Fidelity Bank Grows Gross Earnings by 45.6% to N1.52tr

In 2025, Fidelity Bank Plc experienced significant growth, with gross earnings increasing by 45.6% to reach N1.52 trillion. This impressive rise was driven by a broad enhancement in core banking incomes.

Key extracts of the audited report and accounts off Fidelity Bank for the year ended December 31, 2025 released yesterday at the Nigerian Exchange (NGX) showed double-digit growths in interest and non-interest incomes as well as key balance sheet items

The report showed that gross earnings rose from N1.04 trillion in 2024 to N1.52 trillion in 2025. Interest and similar incomes had grown by 38.7 per cent from N803.1 billion in 2024 to N1.11 trillion in 2025. Fees and commission incomes also rose by 44.7 per cent from N78.4 billion to N113.4 billion. The bank recorded net profit after tax of N242.4 billion in 2025.

The balance sheet emerged stronger with total assets rising by 18.6 per cent to N10.46 trillion in 2025 as against N8.82 trillion in 2024. Customer deposits increased by 16.1 per cent from N5.94 trillion to N6.89 trillion, reflecting continued franchise strength and an improved funding profile. Net loans and advances meanwhile declined by 2.4 per cent to N4.28 trillion in 2025 as against N4.39 trillion in 2024, attributable to customers paying down on their mature obligations.

The bank also strengthened its capital position during the period, with eligible capital rising to N561 billion, above the regulatory minimum of N500 billion for banks with international authorisation. In addition, capital adequacy remained robust, with Capital Adequacy Ratio of 30.94 per cent by December 2025 as against 23.47 per cent by December 2024.