Fidelity Bank Reports 45% Earnings Growth in 2025

Fidelity Bank Plc announced a 45% increase in gross earnings for the 2025 financial year, totaling N1.5 trillion, up from N1.04 trillion in 2024. The bank's net interest income rose to N831.3 billion, compared to N629.7 billion in the previous year, indicating enhanced earning capacity amid elevated interest rates.

Interest income from earning assets grew to N1.11 trillion, a 38.7% increase from N803.05 billion in 2024. Non-interest revenue also performed strongly, with a 44.7% increase to N113.36 billion, driven by various fees.

The bank's asset quality improved, with credit loss expenses moderating to N21.61 billion, a 61.7% improvement year-on-year. Fidelity Bank's investment assets expanded significantly, with debt instruments rising to N1.97 trillion.

The balance sheet showed a sharp increase in cash and cash equivalents, indicating a stronger liquidity position. Overall, the bank's robust results reflect its strategic focus on digital banking and customer experience enhancement.