Leading Nigerian financial institution, Fidelity Bank Plc, has announced its audited financial results for the year ended Dec. 31, 2025, reporting a 45.6 per cent increase in gross earnings from N1.04 trillion in 2024 to N1.52 trillion in FY 2025, reflecting stronger topline momentum across its core business segments.
The group recorded a profit before tax of N347.7 billion. The performance was driven by a 38.7 per cent year-on-year increase in interest income to N1.11 trillion, compared with N803.1 billion in FY 2024, as well as a 44.7 per cent rise in fees and commission income to N113.4 billion from N78.4 billion in the previous year.
On the balance sheet, total assets grew by 18.6 per cent year-on-year to N10.46 trillion from N8.82 trillion in FY 2024, while customer deposits rose by 16.1 per cent to N6.89 trillion from N5.94 trillion, reflecting sustained franchise strength and growing customer confidence in the brand.
Moreso , net loans and advances declined by 2.4% year-on-year to N4.28 trillion (FY 2024: N4.39 trillion) as customers paid down on their mature obligations.
Also, the Bank strengthened its capital position during the period, with eligible capital rising to N561 billion, above the regulatory minimum of N500 billion for banks with international authorisation. In addition, capital adequacy remained robust, with Capital Adequacy Ratio of 30.94 percent as at 31 December 2025 (FY 2024: 23.47 percent).
Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
Fidelity Bank won the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application Award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine.
Additionally, Fidelity Bank was recognised as the Best Bank for SMEs in Nigeria at the Euromoney Awards for Excellence and named Export Financing Bank of the Year at the BusinessDay Banks and Financial Institutions (BAFI) Awards.
