FCMB Plc profit decline by 24% to N3.57billion in Q1 2021.

FCMB Group Plc released its unaudited results for the first quarter of the year (Q1, 2021).

• Net interest income for the period was N21.23 billion. (-8.2% YoY)
• Net fee and commission income was N5.7 billion. (+12.05% YoY)
• General and administrative expenses of N8.04 billion. (-0.2% YoY)
• Profit for the period was N3.57 billion. (-24.4% YoY)
• Earnings per share of 18 kobo Vs 24 kobo YoY.

See link to results.