FCMB Group reports N794.8bn gross earnings in Q4 2024, grows profit by 16.05%

The Unaudited Financial Statement of FCMB Group Plc for the year ended 31 December 2024 revealed that the Company achieved double digit growth in its top line and bottom line figures, year on year.

The Group reported Gross Earnings of N794.8 billion for the 12 months period, up by 53.93% from N516.36 billion reported the previous year.

Profit after tax grew by 16.05% to N107.95 billion for the 12 months period from N93.02 billion reported the previous year.

Earnings per share of the Company stands at N5.45

At the share price of N11.45, the P/E ratio of FCMB stands at 2.1x with earnings yield of 47.61%.

Source: FCMB Group reports N794.8bn gross earnings in Q4 2024, grows profit by 16.05% – StocksWatch

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