FCMB Group Plc declares 55 kobo dividend for 2024 year end, reports N73.34bn profit

FCMB Group Plc has declared a final dividend of 55 kobo to its shareholders for the year ended 31 December 2024.

The Financial Institution reported Gross Earnings of N794.43 billion for the 12 months period, up by 53.85% from N516.36 billion reported the previous year.

Profit after tax of N73.34 billion was reported for the year under review, down by 21.16% from N93.02 billion reported the previous year.

Earnings per share of FCMB stands at N1.85.

At the share price, of N9.10, the P/E ratio of FCMB Group stands at 4.91x with earnings yield of 20.35%.

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