FCMB Approves ₦23.08bn Dividend for 2025 Year

Shareholders of FCMB Group Plc have approved a total dividend payment of ₦23.08 billion for the 2025 financial year during the company’s 13th Annual General Meeting (AGM) held in Lagos.

The meeting, attended both physically and virtually, also saw shareholders endorse all Board resolutions, including the re-election of Mr Ladi Jadesimi and the confirmation of Mrs Adepeju Adebajo as Directors. Members also approved the election of Audit Committee representatives and authorised the Board to determine auditors’ remuneration.

The approval followed a strong financial performance in 2025, despite a challenging economic environment. The group recorded a profit before tax of ₦202.1 billion, representing an 81 per cent increase from ₦111.9 billion in the previous year. Profit after tax rose by 142 per cent to ₦177.3 billion, while gross revenue climbed 42.5 per cent to ₦1.13 trillion. Return on equity improved to 23.2 per cent.

Across its business segments, FCMB Group posted strong double-digit growth. The Banking Group’s profit before tax rose 110 per cent, while Consumer Finance, Investment Banking and Investment Management recorded growth of 107 per cent, 90 per cent and 29 per cent respectively. The positive momentum continued into 2026, with all divisions reporting strong first-quarter performance.

Chairman Mr Ladi Jadesimi said the results reflect the strength of the group’s diversified structure and its ability to balance shareholder returns with long-term growth.

“Our focus remains on balancing immediate shareholder returns with the need to retain sufficient capital to support long-term expansion, strengthen competitiveness and optimise value creation for all stakeholders,” he said.

Group Chief Executive Mr Ladi Balogun described 2025 as a transformative year, crediting strong collaboration across the group’s divisions.

He said: “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.”

He added that the company will continue to prioritise digital transformation, organisational culture and ecosystem growth.

Shareholders praised the Board for the dividend payout and overall performance. Mrs Bisi Bakare, National Coordinator of the Pragmatic Shareholders Association of Nigeria, said the results reflect management’s commitment to shareholder value.

Mr Boniface Okezie, National Chairman of the Progressive Shareholders Association of Nigeria, also commended FCMB’s support for small businesses, noting that the group financed ₦537.5 billion in SMEs in 2025, including ₦51 billion for women-owned enterprises.

Do you think strong dividend payouts like this will attract more investors into the Nigerian banking sector?