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

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.