Fidelity Bank Plc has posted strong financial results for the third quarter ended September 30, 2025, highlighting growth across key revenue streams and operational metrics.
According to the unaudited statements released on the Nigerian Exchange Group (NGX) portal on November 21, 2025, the Bank recorded Gross Earnings of ₦366.1 billion for Q3 2025, up 8 percent from ₦338.9 billion in the same period of 2024. The growth was primarily driven by higher interest income and sustained fee-based revenue momentum.
Interest Income, calculated using the effective interest rate method, rose by 33 percent to ₦285.6 billion, compared with ₦214.7 billion in Q3 2024. Other Interest Income more than doubled, surging from ₦13.0 billion to ₦34.2 billion, reflecting enhanced returns from non-core lending activities.
Year-to-date, Fidelity Bank achieved a milestone by surpassing ₦1.1 trillion in Gross Earnings, marking the highest in its history. This represents a significant increase from ₦772.5 billion in Q3 2024.
The Bank’s total assets also crossed the ₦10 trillion mark, buoyed by robust growth in cash holdings, customer loans, and investment securities, compared to ₦8.8 trillion in Q3 2024.
Net Interest Income for the nine-month period reached ₦565.3 billion, while fee and commission income totaled ₦84.5 billion, up from ₦470.5 billion and ₦56.3 billion respectively in Q3 2024.
Credit Loss Expenses fell sharply to ₦900 million from ₦32.8 billion in Q3 2024, underscoring improved asset quality and effective risk management. Despite this, Net Interest Income remained relatively flat at ₦144.8 billion, compared to ₦143.7 billion in Q3 2024.
Fee and Commission Income surged 47.2 percent to ₦31.1 billion, up from ₦21.1 billion in Q3 2024, driven by higher transaction volumes and accelerated digital banking adoption.
Foreign currency revaluation gains contributed ₦14.1 billion to Non-Interest Revenue, while other Operating Income increased to ₦1.1 billion from ₦447 million in Q3 2024.
Fidelity Bank’s Q3 2025 performance reflects both strong operational execution and strategic investments in digital banking, positioning the institution for continued growth in Nigeria’s dynamic banking sector.
