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Home Markets Equities Company Results

2021 Half Year Results: FCMB Group reports a 22% dip in profit to N7.56 billion

Chidi Emenike by Chidi Emenike
July 28, 2021
in Company Results, Markets
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FCMB Group Plc released its unaudited financial results for the six months period ended 30th of June, 2021.

  • Net interest income for the period was N43 billion. (-5.2% YoY)
  • Net fee and commission income of N12.9 billion. (+33.5% YoY)
  • Personnel expenses totalled N14.6 billion. (+3.3% YoY)
  • Loans and advances to customers stood at N916.7 billion.
  • Profit after tax for the period was N7.56 billion. (-22.1% YoY)
  • Earnings per share of 38 kobo Vs 49 kobo YoY.
  • Total assets for the period stood at N2.2 trillion.

See link to results.

Tags: Company Financial ResultsFCMB Group Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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