Company FCMB Group Plc

Company FCMB Group Plc

FCMB

NGFCMB000005

Banks

Analysts' Consensus

Equities

FCMB

NGFCMB000005

Banks

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

EPS Revisions

Annual profits - Rate of surprise

Sector Other Banks

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

EPS Revisions

Annual profits - Rate of surprise

Sector Other Banks

End-of-day quote Nigerian S.E. Other stock markets 06:00:00 2024-05-16 pm EDT			5-day change	1st Jan Change
7 ^NGN	+5.26%		-11.39%	-5.41%

Apr. 30	FCMB Group Plc Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Jan. 26	Fcmb Group Reports For Period Ended Dec.31, Group Profit Of 95.52 Bln Naira	RE

FCMB Group Plc is one of the largest Nigerian banking groups. The activity is organized around 5 sectors:

- retail banking;

- commercial bank and business bank;

- financing and market bank;

- investment bank;

- asset management.

At the end of 2023, the group had NGN 3,090.6 billion in current deposits and NGN 1,835.5 billion in current loans.

Number of employees: 3,342

NGN in Million	2022	Weight	2023	Weight	Delta
Corporate Banking 24.6 %	18,479	10.5 %	79,049	24.6 %	+327.78%
Personal Banking 23.4 %	57,784	32.9 %	75,006	23.4 %	+29.80%
Small and Medium Enterprises Banking 20.6 %	53,260	30.4 %	66,130	20.6 %	+24.17%
Treasury and Financial Markets 14.8 %	13,859	7.9 %	47,662	14.8 %	+243.90%
Investment Banking 8.5 %	12,606	7.2 %	27,389	8.5 %	+117.28%
Investment Management 3.4 %	7,626	4.3 %	10,882	3.4 %	+42.69%
Commercial Banking 2.5 %	6,277	3.6 %	8,044	2.5 %	+28.15%
Institutional Banking 2.2 %	5,512	3.1 %	6,966	2.2 %	+26.39%

NGN in Million	2022	Weight	2023	Weight	Delta
Nigeria 95.4 %	167,537	95.5 %	306,209	95.4 %	+82.77%
Europe 4.6 %	7,865	4.5 %	14,919	4.6 %	+89.68%

Managers	Title	Age	Since
Ladipupo O. Balogun CEO	Chief Executive Officer	52	-
Deji Fayose DFI	Director of Finance/CFO	-	21-06-30
Gbolahan Joshua COO	Chief Operating Officer	-	-
Olufunmilayo Adedibu CMP	Compliance Officer	-	13-12-31
Femi Badeji BRD	Director/Board Member	49	19-10-01
Felicia Obozuwa HRO	Human Resources Officer	-	97-12-31

Members of the board	Title	Age	Since
Ladipupo O. Balogun CEO	Chief Executive Officer	52	-
Oladipupo Jadesimi CHM	Chairman	81	17-12-26
Ahmad Ibrahim Mustapha Damcida BRD	Director/Board Member	61	13-06-30
Tokunboh Ishmael BRD	Director/Board Member	58	20-04-27
Oluwatoyin Ashiru BRD	Director/Board Member	69	13-12-22
Gregory Omosigho Ero BRD	Director/Board Member	76	13-12-22
Gbolahan Joshua COO	Chief Operating Officer	-	21-09-01
Olapeju Sofowora BRD	Director/Board Member	59	17-12-26
Femi Badeji BRD	Director/Board Member	49	19-10-01
Muibat I. Ijaiya BRD	Director/Board Member	-	21-04-27

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	19,800,000,000	17,330,100,038 ( 87.53 %)	0	87.53 %

Name	Equities	%	Valuation
Ladipupo O. Balogun 1.021 %	202,166,756	1.021 %	1 M ₦
Oladipupo Jadesimi 0.9618 %	190,463,000	0.9618 %	990 408 ₦
Duet Asset Management Ltd. 0.6364 %	126,019,263	0.6364 %	655 300 ₦
STANLIB Asset Management (Pty) Ltd. 0.3448 %	68,285,000	0.3448 %	355 082 ₦
Renaissance Asset Managers (UK) Ltd. 0.2602 %	51,525,451	0.2602 %	267 932 ₦
Investec Asset Management Ltd. 0.1951 %	38,636,102	0.1951 %	200 908 ₦
Pension Reserves Investment Management Board 0.1858 %	36,799,665	0.1858 %	191 358 ₦
Universal-Investment-Gesellschaft mbH (Invt Mgmt) 0.0335 %	6,638,081	0.0335 %	34 518 ₦
Sanlam Investment Management (Pty) Ltd. 0.0293 %	5,795,327	0.0293 %	30 136 ₦
Old Mutual Investment Group (Pty) Ltd. 0.0166 %	3,279,581	0.0166 %	17 054 ₦

FCMB Group Plc

44 Marina Plaza 5th Floor

110102, Lagos

+234 1 448 5420

http://www.fcmbgroup.com

Name	Category and Sector
FCMB Pensions Ltd. FCMB Pensions Ltd. Investment ManagersFinance Part of FCMB Group Plc, FCMB Pensions Ltd. is a Nigerian company that provides pension fund administration services. The company is based in Lagos, Nigeria.	Investment Managers
FCMB Bank (UK) Ltd. FCMB Bank (UK) Ltd. Investment Banks/BrokersFinance Part of FCMB Group Plc, FCMB Bank (UK) Ltd. is a trade finance and banking company based in London, UK. FCMB Bank (UK has a team of experienced trade finance professionals who provide superior customer service to personal and business banking groups. The British company is an independently incorporated, wholly-owned subsidiary of First City Monument Bank Ltd (FCMB), which is a leading financial services institution in Nigeria. The company was founded in 2008 and Frank A. Le Roex has been the CEO of the company since 2009.	Investment Banks/Brokers
First City Monument Bank Ltd. First City Monument Bank Ltd. Regional BanksFinance First City Monument Bank Ltd. provides commercial banking services. The company was founded in 1982 and is headquartered in Lagos, Nigeria.	Regional Banks

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

7 NGN

Average target price

11.65 NGN

Spread / Average Target

+66.43%

Consensus

Estimates Revisions

Company calendar

	1st Jan change	Capi.
FCMB GROUP PLC	-5.41%	94.46M
JPMORGAN CHASE & CO.	+20.43%	590B
BANK OF AMERICA CORPORATION	+16.75%	307B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+23.30%	257B
WELLS FARGO & COMPANY	+24.18%	213B
CHINA CONSTRUCTION BANK CORPORATION	+25.81%	190B
BANK OF CHINA LIMITED	+29.53%	172B
HSBC HOLDINGS PLC	+9.68%	164B
ROYAL BANK OF CANADA	+8.46%	151B
COMMONWEALTH BANK OF AUSTRALIA	+8.26%	135B

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