FCMB Group

FCMB Group Tax Expense

The Income Tax Expense of FCMB Group (FCMB.NL) as of Oct 28, 2026 is 38.56 B NGN. In the previous year, Income Tax Expense was 11.41 B NGN — a change of 237.82% (higher).

Tax Expense

38.56 BNGN

YoY

237.82%

Last updated:

Income Tax Expense of FCMB Group is 2024 38.56 B NGN. Income Tax Expense of FCMB Group was 2023 11.41 B NGN. It decreases by 237.82% higher compared to the previous year.

The FCMB Group Tax Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Expense
Date
Tax Expense
Jan 1, 2017
2.05 B NGN
Jan 1, 2018
3.47 B NGN
Jan 1, 2019
2.79 B NGN
Jan 1, 2020
2.30 B NGN
Jan 1, 2021
1.80 B NGN
Jan 1, 2022
5.44 B NGN
Jan 1, 2023
11.41 B NGN
Jan 1, 2024
38.56 B NGN
The FCMB Group Tax Expense history
YEARTax ExpenseYoY
38.56 BNGN+237.82%
11.41 BNGN+109.76%
5.44 BNGN+202.30%
1.80 BNGN-21.77%
2.30 BNGN-17.62%
2.79 BNGN-19.53%
3.47 BNGN+69.15%
2.05 BNGN+7.27%
1.91 BNGN-36.40%
3.01 BNGN+66.19%
1.81 BNGN—

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FCMB Group Stock analysis

What does FCMB Group do? FCMB Group Plc generates revenue through its diverse segments including Investment Banking, which serves corporate organizations with financial services, and Investment Management, which administers pension fund assets and investment portfolios for structured retiree savings account holders. The SME Banking segment targets small and medium enterprises and commercial registered businesses, while Corporate Banking caters to companies and financial institutions. Treasury and Financial Markets supports internal funding across all business segments. The company's products include banking services tailored to corporate clients, SMEs, and individual customers, with specific offerings in investment management and pension fund administration. Institutional Banking serves institutional clients, and Commercial Banking focuses on broader corporate needs. Personal Banking addresses individual customer requirements across retail banking services. FCMB Group Plc's revenue streams are derived from corporate and individual customers across all its segments. The Investment Banking segment provides advisory and underwriting services, while Investment Management earns fees from managing assets. SME Banking and Corporate Banking generate income through lending and transactional services, and Treasury and Financial Markets facilitates internal capital allocation to support business growth. FCMB Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about FCMB Group stock

Income Tax Expense of FCMB Group is 38.56 B NGN in 2024.

Income Tax Expense of FCMB Group changed from 11.41 B NGN to 38.56 B NGN, representing a 237.82% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Income Tax Expense FCMB Group since 2006 – with annual values, charts, and detailed analysis.

Tax expense represents the total income taxes owed. It reflects the company's tax obligations and effective tax rate.

Income Tax Expense's NGN is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Income Tax Expense's FCMB Group historically and in real time.

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Income Statement — FCMB Group

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