Fidelity Bank Plc has announced a robust 45.6% increase in gross earnings for the 2025 financial year, rising from N1.04 trillion in 2024 to N1.52 trillion. This growth reflects stronger topline momentum across the group's core business segments.
Profit and Income Highlights
The group recorded a profit after tax (PBT) of N242.4 billion. The performance was underpinned by a 38.7% year-on-year increase in interest and similar income, which rose to N1.11 trillion from N803.1 billion in 2024. Additionally, the bank achieved a 44.7% year-on-year growth in fees and commission income, reaching N113.4 billion.
Balance Sheet Strength
On the balance sheet, total assets expanded by 18.6% year on year to N10.46 trillion. Customer deposits increased by 16.1% year on year to N6.89 trillion. However, net loans and advances declined by 2.4% year on year to N4.28 trillion, as customers paid down mature obligations.
Capital Position
The bank also strengthened its capital position during the period. Eligible capital rose to N561 billion, comfortably above the regulatory minimum of N500 billion for banks with international authorisation. The capital adequacy ratio remained robust at 30.94%, underscoring the bank's financial stability and compliance with regulatory requirements.
These results demonstrate Fidelity Bank's continued growth trajectory and its ability to generate strong returns across its business lines. The increase in gross earnings and profit after tax highlights the bank's effective strategy in expanding its income streams while maintaining a solid capital base.
