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)

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