FCMB shares gain momentum on NGX as investor interest builds

FCMB Group Plc has been enjoying beardown momentum connected the Nigerian Exchange (NGX), drafting increasing attraction from retail and organization investors alike.

FCMB shares presently commercialized at₦12.35/share (as of 23 February 2026)—up from its52-week debased of ₦8.35/share, reflecting dependable marketplace assurance successful the Group’s strategy and net outlook.

The affirmative sentiment is not happening successful isolation.

Nigeria’s banking assemblage is undergoing recapitalisation and strategical repositioning, prompting investors to gravitate toward banks with wide maturation plans and diversified income streams.

FCMB’s multi-subsidiary exemplary — spanning Banking, user finance, plus management, and concern banking — continues to presumption it arsenic a resilient mid-tier player.

What makes FCMB peculiarly charismatic to immoderate savvy investors is its valuation upside potential. FCMB presently trades a Price-to-Book Value (P/BV) ratio of 0.6x, a important discount to peers specified arsenic Fidelity Bank (1.0x), Sterling Bank (1.0x), and Wema Bank (1.7x).

While immoderate peers person already seen crisp terms rallies, FCMB inactive trades astatine a comparatively accessible terms point, leaving country for appreciation arsenic net and superior ...