FCMB group revenue hits N212bn in 2021

FCMB Group Plc has announced its financial results for the year ended December 31, 2021, which has seen the lender declare a higher dividend of 20 Kobo per share to shareholders compared to 15 Kobo per share in 2020. The result across market fundamentals shows an increased gross revenue to N212billion, representing a 7% growth […]

FCMB group revenue hits N212bn in 2021

First City Monument Bank (FCMB)

FCMB Group Plc has announced its financial results for the year ended December 31, 2021, which has seen the lender declare a higher dividend of 20 Kobo per share to shareholders compared to 15 Kobo per share in 2020.

The result across market fundamentals shows an increased gross revenue to N212billion, representing a 7% growth compared to N198.4 billion in 2020.

Also, a profit before tax of N22.7billion from N21.9billion the prior year while profit after tax also rose by 7% to N20.9 billion.