FCMB Group traded at 9.05 this Thursday July 2nd, decreasing 0.85 or 8.59 percent since the previous trading session. Looking back, over the last four weeks, FCMB lost 20.61 percent. Over the last 12 months, its price fell by 2.69 percent. Looking ahead, we forecast FCMB Group to be priced at 9.72 by the end of this quarter and at 9.06 in one year, according to Trading Economics global macro models projections and analysts expectations.
FCMB Group Plc is a financial services company. The Company's business activities include commercial and retail banking, investment banking, brokerage, wealth management and trustee services. It operates through six segments: Investment Banking, which provides services to corporate organizations; Business Banking, which provides banking services to small and medium enterprises and commercial registered businesses; Corporate Banking, which includes direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, foreign currency and derivative products; Personal Banking that includes private banking services, private customer current accounts, savings, deposits, investment savings products, custody, credit and debit cards, consumer loans and mortgages; Institutional Banking that caters to government financing, financial institutions and multilateral agencies, and Treasury and Financial Markets that provides funding support to various business segments.