Fidelity Bank Grows Gross Earnings by 45.6% to N1.52 Trillion in 2025

Fidelity Bank Plc reported a strong financial performance for the 2025 financial year, with gross earnings rising by 45.6 percent to N1.52 trillion, according to its audited results published on the Nigerian Exchange Limited.

The figure represents a significant increase from the N1.04 trillion recorded in 2024 and underscores the bank’s continued expansion across its core business segments.

Profit after tax for the year stood at N242.4 billion, supported by robust growth in both interest and non-interest income. Interest income rose by 38.7 percent year-on-year to N1.11 trillion, up from N803.1 billion in 2024, while fees and commission income increased by 44.7 percent to N113.4 billion from N78.4 billion.

The bank’s balance sheet also expanded during the year. Total assets grew by 18.6 percent to N10.46 trillion, compared with N8.82 trillion in 2024. Customer deposits climbed by 16.1 percent to N6.89 trillion from N5.94 trillion, reflecting stronger customer confidence and increased business activity.

Net loans and advances, however, declined slightly by 2.4 percent to N4.28 trillion from N4.39 trillion, which the bank attributed to repayments of maturing loan facilities.

Fidelity Bank said its capital position remained well above regulatory requirements. Eligible capital rose to N561 billion, exceeding the N500 billion minimum capital threshold set for banks with international authorisation.

Its capital adequacy ratio also improved significantly to 30.94 percent as of December 31, 2025, compared with 23.47 percent a year earlier, indicating a stronger buffer to support future growth.

Led by Managing Director and Chief Executive Officer Nneka Onyeali-Ikpe, Fidelity Bank serves more than 9.1 million customers through 255 business offices across Nigeria and its United Kingdom subsidiary, FidBank UK Limited.

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