Tuesday, August 4, 2026

Fidelity Bank records 45.6% growth in gross earnings

Fidelity Bank Plc recorded gross earnings of N1.52 trillion in 2025, a 45.6 per cent increase from N1.04 trillion in 2024, according to its audited financial statements.

• May 12, 2026
Dr. Nneka Onyeali-Ikpe (OON
Dr. Nneka Onyeali-Ikpe (OON

Fidelity Bank Plc recorded gross earnings of N1.52 trillion in 2025, a 45.6 per cent increase from N1.04 trillion in 2024, according to its audited financial statements.

The bank, in results published on the Nigerian Exchange (NGX) portal, said the performance reflected its overall growth across business segments.

A profit after tax of N242.4 billion was recorded during the period, supported by a 38.7 per cent year-on-year increase in interest income to N1.11 trillion from N803.1 billion in 2024.

Fidelity Bank also reported a 44.7 per cent rise in fees and commission income, from N78.4 billion in 2024 to N113.4 billion in 2025.

It said total assets in 2025 stood at N10.46 trillion, representing an 18.6 per cent increase from the N8.82 trillion recorded in 2024.

Deposits increased by 16.1 per cent to N6.89 trillion, from N5.94 trillion in 2024. However, net loans and advances fell by 2.4 per cent to N4.28 trillion from N4.39 trillion, as customers repaid maturing loans.

The bank added that its capital position was strengthened during the period, as eligible capital rose to N561 billion, above the N500 billion capital requirement for banks with international authorisation.

“In addition, capital adequacy remained robust, with a capital adequacy ratio of 30.94 per cent as at 31 December 2025 (FY 2024: 23.47 per cent),” it said.

Fidelity has over 9.1 million customers and 255 business offices across Nigeria and its United Kingdom subsidiary, FidBank UK Limited.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Ebola patients

Africa

Ebola: DRC, health partners to open new treatment centre

WHO said the current outbreak is now the largest recorded Ebola virus disease outbreak in the country. 

Patrick Lumumba

NationWide

Lumumba urges Nigeria to embrace technology, research for growth

He urged Delta state and Nigeria to learn from global best practices. 

Osun governor, Ademola Adeleke

States

I will be re-elected governor if Osun election is free, fair: Adeleke 

Mr Adeleke also urged the electorate to come out en masse on election day and vote for him.

Kano Governor Abba Kabir Yusuf (Credit: Facebook)

States

Gov. Yusuf inaugurates Kano disease control centre

The governor urged health officials to ensure the judicious utilisation of the facility. 

States

Lokoja ultra modern market will transform commerce in Nigeria, says Kogi govt 

He described the project as one of the flagship initiatives of Governor Ahmed Ododo’s administration.