Fidelity Bank Assets Surge to N10.46 Trillion in FY2025

Fidelity Bank's financial results for the full year 2025 revealed total assets of N10.46 trillion, an 18.6% increase from N8.82 trillion in 2024, marking the highest asset level in 15 years. The growth was attributed to improved investment securities and stronger liquidity.

The bank's liquid buffer rose significantly, with cash and cash equivalents increasing by 87% to N1.32 trillion. The bank's liquid ratio stood at 66.5%, exceeding the regulatory minimum of 30%.

Net interest income grew by 41.2% to N809.74 billion, with a net interest margin improvement to 12.3%. However, profit declined by 9.7% to N347.7 billion due to derivative losses of N223.8 billion.

Despite this, the bank's UK subsidiary recorded positive operational profit, contributing to the overall profit. Asset categories showed significant growth, with property, plant, and equipment increasing by 161.6%.