FCMB Group Plc - Company Profile
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FCMB Group Plc (FCMB), operates through seven strategic divisions, each offering distinct products and services. The company's main activities include retail banking, commercial banking, and other financial services. Its major services encompass pension fund management, comprehensive banking services, financial advisory, and currency trading. The company serves a diverse clientele, including structured retiree savings account holders, large corporate organizations, small and medium enterprises, commercial businesses, and government agencies. The company's products and services are applied across various industries, serving the financial needs of individuals, businesses, and institutions. The company's operations are supported by a network of channel partners and distribution networks, ensuring broad accessibility. FCMB is headquartered in Lagos, Nigeria.
Headquarters
Nigeria
Address
5th Floor, 44 Marina Plaza, Lagos Island
Website
www.fcmbgroup.com
Telephone
234 1 4485420
No of Employees
3,796
Industry
Financial Services
Ticker Symbol & Exchange
FCMB (NIG)
Revenue (2025)
$771.8M
43.7%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
141.5%
(2025 vs 2024)
Market Cap*
$474.4M
Net Profit Margin (2025)
XYZ
68.0%
(2025 vs 2024)
* As of and is in US$
FCMB Group Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts and Deposits: | Trade Services | FCMB |
| Classic Current Account | Non-Resident Banking | |
| Personal Business Account | Payment and Collection | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Stake Sale | In March, the company sold its 10% stake in FCMB Pensions Limited to Odu’a Investment Company Limited. |
| 2025 | New Products/Services | In October, First City Monument Bank launched an in-app feature enabling customers to open investment accounts and invest in FCMB-managed mutual funds. |
| 2017 | Acquisitions/Mergers/Takeovers | In November, the company acquired 88.2% stake in Legacy Pension Managers Limited. |
Competitor Comparison
| Key Parameters | FCMB Group Plc | Access Holdings PLC | Zenith Bank Plc | United Bank for Africa Plc | Wema Bank Plc |
|---|---|---|---|---|---|
| Headquarters | Nigeria | Nigeria | Nigeria | Nigeria | Nigeria |
| City | Lagos | Victoria Island | Victoria Island | Lagos | Lagos |
| State/Province | - | Lagos | Lagos | Lagos | - |
| No. of Employees | 3,796 | 9,820 | 10,520 | 10,393 | 2,342 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Oladipupo Jadesimi | Chairman | Executive Board | 2018 | 84 |
| Gbolahan Joshua | Chief Operating Officer; Director | Executive Board | 2021 | 51 |
| Ladi Balogun | Director; Chief Executive Officer - Group | Executive Board | 2017 | 54 |
| Deji Fayose | Chief Financial Officer | Senior Management | - | - |
| Olufunmilayo Adedibu | Group Company Secretary; General Counsel | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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