THIS DAWN — Fidelity Bank Plc has reported a strong financial performance for the half-year ended 30 June 2025, with significant growth across major indicators.
This was disclosed in the bank’s audited results released on the Nigerian Exchange (NGX) on 13 November 2025.
The lender posted gross earnings of ₦748.7 billion, representing a 46% increase compared with the ₦512.9 billion recorded in the corresponding period of 2024.
The growth was driven largely by a strong rise in interest income, which surged to ₦557.9 billion, up from ₦357.9 billion in the first half of 2024.
Fidelity Bank also recorded a steady increase in customer deposits, which grew to ₦7.20 trillion, compared with ₦6.94 trillion in the same period last year.
Low-cost deposits—an important measure of a bank’s ability to attract stable and cheaper funding—rose slightly to ₦4.85 trillion, from ₦4.83 trillion in H1 2024.
According to the financial statement, the bank continued to strengthen its digital banking operations, expand service channels, and enhance customer experience.
These initiatives supported growth in the credit portfolio, as Net Loans and Advances increased to ₦1.69 trillion, up from ₦1.59 trillion recorded in the first half of 2024.
Asset quality remained stable during the period, with non-performing loans maintained within regulatory thresholds.
Fidelity Bank noted that its ongoing capital-raising efforts have bolstered its balance sheet.
It said that this provides enhanced capacity to meet emerging regulatory requirements and seize new growth opportunities.
Leading financial institutions
The bank further stated that its strong liquidity position and governance structures offer a resilient foundation as it continues to grow its market presence.
Fidelity Bank Plc now ranks among Nigeria’s leading financial institutions.
It serves more than 9.1 million customers through a mix of digital channels, 255 physical branches across the country, and its UK subsidiary, FidBank UK Limited.
The bank’s performance has continued to attract recognition from local and international institutions.
In 2024, Fidelity Bank received several industry awards, including:
- the Excellence in Digital Transformation & MSME Banking Award from the BusinessDay Banks and Financial Institutions (BAFI) Awards,
- the Most Innovative Mobile Banking Application award from Global Business Outlook for its Fidelity Mobile App, and,
- the Most Innovative Investment Banking Service Provider award from Global Brands Magazine.
It was also named Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and Export Financing Bank of the Year by BAFI.
With its latest results, Fidelity Bank says it remains committed to supporting economic growth, deepening financial inclusion, and leveraging technology to deliver value to customers and shareholders.
