Tag: earnings

FCMB raises ₦147.5bn in oversubscribed public offer
Banking

FCMB increases earnings by 207% to N95bn

FCMB Group has recorded a 206.86 per cent increase in profit for the fiscal year ending December 2023 to N95.52 billion. According to The PUNCH, this was revealed in the unaudited annual report and financial accounts submitted to the Nigerian Exchange Limited on Friday. FCMB’s profit was enhanced by gains in interest and discount revenue of […]

FCMB raises ₦147.5bn in oversubscribed public offer
Banking

FCMB reports gross earnings of N516.8bn in 2023

FCMB Group Plc has released its unaudited annual report and financial statements for fiscal year 2023. The Times reported that the group’s gross earnings for the year was N516.8 billion, up 82.6% from FY 2022. The firm enjoyed improved interest revenue, with a net interest income of N177.42 billion in 2023, up 45.4% from 2022. It also […]

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