First City Monument Bank (FCMB) Group Plc reported a pre-tax profit of N157.3 billion for the first half of 2026, driven by a rise in net interest income.
The results, published by Nairametrics, highlight the lender's ability to expand margins amid a challenging macroeconomic environment in Nigeria.
The profit figure reflects strong performance in the bank's core lending operations.
Net interest income, a key indicator of profitability for Nigerian banks, increased during the period, suggesting that FCMB has successfully navigated interest rate volatility and credit demand shifts.
This growth trajectory aligns with the bank's broader strategy to optimize its asset mix and improve funding costs.
FCMB's financial strength was previously demonstrated by its approval of a N23.08 billion dividend payout for the 2025 financial year.