FCMB Group Plc reported a 46 per cent year-on-year growth in profit before tax to N134.5 billion in its nine-months ended September 30, 2025.
The company’s audited results released on the Nigerian Exchange showed that gross revenue grew by 40.9 per cent to N828.1 billion for the period ended September 2025 from N587.7 billion for the same period prior year, driven by a 64.7 per cent growth in interest income.
Net interest income grew by 101.9 per cent from N173.8 billion in the prior year, to N350.8 billion at the end of September 2025, while operating expenses rose by 41.3 per cent year-on-year to N238.9 billion for the period ended September 2025, with over 70 per cent of the cost growth due to increased personnel costs, regulatory costs (AMCON & NDIC), technology costs, and investments in business expansion.
Overall, profit before tax and profit after tax grew by 46 per cent and 52 per cent year-on-year to N134.5 billion and N125.4 billion respectively leading to a strong uplift in RoAE from 12.7 per cent to 22.4 per cent, while earnings per share moved from N2.46 to N3.91 from full year 2024 to nine months 2025.
