FCMB Group last week published its Unaudited Financial Statement for the year ended 31 December, 2023.
The Financial institution reported Gross Earnings of N516.79 billion for the 12 months period, up by 82.62% from N282.98 billion reported the previous year.
Profit after tax grew significantly by 206.86% to N95.52 billion from N31.13 billion reported the previous year.
Earnings per share of FCMB stands at N4.82.
At the share price of N10.7, the PE ratio of FCMB stands at 2.22x with earnings yield of 45.05%