WorldStage– FCMB Group Plc has released its earnings and cash flow forecast for the fourth quarter ending December 31, 2026, projecting a Profit After Tax (PAT) of ₦104.61 billion.
According to the official filing submitted to the Nigerian Exchange Group (NGX), the financial institution anticipates generating Gross Earnings of ₦368.00 billion for the quarter.
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Key Financial Highlights (Q4 2026 Forecast)
Gross Earnings: ₦368.00 billion
Net Interest Income: ₦181.66 billion (derived from Interest Income of ₦321.91 billion against Interest Expenses of ₦140.25 billion)
Net Operating Income: ₦227.75 billion
Operating Expenses: ₦86.25 billion
Loan Loss Provisions: ₦13.21 billion
Profit Before Taxation (PBT): ₦128.29 billion
Taxation: ₦23.68 billion
Profit After Taxation (PAT): ₦104.61 billion
Revenue Drivers
The group’s non-interest income stream is projected to be led by Transaction Commissions at ₦33.86 billion, followed by Securities Trading revenue of ₦7.56 billion. Foreign Exchange Earnings and Other Income are expected to contribute ₦2.26 billion and ₦2.41 billion, respectively.
Cash Flow PositionFCMB Group forecasts net cash generated from operating activities at ₦22.17 billion. Investing activities are expected to yield a net inflow of ₦368.32 billion, offset by a net cash outflow of ₦48.71 billion from financing activities. Consequently, the group expects to close the fourth quarter with cash and cash equivalents totaling ₦1.02 trillion, up from a opening balance of ₦677.49 billion.
