FCMB Group Plc sustained its strong earnings momentum in the first half of 2026, reporting a 99 per cent year-on-year surge in profit before tax to ₦157.3 billion, driven by robust performance across its banking and non-banking businesses, improved asset quality and continued balance sheet expansion.
The unaudited results for the six months ended June 30, 2026, released on the Nigerian Exchange Limited (NGX), showed that profit before tax nearly doubled from ₦79.1 billion recorded in the corresponding period of 2025.
The financial services group recorded profit growth across all its business divisions, with Consumer Finance posting a 92 per cent increase, Banking Group 80 per cent, Investment Banking 76 per cent and Investment Management 50 per cent.
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Gross earnings rose by 27.8 per cent to ₦676.2 billion from ₦529.2 billion a year earlier, supported by a 31 per cent increase in interest income and a 22 per cent
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