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.
See Summary of result below..
| FIDELITY BANK Q3 2015 | Sep-15 | Sep-14 | % Change |
| N’m | N’m | ||
| Net Interest Income | 40,605 | 36,658 | 10.77% |
| Commision Fees & Other Income | 13,650 | 13,492 | 1.17% |
| Operating Expenses | -44,756 | -40,473 | 10.58% |
| Pre-tax profits | 13,789 | 13,389 | 2.99% |
| Profit After Tax | 11,445 | 11,247 | 1.76% |
| Share Price(as at press time) | 1.41 |
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