Capital Market
FCMB Group Forecasts ₦58.8 Billion Profit for Q4 2025, Signals Strong Year-End Performance
FCMB Group Plc has released its earnings and cash flow forecast for the fourth quarter ending December 31, 2025, projecting a robust profit after tax of ₦58.82 billion. The group anticipates gross earnings of ₦265.2 billion, driven primarily by interest income of ₦231.8 billion. After accounting for interest expenses of ₦116.08 billion, net interest income is expected to reach ₦115.76 billion.
Additional revenue streams include ₦3.72 billion from foreign exchange earnings, ₦4.38 billion from securities trading, and ₦20.43 billion in transaction commissions. Net operating income is forecasted at ₦149.12 billion, with loan losses estimated at ₦14.12 billion and operating expenses at ₦69.13 billion. This positions the group for a profit before tax of ₦65.87 billion, with a projected tax charge of ₦7.05 billion.
On the cash flow front, FCMB expects to generate ₦109.08 billion from operating activities, following adjustments for working capital and taxes. Financing activities are forecasted to result in a net outflow of ₦1.82 billion, while investing activities are expected to contribute ₦71.32 billion. The group anticipates a net increase in cash and cash equivalents of ₦178.57 billion, bringing its quarter-end cash position to ₦852.91 billion, up from ₦674.34 billion at the start of the quarter.
The forecast underscores FCMB’s confidence in its operational resilience and strategic positioning as it closes out the financial year.
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Access Holdings Charts New Course in E-Banking Growth
Access Holdings Plc has emerged as the leading tier-1 bank in Nigeria’s electronic business segment, generating N101.65 billion in e-business income for the first half of 2025. Collectively, the five major tier-1 banks — Access Holdings, United Bank for Africa (UBA), Zenith Bank, GTCO, and FBN Holdings — earned N290.86 billion from digital transactions during…
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Prestige Assurance Plc Board Approves Q3 2025 Financials
Prestige Assurance Plc has announced key resolutions following its Board of Directors meeting held on Tuesday, October 28, 2025, at the company’s headquarters on Ligali Ayorinde Street, Victoria Island, Lagos. During the meeting, the Board reviewed and approved the company’s unaudited financial statements for the third quarter ended September 30, 2025. The approved accounts are…
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VFD Group Grows Shareholders’ Funds to ₦71.5 Billion in Latest Financials
VFD Group Plc has released its unaudited consolidated and separate financial statements for the nine-month period ended September 30, 2025, showcasing a robust financial performance and strategic growth across its investment portfolio. The Group posted a profit after tax of ₦6.63 billion, up from ₦4.47 billion in the same period last year. Total comprehensive income…