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VI
H1 2026: FCMB Group Sustains Performance, Reports 99% PBT Growth
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THISDAYLIVE
Commenting on the results, Group Chief Executive of FCMB Group, Ladi Balogun, said:“Our first-half performance demonstrates the strength of our recapitalised and diversified business model.
We remain firmly on track to deliver a Return on Equity (RoE) of over 25% for the 2026 financial year.”
Total assets increased by 9.5% to N8.36 trillion at June 2026, as the Group continued to prioritise balance-sheet efficiency and optimisation.
FCMB Group’s Assets Under Management grew by 14.3% to N1.95 trillion at June 2026, supported by continued market-share gains at FCMB Pensions and FCMB Asset Management.
The Group’s non-banking businesses collectively contributed 26% of Group profit before tax, with profits increasing by 185% year-on-year to N40.7 billion, reinforcing the diversification of the Group’s earnings beyond banking.