Fidelity Bank Plc, a prominent financial establishment, has unveiled its unaudited financial results for the third quarter, concluding on September 30, 2025. The findings reflect a remarkable performance across pivotal income streams and operational indicators.
As per the disclosures made on the Nigerian Exchange Group (NGX) portal on November 21, the Bank reported Gross Earnings amounting to ₦366.1 billion for Q3 2025.
This figure signifies an 8 percent surge from the ₦338.9 billion documented in Q3 2024. The growth was fueled by a vigorous increase in interest income and a consistent momentum in fee-driven revenues.
Interest Income, calculated through the effective interest rate method, ascended by an impressive 33 percent to ₦285.6 billion in Q3 2025, compared to ₦214.7 billion in Q3 2024.
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Additionally, Other Interest Income more than doubled, escalating from ₦13.0 billion in the same quarter of 2024 to ₦34.2 billion, emphasizing significantly enhanced returns from non-traditional lending initiatives.
Year-to-date, the Bank achieved a monumental milestone with Gross Earnings exceeding ₦1.1 trillion, the pinnacle in its history, marking an increase from ₦772.5 billion in Q3 2024.
Total assets also surpassed the remarkable ₦10 trillion threshold, propelled by vigorous growth in cash, customer loans, and investment securities; this contrasts with ₦8.8 trillion in Q3 2024.
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Net Interest Income for the nine-month span reached ₦565.3 billion, while fee and commission income aggregated ₦84.5 billion. The respective figures for Q3 2024 stood at ₦470.5 billion and ₦56.3 billion.
Credit Loss Expenses diminished to ₦900 million from ₦32.8 billion in Q3 2024. However, Net Interest Income remained stable at ₦144.8 billion, compared to ₦143.7 billion in Q3 2024. This stability reflects enhanced asset quality and meticulous risk management practices.
Fee and Commission Income surged by 47.2 percent to ₦31.1 billion, an increase from ₦21.1 billion in Q3 2024, driven by heightened transaction volumes and the adoption of digital banking.
Foreign currency revaluation gains contributed ₦14.1 billion to Non-Interest Revenue, while other Operating Income climbed to ₦1.1 billion from ₦447 million in Q3 2024.
