Fidelity Bank Plc has reported robust growth in its third-quarter results for 2025, driven by strong interest and fee-based income.
The bank’s unaudited Q3 financial statements, released on the Nigerian Exchange Group (NGX) portal, show Gross Earnings of ₦366.1 billion, up 8% from ₦338.9 billion in Q3 2024. Interest income rose by 33% to ₦285.6 billion, while other interest income more than doubled to ₦34.2 billion.
Fee and commission income also surged, climbing 47% to ₦31.1 billion, reflecting higher transaction volumes and increased adoption of digital banking services.
Net interest income for the quarter remained steady at ₦144.8 billion, supported by improved asset quality and lower credit loss expenses, which fell sharply from ₦32.8 billion in Q3 2024 to just ₦900 million.
Year-to-date, Fidelity Bank’s gross earnings exceeded ₦1.1 trillion, marking a record for the bank.
Total assets surpassed ₦10 trillion, boosted by growth in cash, customer loans, and investment securities. Non-interest revenue was supported by foreign currency revaluation gains of ₦14.1 billion and other operating income of ₦1.1 billion.
The results highlight Fidelity Bank’s continued focus on sustainable growth, enhanced risk management, and leveraging digital banking to expand its revenue base.