By David Akinmola
First City Monument Bank (FCMB) Group Plc has posted a profit after tax of ₦134.5 billion for the nine-month period ended September 2025, reflecting a strong performance driven by rising earnings, improved customer activity and sustained growth across its business segments.
In its unaudited financial statement released to the Nigerian Exchange, the Group said gross earnings rose significantly during the period, supported by higher net interest income, strong trading gains and increased contributions from its subsidiaries in pensions, investment management and fintech services.
FCMB said the performance underscores the resilience of its business model at a time of continued macroeconomic pressures, including high inflation and elevated interest rates.
The Group attributed the earnings growth to improved risk asset creation, enhanced digital penetration and a stronger balance sheet, which helped deepen customer engagement across retail and corporate segments.
It added that its investment banking and asset management arms also delivered stronger returns, benefiting from increased transaction volumes and growing investor demand for structured products.
Commenting on the results, the Group noted that ongoing investment in technology and cost optimisation initiatives contributed to improved operational efficiency, while stronger capital buffers positioned the institution for further growth.
Analysts say FCMB’s performance places the lender among the more resilient Nigerian financial institutions navigating a volatile economic environment.
They note that the bank’s diversified income streams continue to provide a hedge against market swings, helping it retain profitability and strengthen shareholder value.
FCMB said it remains committed to deepening financial inclusion, expanding its digital ecosystem and supporting key sectors of the economy through targeted lending and partnerships.
The Group added that it expects the momentum to continue into the final quarter of the year as it accelerates initiatives aimed at strengthening liquidity, expanding market share and delivering long-term returns to shareholders.
