• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Fidelity Bank Plc records 20.2% profit growth in nine months 

Emmanuel Abara Benson by Emmanuel Abara Benson
October 29, 2019
in Business News, Company News, Company Results
Fidelity Bank Plc

Nnamdi Okonkwo, CEO, Fidelity Bank

Share on FacebookShare on TwitterShare on Linkedin

As the earnings season continues, Fidelity Bank Plc, earlier today, joined the list of companies that are disclosing their financial reports for the past three quarters of 2019. The company’s condensed unaudited financial statements for the nine months period have shown that the company performed positively for the most part of the year. See the breakdown below.

Gross Earnings: The company’s gross earnings for the period is N161 billion which is indicative of a 15.9% growth compared to N139 billion during the comparable period last year.

Net Interest Income: This merely increased by 0.13% to N58.2 billion, up from N58.1 billion as at September 2018.

RelatedStories

Adverse effects of high-interest rate spreads on the Nigerian economy

Fidelity Bank to exit CBN forbearance June 30, paving way for 2025 dividend payout 

June 19, 2025
AGF launches Joint Case team on cybercrime, targets offenders across the country

AGF clarifies discontinuance of alleged fraud charges against Fidelity Bank CEO Nneka Onyeali-Ikpe 

June 9, 2025

[READ MORE: Lafarge Africa’s latest earnings report shows 8.5% decline in gross profit]

Profit before income tax for the period is N23 billion compared to N20 billion for the first three quarters of 2018. There was a 14.7% increase.

In the same vein, profit for the period increased by 20.2% to N21.5 billion compared to N17.9 billion profit earned by the company in the first nine months of last year.

Earnings per share (basic and diluted) attributable to shareholders was put at N0.74 compared to N0.62 last year.

As always, you may download the full report here.


Follow us for Breaking News and Market Intelligence.
Tags: Fidelity Bank PlcFidelity Bank Plc's financial resultFidelity Bank's unaudited financial statementsOn the Money
Emmanuel Abara Benson

Emmanuel Abara Benson

Emmanuel Abara Benson is an experienced business reporter and editor. He currently edits articles at Nairametrics. Reach him via email on Emmanuel.abara@nairametrics.com and follow him on Twitter @Mr_Abara for his personal opinions.

Related Posts

Adverse effects of high-interest rate spreads on the Nigerian economy
Financial Services

Fidelity Bank to exit CBN forbearance June 30, paving way for 2025 dividend payout 

June 19, 2025
AGF launches Joint Case team on cybercrime, targets offenders across the country
Financial Services

AGF clarifies discontinuance of alleged fraud charges against Fidelity Bank CEO Nneka Onyeali-Ikpe 

June 9, 2025
NGX
Equities

FIDELITY and GTCO lead volume as All-Share Index gains 0.32%; OANDO shines 

June 5, 2025
Adverse effects of high-interest rate spreads on the Nigerian economy
Companies

Fitch upgrades Fidelity Bank’s National Rating to ‘A+(nga)’, affirms long-term IDR at ‘B’

May 30, 2025
Adverse effects of high-interest rate spreads on the Nigerian economy
Financial Services

Fidelity Bank threatens legal remedies over “malicious publication” concerning CEO’s share purchase 

May 24, 2025
Fidelity Bank, Onyeali-Ikpe
Equities

Fidelity Bank CEO Nneka Onyeali-Ikpe buys 18 million shares worth N366.3 million  

May 21, 2025
Next Post
CBN advocates for Made-in-Nigeria goods, CBN injects 18 million Chinese Yuan for importers , CBN domiciliary account

CBN advocates for Made-in-Nigeria goods 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • 10 Lagos hospitals delivering advanced surgeries and challenging outbound medical tourism 
  • Geregu Power reports N13 billion Q2 2025 profit, up 61% YoY, beats Q2 forecast 
  • HealthCap Africa launches HealthTech Unicorns Report 2.0 in Lagos, charts bold future for Africa’s health innovation

Follow us on social media:

Recent News

10 Lagos hospitals delivering advanced surgeries and challenging outbound medical tourism 

10 Lagos hospitals delivering advanced surgeries and challenging outbound medical tourism 

July 12, 2025
Geregu Power PLC wins “Most Compliant Listed Company” at 2024 Made of Africa Awards  

Geregu Power reports N13 billion Q2 2025 profit, up 61% YoY, beats Q2 forecast 

July 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics