	1,194,942	798,539	570,939	391,833
Trading Asset Securities	233,353	443,998	609,222	168,031	115,219	29,064
Total Investments	2,405,354	2,481,781	1,804,165	966,570	686,158	420,897
Gross Loans	2,380,700	2,476,179	2,485,865	1,930,119	1,247,795	1,114,562
Allowance for Loan Losses	-123,273	-109,784	-127,775	-88,063	-51,113	-49,568
Other Adjustments to Gross Loans	-	-708.56	-786.56	-539.65	-1,056	-1,404
Net Loans	2,257,428	2,365,686	2,357,303	1,841,516	1,195,627	1,063,589
Property, Plant & Equipment	62,612	63,360	55,994	54,133	50,968	47,085
Goodwill	19,291	19,291	19,291	19,291	19,291	11,339
Other Intangible Assets	22,365	20,974	17,051	11,974	10,347	5,817
Other Receivables	-	-	50,861	-	9,597	-2,332
Restricted Cash	-	-	-	-	161,964	86,085
Other Current Assets	38,685	41,770	214,892	82,883	42,496	88,164
Long-Term Deferred Tax Assets	8,851	9,350	8,191	8,004	8,424	9,164
Other Long-Term Assets	1,339,240	1,329,856	1,731,030	860,357	550,697	400,691
Total Assets	7,964,006	7,630,989	7,054,166	4,423,895	2,983,053	2,493,198
Accounts Payable	70,510	28,684	17,629	25,260	23,670	22,267
Accrued Expenses	63,235	48,645	30,698	22,804	8,600	4,361
Interest Bearing Deposits	3,471,438	3,857,211	3,703,484	2,197,418	1,354,480	1,044,102
Non-Interest Bearing Deposits	2,001,369	1,571,666	1,427,895	1,166,031	714,794	671,058
Total Deposits	5,472,807	5,428,877	5,131,379	3,363,449	2,069,274	1,715,161
Short-Term Borrowings	208.33	608.64	2,608	998.33	27,166	17,264
Current Portion of Long-Term Debt	580.06	285,990	101,160	30,842	105,024	21,715
Current Portion of Leases	-	1,065	909.26	404.08	611.25	-
Current Income Taxes Payable	40,308	36,961	38,228	11,296	7,180	5,449
Other Current Liabilities	183,248	410,837	342,507	186,726	153,453	165,218
Long-Term Debt	967,914	519,356	662,581	296,208	291,812	278,092
Long-Term Leases	2,604	1,699	2,064	1,381	1,814	2,616
Long-Term Unearned Revenue	1,668	2,650	1,465	1,215	2,537	649.73
Long-Term Deferred Tax Liabilities	1,387	1,612	4,742	2,355	391.9	308.73
Other Long-Term Liabilities	17,670	27,594	29,213	18,328	15,639	16,291
Total Liabilities	6,822,139	6,794,577	6,365,185	3,961,268	2,707,173	2,249,392
Common Stock	32,977	21,386	19,803	9,901	9,901	9,901
Additional Paid-In Capital	526,052	314,260	293,117	162,078	115,392	115,392
Retained Earnings	480,589	404,234	256,469	200,646	115,429	88,489
Comprehensive Income & Other	99,462	95,550	118,781	88,327	34,178	29,442
Total Common Equity	1,139,081	835,430	688,170	460,953	274,901	243,225
Minority Interest	2,786	981.15	810.63	1,674	978.42	581.06
Shareholders' Equity	1,141,867	836,411	688,981	462,627	275,880	243,806
Total Liabilities & Equity	7,964,006	7,630,989	7,054,166	4,423,895	2,983,053	2,493,198
Total Debt	971,306	808,718	769,323	329,834	426,427	319,688
Net Cash (Debt)	1,072,227	934,200	635,286	417,364	-63,723	72,077
Net Cash Growth	6.22%	47.05%	52.21%	-	-	-
Net Cash Per Share	21.72	22.01	22.99	20.53	-3.22	3.64
Filing Date Shares Outstanding	65,950	42,772	39,605	19,803	19,803	19,803
Total Common Shares Outstanding	65,950	42,772	39,605	19,803	19,803	19,803
Book Value Per Share	17.27	19.53	17.38	23.28	13.88	12.28
Tangible Book Value	1,097,425	795,166	651,828	429,688	245,264	226,069
Tangible Book Value Per Share	16.64	18.59	16.46	21.70	12.39	11.42