FCMB on Wednesday published its Unaudited Financial Statement for the 3 months ended 31 March 2022.
The Group reported Gross Earnings of N58.305 billion for the 3 months period, up by 33.91% from N43.541 billion reported the previous year.
Profit after tax in Q1 2022 grew year on year by 44.61% to N5.166 billion from N3.572 billion reported in Q1 2021.
Earnings per share of FCMB increased year on year by 44.51% to 26 kobo from the EPS 18 kobo achived the previous year.
At the share price of N3.59, the P/E ratio of FCMB stands at 13.76x with earnings yield of 7.27%.