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Financial result: Fidelity Bank reports profits of 366.1 billion naira

25/11/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Fidelity Bank Plc recently released its statements unaudited financial statements for the third quarter ended September 30 last. The company reported gross profits of $366.1 billion. nairas.

The statements published on the Nigerian Exchange Group (ngx ) November 21 mention that the gross receipts of 366.1 billion naira represent an increase of eight percent compared to 338.9 billion of nairas recorded in the third quarter of 2024.

This growth was fuelled by revenue solid interests and a sustained dynamic in commission income.

Interest income, calculated using the method of effective interest rates increased by 33% to reach 285.6 billion naira in the third quarter of 2025, compared to 214.7 billion naira in third quarter 2024.

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