FCMB Forecasts ₦39.3 Billion Q3 2025 Profit, Projects Strong ₦90.6 Billion Net Cash Increase

FCMB Group Plc has projected a profit after tax of ₦39.3 billion for the third quarter ending 30 September 2025, reflecting the bank’s strong performance across interest income, fee-based revenue, and operating efficiency.

According to its official forecast submitted to the Nigerian Stock Exchange, gross earnings are expected to hit ₦253.99 billion, driven largely by an anticipated ₦222.55 billion in interest income. After accounting for interest expenses of ₦114.03 billion, FCMB forecasts a solid net interest income of ₦108.52 billion.

In addition to its core lending business, the Group expects significant non-interest revenue streams to support earnings. These include ₦18.54 billion from transaction commissions, ₦4.21 billion from securities trading, and ₦3.86 billion in foreign exchange gains. Contingent and other income sources are projected to bring in ₦1.17 billion and ₦3.66 billion, respectively.

Total operating expenses are estimated at ₦81.08 billion, with provisions for loan losses and writebacks totalling ₦14.1 billion. After tax charges of ₦5.46 billion, the Group is left with a forecast profit after tax of ₦39.32 billion.

Cash Flow Strengthens Balance Sheet

FCMB also projects a robust net increase of ₦90.65 billion in cash and cash equivalents for Q3 2025, bringing its cash position to ₦764.52 billion by the end of the quarter. This performance is underpinned by ₦26.45 billion net cash from operating activities and an impressive ₦68.49 billion net inflow from investing activities. Financing activities are expected to result in a modest outflow of ₦4.29 billion.

The projections, while forward-looking, suggest FCMB’s diversified revenue model and disciplined cost management will remain key pillars of performance through 2025.