Fidelity Bank Plc has announced impressive financial results for the third quarter of 2024. The bank recorded substantial growth in both its top and bottom lines.
Financial Highlights for Q3 2024:
- Gross Earnings: N772.465 billion, a 98.68% year-on-year increase.
- Profit After Tax: N224.6 billion, a 144.8% year-on-year surge.
- Earnings Per Share: N7.02
- P/E Ratio: 2.03x
- Earnings Yield: 49.24%
These strong results demonstrate Fidelity Bank’s robust performance and its ability to capitalize on growth opportunities in the Nigerian market.
