Fidelity Bank Plc has reported strong financial performance for the 2025 financial year, recording a 45.6 per cent increase in gross earnings to N1.52 trillion, up from N1.04 trillion in 2024.
According to the bank’s audited financial results released on the Nigerian Exchange portal, the lender posted a Profit After Tax of N242.4 billion for the year ended December 31, 2025.
The performance was driven by significant growth in core income lines, with interest and similar income rising by 38.7 per cent year-on-year to N1.11 trillion from N803.1 billion recorded in 2024. Fees and commission income also increased by 44.7 per cent to N113.4 billion, compared to N78.4 billion in the previous year.
The bank’s balance sheet also showed steady expansion during the period. Total assets rose by 18.6 per cent to N10.46 trillion from N8.82 trillion, while customer deposits grew by 16.1 per cent to N6.89 trillion, reflecting improved customer confidence and a stronger funding base.
However, net loans and advances dropped slightly by 2.4 per cent to N4.28 trillion as customers settled matured obligations.
Fidelity Bank further strengthened its capital base during the year, with eligible capital increasing to N561 billion, surpassing the regulatory requirement of N500 billion for banks with international operations. Its Capital Adequacy Ratio also improved significantly to 30.94 per cent, compared to 23.47 per cent recorded in 2024.
The bank currently serves more than 9.1 million customers through its digital banking platforms, 255 business offices across Nigeria, and its United Kingdom subsidiary, FidBank UK Limited.
Fidelity Bank also received several recognitions in 2024, including awards for digital transformation, MSME banking, mobile banking innovation, and investment banking services. The lender was also named Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and Export Financing Bank of the Year at the BusinessDay BAFI Awards.
