FCMB Group stock held at NGN 11.10 below its yearly high
Published on 10/08/2026 at 02:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFCMB Group stock (ISIN NGFCMB000005) held at NGN 11.10 on the Nigerian Exchange at the October 6, 2026 close, unchanged from the prior close. The price report comes as the group prepares for a revised deadline for its nine-month 2026 results.
First-half profit nearly doubled
Nairametrics reported that FCMB Group's unaudited first-half 2026 pretax profit rose 98.8 percent year over year to NGN 157.3 billion, compared with NGN 79.1 billion in the first half of 2025. The comparison gives the latest earnings picture a clear numerical anchor.
The same first-half report showed gross earnings of NGN 676.2 billion, up 27.8 percent from NGN 529.2 billion in the comparable period. Interest income increased 31.0 percent, while earning assets expanded 22 percent from NGN 4.90 trillion to NGN 5.98 trillion, according to Nairametrics.
Results date moves to December
Nairametrics reported that FCMB Group will publish its consolidated third-quarter 2026 results on or before December 29, 2026. The revised timetable follows an interim audit of First City Monument Bank, the group's largest subsidiary, whose results are expected to affect the consolidated accounts.
The delayed reporting date places additional weight on the next consolidated update because the first-half earnings comparison was supported by growth across all four divisions. Annualized earnings per share reached NGN 4.23 in the first half, compared with NGN 3.96 for full-year 2025, according to Nairametrics.
Consensus remains above the quote
StockAnalysis lists a Strong Buy consensus for FCMB Group from two analysts, with an average price target of NGN 16.04. The target stands 44.51 percent above the NGN 11.10 share price, creating the article's clearest valuation comparison, according to StockAnalysis.
FCMB stock held below yearly high
FCMB Group closed at NGN 11.10 on October 6, 2026, with a session high of NGN 11.20, a session low of NGN 11.05 and 15,576,655 shares traded. The stock's 52-week range was NGN 9.05 to NGN 14.50, placing the close NGN 3.40 below the yearly high.
FCMB Group stock facts
- Company: FCMB Group Plc
- ISIN: NGFCMB000005
- Ticker: FCMB
- Trading venue: Nigerian Exchange
- Closing price (October 6, 2026): NGN 11.10
- Market capitalization: NGN 732.1 billion (as of October 6, 2026)
- 52-week range: NGN 9.05-14.50
- Sector / Industry: Financial services / banking
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