FCMB Group (NSA:FCMB) Net Loan: ₦2,256,444 Mil (As of Mar. 2026)


NSA:FCMB FCMB Group PLC NSA:FCMB
54 GF Score
Price ₦10.80
GF Value ₦7.23
Valuation Significantly Overvalued
! 5 Warning Signs
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What is FCMB Group Net Loan?

FCMB Group NSA:FCMB 54 Net Loan is ₦2,256,444 Mil as of Mar. 2026. GuruFocus rates NSA:FCMB with a GF Score™ of 54/100 and a GF Value™ of ₦7.23 (Significantly Overvalued). The stock has 5 warning signs investors should review.

FCMB Group's quarterly net loan increased from Sep. 2025 (₦2,287,803 Mil) to Dec. 2025 (₦2,364,773 Mil) but then declined from Dec. 2025 (₦2,364,773 Mil) to Mar. 2026 (₦2,256,444 Mil).

FCMB Group's annual net loan increased from Dec. 2023 (₦1,840,436 Mil) to Dec. 2024 (₦2,364,773 Mil) and increased from Dec. 2024 (₦2,364,773 Mil) to Dec. 2025 (₦2,256,444 Mil).

FCMB Group Net Loan Historical Data

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The historical data trend for FCMB Group's Net Loan can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FCMB Group Net Loan Chart

FCMB Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Loan
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,054,156.04 1,187,689.32 1,840,435.80 2,356,385.78 2,364,773.07

FCMB Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Loan Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,435,372.55 2,381,272.08 2,287,803.39 2,364,773.07 2,256,444.30
NSA:FCMB
54GF Score
FCMB Group PLC NSA:FCMB
Net Loan is just one metric. See GF Score™, valuation, warning signs, and more.
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FCMB Group Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

Frequently Asked Questions Learn more about Net Loan →
What does a Net Loan of ₦2,256,444 Mil mean?
FCMB Group (NSA:FCMB) has a Net Loan of ₦2,256,444 Mil as of Mar. 2026. The total net loans as recorded on a bank's balance sheet. View historical data on FCMB Group and its competitors.
Is FCMB Group's Net Loan too high?
FCMB Group's current Net Loan is ₦2,256,444 Mil. Overall, FCMB Group has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FCMB Group's Net Loan compare to competitors?
FCMB Group's Net Loan of ₦2,256,444 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Loan for a Banks company?
A good Net Loan depends on the Banks industry context. However, Net Loan should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Loan mean?
A high Net Loan can signal that a stock is expensive relative to its fundamentals. The total net loans as recorded on a bank's balance sheet. View historical data on FCMB Group and its competitors. FCMB Group's current Net Loan is ₦2,256,444 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FCMB Group stock overvalued right now?
Based on GuruFocus' analysis, FCMB Group (NSA:FCMB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦7.23, compared to a current price of ₦10.80 — trading 49.4% above its estimated fair value. The current Net Loan is ₦2,256,444 Mil. FCMB Group's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Loan calculated?
Net Loan is calculated from a company's financial statements. For FCMB Group (NSA:FCMB), the current Net Loan is ₦2,256,444 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FCMB Group (NSA:FCMB) Overvalued in 2026?

Based on GuruFocus' analysis, FCMB Group stock appears to be overvalued. The current stock price of ₦10.80 is trading 49.4% above its estimated GF Value™ of ₦7.23. GuruFocus considers FCMB Group to be Significantly Overvalued.

Key valuation signals for NSA:FCMB:

  • Net Loan: ₦2,256,444 Mil
  • GF Value™: ₦7.23 vs. price of ₦10.80 (49.4% above fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the NSA:FCMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

FCMB Group Business Description

Address 44 Marina, 5th Floor, First City Plaza, Lagos, NGA
FCMB Group PLC provides banking services. Its segments include Investment Banking, Investment Management, SME Banking, Commercial Banking, Corporate Banking, Personal Banking, Institutional Banking, and Treasury and Financial Markets. The majority of the revenue is derived from Corporate Banking which incorporates direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, foreign currency and derivative products. The corporate banking business unit caters for the specific needs of companies and financial institutions. It operates in two geographic regions, being: Nigeria and Europe (UK).
54GF Score

Get the complete analysis for NSA:FCMB

Net Loan is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦10.80
Price
₦7.23
GF Value