Fidelity Bank Plc has reported a profit after tax (PAT) of N242.4 billion for the 2025 financial year, driven by strong growth in interest income and fees-based earnings.
The bank disclosed this in its audited financial results released on the Nigerian Exchange Limited on Monday.
According to the lender, interest and similar income rose by 38.7 per cent year-on-year to N1.11 trillion, compared to N803.1 billion recorded in 2024.
“Interest and similar income increased by 38.7 percent year-on-year to N1.11 trillion, compared to N803.1 billion in 2024,” the bank stated.
Fidelity Bank Plc also reported that gross earnings climbed by 45.6 per cent to N1.52 trillion in 2025, up from N1.04 trillion in the previous year.
Fees and commission income equally increased significantly by 44.7 per cent to N113.4 billion from N78.4 billion.
On the balance sheet, the bank said total assets expanded by 18.6 per cent to N10.46 trillion from N8.82 trillion recorded in 2024.
Customer deposits also rose by 16.1 per cent to N6.89 trillion, reflecting sustained customer confidence and deposit mobilisation efforts.
However, net loans and advances declined slightly by 2.4 per cent to N4.28 trillion.
The bank attributed the decline in loans and advances to repayments made by customers on matured obligations.
Fidelity Bank further disclosed that its eligible capital rose to N561 billion, exceeding the regulatory minimum requirement of N500 billion for banks with international authorisation.
According to the lender, its Capital Adequacy Ratio (CAR) stood at 30.94 per cent as of December 31, 2025, compared to 23.47 per cent recorded in the previous year.
The bank also stated that it currently serves over 9.1 million customers through its digital banking platforms, 255 business offices across Nigeria, and its United Kingdom subsidiary, FidBank UK Limited.
