July 8 (THEWILL) — Shareholders of FCMB Group Plc have approved a total dividend payout of ₦23.08 billion for the 2025 financial year, following the company’s strong earnings performance and sustained growth across its business segments.
The approval was granted at the group’s 13th Annual General Meeting (AGM) held in Lagos on June 30, 2026, where shareholders also endorsed all board resolutions, including the re-election of Mr. Ladi Jadesimi and the ratification of Mrs. Adepeju Adebajo as directors.
Shareholders also elected members of the Audit Committee and authorised the directors to determine the remuneration of the company’s external auditors.
The approvals followed a year of robust financial performance despite a challenging operating environment. FCMB Group reported a profit before tax of ₦202.1 billion for the year ended December 31, 2025, representing an increase of 81 percent from ₦111.9 billion recorded a year earlier.
Profit after tax rose by 142 percent to ₦177.3 billion, while gross revenue increased by 42.5 percent to ₦1.13 trillion. Return on equity improved to 23.2 percent.
The group also recorded double-digit profit growth across its major business divisions. Profit before tax grew by 110 per cent in the Banking Group, while Consumer Finance, Investment Banking and Investment Management recorded growth of 107 percent, 90 percent and 29 percent, respectively.
The company said the momentum continued into 2026, with all business segments posting strong first-quarter growth.
Chairman, Mr. Ladi Jadesimi, said the results demonstrate the resilience of FCMB Group’s diversified business model and reaffirm its commitment to balancing shareholder returns with long-term growth.
Group Chief Executive, Mr. Ladi Balogun, described 2025 as a transformative year, attributing the performance to stronger collaboration across the group’s businesses.
He added that the successful completion of the group’s recapitalisation programme has positioned FCMB for its next phase of growth.
Shareholder representatives commended the board and management for the company’s performance, while noting improvements in asset quality, SME financing, and long-term value creation.
FCMB reported total assets of ₦7.63 trillion, while consumer and SME lending rose to ₦930 billion. Assets under management also increased by 24.2 percent to ₦1.70 trillion.
The approved dividend was paid on July 30, 2026, to shareholders on the register as of June 15, 2026.
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
