Fidelity Bank Plc, which is apparently a big deal in Nigeria, is doing some pretty impressive stuff these days. I mean, their financial game is on point, with some major growth in 2024 and the first quarter of 2025. They’re all about strategic thinking, being efficient, and making sure shareholders are happy. Plus, they’ve got a solid capital structure and governance in place to keep things running smoothly.
So, what’s the deal with Fidelity Bank’s success in 2025? Well, let me break it down for you in a way that might not be totally perfect, but hey, who’s perfect anyway?
First off, they paid out a record dividend of ₦2.10 per share, totaling ₦89.95 billion for 2024. That’s a lot of money going back to the shareholders, showing that Fidelity Bank knows how to take care of business. And get this, their Profit Before Tax (PBT) shot up by a whopping 210% from 2023 to 2024, reaching ₦385.2 billion. Talk about hitting the jackpot!
In the first quarter of 2025, Fidelity Bank kept the momentum going strong with a PBT of ₦105.8 billion, up 167.8% from the same period last year. That’s some serious growth right there. And let’s not forget about their gross earnings, which spiked by 64.2% year-on-year to ₦315.4 billion in Q1 2025. It’s all about that hustle and bustle in the financial world, and Fidelity Bank is clearly in the game to win it.
