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Home Business News

Fidelity Bank releases Q3 2018 results

Onome Ohwovoriole by Onome Ohwovoriole
October 26, 2018
in Business News
CBN / Fidelity Bank Plc,
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Fidelity Bank Plc has released its results for the third quarter ended September 30, 2018. Here are key highlights of the results.

Gross Earnings

Gross Earnings increased N130 billion in 2017 to N139 billion in 2018. This amounts to a 6.9% year on year.

Profit Before Tax

Profit before tax increased from N16.2 billion in 2017 to N20.6 billion in 2018. This amounts to a 23.4% year on year.

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Profit After Tax

Profit after tax increased from N14.4 billion in 2017 to N17.8 billion in 2018. This amounts to a 23.6% year on year.

Earnings Per Share 

Earnings per Share increased from N0.50 in 2017 to N0.62 in 2018. This amounts to a 24% increase year on year.

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Current Share Price 

Fidelity Bank closed at N2 in yesterday’s trading session. The result was released after trading hours.

DOWNLOAD FIDELITY BANK Q3 2018 RESULTS

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