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Home Companies Company News

[Corporate Action] Fidelity Bank Posts 1.76% Rise In PAT to N11.4 billion In Q3’2015

Research Team by Research Team
October 30, 2015
in Company News
Here Is What You Need To Know About Fidelity Bank’s Two New Executive Director’s
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Fidelity Bank released its financial results for the nine months ended 31 September 2015.

The result showed that Net interest Income grew by 10.77% from N36.6 billion in Q3’2014 to N40.6 billion in Q3’2015.

Pre-tax Profits also rose by 2.99% from N13.3 billion in Q3’2014 to N13.7 billion in Q3’2015.

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See Summary of result below..

FIDELITY BANK Q3 2015Sep-15Sep-14% Change
N’mN’m
Net Interest Income40,60536,65810.77%
Commision Fees & Other Income13,65013,4921.17%
Operating Expenses-44,756-40,47310.58%
Pre-tax profits13,78913,3892.99%
Profit After Tax11,44511,2471.76%
Share Price(as at press time) 1.41

DOWNLOAD RESULT

Tags: FidelityNews ReviewNigerian Company Results
Research Team

Research Team

The Research Team at Nairametrics meticulously monitors, gathers, curates, and administers an extensive repository of both macroeconomic and microeconomic data originating from Nigeria and across Africa. Utilizing a variety of presentation formats—including documents, tables, and charts—our analysts disseminate key findings through the Nairametrics platform. Additionally, we regularly release insightful, research-driven articles that offer in-depth analyses of economic trends and indicators.

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