Fidelity Bank Plc has reported a 45 percent increase in gross earnings for the 2025 financial year, alongside a major milestone as its shareholders’ funds crossed the N1 trillion mark.
The results, contained in the bank’s audited financial statements for the year ended December 31, 2025 and filed with the Nigerian Exce Limited, reflect strong performance across key income and balance sheet indicators.
The bank recorded gross earnings of N1.5 trillion, up from N1.04 trillion in 2024, driven by growth in interest income, digital banking expansion, and improved non interest revenue.
Net interest income rose to N831.3 billion from N629.7 billion in the previous year, supported by higher interest earning assets and elevated market interest rates. Interest and similar income also increased significantly during the period, reflecting stronger lending and investment activities.
Fee and commission income grew by 44.7 percent to N113.36 billion, driven by increased activity in e banking, letters of credit, ATM transactions, and account maintenance services. The bank also recorded a sharp rise in foreign currency revaluation gains, which surged by more than 700 percent year on year.
Fidelity Bank’s investment portfolio expanded strongly, with holdings in debt instruments and other securities increasing significantly as the lender strengthened its position in fixed income markets. Liquidity also improved, with cash and cash equivalents rising sharply during the review period.
Total assets grew to N10.46 trillion from N8.82 trillion, while customer deposits increased to N6.89 trillion, reflecting sustained customer confidence and continued expansion of its funding base.
The bank’s shareholders’ funds rose by 21.1 percent to N1.09 trillion, crossing the N1 trillion threshold for the first time. This milestone was supported by a private placement of 12.9 billion ordinary shares completed in December 2025, which helped boost its capital base above regulatory requirements for international banking operations.
According to the bank, the capital raise strengthens its ability to finance larger transactions, expand lending operations, and support regional and international growth ambitions.
Credit loss expenses also improved significantly, reflecting better asset quality management and stronger risk controls during the year.
The bank said the results underscore its resilience, strategic execution, and continued investment in digital transformation, customer experience, and sectoral lending support across the Nigerian economy.
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