Fidelity Bank delivered record gross earnings of N1.52 trillion in FY 2025 but saw profit after tax decline by 12.82% to N242.44 billion following a N223.79 billion derivative mark-to-market loss that masked the underlying strength of its core banking franchise.
Fidelity Bank Plc recorded its highest-ever gross earnings of N1.52 trillion in FY 2025, representing a 45.65% year-on-year increase, but profit after tax declined 12.82% to N242.44 billion following a N223.79 billion derivative mark-to-market loss.
The bank posted an industry-leading non-performing loan ratio of 2.38%, with impairment charges declining 61.71% to N21.61 billion, while net interest income grew 32.01% to N831.35 billion.
The bank successfully completed two capital-raising phases, expanding its share base to 63.17 billion units and surpassing the CBN’s N500 billion minimum threshold for international banking licence holders. No dividend was declared for FY 2025.
Analyst opinions remain divided, with Capital Bancorp, Afrinvest, Meristem, CardinalStone, and others recommending a buy, while PAC Research advises selling and FutureView and BlueMarina maintain a hold rating.
NEWS NOW:
