Fidelity Bank Plc, one of Nigeria’s leading financial institutions, has announced strong performance in its audited financial results for the year ended December 31, 2025, with significant growth across key income and balance sheet indicators.
According to the report, the bank recorded a 45.6 per cent increase in gross earnings, rising from ₦1.04 trillion in 2024 to ₦1.52 trillion in 2025, driven by improved performance in both interest income and fee-based services.
The Group also posted a Profit Before Tax (PBT) of ₦347.7 billion for the year under review, reflecting sustained profitability despite a challenging macroeconomic environment.
A breakdown of the performance showed that interest income grew by 38.7 per cent year-on-year to ₦1.11 trillion, compared to ₦803.1 billion recorded in 2024.
Similarly, fees and commission income rose by 44.7 per cent to ₦113.4 billion, up from ₦78.4 billion in the previous year, highlighting increased customer transactions and expanded service adoption.
On the balance sheet, total assets increased by 18.6 per cent year-on-year to ₦10.46 trillion, up from ₦8.82 trillion in 2024. Customer deposits also rose by 16.1 per cent to ₦6.89 trillion from ₦5.94 trillion, indicating growing customer confidence and continued franchise expansion.
However, net loans and advances declined slightly by 2.4 per cent to ₦4.28 trillion from ₦4.39 trillion in 2024. The bank attributed the dip to customers’ repayment of matured obligations during the period.
Fidelity Bank also strengthened its capital base significantly, with eligible capital rising to ₦561 billion, surpassing the Central Bank of Nigeria’s regulatory minimum requirement of ₦500 billion for internationally authorised banks.
The Capital Adequacy Ratio (CAR) also improved to 30.94 per cent as at December 31, 2025, compared to 23.47 per cent in 2024, reflecting strong financial stability.
The bank, which serves over 9.1 million customers, operates through 255 business offices across Nigeria and the United Kingdom through its subsidiary, FidBank UK Limited.
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Fidelity Bank also highlighted several industry recognitions received during the period, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay BAFI Awards, the Most Innovative Mobile Banking Application Award for its Fidelity Mobile App by Global Business Outlook, and the Most Innovative Investment Banking Service Provider Award by Global Brands Magazine.
It was also named Best Bank for SMEs in Nigeria by Euromoney Awards for Excellence and Export Financing Bank of the Year by BusinessDay BAFI Awards, reinforcing its position as a key player in Nigeria’s financial services sector.
