FCMB Group Income Statement

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	Jun '26 Jun 30, 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
Interest Income on Loans	1,147,434	1,005,329	621,804	354,993	219,552	162,042
Interest Paid on Deposits	492,589	499,422	396,504	178,397	97,554	71,128
Net Interest Income	654,846	505,907	225,300	176,596	121,997	90,914
Net Interest Income Growth	100.55%	124.55%	27.58%	44.75%	34.19%	0.17%
Income From Trading Activities	23,205	37,792	53,793	9,106	12,866	9,367
Gain (Loss) on Sale of Assets	881.6	885.25	2,410	39.4	-10.62	514.56
Gain (Loss) on Sale of Investments	-	-	-328.04	-	-	-
Other Non-Interest Income	79,324	67,248	99,910	131,742	40,518	36,809
Total Non-Interest Income	103,411	105,925	155,785	140,888	53,372	46,691
Non-Interest Income Growth	-15.88%	-32.01%	10.57%	163.97%	14.31%	23.49%
Revenues Before Loan Losses	758,256	611,832	381,085	317,484	175,370	137,605
Provision for Loan Losses	131,417	81,707	41,240	59,510	24,966	15,238
Revenue	626,839	530,125	339,844	257,974	150,404	122,367
Revenue Growth	55.42%	55.99%	31.74%	71.52%	22.91%	14.01%
Salaries and Employee Benefits	115,622	107,182	79,302	49,577	35,615	31,263
Occupancy Expenses	19,193	17,317	13,877	11,174	9,672	8,028
Selling, General & Administrative	144,057	135,343	87,547	63,733	44,757	35,657
Other Non-Interest Expense	68,029	67,924	43,697	29,269	22,784	20,283
Total Non-Interest Expense	345,352	326,578	224,646	153,753	112,828	95,135
EBT Excluding Unusual Items	281,487	203,547	115,198	104,221	37,575	27,231
Legal Settlements	-475	-700	-3,410	-2,525	-915	-864.41
Other Unusual Items	-734.89	-746.95	106.91	2,736	-90.17	-3,650
Pretax Income	280,277	202,100	111,895	104,431	36,570	22,717
Income Tax Expense	36,568	24,829	38,558	11,414	5,441	1,800
Earnings From Continuing Operations	243,709	177,271	73,337	93,018	31,129	20,917
Minority Interest in Earnings	-516.76	-256.42	-203.16	-388.3	-227.94	-208.15
Net Income	243,192	177,015	73,134	92,629	30,901	20,709
Preferred Dividends & Other Adjustments	7,466	7,466	7,410	1,641	-	-
Net Income to Common	235,726	169,548	65,725	90,988	30,901	20,709
Net Income Growth	195.97%	157.97%	-27.77%	194.45%	49.22%	6.64%
Basic Shares Outstanding	55,625	42,450	27,639	20,331	19,803	19,803
Diluted Shares Outstanding	55,625	42,450	27,639	20,331	19,803	19,803
Shares Change	48.18%	53.59%	35.95%	2.67%	-	-
EPS (Basic)	4.24	3.99	2.38	4.48	1.56	1.05
EPS (Diluted)	4.23	3.99	2.38	4.48	1.56	1.05
EPS Growth	99.60%	67.79%	-46.87%	186.80%	49.22%	6.64%
Dividend Per Share	0.350	0.350	0.550	0.500	0.250	0.200
Dividend Growth	-36.36%	-36.36%	10.00%	100.00%	25.00%	33.33%
Effective Tax Rate	13.05%	12.29%	34.46%	10.93%	14.88%	7.92%