First City Monument Bank (FCMB) in its unaudited report for the period ended, December 31, 2019 reported Gross Earnings of N186.63 billion, which is a growth of 5.32% when compared to N177.25 billion reported in 2018.
Profit before Tax grew by 8.48% to close at N20 billion from the previous close of N18.4 billion.
Profit after Tax of the holding company grew by 18.36% to close at N17.72 billion from the previous close of N14.97 billion.
For the period under review, the earnings per share (EPS) of FCMB stands at N0.89, up by 18.36% when compared to the EPS of N0.76 in 2018.
With reference to the share price of N1.9, the P.E ratio of FCMB stands at 2.13x with earnings yield of negative 46.84%.