Shareholders of FCMB Group Plc have endorsed a total dividend distribution of ₦23.08 billion for the 2025 financial year during the company’s 13th Annual General Meeting (AGM), which took place in Lagos last week.
At the meeting, shareholders participating physically and virtually approved all resolutions presented by the Board. These included the re-election of Mr. Ladi Jadesimi, the confirmation of Mrs. Adepeju Adebajo as a Director, the election of members of the Audit Committee, and the authorisation for Directors to determine the remuneration of the external auditors.
The approvals came after the financial services group posted impressive earnings across its various business segments despite operating in a challenging economic environment.
For the financial year ended December 31, 2025, FCMB Group recorded a profit before tax of ₦202.1 billion, representing an 81 per cent increase from ₦111.9 billion reported in the previous year. Profit after tax surged by 142 per cent to ₦177.3 billion, while gross revenue climbed by 42.5 per cent to ₦1.13 trillion. The group also achieved a return on equity of 23.2 per cent.
Its major business divisions all delivered double-digit profit growth during the period under review. The Banking Group posted a 110 per cent rise in profit before tax, while Consumer Finance recorded a 107 per cent increase. Investment Banking grew by 90 per cent, and Investment Management expanded by 29 per cent. According to the company, the strong performance has continued into 2026, with all business units delivering robust growth in the first quarter.
Chairman of FCMB Group, Mr. Ladi Jadesimi, said the financial results underscore the strength and resilience of the group’s diversified operating 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 stated.
Group Chief Executive, Mr. Ladi Balogun, described the 2025 financial year as a defining period for the organisation, emphasising the importance of collaboration across the group’s different 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.
He further noted, “Our focus remains firmly on deepening our digital transformation, strengthening our culture of excellence, and amplifying the collective power of our ecosystem.”
Representatives of shareholder associations applauded the Board and management for the company’s financial performance and the dividend declared for the year.
National Coordinator of the Pragmatic Shareholders Association of Nigeria, Mrs. Bisi Bakare, said the dividend payment demonstrates management’s determination to reward investors despite prevailing economic headwinds.
Also speaking, the National Chairman of the Progressive Shareholders Association of Nigeria, Mr. Boniface Okezie, commended FCMB Group for its continued commitment to supporting small businesses and women entrepreneurs. He disclosed that the group disbursed ₦537.5 billion in financing to small and medium-scale enterprises during 2025, including ₦51 billion specifically targeted at women-owned businesses.
