FCMB Group Plc has announced plans to pay a final dividend of 35 kobo per ordinary share to shareholders following a strong financial performance for the 2025 financial year.
The dividend payment, scheduled for June 30, 2026, was disclosed in a corporate actions notice signed by the Company Secretary, Mrs. Olufunmilayo Adedibu.
According to the company, the proposed dividend is subject to withholding tax and approval by shareholders at its Annual General Meeting (AGM).
FCMB stated that shareholders whose names appear in the Register of Members at the close of business on June 15, 2026, will qualify for the dividend payment.
The company added that dividends would be paid electronically to shareholders who have completed their e-dividend registration and mandated the Registrar to credit their bank accounts directly.
“The qualification date is Monday, June 15, 2026, while the Register of Members will be closed on Tuesday, June 16, 2026,” the company stated.
FCMB advised shareholders who have yet to complete the e-dividend registration process to obtain the necessary forms from CardinalStone Registrars Limited and submit them through their banks or directly to the Registrar.
The proposed dividend payout of N23.08 billion follows a strong earnings performance in 2025, with profit before tax rising by 80.61 per cent to N202.10 billion from N111.90 billion recorded in 2024.
Profit after tax also increased significantly to N177.27 billion, compared to N73.34 billion in the previous year.
Gross earnings rose by 42.46 per cent to N1.132 trillion, driven largely by growth in interest income and net interest income.
Interest income climbed by 61.68 per cent to N1.01 trillion, accounting for nearly 89 per cent of the group’s total gross earnings during the year.
FCMB said the AGM would be held virtually on June 30, 2026, from 10:00 a.m., where shareholders would consider and approve the dividend recommendation.
The banking group also urged shareholders with unclaimed dividend warrants or outstanding share certificates to regularise their records with the Registrar.
Meanwhile, FCMB sustained its growth momentum in the first quarter of 2026, posting a profit before tax of N86.99 billion, representing a 148.39 per cent increase from N35.02 billion recorded in the corresponding period of 2025.
Profit after tax rose to N76.53 billion from N32.23 billion, while gross earnings increased by 26.72 per cent to N320.22 billion.
The group attributed the strong quarterly performance to higher interest income, improved fee and commission income, and continued growth across its core business lines despite rising operating expenses and impairment charges.
