Shareholders of FCMB Group Plc have unanimously approved the payment of a total dividend of N23.08 billion for the financial year ended December 31, 2025. The approval was granted during the company's 11th Annual General Meeting (AGM) held in Lagos on Wednesday, July 8, 2026.
The dividend, which translates to 50 kobo per share, represents a significant increase from the N16.15 billion (35 kobo per share) paid in the previous financial year, marking a 42.9% rise in payout. According to the company's audited financial results, the group recorded a profit after tax of N102.5 billion for the 2025 fiscal year, up from N85.3 billion in 2024.
Shareholder Appreciation and Management Address
Speaking at the AGM, the Chairman of FCMB Group, Mr. Oladipupo Jadesimi, expressed gratitude to shareholders for their continued support and confidence in the board and management. He stated, "Our performance in 2025 reflects the resilience of our business model and the dedication of our team. We remain committed to delivering sustainable value to our shareholders while contributing to the growth of the Nigerian economy."
The Group Managing Director, Mrs. Yemisi Edun, highlighted the bank's strategic focus on digital transformation and customer-centric innovation as key drivers of the improved earnings. She noted that the group's gross earnings rose to N450.8 billion in 2025, compared to N380.2 billion in the prior year, driven by growth in both interest and non-interest income.
Financial Highlights and Future Outlook
Key financial metrics for the 2025 financial year included a 20.5% increase in gross earnings, a 19.8% rise in profit before tax to N120.4 billion, and a 16.9% growth in total assets to N3.8 trillion. The group's non-performing loan ratio improved to 2.8% from 3.1% in 2024, reflecting enhanced asset quality.
Shareholders, through their various representatives, commended the board and management for the improved performance and dividend payout. Mr. Timothy Adesiyan, a shareholder, said, "We are pleased with the dividend increase and the overall growth trajectory of the group. We look forward to even better returns in the coming years."
Looking ahead, Mrs. Edun outlined the group's strategy for 2026, which includes expanding its digital banking platforms, deepening financial inclusion, and exploring new growth opportunities in adjacent markets. She assured shareholders that the company remains well-positioned to navigate the macroeconomic challenges and deliver sustained profitability.
The dividend payment is scheduled to be made on July 22, 2026, to shareholders whose names appear on the register of members as of the close of business on July 10, 2026.
