By Comfort Osaretin
Fidelity Bank Plc has announced gross earnings of N748.7 billion for the half-year ended 30 June 2025 (H1 2025), marking a 46% increase from N512.9 billion recorded during the same period in 2024. The financial results, uploaded on the Nigerian Exchange Limited (NGX), show strong performance across key metrics.
Net Interest Income (NII) rose to N420.4 billion from N326.4 billion in H1 2024, while customer deposits grew to N7.2 trillion, up from N5.9 trillion in FY 2024. The bank’s Net Revenue also increased to N444.4 billion, compared to N396.8 billion in H1 2024.
Fidelity Bank continues to expand its digital banking footprint, enhance customer experience, and support critical sectors of the economy. The bank’s loan book grew significantly, with net loans and advances reaching N4.9 trillion, up from N4.4 trillion in FY 2024, reflecting its ongoing 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 capitalize on growth opportunities. With a strong liquidity profile and robust governance framework, Fidelity Bank is well-positioned for continued success.
Ranked among Nigeria’s leading commercial banks, Fidelity Bank Plc serves over 9.1 million customers through its digital banking channels, 255 business offices in Nigeria, and its UK subsidiary, FidBank UK Limited.
The bank has earned numerous local and international awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards.
