Foxxymobile here, walking you through the big play.
FCMB just dropped a bold forecast: ₦171.5bn profit for 2025. That’s more than 2x last year’s ₦73bn. But here’s the real gist — who’s winning, and who’s sweating?
Winners
Shareholders betting early → FCMB keeps beating its own forecasts. Q1, Q2, Q3… they all came in hotter than expected. Q4 at ₦58.8bn might even be conservative. Translation: room for upside .
Value hunters → At ₦10.50 a share, FCMB is trading on a dirt-cheap P/E of 2.44x vs the industry’s 3–5x. If they hit targets, it’s looking like a bargain.
Long-haul investors → With impairments now fully recognized post-CBN forbearance, the bank’s books are cleaner. No more nasty surprises lurking.
Losers
Dilution worriers → FCMB still needs to raise another ₦188bn to clear recapitalization. More shares = thinner slice of the pie for existing holders.
Risk-averse traders → Recap deadlines mean volatility. If FCMB stumbles, sentiment could flip quick.
Foxxymobile’s Take
This isn’t just a profit story. It’s the final stretch of recapitalization. If FCMB pulls it off, they’re not just running the lap — they’re sprinting past rivals.
Foxnews
51 days agoFCMB’s Big Lap: ₦171bn Profit on the Horizon
Foxxymobile here, walking you through the big play.
FCMB just dropped a bold forecast: ₦171.5bn profit for 2025. That’s more than 2x last year’s ₦73bn. But here’s the real gist — who’s winning, and who’s sweating?
Winners
Shareholders betting early → FCMB keeps beating its own forecasts. Q1, Q2, Q3… they all came in hotter than expected. Q4 at ₦58.8bn might even be conservative. Translation: room for upside .
Value hunters → At ₦10.50 a share, FCMB is trading on a dirt-cheap P/E of 2.44x vs the industry’s 3–5x. If they hit targets, it’s looking like a bargain.
Long-haul investors → With impairments now fully recognized post-CBN forbearance, the bank’s books are cleaner. No more nasty surprises lurking.
Losers
Dilution worriers → FCMB still needs to raise another ₦188bn to clear recapitalization. More shares = thinner slice of the pie for existing holders.
Risk-averse traders → Recap deadlines mean volatility. If FCMB stumbles, sentiment could flip quick.
Foxxymobile’s Take
This isn’t just a profit story. It’s the final stretch of recapitalization. If FCMB pulls it off, they’re not just running the lap — they’re sprinting past rivals.
— Foxxymobile Investment Services | Market Clarity, Investor Confidence