🇳🇬NigeriaWest Africa
FCMB Group shareholders approve N23.08bn dividend for 2025 financial year
via Punch Nigeria3 min read
Shareholders of FCMB Group Plc have approved a total dividend payout of N23.08bn for the 2025 financial year, following strong profit growth and improved earnings across the group’s businesses. This approval occurred at the company’s 13th Annual General Meeting in Lagos, where all board resolutions were endorsed, including the re-election of Mr. Ladi Jadesimi and the ratification of Mrs. Adepeju Adebajo as directors. FCMB Group reported a profit before tax of N202.1bn for the year ended December 31, 2025, an 81 percent increase from the previous year. Profit after tax rose by 142 percent to N177.3bn, and gross revenue increased by 42.5 percent to N1.13tn. Return on equity improved to 23.2 percent. The Banking Group's profit before tax rose by 110 percent, while Consumer Finance, Investment Banking, and Investment Management also saw significant growth. Mr. Ladi Jadesimi, Chairman of FCMB Group, stated that the results reflect the resilience of the group’s diversified business model. Group Chief Executive, Ladi Balogun, attributed the performance to effective synergy across the business segments and highlighted the completion of the group’s recapitalisation program. Shareholders, including Mrs. Bisi Bakare of the Pragmatic Shareholders Association of Nigeria and Mr. Boniface Okezie of the Progressive Shareholders Association of Nigeria, commended the company’s performance and commitment to shareholder value. Mr. Boniface Okezie noted that FCMB provided N537.5bn in financing to
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