Shareholders of FCMB Group Plc, on June 30, 2026, approved a total dividend payout of ₦23.08 billion for the 2025 financial year at the company’s 13th Annual General Meeting (AGM) held in Lagos.
Shareholders, attending both in person and online, approved all Board resolutions, including the re-election of Mr. Ladi Jadesimi and the ratification of Mrs. Adepeju Adebajo as Directors. They also elected Audit Committee members and authorised the Directors to determine the auditors’ remuneration.
The AGM followed a year of strong earnings growth across the Group’s businesses despite challenging economic conditions. FCMB Group reported a profit before tax of ₦202.1 billion for the year ended December 31, 2025, up 81% from ₦111.9 billion a year earlier. Profit after tax rose 142% to ₦177.3 billion, while gross revenue increased by 42.5% to ₦1.13 trillion. Return on equity rose to 23.2%.
The Group reported double-digit profit growth across all divisions. The Banking Group’s profit before tax increased by 110%, while Consumer Finance, Investment Banking, and Investment Management recorded growth of 107%, 90%, and 29%, respectively. This momentum continued into 2026, with all segments achieving strong first-quarter growth.
Chairman, Mr. Ladi Jadesimi, stated that these results demonstrate the resilience of the Group’s diversified business model.
“We remain steadfast in our objective of balancing immediate shareholder returns with the need to retain sufficient capital to support long-term expansion, strengthen our competitive positioning, and optimise value creation for all stakeholders,” Jadesimi said.
Group Chief Executive, Mr. Ladi Balogun, described 2025 as a transformative year, highlighting the strength of collaboration across the Group’s businesses.
“2025 was a transformative year for FCMB Group—one in which we witnessed the true impact of ‘The Power of the Group’. A core driver of our performance in 2025 was the effective synergy across our business groups—Banking Group, Consumer Finance, Investment Banking, and Investment Management—each playing a distinct yet complementary role in delivering business growth,” Balogun said. “Our focus remains firmly on deepening our digital transformation, strengthening our culture of excellence, and amplifying the collective power of our ecosystem.”
Balogun noted that the completion of the Group’s recapitalisation programme has positioned the organisation for its next phase of long-term growth.
Shareholder representatives commended the Board and management for the company’s performance and dividend payout.
Mrs. Bisi Bakare, National Coordinator of the Pragmatic Shareholders Association of Nigeria, stated that the dividend reflects management’s commitment to delivering shareholder value despite economic challenges.
Mr. Boniface Okezie, National Chairman of the Progressive Shareholders Association of Nigeria, praised the Group’s support for small businesses and women-owned enterprises. He noted that FCMB provided ₦537.5 billion in financing to SMEs in 2025, including ₦51 billion to women-owned businesses.
Shareholder Mr. Eric Akinduro highlighted the improvement in asset quality, noting that the Group’s non-performing loan ratio declined to 5% from 5.95%.
FCMB Group reported an 8.2% increase in total assets to ₦7.63 trillion. Consumer and SME lending rose by 24% to ₦930 billion, while assets under management grew by 24.2% to ₦1.70 trillion, reinforcing the Group’s diversified earnings base and long-term growth strategy.
The approved dividend was paid on July 30, 2026, to shareholders whose names appeared in the register of members at the close of business on June 15, 2026.