Fidelity Bank, one of the leading commercial banks in Nigeria, has declared a profit after tax of at N242.4 billion for the 2025 financial year.
According to the Bank’s 2025 financial statements, the bank’s gross earnings increased by 45.6 per cent to N1.52 trillion, compared with N1.04 trillion in 2024, while Profit before tax stood at N347.7 billion.
Presenting the Bank’s performance, the Board Chairman, Mrs. Amaka Onwughalu, said that Fidelity Bank remained focused in building a stronger and more sustainable institution capable of delivering long-term value.
“At Fidelity Bank, we are building for the long term by creating lasting value through trust, innovation and shared progress. Guided by purpose and responsibility, we are building a stronger, more agile and more sustainable institution, one designed to thrive through change and deliver enduring impact for generations,” Mrs. Amaka Onwughalu said.
The Bank’s 2025 financial statements showed that gross earnings increased by 45.6 per cent to N1.52 trillion, compared with N1.04 trillion in 2024. Profit before tax stood at N347.7 billion, while profit after tax closed at N242.4 billion.
The Bank also strengthened key balance sheet and risk indicators. Its non-performing loan ratio improved to 2.4 per cent from 3.1 per cent, while the coverage ratio rose to 203.9 per cent from 138.4 per cent. Liquidity stood at 66.5 per cent, above the regulatory minimum of 30 per cent, while total equity increased to N1.09 trillion from N897.9 billion.
In her speech, the Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, said that the Bank’s strategy remained centred on building a resilient institution, deepening customer relationships and creating sustainable value for stakeholders.
“Our focus remains on making financial services easy and accessible to our customers while building a stronger institution for shareholders, employees and the communities we serve,” Dr. Onyeali-Ikpe said.
During the meeting, the shareholders received the Audited Financial Statements and reports of the Directors, External Auditors, Statutory Audit Committee and Independent Board Appraisal Consultants for the year ended December 31, 2025.
They lauded the Bank’s Board and Management for strengthening its capital base, improving asset quality and sustaining earnings growth despite a challenging operating environment.
The shareholders also urged the Board and Management to sustain the momentum, deepen market competitiveness and continue strengthening returns to investors.
Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 10 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
GIK/APA