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First City Monument Bank
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More information can be found at
www.firstcitygroup.com
For further information, please call Institutional Investor Relations on +234 1 279 3030 or send an email to
institutionalinvestorrelations@firstcitygroup.com
Website:
www.fcmb.com
Ticker:
  NSE (FCMB),
Bloomberg (FCMB NL)
Share Price
FCMB
Head Office:
Primrose Towers,
17A Tinubu Street,
Lagos, Nigeria
+234 1 279 3030
First City Monument Bank (FCMB) Plc is a full service banking group, headquartered in Lagos, Nigeria, with the vision 'to be the premier financial services group of
African origin'.
From its early origins in investment banking as City Securities Limited in 1977, FCMB, established in 1982, has emerged as one of the leading financial services
institutions in Nigeria and one of the top eight lenders in the country with subsidiaries that are market leaders in their respective segments. FCMB was
incorporated as a private limited liability company on 20 April 1982 and granted a banking licence on 11 August 1983. On 15 July 2004, the Bank changed its
status from a private limited liability company to a public limited liability company and was listed on the Nigerian Stock Exchange, by introduction, on 21 December
2004. As at December 2012, FCMB had 2 million customers, 271 branches in Nigeria and a presence in the United Kingdom (through its FSA
-
authorised
investment banking subsidiary, FCMB UK) and a representative office in the Republic of South Africa.
FCMB has a focus on retail, commercial and investment banking and a customer promise to offer simple products, be reliable and supportive. FCMB
distinguishes itself by its extraordinary people and culture: a customer
-
focused and performance
-
driven environment. Its unique retail lending capabilities enable
FCMB to offer valued services to millions of underserved Nigerians directly and indirectly, whilst supporting its portfolio diversification objectives to deliver
sustainable growth. FCMB's investment banking and transaction banking services further distinguish it as a bank for companies, doing business within and with
Nigeria, that are in need of value
-
adding solutions. The combination of its geographic focus, which is Africa and, primarily Nigeria, distinctive capabilities and
culture provide FCMB with the critical elements for sustained growth and the competitiveness to fulfill its mission.
More information can be found at
www.fcmb.com
Corporate Profile
Recent Headlines & Upcoming Events
FCMB ANNOUNCES FINAL IMPLEMENTATION OF HOLDING COMPANY STRUCTURE:
FCMB GROUP PLC
FCMB ANNOUNCES FY12 (AUDITED) & 1Q13 (UNAUDITED) IFRS
-
COMPLIANT GROUP
RESULTS
HY 2013 (Unaudited) Results to be published
29
-
Jul
-
2013
HY 2013 (Unaudited) Results to be published
Monday, July 29, 2013
HY 2013 (Unaudited) Results: Conference Call & Webcast Presentation
30
-
Jul
-
2013
Third Quarter 2013 Ends
30
-
Sep
-
2013
Analyst Ratings
1
-
Strong Buy
3
2
-
Buy
1
3
-
Hold
1
4
-
Underperform
0
5
-
Sell
0
Mean Recommendation:
1.6
Sell
Strong Buy
Last Month Revisions
Fiscal Period
Mean
High
Low
Median
# of Estimates
#Up
#Down
Mean % Change
Annual
Dec 15
1.32
1.53
1.11
1.32
2
0
0
0.00
Annual
Dec 14
1.12
1.30
0.97
1.10
3
0
0
0.00
Annual
Dec 13
0.91
0.93
0.88
0.91
3
0
0
0.00
Data Provided by Thomson Reuters
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=History==
The entity from which the bank was founded '''City Securities Limited''', was established in 1977. First City Monument Bank Plc. was incorporated as a private limited liability company on 20 April 1982 and granted a [[banking licence]] on 11 August 1983. It was the first [[bank]] to be established in [[Nigeria]] without government or foreign support. On 15 July 2004, FCMB changed its status from a private limited liability company to a public limited liability company and was listed on the [[Nigerian Stock Exchange]] (NSE) by introduction on 21 December 2004.<ref>[http://investorrelations.firstcitygroup.com/ FCMB At A Glance]</ref>

In November 2010, both [[FinBank]] and First City Monument Bank (FCMB) announced that FCMB has expressed interest in acquiring shareholding and become the strategic investor in FinBank, another Nigerian commercial bank that was undercapitalized.<ref>[http://allafrica.com/stories/201011020170.html FCMB Expresses Interest In FinBank]</ref> In February 2012, following regulatory approval, FCMB acquired 100% shareholding and began integration of Finbank in its existing operations.<ref>[http://businessnews.com.ng/2012/02/13/fcmb-finalizes-finbank-acquisition/  FCMB Finalizes FinBank Acquisition]</ref>
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Have them in circles
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MATTHEW OTIKA's profile photo
Love Philip's profile photo
Badamsi Musa's profile photo
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Contact Information
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Phone
+2348124220056
Email