FCMB Group announces FY 2017 gross earnings of N169 billion

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FCMB Group Plc today released its financial statements for the year ended December 2017. Gross earnings dropped from N176 billion in 2016 to N169 billion in 2017. Profit before tax also fell from N16.2 billion in 2016 to N11.4 billion in 2017.

Profit after tax dropped sharply from N14.3 billion in 2016 to N9.4 billion in 2017.

The bank has declared a dividend of N0.10 per share.

Here is a copy of the result.