Fidelity Bank Plc has announced a strong financial performance for the 2025 financial year, recording a 45.6 per cent increase in gross earnings to N1.52 trillion, compared to N1.04 trillion posted in 2024.
The impressive growth highlights stronger topline performance across the bank’s major business segments and reinforces its position within Nigeria’s competitive banking industry.
The bank reported a profit before tax (PBT) of N242.4 billion, supported largely by a 38.7 per cent year-on-year increase in interest and similar income, which rose to N1.11 trillion from N803.1 billion recorded in the previous year.
In addition, fees and commission income grew significantly by 44.7 per cent to N113.4 billion, reflecting improved transaction volumes and enhanced banking services.
On the balance sheet, Fidelity Bank’s total assets expanded by 18.6 per cent year-on-year to N10.46 trillion, while customer deposits climbed 16.1 per cent to N6.89 trillion, underscoring sustained customer confidence in the institution.
Despite the strong earnings performance, net loans and advances declined marginally by 2.4 per cent to N4.28 trillion, largely due to customers repaying matured credit obligations during the period.
The lender also strengthened its capital base, with eligible capital increasing to N561 billion, surpassing the regulatory minimum requirement of N500 billion for banks operating with international authorisation.
Its capital adequacy ratio remained solid at 30.94 per cent, reflecting the bank’s strong financial resilience and capacity to support future growth initiatives.
