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Fidelity Bank grows gross earnings by 46% to N748.7bn

Fidelity Bank MD Mrs Nneka Onyeali Ikpe 2

Fidelity Bank Plc has posted 46 per cent growth in gross earnings, reaching N748.7 billion in the first half ended June 30, 2025.

The bank’s H1 results released on the Nigerian Exchange demonstrated resilience and sustained growth across key performance indicators.

Highlights of the financial results showed that the Bank gross earnings stood at N748.7 billion, up from N512.9 billion in H1 2024; net interest income rose to N420.4 billion, compared to N326.4 billion in H1 2024; and customer deposits grew to N7.2 trillion, from N5.9 trillion in full year 2024.

Similarly, the Bank’s net revenue increased to N444.4 billion, compared to N396.8 billion in H1 2024.

Fidelity Bank continued to expand its digital banking footprint, enhance customer experience, and support key sectors of the economy. The bank’s loan book grew, with net loans and advances expanding to N4.9 trillion, up from N4.4 trillion in full year 2024, reflecting increased support for businesses and individuals. Asset quality remained stable, with non-performing loans well within acceptable limits.

The bank’s capital raising initiatives have further strengthened its financial position, ensuring readiness to meet new regulatory requirements and pursue growth opportunities. Fidelity Bank’s strong liquidity profile and robust governance framework provide a solid foundation for continued success.

Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.