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GTCO58.40+1.24%ZENITHBANK46.10-0.43%UBA32.85+0.92%ACCESSCORP22.30-1.10%FBNH28.70+0.35%STANBIC56.25+1.62%FCMB8.95-0.55%WEMABANK11.50+2.21%DANGCEM462.00+0.65%BUACEMENT95.40-0.22%WAPCO38.25+1.86%NESTLE1180.00-0.42%DANGSUGAR36.20+0.83%FLOURMILL64.55+1.49%UNILEVER18.45-1.07%NB35.60+2.45%GUINNESS64.10+0.16%SEPLAT5800.00+1.92%GTCO58.40+1.24%ZENITHBANK46.10-0.43%UBA32.85+0.92%ACCESSCORP22.30-1.10%FBNH28.70+0.35%STANBIC56.25+1.62%FCMB8.95-0.55%WEMABANK11.50+2.21%DANGCEM462.00+0.65%BUACEMENT95.40-0.22%WAPCO38.25+1.86%NESTLE1180.00-0.42%DANGSUGAR36.20+0.83%FLOURMILL64.55+1.49%UNILEVER18.45-1.07%NB35.60+2.45%GUINNESS64.10+0.16%SEPLAT5800.00+1.92%
Company Intelligence Terminal · Financial Services · Tier-2 Banks

FCMB · FCMB Group Plc

FCMB Group Plc

FCMB
NGXEquity · Ordinary SharesFinancial ServicesTier-2 Banks
8.95NGN-0.55%
Market cap ₦177.00B · as of 17 Jun 2026, 09:14
Ask about FCMB
Current price
8.95NGN
Open
9.02
Previous close
9.00
Today's range
8.89 – 9.05
52-week high
9.90
52-week low
8.87
Deals
1,344
Volume
6.1M
Value traded
₦54.7M
Market cap
₦177.00B
YTD performance
-0.55%

Company profile

FCMB Group Plc is a leading financial & services operator in Nigeria, with operations spanning multiple states and a track record across investment cycles.

CEO
Ladi Balogun
HQ
Lagos
Founded
1982
Employees
4,600
Sector
Financial Services
Sub-sector
Tier-2 Banks
Ticker
FCMB
Website
fcmb.ng
Beta
1.10
AI-generated summary

FCMB Group Plc (FCMB) operates in Nigeria's financial & services value chain with an estimated FY2024 revenue of ₦140bn and PAT of ₦16bn. Headline ROE is 9.5% and leverage sits at 0.50x debt-to-equity, mapping to a composite risk score of 28/100 (Low).

Bull case
  • Scale leadership within its financial & services sub-sector with durable distribution moat.
  • Resilient ROE supports re-rating if rates ease in H2.
  • Attractive dividend yield versus listed peers.
Bear case
  • FX volatility could compress imported-input margins.
  • Working-capital build-up in a 27.5% MPR environment.
  • Sector regulatory cadence could front-load compliance cost.

Key risks

  • Macro: persistent inflation > 25% pressuring real demand.
  • Sector-specific regulatory action and tariff resets.
  • Single-market concentration in Nigeria.

Recent developments

  • Board recommended final dividend at last AGM cycle.
  • Operational expansion announced in Lagos corridor.
  • Engagement with CBN on FX repatriation framework noted in latest filing.

Recent news

  • positiveProshare Markets· 09 Jun
    FCMB Group Plc signs MoU with CBN on FX repatriation framework
  • neutralNGX Wire· 07 Jun
    FCMB crosses key technical level on rising volume
  • negativeProshare Research· 04 Jun
    Analysts trim FCMB FY26 EPS estimate by 4% on margin pressure
  • positiveBusinessDay· 01 Jun
    FCMB Group Plc expands Lagos operations with NGN 3.5bn capex