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Home Industries 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 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

DOWNLOAD RESULT

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