FCMB Reports ₦32.2 Billion Q1 Profit As Net Interest Income And Fee Growth Boost Performance
3 Articles
3 Articles
FCMB Q1 profit hits N32bn as lending income cushions absence of one-off boost – Businessamlive
Onome Amuge FCMB Group Plc has reported an increase in profit after tax to N32.2 billion for the first quarter of 2025, an 11.8 per cent increase from the N28.8 billion recorded in the corresponding period last year. The results, detailed in the bank’s unaudited financial statement, underscore solid growth in interest income and improved efficiency in fee-based activities, which helped to mitigate the impact of the non-recurrence of one-off gain…
FCMB Reports ₦32.2 Billion Q1 Profit As Net Interest Income And Fee Growth Boost Performance
FCMB Group Plc grew profit after tax to ₦32.2 billion in the first quarter (Q1) of 2025, up from ₦28.8 billion recorded in Q1 2024, according to the bank’s unaudited financial statement obtained by Investors King. The result reflects solid growth in interest income, improved efficiency in fee-based activities and reduced credit impairment charges. Gross […] The post FCMB Reports ₦32.2 Billion Q1 Profit as Net Interest Income and Fee Growth Boost…
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