FCMB Group saw a two-third boost in net profit in the year to September compared to the same period of last year, its financials showed on Tuesday, as earnings for the accounting period hit N22.9 billion for the first time since becoming a holding company in 2013.
At N200.1 billion, revenue stood 33 per cent higher relative to a year earlier, with reasonable expansion in interest & discount income as well as fees & commission stoking growth.
FCMB Group’s share price At N200.1 billion, revenue stood 33 per cent higher relative to a year earlier, at their swiftest pace since the beginning of the month, rising by 3.1 per cent as the news hit the market.
