FCMB Climbs by 17%, Board Drops Hint on Final Dividend
Diversified financial services company FCMB Group Plc gained about 17% on the Nigerian stock market as investors’ sentiment improved amid the approval of final dividend payments.
In its unaudited financial statements for 2025, FCMB’s earnings per share rose by about 61% year-on-year to 3.96 kobo, as a capital raise boosted shares outstanding.
The group’s net income climbed to N176.908 billion in 2025, from N73.337 billion in 2024, reflecting a 141% year-on-year increase in the bottom line.
Data from the Nigerian Exchange (NGX) showed that FCMB’s share price hit its weekly high of N13.90 as investors’ sentiment improved on the dividend notice. The stock recorded significant trading activity last week, with volume ranging from 11.746 million to 46.39 million.
The share price surge reflects the positive sentiment investors feel about post-earnings release actions. FCMB Group’s 42.771 billion shares outstanding increased to N594.526 billion, a slight discount to its 52-week high.
At the meeting held on Friday, February 27, 2026, the Board approved the Group’s Audited Financial Statements for the year ended December 31, 2025, as well as the payment of dividends.
In its regulatory disclosure, the financial services company highlighted that dividend payments to shareholders are subject to approval by the Central Bank of Nigeria (CBN).
The group hinted that details of the results and dividend payments, as well as the related corporate actions, shall be made to the Exchange upon obtaining CBN approval.
FCMB closed period, which commenced on January 1, 2026, will subsist until twenty-four (24) hours after the Audited Financial Statements have been released to the public. First Holdco Rises by 12%, Reaches N2.4trn
