FCMB Group

FCMB Group Tax Rate

The Effective Tax Rate of FCMB Group (FCMB.NL) as of Nov 2, 2026 is 34.46 %. In the previous year, Effective Tax Rate was 10.93 % — a change of 215.28% (higher).

Tax Rate

34.46 %

YoY

215.28%

Last updated:

Effective Tax Rate of FCMB Group is 2024 34.46 % . Effective Tax Rate of FCMB Group was 2023 10.93 % . It decreases by 215.28% higher compared to the previous year.

The FCMB Group Tax Rate history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Rate
Date
Tax Rate
Jan 1, 2017
19.24 NGN
Jan 1, 2018
18.82 NGN
Jan 1, 2019
13.87 NGN
Jan 1, 2020
10.50 NGN
Jan 1, 2021
7.92 NGN
Jan 1, 2022
14.88 NGN
Jan 1, 2023
10.93 NGN
Jan 1, 2024
34.46 NGN
The FCMB Group Tax Rate history
YEARTax RateYoY
34.46 %+215.28%
10.93 %-26.55%
14.88 %+87.79%
7.92 %-24.55%
10.50 %-24.32%
13.87 %-26.28%
18.82 %-2.18%
19.24 %+63.45%
11.77 %-69.60%
38.72 %+412.17%
7.56 %—

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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

Effective Tax Rate of FCMB Group is 34.46 % in 2024.

Effective Tax Rate of FCMB Group changed from 10.93 % to 34.46 %, representing a 215.28% change. The value is higher than the previous year.

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

The effective tax rate measures the actual percentage of pretax income paid in taxes. It reflects the company's tax efficiency and planning.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Effective Tax Rate's FCMB Group with sector peers and the industry average to assess whether it is attractive.

To evaluate Effective Tax Rate's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Effective Tax Rate.

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Margins — FCMB Group

Gross MarginEBIT MarginEBITDA MarginNet MarginFCF MarginR&D / RevenueTax RatePayout RatioPre-Tax MarginOCF MarginSGA/RevenueOpEx/RevenueReinvestment Rate

All Key Metrics — FCMB Group