Financial Ratios Fidelity Bank Plc

Equities

FIDELITYBK

NGFIDELITYB5

Banks

End-of-day quote Nigerian S.E. Other stock markets 05/06/2026			5-day change	1st Jan Change
20.70 ^NGN	+3.50%		-2.36%	+8.95%

05-25	Fidelity Bank Plc Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
05-21	Fidelity Bank Plc, 2025 Earnings Call, May 21, 2026

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Published financial data: FIDELITY BANK PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	187B	278B	434B	803B	1,114B
Interest Income On Investments	16.78B	17.17B	25.52B	148B	185B
Interest Income, Total	204B	296B	460B	951B	1,299B
Interest On Deposits	109B	143B	182B	321B	467B
Interest Expense, Total	109B	143B	182B	321B	467B
Net Interest Income	94.88B	153B	277B	630B	831B
Income From Trading Activities	-	-	-	-	-
Gain (Loss) on Sale of Loans	-	-	-	-	988M
Gain (Loss) on Sale of Assets	69M	-56M	49M	63M	97M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	-4.9B	-1.57B	24.78B	721M	2.74B
Total Other Non Interest Income	38.52B	28.83B	84.44B	143B	-22.58B
Non Interest Income, Total	33.68B	27.21B	109B	143B	-18.75B
Revenues Before Provison For Loan Losses	129B	180B	387B	773B	813B
Provision For Loan Losses	7.04B	5.44B	67.44B	56.44B	21.61B
Total Revenues	122B	174B	319B	717B	791B
Salaries And Other Employee Benefits	23.47B	29.73B	52.62B	73.45B	80.56B
Occupancy Expense	7.17B	6.62B	7.04B	12.98B	27.49B
Selling General & Admin Expenses, Total	3.6B	5.78B	8.48B	13.71B	11.49B
Total Other Non Interest Expense	49.21B	78.65B	127B	229B	324B
Non Interest Expense, Total	83.46B	121B	195B	329B	443B
EBT, Excl. Unusual Items	38.07B	53.68B	124B	388B	348B
Impairment of Goodwill	-	-	-	-2.35B	-
EBT, Incl. Unusual Items	38.07B	53.68B	124B	385B	348B
Income Tax Expense	2.49B	6.95B	24.81B	107B	105B
Earnings From Continuing Operations	35.58B	46.72B	99.45B	278B	242B
Net Income to Company	35.58B	46.72B	99.45B	278B	242B
Net Income - (IS)	35.58B	46.72B	99.45B	278B	242B
Net Income to Common Incl Extra Items	35.58B	46.72B	99.45B	278B	242B
Net Income to Common Excl. Extra Items	35.58B	46.72B	99.45B	278B	242B
Per Share Items
Net EPS - Basic	1.23	1.61	3.11	6.65	4.83
Basic EPS - Continuing Operations	1.23	1.61	3.11	6.65	4.83
Basic Weighted Average Shares Outstanding	28.96B	28.96B	32B	41.8B	50.2B
Net EPS - Diluted	1.23	1.61	3.11	6.65	4.83
Diluted EPS - Continuing Operations	1.23	1.61	3.11	6.65	4.83
Diluted Weighted Average Shares Outstanding	28.96B	28.96B	32B	41.8B	50.2B
Normalized Basic EPS	0.82	1.16	2.43	5.8	4.33
Normalized Diluted EPS	0.82	1.16	2.43	5.8	4.33
Dividend Per Share	0.35	0.5	0.85	2.1	-
Payout Ratio	17.91	28.81	20.91	16.68	25.88
Supplemental Items
Effective Tax Rate - (Ratio)	6.53	12.95	19.96	27.8	30.26
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	625M	4.68B	20.3B	82.42B	115B
Total Deferred Taxes	-	323M	28M	-2.66B	-33.82B
Normalized Net Income	23.79B	33.55B	77.66B	242B	217B
Non-Cash Pension Expense	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	219B	300B	364B	707B	1,323B
Investment Securities, Total	469B	395B	972B	1,679B	2,630B
Trading Asset Securities, Total	54.78B	6.81B	18.41B	55.41B	7.58B
Total investments	524B	401B	990B	1,734B	2,637B
Gross Loans	1,743B	2,197B	3,236B	4,584B	4,502B
Allowance For Loan Losses	-74.13B	-80.55B	-144B	-196B	-219B
Other Adjustments to Gross Loans	-10.18B	-70M	-53M	-1.41B	-1.83B
Net Loans	1,658B	2,116B	3,092B	4,387B	4,282B
Gross Property Plant And Equipment	-	76.26B	87.14B	130B	-
Accumulated Depreciation	-	-31.8B	-36.49B	-48.81B	-
Net Property Plant And Equipment	40.92B	44.46B	50.65B	81.63B	207B
Goodwill	-	-	14.65B	11.44B	10.56B
Other Intangibles, Total	3.97B	4.02B	5.56B	20.38B	50.44B
Other Receivables	38.26B	98.99B	382B	126B	234B
Restricted Cash	686B	863B	1,174B	1,586B	1,651B
Other Current Assets, Total	13.46B	5.26B	8.84B	18.45B	27.24B
Deferred Tax Assets Long-Term (Collected)	-	5.31B	22.55B	5.3B	33.1B
Other Long-Term Assets, Total	105B	150B	129B	143B	8.5B
Total Assets	3,289B	3,989B	6,235B	8,822B	10,464B
Liabilities
Accounts Payable, Total	21.14B	203B	391B	462B	627B
Accrued Expenses, Total	1.01B	3.16B	12.06B	7.68B	4.56B
Interest Bearing Deposits	1,388B	1,718B	2,363B	4,181B	4,899B
Non-Interest Bearing Deposits	637B	862B	1,652B	1,756B	1,992B
Total Deposits	2,025B	2,581B	4,015B	5,937B	6,891B
Short-Term Borrowings	22.45B	1.21B	-	-	194B
Current Portion of Long-Term Debt	839M	55.43B	357B	201B	779B
Long-Term Debt	446B	206B	220B	729B	110B
Long-Term Leases	-	525M	2.41B	3.08B	2.22B
Current Income Taxes Payable	3.9B	8.45B	26.84B	114B	139B
Other Current Liabilities - (Bank / Utility Template)	54.84B	61.48B	53.23B	7.81B	8.02B
Deferred Tax Liability Non-Current	-	5.63B	22.9B	727M	-
Other Non Current Liabilities	417B	549B	697B	462B	620B
Total Liabilities	2,992B	3,675B	5,797B	7,924B	9,376B
Common Stock, Total	14.48B	14.48B	16B	25.1B	25.1B
Additional Paid In Capital	101B	101B	114B	280B	280B
Retained Earnings	147B	169B	247B	479B	659B
Comprehensive Income and Other	34.64B	30.02B	60.36B	113B	123B
Total Common Equity	298B	314B	437B	898B	1,088B
Total Equity	298B	314B	437B	898B	1,088B
Total Liabilities And Equity	3,289B	3,989B	6,235B	8,822B	10,464B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	28.96B	28.96B	32B	50.2B	63.17B
ECS Total Common Shares Outstanding	28.96B	28.96B	32B	50.2B	50.2B
Book Value / Share	10.28	10.85	13.67	17.89	21.67
Tangible Book Value	294B	310B	417B	866B	1,027B
Tangible Book Value Per Share	10.14	10.72	13.03	17.25	20.45
Total Debt	469B	263B	579B	933B	1,086B
Deposits at Interest - Cash	176B	267B	343B	672B	1,300B
Net Debt	195B	-43.96B	197B	170B	-245B
Full Time Employees	2.97K	3.04K	3.06K	3.13K	3.47K
Number Of Offices	251	251	251	251	251

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	35.58B	46.72B	99.45B	278B	242B
Depreciation, Depletion & Amortization	3.96B	4.42B	5.36B	8.42B	17.99B
Total Depreciation, Depletion & Amortization	3.96B	4.42B	5.36B	8.42B	17.99B
Amortization of Deferred Charges, Total	3.22B	2.19B	1.69B	4.56B	9.5B
(Gain) Loss On Sale of Asset - (CF)	-69M	56M	-49M	-63M	-97M
(Gain) Loss on Sale of Investments - (CF)	-10.55B	905M	-22.22B	-59.86B	222B
Total Asset Writedown	73M	-297M	-4M	2.35B	-
Provision for Credit Losses	5.95B	6.43B	65.43B	56.13B	23.12B
Change in Trading Asset Securities	-6.21B	47.18B	-17.36B	49.07B	49.13B
Changes in Accrued Interest Payable	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-488B	-334B	-1,112B	-1,536B	17.97B
Other Operating Activities	19.29B	-22.1B	39.53B	206B	-173B
Cash from Operations	-437B	-248B	-940B	-992B	409B
Capital Expenditure	-4.35B	-6.77B	-9.47B	-37.96B	-138B
Sale of Property, Plant, and Equipment	145M	118M	87M	251M	795M
Cash Acquisitions	-	-	-40.84B	-	-
Purchase / Sale of Intangible Assets	-	-2.25B	-2.85B	-19.02B	-42.22B
Sale (Purchase) of Real Estate Properties (Collected)	-	-355M	-63M	-494M	-4.84B
Investment in Marketable and Equity Securities, Total	-161B	45.66B	-544B	-576B	-576B
Other Investing Activities, Total	237M	397M	2.02B	742M	934M
Cash from Investing	-165B	36.81B	-595B	-633B	-759B
Long-Term Debt Issued, Total	227B	-	130B	299B	177B
Total Debt Issued	227B	-	130B	299B	177B
Long-Term Debt Repaid, Total	-30.28B	-214B	-15.58B	-209B	-164B
Total Debt Repaid	-30.28B	-214B	-15.58B	-209B	-164B
Issuance of Common Stock	-	-	-	176B	227B
Common Dividends Paid	-6.37B	-13.46B	-20.8B	-46.4B	-62.75B
Common & Preferred Stock Dividends Paid	-6.37B	-13.46B	-20.8B	-46.4B	-62.75B
Net Increase (Decrease) in Deposit Accounts - (CF)	320B	546B	1,464B	1,754B	937B
Other Financing Activities, Total	-29.3B	-28.62B	-2.84B	-37.14B	-59.13B
Cash from Financing	480B	290B	1,554B	1,936B	1,054B
Foreign Exchange Rate Adjustments	11.56B	2.68B	44.09B	32.37B	-87.86B
Miscellaneous Cash Flow Adjustments	-	-	-1M	-	779M
Net Change in Cash	-109B	81.09B	63.83B	343B	617B
Supplemental Items
Cash Interest Paid	113B	159B	187B	373B	597B
Cash Income Tax Paid (Refund)	581M	1.71B	6.28B	22.64B	92.16B
Net Debt Issued / Repaid	196B	-214B	114B	89.42B	12.29B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.18	1.29	1.95	3.69	2.51
Return On Equity %	12.46	15.58	26.46	41.66	24.42
Return on Common Equity	12.46	15.58	26.46	41.66	24.42
Shareholders Value Added	1.3B	10.74B	54.35B	198B	123B
Margin Analysis
SG&A Margin	25.22	21.06	18.74	12.07	13.66
Net Interest Income / Total Revenues %	78.07	87.52	86.89	87.87	105.1
EBT Excl. Non-Recurring Items Margin %	31.32	30.77	38.93	54.08	43.95
Income From Continuing Operations Margin %	29.28	26.78	31.16	38.8	30.65
Net Income Margin %	29.28	26.78	31.16	38.8	30.65
Net Avail. For Common Margin %	29.28	26.78	31.16	38.8	30.65
Normalized Net Income Margin	19.58	19.23	24.33	33.8	27.47
Asset quality
Nonperforming Loans / Total Loans %	2.88	2.94	3.48	3.08	2.38
Nonperforming Loans / Total Assets %	1.53	1.62	1.81	1.6	1.03
Nonperforming Assets / Total Assets %	1.53	1.62	1.81	1.6	1.03
NPAs / Loans and OREO	2.88	2.94	3.48	3.08	2.38
NPAs / Equity	16.85	20.56	25.79	15.74	9.86
Allowance for Credit Losses / Net Charge-offs %	-1.42K	-2.66K	679.91	1.6K	302.97
Allowance for Credit Losses / Nonperforming Loans %	147.75	124.6	127.65	138.39	203.95
Allowance for Credit Losses / Total Loans %	4.25	3.67	4.45	4.27	4.86
Provision for Loan Losses / Net Charge-offs %	-134.93	-179.46	318.47	460.82	29.93
Capital And Funding
Total Average Common Equity / Total Average Assets %	9.45	8.25	7.35	8.87	10.3
Total Average Equity / Total Average Assets %	9.45	8.25	7.35	8.87	10.3
Total Equity + Allowance for Loan Losses / Total Loans %	21.34	17.98	17.96	23.85	29.02
Gross Loans / Total Deposits %	86.07	85.13	80.61	77.21	65.34
Net Loans / Total Deposits %	81.9	82	77.03	73.89	62.14
Tier 1 Capital Ratio %	15.16	13.67	11.27	19.52	11.99
Total Capital Ratio %	20.11	18.14	16.17	23.47	16.21
Tier 2 Capital Ratio	4.95	4.47	4.9	3.95	4.22
Coverage Ratio	147.75	124.6	127.65	138.39	203.95
Interbank Ratio	150.35	347.9	149.02	330.42	480.91
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	1.35	1.38	1.68	2.2	1.74
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	-8.88	60.94	81.65	127.05	32.01
Non Interest Income, 1 Yr. Growth %	37.91	-19.22	301.6	31.2	-113.08
Provision For Loan Losses, 1 Yr. Growth %	-58.27	-22.62	1.14K	-16.3	-61.71
Total Revenues, 1 Yr. Growth %	8.81	43.56	82.96	124.53	10.37
Earnings From Cont. Operations, 1 Yr. Growth %	33.5	102.23	112.85	179.63	-12.82
Net Income, 1 Yr. Growth %	33.5	102.23	112.85	179.63	-12.82
Normalized Net Income, 1 Yr. Growth %	35.69	112.88	131.5	211.9	-10.3
Diluted EPS Before Extra, 1 Yr. Growth %	33.5	102.23	92.65	113.94	-27.41
Dividend Per Share, 1 Yr. Growth %	59.09	42.86	70	147.06	-
Gross Loans, 1 Yr. Growth %	24.74	26.06	47.32	41.64	-1.79
Allowance For Loan Losses, 1 Yr. Growth %	9.79	8.66	78.74	35.87	11.84
Net Loans, 1 Yr. Growth %	25.06	27.6	46.13	41.87	-2.4
Non Performing Loans, 1 Yr. Growth %	-5.42	28.84	74.47	25.32	-24.11
Non Performing Assets, 1 Yr. Growth %	-5.42	28.84	74.47	25.32	-24.11
Total Assets, 1 Yr. Growth %	19.26	21.6	56.3	41.49	18.61
Total Deposits, 1 Yr Growth %	19.17	27.45	55.58	47.88	16.07
Tangible Book Value, 1 Yr. Growth %	8.71	10.31	34.4	107.04	18.54
Common Equity, 1 Yr. Growth %	8.86	10.19	39.11	105.32	21.13
Total Equity, 1 Yr. Growth %	8.86	10.19	39.11	105.32	21.13
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	6.88	21.1	70.98	103.09	73.13
Non Interest Income, 2 Yr. CAGR %	18.47	5.55	80.12	129.54	-58.58
Provision For Loan Losses, 2 Yr. CAGR %	15.3	-43.18	209.63	222.02	-43.39
Total Revenues, 2 Yr. CAGR %	4	24.98	62.07	102.68	57.42
Earnings From Cont. Operations, 2 Yr. CAGR %	11.88	32.41	107.48	143.97	56.13
Net Income, 2 Yr. CAGR %	11.88	32.41	107.48	143.97	56.13
Normalized Net Income, 2 Yr. CAGR %	11.99	38.32	121.99	168.71	67.27
Diluted EPS Before Extra, 2 Yr. CAGR %	11.88	32.41	97.39	103.08	24.62
Dividend Per Share, 2 Yr. CAGR %	32.29	50.76	55.84	104.94	-
Gross Loans, 2 Yr. CAGR %	21.58	25.4	36.28	44.45	17.95
Allowance For Loan Losses, 2 Yr. CAGR %	20.08	9.22	39.36	55.83	23.27
Net Loans, 2 Yr. CAGR %	21.31	26.33	36.55	43.98	17.67
Non Performing Loans, 2 Yr. CAGR %	13.96	10.39	49.93	47.87	-2.48
Non Performing Assets, 2 Yr. CAGR %	13.96	10.39	49.93	47.87	-2.48
Total Assets, 2 Yr. CAGR %	24.74	20.26	37.86	48.71	29.55
Total Deposits, 2 Yr CAGR %	28.55	23.24	40.81	51.68	31.01
Tangible Book Value, 2 Yr. CAGR %	12.44	7.16	21.76	67.05	56.66
Common Equity, 2 Yr. CAGR %	12.8	7.2	23.81	69	57.7
Total Equity, 2 Yr. CAGR %	12.8	7.2	23.81	69	57.7
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	8.95	22.5	38.62	87.93	75.92
Non Interest Income, 3 Yr. CAGR %	6.26	4.27	64.78	62.06	-11.67
Provision For Loan Losses, 3 Yr. CAGR %	18.62	0.94	58.74	100.2	58.35
Total Revenues, 3 Yr. CAGR %	7.72	15.8	41.91	80.67	65.51
Earnings From Cont. Operations, 3 Yr. CAGR %	15.78	18.02	55.11	129.18	73.12
Net Income, 3 Yr. CAGR %	15.78	18.02	55.11	129.18	73.12
Normalized Net Income, 3 Yr. CAGR %	14.91	20.93	64.23	148.64	86.4
Diluted EPS Before Extra, 3 Yr. CAGR %	15.78	18.02	50.04	102.8	44.12
Dividend Per Share, 3 Yr. CAGR %	16.74	35.72	56.92	81.71	-
Gross Loans, 3 Yr. CAGR %	24.33	23.06	32.32	38.04	27.02
Allowance For Loan Losses, 3 Yr. CAGR %	9.32	16.14	28.71	38.18	39.52
Net Loans, 3 Yr. CAGR %	24.96	23.37	32.61	38.3	26.48
Non Performing Loans, 3 Yr. CAGR %	-0.93	18.72	28.58	41.23	18.39
Non Performing Assets, 3 Yr. CAGR %	-0.93	18.72	28.58	41.23	18.39
Total Assets, 3 Yr. CAGR %	24.13	23.57	31.24	39.06	37.91
Total Deposits, 3 Yr CAGR %	27.39	28.18	33.2	43.13	38.73
Tangible Book Value, 3 Yr. CAGR %	14.97	10.12	15.56	45.47	49
Common Equity, 3 Yr. CAGR %	15.27	10.34	16.93	46.55	51.24
Total Equity, 3 Yr. CAGR %	15.27	10.34	16.93	46.55	51.24
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	8.91	17.51	30.47	49.96	51.51
Non Interest Income, 5 Yr. CAGR %	6.19	-1.37	31.23	42.97	-5.15
Provision For Loan Losses, 5 Yr. CAGR %	-4.1	-13.62	74.11	60.54	5.09
Total Revenues, 5 Yr. CAGR %	9.22	15.2	26.84	44.86	47.92
Earnings From Cont. Operations, 5 Yr. CAGR %	29.59	21.33	34.11	57.8	55.52
Net Income, 5 Yr. CAGR %	29.59	21.33	34.11	57.8	55.52
Normalized Net Income, 5 Yr. CAGR %	27.62	22.81	37.71	66.43	65.44
Diluted EPS Before Extra, 5 Yr. CAGR %	29.59	21.33	31.46	46.64	39.32
Dividend Per Share, 5 Yr. CAGR %	20.11	35.37	31.04	60.04	-
Gross Loans, 5 Yr. CAGR %	18.54	22.52	28.98	31.21	26.37
Allowance For Loan Losses, 5 Yr. CAGR %	24.56	24.83	20.47	30.63	26.51
Net Loans, 5 Yr. CAGR %	18.21	22.45	29.48	31.24	26.42
Non Performing Loans, 5 Yr. CAGR %	8.58	8.33	16.93	29.62	15.12
Non Performing Assets, 5 Yr. CAGR %	8.58	8.33	16.93	29.62	15.12
Total Assets, 5 Yr. CAGR %	20.44	23.66	29.38	33.07	30.56
Total Deposits, 5 Yr CAGR %	20.62	27.19	32.6	37.11	32.32
Tangible Book Value, 5 Yr. CAGR %	9.74	9.1	16.62	30.1	30.59
Common Equity, 5 Yr. CAGR %	9.94	9.32	17.6	30.85	31.79
Total Equity, 5 Yr. CAGR %	9.94	9.32	17.6	30.85	31.79