Fidelity Bank Records Stellar Performance in FY 2022 • Declares total dividend of 50K per share
Fidelity Bank Records Stellar Performance in FY 2022 • Declares total dividend of 50K per share Fidelity Bank Plc, a leading financial institution released its 2022 Audited Financial Statements on the Nigerian bourse today. The results showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in interest and similar income to N295.6bn. The increase in Interest Income was led by a combination of improved yield on earning assets and 19.1% YoY expansion in earnings base to N2.64trn. This led to a Profit Before Tax of N53.7 billion representing 112.9% annual growth. Commenting on the…