Fidelity Bank Reports 46% Surge in H1’25 Earnings to N748.7 Billion Amid Strong Digital Growth

Fidelity Bank Plc has announced a remarkable 46% increase in gross earnings for the first half of 2025 (H1’25), reaching N748.7 billion, up from N512.9 billion in the same period last year, according to results filed on the Nigerian Exchange Limited (NGX).

The bank’s half-year financials highlight solid performance across key metrics. Net Interest Income rose to N420.4 billion from N326.4 billion in H1’24, while customer deposits expanded to N7.2 trillion from N5.9 trillion recorded in 2024. Net revenue also increased to N444.4 billion, up from N396.8 billion in the previous year.

Fidelity Bank continues to deepen its digital banking presence and enhance customer experience. Its loan portfolio grew to N4.9 trillion from N4.4 trillion in FY 2024, reflecting heightened support for businesses and individuals. Asset quality remained stable, with non-performing loans maintained within acceptable levels.

The bank’s strategic capital raising efforts have bolstered its financial strength, positioning it to meet new regulatory requirements and pursue further growth opportunities. Its robust liquidity and governance framework provide a solid foundation for continued success in the Nigerian banking sector.

Serving over 9.1 million customers through 255 business offices across Nigeria and its UK subsidiary, FidBank UK Limited, Fidelity Bank is widely regarded as one of Nigeria’s leading commercial banks. The institution has earned multiple awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award from the BusinessDay Banks and Financial Institutions (BAFI) Awards.