FCMB Group (NSA:FCMB) Effect of Exchange Rate Changes: ₦-114,800 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:FCMB FCMB Group PLC NSA:FCMB
55 GF Score
Price ₦11.10
GF Value ₦9.14
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is FCMB Group Effect of Exchange Rate Changes?

FCMB Group NSA:FCMB -3.06% 55 Effect of Exchange Rate Changes is ₦-114,800 Mil as of Jun. 2026. GuruFocus rates NSA:FCMB with a GF Score™ of 55/100 and a GF Value™ of ₦9.14 (Modestly Overvalued). The stock has 3 warning signs investors should review.

FCMB Group's Effect of Exchange Rate Changes for the three months ended in Jun. 2026 was ₦59,510 Mil.

FCMB Group's Effect of Exchange Rate Changes for the trailing twelve months (TTM) ended in Jun. 2026 was ₦-114,800 Mil.

FCMB Group Effect of Exchange Rate Changes Related Terms

FCMB Group Effect of Exchange Rate Changes Historical Data

* Premium members only.

The historical data trend for FCMB Group's Effect of Exchange Rate Changes 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 Effect of Exchange Rate Changes Chart

FCMB Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effect of Exchange Rate Changes
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,884.89 16,652.98 197,849.57 235,347.20 -76,252.31

FCMB Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Effect of Exchange Rate Changes 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 -33,013.89 -143,454.28 43,334.93 -74,190.89 59,509.88
NSA:FCMB
55GF Score
FCMB Group PLC NSA:FCMB
Effect of Exchange Rate Changes is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FCMB Group Effect of Exchange Rate Changes Calculation

Effect of Exchange Rate Changes represents the effect of exchange rate changes on cash balances held in foreign currencies.

Effect of Exchange Rate Changes for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-114,800 Mil.

* 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.

What does a Effect of Exchange Rate Changes of ₦-114,800 Mil mean?
FCMB Group (NSA:FCMB) has a Effect of Exchange Rate Changes of ₦-114,800 Mil as of Jun. 2026. Effect of Exchange Rate Changes gives the cumulative effect due to foreign exchange rate fluctuations. View historical data for FCMB Group.
Is FCMB Group's Effect of Exchange Rate Changes too high?
FCMB Group's current Effect of Exchange Rate Changes is ₦-114,800 Mil. Overall, FCMB Group has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FCMB Group's Effect of Exchange Rate Changes compare to competitors?
FCMB Group's Effect of Exchange Rate Changes of ₦-114,800 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 Effect of Exchange Rate Changes for a Banks company?
A good Effect of Exchange Rate Changes depends on the Banks industry context. However, Effect of Exchange Rate Changes 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 Effect of Exchange Rate Changes mean?
A high Effect of Exchange Rate Changes can signal that a stock is expensive relative to its fundamentals. Effect of Exchange Rate Changes gives the cumulative effect due to foreign exchange rate fluctuations. View historical data for FCMB Group. FCMB Group's current Effect of Exchange Rate Changes is ₦-114,800 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 Modestly Overvalued. The stock's GF Value™ is ₦9.14, compared to a current price of ₦11.10 — trading 21.4% above its estimated fair value. The current Effect of Exchange Rate Changes is ₦-114,800 Mil. FCMB Group's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effect of Exchange Rate Changes calculated?
Effect of Exchange Rate Changes is calculated from a company's financial statements. For FCMB Group (NSA:FCMB), the current Effect of Exchange Rate Changes is ₦-114,800 Mil as of Jun. 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 ₦11.10 is trading 21.4% above its estimated GF Value™ of ₦9.14. GuruFocus considers FCMB Group to be Modestly Overvalued.

Key valuation signals for NSA:FCMB:

  • Effect of Exchange Rate Changes: ₦-114,800 Mil
  • GF Value™: ₦9.14 vs. price of ₦11.10 (21.4% above fair value)
  • GF Score™: 55/100 with 3 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).
55GF Score

Get the complete analysis for NSA:FCMB

Effect of Exchange Rate Changes is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦11.10
Price
₦9.14
GF Value