FCMB Group has announced a record-breaking financial performance, with its net profit after tax surging by 147.7% to N177.3 billion for the year ended December 31, 2025. This marks the highest profit level achieved by the financial services group.

The substantial profit growth was primarily fueled by a remarkable improvement in interest income, which is the bank's main revenue stream. Gross earnings for the period also saw a significant increase, rising by 42.5% to N1.1 trillion.

Net interest income, a key profitability metric, expanded by an impressive 124.5% to N505.9 billion. This reflects the difference between the interest earned on assets and the interest paid on liabilities.

Further bolstering the group's revenue, net fee and commission income increased by 30.4% to N76.7 billion. This growth was attributed to higher service fees, commissions, and account maintenance charges.

FCMB Group allocated N81.7 billion to cover impaired assets, a notable increase from the N41.2 billion set aside in the previous year. Profit before minimum tax and income tax advanced by 80.6% to N200.9 billion, up from N112.1 billion.

The total assets of the group stood at N7.6 trillion as of December 31, 2025, an increase from N7.1 trillion recorded previously, driven by a sharp rise in investment securities.

In line with its performance, the board of directors has proposed a cash dividend of N0.35 per share, which amounts to a potential payout of N23.1 billion. This compares to the dividend per share of N0.55 paid for the 2024 financial year.

FCMB Group's operations span asset management, pensions, trusteeship, and microfinance, in addition to its core commercial banking business.

The group also released its first quarter earnings, showing a profit after tax surge to N76.5 billion from N32.2 billion. Gross earnings for the first quarter increased by 26.7% to N320.2 billion.

Following the release of the strong annual results, shares in FCMB Group saw a jump of 7.6% on the Nigerian Exchange.