UBA ads

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.

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.


Current Share Price 

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


Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.