Finance
FCMB Group Sets December 29 Deadline for Q3 Financial Results as Subsidiary Audit Continues
FCMB Group Plc has prolonged the publication of its third-quarter 2026 monetary outcomes till December 29 because the interim audit of its largest subsidiary, First City Monument Bank Limited, stays ongoing.
The monetary providers group disclosed the event in a regulatory submitting submitted to the Nigerian Exchange Limited (NGX) on October 23, 2026.
According to the disclosure, FCMB Group’s Board of Directors authorised the unaudited monetary statements for the quarter ended September 30, 2026, at a gathering held on Friday, October 23.
However, the corporate is not going to publish the outcomes till the interim audit of First City Monument Bank Limited has been accomplished.
FCMB Group defined that the audit was crucial due to the subsidiary’s significance to its consolidated monetary statements.
The firm had beforehand obtained an extension from the NGX to accommodate the audit course of and make sure the completion of the required monetary reporting procedures.
Under the authorised association, FCMB Group is anticipated to submit its monetary statements as soon as the audit is accomplished, however no later than December 29, 2026.
The extension means traders could have to attend till late December to evaluate the group’s monetary efficiency for the 9 months ended September 30, 2026.
The forthcoming outcomes will present up to date info on the group’s income, profitability, mortgage portfolio, working bills and monetary place.
First City Monument Bank Limited is a serious subsidiary of FCMB Group and contributes to the monetary efficiency of its banking operations.
The ongoing audit due to this fact represents an essential a part of the group’s consolidated monetary reporting course of.
FCMB Group additionally confirmed that its closed interval, which commenced on October 1, 2026, will stay in impact till 24 hours after the monetary statements have been launched to the general public.
During this era, administrators and different designated insiders are restricted from buying and selling within the firm’s securities in accordance with relevant capital market rules.
The firm didn’t disclose its third-quarter earnings figures or point out whether or not profitability elevated or declined in the course of the reporting interval.
The regulatory submitting was signed by Company Secretary Olufunmilayo Adedibu.
With the board’s approval already secured, the publication of FCMB Group’s monetary outcomes now is determined by the completion of the subsidiary’s interim audit inside the prolonged reporting deadline.
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