Fidelity Bank reports N241.89bn as Gross Earnings, grows PAT by 31.86% in Q3 2022

Fidelity Bank reported Gross Earnings of N241.894 billion was reported by the Financial Institution for the 9 months period, up by 38.74% from N174.354 billion reported the previous year.

Profit after tax grew year on year by 31.86% to N34.959 billion from N26.512 billion reported in Q3 2021.

Earnings per share of Fidelity Bank for the period under review stands at N1.21, up by 31.86% from the EPS of N0.92 achieved the previous year.

At the share price of N4.1, the P/E ratio of Fidelity Bank stands at 3.40x with earnings yield of 29.42%.

Source: Fidelity Bank reports N241.89bn as Gross Earnings, grows PAT by 31.86% in Q3 2022 – StocksWatch (stocksng.com)

Related Posts

05

Nov
Market Update

Stock market extends down trend by 0.72%

It was yet another bearish session on the floor of the Nigerian stock market on Tuesday as downtrend extended on profit taking by investors. The All Share Index dropped by 0.72% to close at 152,629.60 points from the previous close of 153,739.11 points. The Market Capitalisation declined by 0.63% to close at N96.971 trillion from the previous […]