Shareholders of FCMB Group Plc have approved a total dividend payout of N23.08 billion for the 2025 financial year after the company posted a profit before tax of N202.1 billion, an 81 per cent increase over the previous year.

The approval was given at the company’s 13th Annual General Meeting (AGM) held in Lagos, where shareholders, both in person and virtually, also endorsed all resolutions presented by the Board.

The approved resolutions included the re-election of Ladi Jadesimi and the ratification of Adepeju Adebajo as directors, the election of Audit Committee members and the authorisation of the directors to fix the remuneration of the external auditors.

FCMB Group reported a profit before tax of N202.1 billion for the year ended December 31, 2025, representing an 81 per cent increase from N111.9 billion recorded in the previous year. Profit after tax rose by 142 per cent to N177.3 billion, while gross revenue increased by 42.5 per cent to N1.13 trillion. Return on equity also improved to 23.2 per cent.

Total assets grew by 8.2 per cent to N7.63 trillion during the year. Consumer and SME lending increased by 24 per cent to N930 billion, while assets under management rose by 24.2 per cent to N1.70 trillion, reflecting the group’s diversified earnings base and long-term growth strategy.

The group also recorded double-digit profit growth across its business divisions. Profit before tax rose by 110 per cent in the Banking Group, while Consumer Finance, Investment Banking and Investment Management recorded growth of 107 per cent, 90 per cent and 29 per cent respectively.

According to the company, the strong performance continued into 2026, with all business segments delivering solid first-quarter growth.

Chairman of FCMB Group, Ladi Jadesimi, said the results demonstrated the resilience of the group’s diversified business model.

He said: “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.”

Group Chief Executive, Ladi Balogun, described 2025 as a transformative year for the company, saying collaboration across its businesses was a major driver of its performance.

Balogun also said the completion of the group’s recapitalisation programme has positioned the organisation for its next phase of long-term growth.