FCMB Posts N157.3bn Profit In H1
FCMB Group Plc reported a 99% increase in profit before tax for the first half of 2026, reaching N157.3 billion. The growth was driven by strong performance across all business divisions, including banking and consumer finance.
Why it matters
The strong financial results reflect the resilience and growth of the Nigerian banking sector despite broader economic challenges.
FCMB Group Plc has posted a profit before tax (PBT) of N157.3 billion for the half-year ended June 30, 2026, representing a 99 per cent increase from N79.1 billion recorded in the corresponding period of 2025.
The unaudited financial results released on the Nigerian Exchange Limited (NGX) underscore the Group’s sustained earnings momentum following its strong performance in the 2025 financial year, with all four business divisions delivering significant profit growth.
Consumer Finance recorded a 92 per cent increase in profit before tax, while the Banking Group grew by 80 per cent. Investment Banking posted a 76 per cent increase, and Investment Management rose by 50 per cent.
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