Fidelity Bank's Gross Earnings Surge 46% in H1 2025 on Strong Interest Income
Fidelity Bank Plc's financial statement for the first half of 2025 shows a significant 46% rise in gross earnings to N748.7 billion compared to N512.9 billion in the same period in 2024. The bank's performance was supported by substantial growth in interest income and foreign currency revaluation gains.
Net interest income increased to N420.4 billion, with non-interest income also contributing positively. However, operational expenses rose, leading to a reduction in profit after tax to N180.5 billion.
Despite challenges, the bank's overall financial performance remained strong.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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